Weekend Report – Markets and Peso

Weekend Report – Markets and Peso

It’s been awhile since I’ve commented on the markets, but for a reason. In my last post on the markets, I indicated that the bull market was not over yet. The movers in the market, FANG (Facebook, Alphabet, Netflix, and Google) were ripe for a correction....
Mexican Peso Update

Mexican Peso Update

The year started off very strong for the Mexican peso, by the end of January, the peso had soared more than 5 percent. No other currency in the world, save Norway’s krone, was hotter than the Mexican peso. (The Columbian peso was equally as strong as the Mexican...
Another Correction in Stocks?

Another Correction in Stocks?

There was a time, prior to early 2016, when most of the market indexes were moving in sync. However, in early 2016 the market’s leadership narrowed somewhat. The driving force for the markets became more dominated by technology companies and semiconductor...
Dollar Strengthens Against the Peso

Dollar Strengthens Against the Peso

The US Dollar has been flirting with breaking support at 18 for awhile and today the dollar rallied very strongly against the peso. Technically, if we look at the weekly chart, you’ll see that the MACD crossover point has been reached. So, we should see an...
Mexican Peso

Mexican Peso

The Mexican peso has been moving sideways as the US dollar appears to be basing. Outlook for the Mexican Peso Most currency analysts are predicting that the peso will end the year between 18 and 20 pesos to the dollar. So, let’s take a look at some of the...
Have we seen the worse of the tech slide?

Have we seen the worse of the tech slide?

The tech leaders known as FANG; Facebook, Amazon, Netflix, and Alphabet (Google),  have all gotten beaten up recently. You could say that a cleansing has taken place and their valuations have been taken down a notch. In this most recent decline the broader S&P...
Today Could be a Key Day for the Markets

Today Could be a Key Day for the Markets

We did see some buying on weakness at the close yesterday. We really need to see a strong rally today in order to stave off further weakness. If we get another rally today and especially if it recovers 50% or more of yesterday’s loss then perhaps we will avoid...

Pin It on Pinterest

Share This