Is there room for some AUDCAD upside?
Can gold reverse on the US Jobs report?Â
Taking a look at the US Labour report there is a chance that gold can recover it’s recent losses if we see a big miss in the report. Remember that the Fed sees the labour market through an inflationary or…
Is this time for a US stock turnaround?
Time to go Kroger Co?
The Kroger Company, or simply Kroger, is an American retail company that operates supermarkets and multi-department stores throughout the US. It is a Consumer Staple sector and that sector can find buyers when traders are expecting a recession. The rationale…
Utility stocks have appeal during recession
NextEra is a large American energy company with revenues exceeding $18 billion in 2020. If the US is heading towards a recession then typically utility companies, like NextEra energy should find buyers. This is because even when consumers spending power…
Is this Tech’s turn to fall?
There’s been a huge amount of flows into the tech sector this year, according to Deutsche Bank AG who see over $40 billion in cumulative global flows. However, with the Fed signalling higher rates for longer in last weeks meeting…
More nasdaq weakness ahead?
The Federal reserve took a more hawkish tone in their latest rate meeting revising up the dot plot seeing higher interest rates in 2024 and beyond. The NASDAQ is typically sensitive to US rate increases, and this provides a natural…