Forex News 24 |
- This White-Hot Pharma Stock Could Double
- 4 Drug and Health Stocks to Buy As They Push Higher
- Bitcoin analysis for May, 28.2019
- 5 Top Stock Trades for Wednesday: GILD, NVDA, AMD
- GBPUSD Currency Volatility Rises Alongside Brexit Turbulence
- 7 Stocks to Buy for June
- Bitcoin Price Nears $9,000 as XRP Looks to Post Record Climb
- 5 High-Yield Preferred ETFs That Are Soaring
- US Dollar Price Action Setups in USD/JPY, AUD/USD and NZD/USD
- Tuesday Apple Rumors: Apple Launches 2019 iPod Touch
| This White-Hot Pharma Stock Could Double Posted: 28 May 2019 02:37 PM PDT Hits: 7 Trump said the U.S. is “not ready” for a deal with China
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| 4 Drug and Health Stocks to Buy As They Push Higher Posted: 28 May 2019 02:29 PM PDT Hits: 8 U.S. equities are mostly higher in post-holiday trading on Tuesday, as investors are looking for stocks to buy. They're largely shrugging off a litany of concerns such as a falling long-term Treasury rates, U.S.-China trade tensions, Italian debt worries, and the rise of populist political parties in Europe following over-the-weekend elections. Instead, investors seem to be focusing in on specific news events affecting individual sectors. Healthcare stocks, in particular, are getting some attention as Johnson & Johnson (NYSE:JNJ) faces off against Oklahoma in the first-of-its-kind opioid epidemic lawsuit. This comes with the company fresh off of its fight over talcum powder. Accusations of links to ovarian cancer resulted in billions in judgments. Shares of JNJ, along with a number of other related healthcare stocks, are surging higher in what looks like a buy-the-news opportunity as defensive stocks in general enjoy a bout of relative outperformance:
Johnson & Johnson (JNJ)As mentioned, the company is facing a multi-billion-dollar lawsuit from the state of Oklahoma. The suit is aimed at pinning the blame for the opioid epidemic on the marketing of its painkillers. Lawyers for both sides made their opening arguments in state court today in what is the first of more than 2,000 similar lawsuits nationwide. Despite this, coverage of the stock was recently initiated by Goldman analysts, who assigned a buy rating. The company will next report results on July 16 before the bell. Analysts are looking for earnings of $2.40 per share on revenues of $20.4 billion. When the company last reported on April 16, earnings of $2.10 beat estimates by six cents on a 0.1% rise in revenues.
Pfizer (PFE)Shares of Pfizer (NYSE:PFE) are challenging downtrend channel resistance near the $42.50-a-share level, pushing up and over its 200-day moving average. Watch for a run to its December high, which would be worth a gain of more than 8% from here. The FDA recently approved its Fragmin injection for pediatric patients fighting blood clots. The company will next report results on July 30 before the bell. Analysts are looking for earnings of 75 cents per share on revenues of $13.3 billion. When the company last reported on April 30, earnings of 85 cents per share beat estimates by 10 cents on a 1.6% rise in revenues.
Merck (MRK)Shares of drugmaker Merck (NYSE:MRK) are rallying above their 50-day moving average to close in on their early April highs. Coverage of the stock was recently initiated by Goldman analysts, who assigned a neutral rating. Earlier in the month, the stock was upgraded to overweight by analysts at Atlantic Equities. Merely a return to the early April high would be worth a 4% gain from here. The company will next report results on July 30 before the bell. Analysts are looking for earnings of $1.15 per share on revenues of $10.9 billion. When the company last reported on April 30, earnings of $1.22 per share beat estimates by 17 cents on a 7.8% rise in revenues.
Boston Scientific (BSX)Shares of Boston Scientific (NYSE:BSX) are rising off of support near their 50-day and 200-day moving averages, breaking free of a four-month consolidation range to rally towards the February/March high and a possible push to new record highs. Shares were recently upgraded to buy by analysts at Evercore ISI. The company will next report results on July 24 before the bell. Analysts are looking for earnings of 38 cents per share on revenues of $2.6 billion. When the company last reported on April 24, earnings of 35 cents per share missed estimates by a penny on a 4.8% rise in revenues. As of this writing, William Roth did not hold a position in any of the aforementioned securities. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.
