EUR/USD: Await Breakout; AUD/USD: Sell Into 55d AVG – Commerzbank

Last week EUR/USD was sidelined between its 1.3336/33 current August lows and the upper pennant line at 1.3419, notes Commerzbank. “The near term risk is still for a corrective rebound towards the three month downtrend line at 1.3452 to unfold. A daily close below 1.3333 is needed to trigger furt…

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EUR/USD: Await Breakout; AUD/USD: Sell Into 55d AVG – Commerzbank

EUR/USD: Await Breakout; AUD/USD: Sell Into 55d AVG – Commerzbank

Last week EUR/USD was sidelined between its 1.3336/33 current August lows and the upper pennant line at 1.3419, notes Commerzbank. “The near term risk is still for a corrective rebound towards the three month downtrend line at 1.3452 to unfold. A daily close below 1.3333 is needed to trigger furt…

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EUR/USD: Await Breakout; AUD/USD: Sell Into 55d AVG – Commerzbank

EUR/USD: Await Breakout; AUD/USD: Sell Into 55d AVG – Commerzbank

Last week EUR/USD was sidelined between its 1.3336/33 current August lows and the upper pennant line at 1.3419, notes Commerzbank. “The near term risk is still for a corrective rebound towards the three month downtrend line at 1.3452 to unfold. A daily close below 1.3333 is needed to trigger furt…

Read the original here: 
EUR/USD: Await Breakout; AUD/USD: Sell Into 55d AVG – Commerzbank

Federated Investors sees S&P 500 at 2,500 in two years: Barron’s

The S&P 500 could hit 2,500 within the next 18 months to two years, Barron’s reported on Sunday, citing its interview with Stephen Auth, chief investment officer, equities at Federated Investors. Auth oversees a staff that runs about $50 billion in assets. A robust U.S. economy growing at an a…

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Federated Investors sees S&P 500 at 2,500 in two years: Barron’s

Federated Investors sees S&P 500 at 2,500 in two years: Barron’s

The S&P 500 could hit 2,500 within the next 18 months to two years, Barron’s reported on Sunday, citing its interview with Stephen Auth, chief investment officer, equities at Federated Investors. Auth oversees a staff that runs about $50 billion in assets. A robust U.S. economy growing at an a…

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Federated Investors sees S&P 500 at 2,500 in two years: Barron’s

Robert Shiller tries to understand why stocks are ‘very expensive’

“The United States stock market looks very expensive right now.” And with that, Yale professor Robert Shiller is at it again, telling us to worry. He’s got plenty of company these days among those who fear this bull market can’t possibly keep going. Shiller’s particularly uncomfortable about the …

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Robert Shiller tries to understand why stocks are ‘very expensive’

Is The SEC Asking These Hedge Funds For An Explanation Why They All Rushed Into Allergan Last Quarter?

which showed how Bill Ackman had accumulated a massive 9.7% stake in AGN stock through call options, making him the largest stakeholder of the company. What happened after this fervent accumulation spree, driven by Ackman’s advance knowledge that Valeant would submit a bid for Allergan, is that n…

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Is The SEC Asking These Hedge Funds For An Explanation Why They All Rushed Into Allergan Last Quarter?