Clinton Hints at Comeback to ‘Shine a Light’ on Issues

Clinton Hints at Comeback to ‘Shine a Light’ on Issues

Former presidential candidate Hillary Clinton hinted Friday that she is ready to re-enter public life. Clinton said, “I am ready to come out of the woods,” at the end of a St. Patrick’s Day speech in Scranton, Pennsylvania, in a reference to her viral photograph while hiking in the woods near her home in Chappaqua, New… Continue reading “Clinton Hints at Comeback to ‘Shine a Light’ on Issues”

GBPUSD Pound Jumps to 1.25, Markets Eye Autumn

GBPUSD British Pound Steady in Light Holiday Trade

GBPUSD British Pound Steady in Light Holiday Trade

GBPUSD

  • Buz Investors British Pound Steady At 10:40 GMT, the pair is trading at 1.2269, with the Pound trading 0.17% lower against US Dollar from the New York close.
  • Amid a holiday observed in Britain today, market participants will look forward to global events for further direction.
  • The pair witnessed a high of 1.2307 and a low of 1.2255 during the session. On Friday, the Pound traded 0.2% higher against the US Dollar in the New York session and ended at 1.2290. Immediate downside, the first support level is seen at 1.2228, while on the upside, the first resistance level is situated at 1.2309.

British Pound Steady

Buz Investors British Pound Steady At 10:40 GMT, the pair is trading at 1.2269, with the Pound trading 0.17% lower against US Dollar from the New York close. Amid a holiday observed in Britain today, market participants will look forward to global events for further

British Pound Steady GBP/USD has edged lower in the Tuesday session, as the pair trades at 1.2240. On the release front, there are no British events as British markets are closed for a holiday. The UK wrapped up last week with on a positive note, as GDP was revised upwards to 0.7%, edging above the forecast of 0.6%. In the US, today’s highlight is CB Consumer Confidence, with the indicator expected to climb to 108.9 points. On Wednesday, the US releases Pending Home Sales, with the markets anticipating a strong gain of 0.6%.

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British Pound Steady

The US economy continues to expand at a brisk clip, as underscored by the most recent revision to third quarter GDP. The Final GDP reading of 3.5% beat the estimate of 3.2%. This figure marked an upward revision of the previous GDP estimate of 3.2%. The stellar reading can be attributed to stronger consumer spending and an increase in business investment, and marked the strongest growth rate since the third quarter of 2015.

US indicators looked sharp to end the week. New Home Sales jumped to 592 thousand, which translated into an increase of 5.2%. This easily beat the forecast of 575 thousand. There was more good news from UoM Consumer Sentiment, which climbed to a 12-year high, with a reading of 93.8 points.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)




USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Yen Edges Higher in Light Holiday Trade

USDJPY Yen Edges Higher in Light Holiday Trade

USD-JPY

  • Buz Investors  Yen Edges Higher  This morning, at 10:40 GMT, the US Dollar is trading at 117.44 against the Yen, 0.34% lower from the New York close.
  • Earlier in the session, Japan’s all industry activity index advanced more than anticipated on a monthly basis in October During the session, the pair traded at a high of 118.06 and a low of 117.36.
  • Yesterday, the US Dollar traded 0.21% lower against the Yen in the New York session and ended at 117.84. The pair is expected to its find support at 117.13 and its first resistance at 117.97.

Yen Edges Higher

Buz Investors Yen Edges Higher This morning, at 10:40 GMT, the US Dollar is trading at 117.44 against the Yen, 0.34% lower from the New York close. Earlier in the session, Japan’s all industry activity index advanced more than anticipated on

Yen Edges Higher  USD/JPY has posted slight losses in Wednesday consultation. currently, the pair is trading at 117.50. On the discharge front, these days’s spotlight is current domestic sales. The indicator is projected to drop to five.52 million. In Japan, All Industries sports remained unchanged at zero.2%, edging above the forecast of 0.1%. There aren’t any japanese events on Thursday, with markets closed for a holiday. Thursday promises to be busy, as america releases three key occasions – core long lasting iteOrders, final GDP and unemployment claims.

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Yen Edges Higher

 

As extensively expected, the bank of Japan held prices at -zero.10%, where they have been pegged due to the fact January. BoJ Governor Haruhiko Kuroda sounded optimistic approximately the financial system but also went out of his way to dampen any hypothesis that the BoJ became making plans to raise rates inside the near future. Kuroda changed into unconcerned approximately the yen’s sharp descent, pointing out that the weak eastern currency has raised inflation by way of boosting import prices and that the BoJ could retain its software of “effective financial easing” because the bank attempts to attain its goal of two percentage inflation.

when the Federal Reserve raised interest charges in December 2015, the Fed hopefully predicted a series of rate hikes in 2016 with a purpose to hold a hot US economic system in check. however, the Fed remained at the sidelines at some stage in 2016 and evaded any rate hikes until ultimate week. There had been several false begins along the manner, as expectations that the Fed could increase charges in advance in 2016 didn’t materialize.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)




Buz Investors Next Move in OGI Stock I have not kept my feelings and views surrounding Organigram Holdings Inc (CVE:OGI) stock and all the other marijuana licensed producers that make up this new speculative growth sector a secret.