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| Bitcoin analysis for May, 28.2019 Posted: 28 May 2019 01:59 PM PDT Hits: 15 BTC has been trading sideways at the price of $8.760. The price tested the level of $8.473 as we planned and provided us a good buy opportunity. White rectangle – horizonal support Red horizontal line – projected target Ascending triangle is active on the BTC and we expect more upside. Price did went to test the middle of the Bolinger band, which is is support for further upside. Additionally, there is the bullish flag intraday in creation, which is another sign of the strength. Support level is seen at the price of $8.310. Resistance is seen at the price of $9.563. Watch for buying opportunities. The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.
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| 5 Top Stock Trades for Wednesday: GILD, NVDA, AMD Posted: 28 May 2019 01:53 PM PDT Hits: 6 Stocks were stagnant in the first trading session of a holiday-shortened week, as U.S. stock started off higher at the open and fell flat in afternoon trading. It's left traders craving some sort of break — either higher or lower — in order to get a better trading environment. Let's look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow #1: Gilead Sciences
Now what? A rally back to the $65 to $66 area and fail would set up shorts to push GILD stock lower. Should it continue falling, the $61 to $61.50 area could be next. Top Stock Trades for Tomorrow #2: Advanced Micro DevicesAdvanced Micro Devices (NASDAQ:AMD) erupted on positive news for its new chip, sending shares higher by 10%. It broke the stock out of a multi-month downward channel, and put it over the 20-day and 50-day moving averages. It also put AMD over $29, a level we were watching on the upside not all that long ago. If AMD can take out April's high at $29.95, a rally into the low-$30s is possible. On a pullback below $29, look to see that prior channel resistance holds as support, and/or the 50-day/20-day moving average, whichever comes first. Top Stock Trades for Tomorrow #3: Teva PharmaceuticalShares of Teva Pharmaceutical (NYSE:TEVA) are tumbling more than 12% on Tuesday, as the stock breaks to new multi-year lows. The stock blew through the 2017 lows earlier this month and continues to look downright dreadful. A rally back to the $11 to $11.50 area and fail would set up a short signal for bears. At this point, there's not much reason to get long TEVA, unless aggressive traders want to go long against Tuesday's lows. That said, I would rather wait for some kind of reversal to brew in TEVA first. In August 2017 we called Teva toxic and not much has changed at this point. Top Stock Trades for Tomorrow #4: American AirlinesAmerican Airlines (NYSE:AAL) is also off to a tough start. The stock has been putting in a series of higher lows and while a bounce from March sent the stock higher by about $5 from peak to trough, we're right back where we started. Actually, we're worse now. Over the last few days, AAL has lost the vital $30 support floor that has led to numerous bounces in the past. Investors can play these bounces even into the face of a downtrend (purple line). However, they have to know when to step aside once support gives way. Shares have now broken below this year's lows, making a rally back $30 suspect. Should it act as resistance, expect sellers to push it back down for another test of the lows. Top Stock Trades for Tomorrow #5: NvidiaNvidia (NASDAQ:NVDA) has been getting buried lately, shedding more than 25% from its highs last month. This $144 to $145 area acted as support twice in February before sending NVDA up to $190. Now stuck in a falling wedge, this could have a bullish break if and when it clears resistance. If it does, a breakout could send NVDA up to its 20-day moving average. Of course, a break of support negates that move. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVDA. http://platform.twitter.com/widgets.js Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.
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| GBPUSD Currency Volatility Rises Alongside Brexit Turbulence Posted: 28 May 2019 01:52 PM PDT Hits: 17 GBPUSD CURRENCY VOLATILITY – TALKING POINTS
Forex option traders are pricing higher odds that the Pound Sterling could come under pressure according to rising implied volatility and declining risk reversal measures. Spot GBPUSD has slid 16 out of the last 19 trading sessions as mounting Brexit uncertainty further clouds the market's outlook on the British Pound. Over the last month, cross-party talks between Tory Prime Minister Theresa May and Labour Party Leader Jeremy Corbyn came to a screeching halt and reignited concerns over the ongoing gridlock in Parliament. With no sign of success or clear direction on Brexit, PM Theresa May announced plans to resign last week as calls for her to step down grew louder. Now, speculation grows over who will take over has successor after PM May steps down on June 7. GBPUSD IMPLIED VOLATILITY AND RISK REVERSAL (6-MONTH OPTION CONTRACT)
Heighted uncertainty surrounding the likelihood that the UK will leave the EU with a deal by the October 31 departure date has only escalated after the stunning victory by Nigel Farage's Brexit Party in the European Parliamentary elections. Consequently, GBPUSD implied volatility is on the rise once more and could indicate weakness ahead for the cable. This is further suggested by currency option traders demanding additional downside protection with risk reversal readings plummeting once again. GBPUSD PRICE CHART: WEEKLY TIME FRAME (FEBRUARY 28, 2016 TO MAY 28, 2019)
According to the derived implied volatility reading of 9.18 percent, GBPUSD is estimated to range between 1.1851 and 1.3495 over the next 6-months with a 68 percent statistical probability. The Sterling's recent string of losses has pushed spot GBPUSD towards technical support near the 1.2500 handle, which could provide the British Pound with a level of buoyancy. Although, if rates fall below this level with the bullish uptrend line and 23.6 percent Fibonacci retracement failing to bolster prices, a clear bearish bias could emerge and quickly push GBPUSD towards 1.2000. This outcome could be driven by currency traders pricing in greater odds of no-deal Brexit. As such, forex market participants will likely focus their attention on who will replace Theresa May as Prime Minister for clues on which Brexit path the UK will be steered down next. GBPUSD TRADER SENTIMENT: DAILY TIME FRAME (NOVEMBER 29, 2018 TO MAY 28, 2019)
GBPUSD traders remain bullish, however, as IG client positioning data shows that 79.8 percent of retail CFD traders hold net-long positions resulting in a ratio of 3.95 longs-to-shorts. In fact, GBPUSD traders have remained net-long since May 06 when spot rates traded near 1.31714 – prices has moved 3.9 percent lower since then. Looking at trader sentiment data with a contrarian lens, spot GBPUSD could continue to fall considering bullish crowd positioning. – Written by Rich Dvorak, Junior Analyst for DailyFX – Follow @RichDvorakFX on Twitter http://platform.twitter.com/widgets.js Can you get luxurious from fx trading? The reply is if you go from canadian forex, and gradual forex, use algorithms in fxtrading, what is circulate in forex 1 greenback canadian, netdania forex, submit overloaded plus of the forex system indicators, and account the counselling fx strategy. We present win win all.