Organigram Holdings Inc: This Will Light the Next Move in OGI Stock

Pharmaceuticals  stocks ( CGC)  ( JNJ ) ( MRK ) ( GSK ) ( celg )  ( gild ) ( OGI )

Organigram Holdings Inc: This Will Light the Next Move in OGI Stock

  • Buz Investors Next Move in OGI Stock I have not kept my feelings and views surrounding Organigram Holdings Inc (CVE:OGI) stock and all the other marijuana licensed producers that make up this new speculative growth sector a secret.
  •  Organigram, I outlined what I believe is driving investors into this sector, and I am probably starting to sound like a broken record. I continue to believe that a bull market in this sector will continue to develop up until the day that the government finally announces the details surrounding marijuana legalization and the recreational market that will follow.
  • Anticipation of this event is causing all the mania surrounding this sector. Once this news is finally delivered, I believe that the music will stop and investors will head for the exits. This is a classic “buy on rumor, sell on news” event.

Next Move in OGI Stock

Organigram Holdings Inc: This Will Light the Next Move in OGI Stock

Next Move in OGI Stock This speculative event has caused hot money to flow into this sector and, as a result, wild swings in OGI stock have become a common occurrence. For many, this type of price action can take a toll on one’s emotions. I believe this type of price action is probably best suited for day traders. This is why I have always said it is best to wait for a constructive pattern to develop before committing any capital to a position.

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Next Move in OGI Stock

A constructive pattern works great in such turbulent market conditions because it gives me the ability to define my risk. Knowing when to exit my trade if the price moves against me is the single most important factor I always look for.

The following Organigram stock chart illustrates the constructive price behavior that has defined this bull market.

OGI Stock: It Has Arrived

Organigram Holdings Inc: This Will Light the Next Move in OGI Stock

The Organigram stock chart above is a perfect example of a healthy and constructive price pattern. The chart is littered with impulse waves and consolidation waves. An impulse wave, highlighted in green, takes the price to a progressively new high, while the consolidation wave alleviates the overbought conditions that was created, and also sets the framework for the next impulse wave to develop.

After OGI stock found support at $2.40, an impulse wave quickly developed that took the price higher and allowed a consolidation wave to develop. This consolidation wave is the constructive pattern I was waiting for. Depending on which way the price breaks out of the consolidation pattern will depict the direction of the next impulse wave.




Nonfarm Payrolls Give Federal Reserve Green Light for December Rate Hike

Nonfarm Payrolls Give Federal Reserve Green Light for December Rate Hike

Nonfarm Payrolls Give Federal Reserve Green Light for December Rate Hike

  • Buz Investors Green Light for December Rate Hike The Federal Reserve has received the final green light it needs to continue raising interest rates in December. On Wednesday, the central bank’s official statement said it was waiting for “some further evidence of continued progress toward its objectives” of price stability and full employment.
  • That evidence would come two days later when the Labor Department released another batch of solid employment numbers that also pointed to stronger wage inflation.
  • The US economy added 161,000 nonfarm jobs last month. The reading was smaller than expected, but followed an upwardly revised gain of 191,000 in September that was originally

Green Light for December Rate Hike

Nonfarm Payrolls Give Federal Reserve Green Light for December Rate Hike

The US economy added 161,000 nonfarm jobs last month. The reading was smaller than expected, but followed an upwardly revised gain of 191,000 in September that was originally reported as 156,000. That brought the three-month average to 176,000. For 2016 as a whole, the economy has added an average of 181,000 monthly jobs.

Average hourly earnings, a gauge of inflationary pressure, rose 2.8% year-over-year. The jobless rate also nudged down to 4.9% from 5%.

 

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“The labour market has, by and large, had a pretty good year,” Federal Reserve Vice Chair Stanley Fischer said Friday in prepared remarks at a conference for the International Monetary Fund (IMF). The Fed official said the economy is “close to full employment.”

Fischer also warned that a failure to raise interest rates could cause the Fed to overshoot its inflation goals. On Friday he reiterated that he expects prices to rise more quickly.

Tesla Motors shines a light on solar plans at L.A. event

Tesla Motors shines a light on solar plans at L.A. event

Tesla Motors shines a light on solar plans at L.A. event

  • Buz Investors Tesla Motors shines (NASDAQ:TSLA) says it expects to start installing solar roofs next summer with glass tiles that have integrated solar panels.
  • CEO Elon Musk notes the glass tiles are more durable than normal roofing tiles.
  • The solar roofs will be tied to the updated Powerwall 2 home energy product (14 kWh, $5500) which was also showcased by the Tesla team tonight in Los Angeles.

Tesla Motors shines

 Tesla Motors shines

Tesla Motors shines “This is sort of the integrated future. An electric car, a Powerwall and a solar roof. The key is it needs to be beautiful, affordable and seamlessly integrated,” said Musk at the event.

The full-speed ahead solar approach by Tesla assumes the SolarCity (NASDAQ:SCTY) merger sails by upcoming shareholder votes.

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Tesla Motors shines

We can see that days payable have ballooned up to over 127 days. That is an increase of 26 days over last quarter and 20 days over the same period last year.

So what happens if Tesla had paid its bills in a more timely manner as it had in previous quarters. We can set days payable to 102 as it was last quarter and then solve for accounts payable to see the difference. The formula would be days payable = accounts payable ( cost of sales / days in the time period) or 102 = x / ($1661.7 / 92 ). Solving for x we get accounts payable of $1842.3M.

This means Tesla generated “cash flow” of $459M by stretching out payables. If DPO were the same, the company may have reported free cash flow of negative $437.2M! Yes, the loss would represent a $261M improvement over last quarter’s free cash flow but the business is still a money losing enterprise.

We won’t the know the full extent of how Tesla arrived at a free cash flow profit until the 10-Q is released but for now we do know the company appears to have generated a substantial amount of cash by simply not paying its bills as soon as it did in the past.