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| Posted: 28 May 2019 01:17 PM PDT Hits: 5 It's not supposed to be a great month for stocks. Over the course of the past 70 years, June has lost ground about as often as it has gained ground, while the average performance for the S&P 500 for the coming month is actually a small loss. And, given the market's May so far, following a red-hot start to the year, it looks like this June could prove particularly problematic. It's not a problem that applies to all tickers, however. There will be exceptions. Some of those exceptions are rooted in new sector rotation, while others are the result of excessive selloffs we've seen take shape in recent weeks. Still, others are stocks that have simply been in unstoppable, steady uptrends that don't appear ready to come to a close anytime soon. Whatever the reason, add these seven names to your list of stocks to buy for your best shot at making forward progress in the coming month(s). TerraForm Power (TERP)TerraForm Power (NASDAQ:TERP) is a utility-scale renewable energy producer. It owns more than 3,700 megawatts worth of wind and solar energy farms, mostly in the United States. The hype surrounding renewables back in 2013 and 2014 was palpable, giving rise to the company as a publicly traded entity in July 2014, spun-off from troubled (and eventually bankrupt) parent SunEdison. The timing, however, couldn't have been more unfortunate. The buzz, as well as pricing power and its growth rate, peaked in mid-2015. By the end of that year, TERP stock had lost nearly 90% of its value. Most investors mentally wrote it off. Big mistake. Although slow-going and inconsistent, TerraForm Power shares are fighting their way back. While stagnant for the bulk of 2018, the stock appears to be in breakout mode, punching past resistance around $12. There's another ceiling around $14, but with next year's expected revenue growth of 14% also expected to drive per-share earnings from $2.41 to $2.95, moving past that line in the sand could actually prove catalytic. The social and political tides once again favor the idea of renewables. Boston Scientific (BSX)Boston Scientific (NYSE:BSX) makes a variety of medical devices, but it might be best known for its pacemakers, stents and a variety of catheters. Given its diversity, the company's revenue and earnings growth pace are impressive; most diverse organizations are so diverse they aren't able to capitalize on any cyclical, product-specific tailwinds. Boston Scientific is an exception to this norm largely because a great number of its products are superior to its competitors. Numbers verify the idea. The company hasn't failed to grow the top line in any quarter since the third quarter of 2015, with the weakest of those reports being last quarter's still-solid 4.8% growth. Even that below-average quarter appears to be a one-off though. Analysts are still modeling sales growth of 8.2% this year, followed by a 9% increase next year. Earnings are apt to grow even more. That's a big part of the reason BSX stock has been such an impressive, even if choppy, performer since 2018. Its recent weakness simply brings it back to the lower edge of a long-term and rising trading range. Village Super Market (VLGEA)Village Super Market (NASDAQ:VLGEA) isn't for everybody. With a market cap of right around $300 million, institutional investors may find it difficult to step into a position without moving the stock's price higher, but even smaller retail investors might find trading volume is unusually light. Besides, aren't Amazon.com (NASDAQ:AMZN) and Kroger (NYSE:KR) pushing other grocers out of the business? Not quite. While it is true that the war between Kroger and Amazon is making matters tough for every other player in the grocery business, Village Super Market's small size is its advantage. Its 29 ShopRite stores aren't just grocery stores. Several of them have on-site registered dieticians, and many of its stores also operated an on-site culinary classroom, fitness studios and childcare centers. Yet, the company also offers online ordering, just like its biggest rivals do. That hasn't shielded VLGEA from some rather wild swings in recent years, but it has earned the company a spot on a list of stocks to buy sooner than later. Shares are just coming off of another higher low, and either of the most plausible ceilings are still miles above. Life Storage (LSI)It's arguably an unhealthy mindset, but people are obsessed with keeping stuff they rarely (if ever) use, or even see. Enter Life Storage (NYSE:LSI) … a self-storage chain boasting more than 700 locations spanning 28 states. It's organized as a real estate investment trust too, so it's tax-advantaged and built to pay dividends. The current yield of 4.2% is above average for holdings with a similar risk profile, and better still, that dividend has been rising regularly since 2010 (though that growth has been plateauing lately). That may be a key part of the reason shares haven't made any net progress since the middle of last year. That could be about to change though. Analysts are calling for "earnings" of $3.13 this year (REIT earnings aren't necessarily earnings in the conventional sense) to improve to $3.21 next year. But, that outlook may not reflect the recent sale of new notes, which for the most part will be used for general corporate purposes that could include the purchase of new revenue-bearing and profit-driving properties. The chart's converging wedge pattern may actually trigger a breakout thrust once the market connects the dots. Amphastar Pharmaceuticals (AMPH)Amphastar Pharmaceuticals (NASDAQ:AMPH) may be just barely profitable, but that's about to change in a big way. Driven by explosive revenue growth from several of its products including last quarter's triple-digit revenue growth of thrombosis-prevention drug Enoxaparin, this small biopharma company is projected to improve its top line by nearly 24% next year. That should be enough grow this year's projected earnings of 32 cents per share to a whopping $1 per share of AMPH stock in 2020. That's not the only reason Amphastar is one of the top stocks to buy as we head into the latter half of 2019 though. It also has raw momentum, and it has repeatedly rewarded anyone who has bought into it on the dip like the one we've recently seen. Zillow Group (Z)The latter half of last year was a miserable one for Zillow Group (NASDAQ:Z), and by extension, for owners of Z stock. Although real estate remained red hot through the first part of the year, a few too many red flags underscored by a couple of different disappointing quarterly reports torpedoed shares. All told, from peak to trough, Zillow Group shares lost 60% of their value. The rebound effort that has taken shape in the meantime, however, suggests traders realize they were a bit overzealous with their selling; the return of Rich Barton as CEO is helping lead them to that conclusion. And that bounce is the real deal. After logging a higher low earlier this month, Zillow Group stock has crossed back above its pivotal 200-day moving average line, and has done so on higher volume … a key missing ingredient until just recently. Cowen analyst Thomas Champion recently fanned those bullish flames too, upgrading Z stock to an "Outperform" in early April, touting the notion that Barton was the right guy to lead the company through its new house-flipping initiative. Kforce (KFRC)Finally, add Kforce (NASDAQ:KFRC) to your list of stocks to buy before or at least in June. Kforce is a staffing agency, although the term doesn't quite do the company justice. Kforce is as much of a business partner and consultant as it is a supplier of bodies, specializing in meeting higher-level, more complex corporate needs. The permanent placement business is only getting bigger. But, where Kforce has a chance to truly shine in the foreseeable future is within the contract/temporary staffing arena. Although it is nowhere on the horizon yet, more than a few corporations fear some sort of economic slowdown is in the offing. Rather than commit to a large workforce to capitalize on growth opportunities at hand, securing temporary (though indefinite) professional workers right now circumvents the risk and expense of being forced to lay off workers in the future. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), for instance, currently employs more contract workers than conventional employees. Even though it leaves those workers in limbo, it plays right into the hand Kforce is holding. That hasn't necessarily meant lots of stability for KFRC stock, but when taking a step back and looking at the bigger picture, it becomes clear the longer-term tide is a bullish one. Also clear is the fact that one more step forward will carry shares above a nagging resistance line that could incite a big wave of bullishness. As of this writing, James Brumley held a position in Alphabet. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. http://platform.twitter.com/widgets.js Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.
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| Bitcoin Price Nears $9,000 as XRP Looks to Post Record Climb Posted: 28 May 2019 01:14 PM PDT Hits: 18 Bitcoin, XRP Price Outlook:
Bitcoin Price Nears $9,000 as XRP Looks to Post Record ClimbBitcoin extended its recent rally during Memorial Day weekend in the United States, touching fresh yearly highs and grasping at $9,000. The largest cryptocurrency by market capitalization has traded below $9,000 since May 11, 2018 and a topside breakout over the weekend spurred the coin near the psychological level. While $10,000 commands more respect in this regard, bears may still give pause before they allow the coin over $9,000. Should the level be surpassed, secondary resistance will be offered around $9,545 – the 38.2% Fib retracement from December 2017 highs to December 2018 lows. In the year-to-date, Bitcoin is 128% higher. A run to the 38.2% level would mark a climb of 150%. Bitcoin Price Chart: 4 – Hour Time Frame (May 2019) (Chart 1)For support, BTC will look to the swing-high from July 2018 – around $8,496. The level should provide a modicum of support, marking the first level to watch before the upper-bound of the recent wedge comes into play between $8,200 and $8,000. Bitcoin Price Chart: Daily Time Frame (February 2018 – May 2019) (Chart 2)
XRP Price OutlookConversely, XRP is just 21% higher in the year-to-date after enjoying a surge of more than 40% in the last two weeks. Continuing recent strength, XRP has climbed for six consecutive trading sessions which ties the coin's longest streak ever. That said, another daily close higher on Wednesday would post a new record for the third-largest cryptocurrency by market cap. XRP Price Chart: Daily Time Frame (May 2017 – May 2019) (Chart 3)
Price data from Bitfinex and TradingView Standing in its way is the 61.8% Fib level, around $0.4560, marked by August 2018 lows to September 2018 highs. The technical level has rebuked the last five attempted moves higher – with XRP unable to sustain a daily close above each time. Another failed run drive XRP back down to the 78.6% level at $0.3643 which has provided notable buoyancy for the coin over the last two weeks. XRP Price Chart: Daily Time Frame (October 2018 – May 2019) (Chart 4)
Should recent trends persist, the cryptocurrency market may continue to enjoy a tailwind from weakening emerging market currencies. The correlation between the two has strengthened in recent weeks as crypto becomes an attractive alternative for citizens in countries where the currency has shed value. As price action unfolds, follow @PeterHanksFX on Twitter for updates and technical levels on BTC and XRP. –Written by Peter Hanks, Junior Analyst for DailyFX.com Contact and follow Peter on Twitter @PeterHanksFX Read more: Dow Jones, S&P 500, Nasdaq 100 Price Outlooks for the Week Ahead DailyFX forecasts on a variety of currencies such as the US Dollar or the Euro are available from the DailyFX Trading Guides page. If you're looking to improve your trading approach, check out Traits of Successful Traders. And if you're looking for an introductory primer to the Forex market, check out our New to FX Guide. http://platform.twitter.com/widgets.js Can you get luxurious from fx trading? The reply is if you go from canadian forex, and gradual forex, use algorithms in fxtrading, what is circulate in forex 1 greenback canadian, netdania forex, submit overloaded plus of the forex system indicators, and account the counselling fx strategy. We present win win all.
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| 5 High-Yield Preferred ETFs That Are Soaring Posted: 28 May 2019 12:39 PM PDT Hits: 8 Amid a more sanguine outlook for U.S. interest rates and investors' recent preference for defensive asset classes, some high-yield assets are soaring and receiving renewed attention from investors. That includes preferred stocks and preferred ETFs. The iShares Preferred and Income Securities ETF (NASDAQ:PFF), the largest preferred ETF by assets, is higher by nearly 9% year-to-date and boasts a 30-day SEC yield of 5.28%, well above what investors will find on the S&P 500 or aggregate bond funds. Preferred stocks have bond and equity traits. Like common stocks, preferred prices fluctuate throughout the day. However, preferreds generate most of their returns from dividends and preferred shareholders are higher on the totem pole than common equity shareholders in the event the issuing company defaults or goes bankrupt. Likewise, preferred stocks are assigned par values, as is the case with bonds, have maturity dates and can be vulnerable to rising interest rates, traits often associated with bonds. Here are some of this year's best-performing preferred ETFs for income-hungry investors to consider. VanEck Vectors Preferred Securities ex Financials ETF (PFXF) Source: Shutterstock Expense ratio: 0.41% per year, or $41 on a $10,000 investment. Soon to be seven years old, the VanEck Vectors Preferred Securities ex Financials ETF (NYSEARCA:PFXF) was the first preferred ETF to set itself apart from legacy funds in this category. PFXF does that by excluding preferred stocks issued by financial services companies, which is no small tax considering the spate of preferreds issued by that sector following the global financial crisis. This preferred ETF tracks the Wells Fargo Hybrid and Preferred Securities ex Financials Index and holds 113 preferred stocks. With financials excluded from this preferred ETF, PFXF allocates nearly 71% of its combined weight to preferred stocks issued by by electric utilities, real estate and telecommunications companies. Excluding financial preferred stocks does not diminish PFXF's yield as highlighted by the preferred ETF's 30-day SEC yield of 5.77%. Additionally, PFXF's methodology has led to superior performance. Over the past three years, this preferred ETF has beaten the aforementioned PFF by 430 basis points. Virtus InfraCap U.S. Preferred Stock ETF (PFFA)  Expense ratio: 0.80% The Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) is up 15% year-to-date, making it one of the stars among preferred ETFs this year. That is a testament to active management being a valid style with preferred stocks. PFFA's management team "evaluate potential investments on a variety of key variables, including the competitive position of a company; the perceived ability of the company to earn a high return on capital; the historical and projected stability and reliability of the profits of the company; the anticipated ability of the company to generate cash in excess of its growth needs; and the access of the company to additional capital," according to the issuer. PFFA recently celebrated its first anniversary and over the preferred ETF's first year on the market, its performance has been admirable. This actively managed preferred ETF is higher by 1.60% over the past 12 months while the largest preferred is in the red over that span. Global X U.S. Preferred ETF (PFFD) Source: Shutterstock Expense ratio: 0.23% The Global X U.S. Preferred ETF (CBOE:PFFD) is a basic, but cost-effective approach to preferred stocks. This preferred ETF charges just 0.23% per year, or $23 on a $10,000 stake, making it one of the least expensive funds in this category. The average preferred ETF charges 0.43% per year. Home to nearly $260 million in assets under management, PFFD is almost two years old and follows the ICE BofAML Diversified Core U.S. Preferred Securities Index. PFFD holds 237 preferred stocks and is similar to other funds in this category in that it is heavily allocated to preferreds issued by financial services companies. Those issues represent over 70% of PFFD's weight. This preferred ETF's year-to-date performance has been steady though not staggering, but it does yield 5.70% and is a solid bet for cost-conscious, income-seeking investors. InfraCap REIT Preferred ETF (PFFR)  Source: Shutterstock Expense ratio: 0.45% The InfraCap REIT Preferred ETF (NYSEARCA:PFFR) is unique among preferred ETFs in that this fund focuses on preferred stocks issued by real estate investment trusts (REITs), a sector that is a major issuer of preferred stock. Broadly speaking, REITs are delivering for investors this year, a theme that is trickling down to PFFR, which is up almost 12%. Exclusive of each other, preferreds and REITs are high-yield assets. Combined, the yield scenario becomes alluring as highlighted by PFFR's yield of 5.89%. There are other benefits to considering preferred stocks issued by REITs. "These securities are also typically exposed to less leverage with generally more predictable revenue streams than those issued by banks and insurance companies," according to PFFR's issuer. This preferred ETF is heavily allocated to mortgage REITs and various types of property REITs, including hotels, residential and storage facilities. Innovator S&P Investment Grade Preferred ETF (EPRF) Source: Shutterstock Expense ratio: 0.47% Like some of the other preferred ETFs highlighted here, the Innovator S&P Investment Grade Preferred ETF (CBOE:EPRF) has a dedicated niche. In the case of EPRF, this preferred ETF focuses on preffereds issued by investment-grade companies. The fund's underlying index, the S&P U.S. High Quality Preferred Stock Index, "selects floating, variable and fixed-rate investment grade preferred issues (BBB- or higher) from U.S. listed preferred stocks on a quarterly basis," according to the issuer. EPRF holds 110 preferred stocks and like other preferred ETFs, the fund has a hefty 71.25% weight to preferreds issued by financial services companies. Preferreds issued by utilities and real estate companies combine for over 26% of EPRF's roster. Over 92% of EPRF's holdings are rated BBB on the S&P ratings scale and the fund has a yield of 5.15%. Todd Shriber does not own any of the aforementioned securities. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.
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| US Dollar Price Action Setups in USD/JPY, AUD/USD and NZD/USD Posted: 28 May 2019 12:38 PM PDT Hits: 12 US Dollar Price Action Talking Points:
US Dollar Claws Back Reversal Losses After Last Week's Failed BreakoutLast week was climactic in the Greenback, as the US currency pushed up for a fresh two-year-high that was quickly followed by a vigorous reversal. We had looked at that reversal theme in last Thursday's webinar, and prices in USD pushed all the way down to the 50% marker of the prior bullish move before finding a bit of support around the 97.54 level. With a relatively quiet calendar out of the US for this week, this leaves technical themes to do their work, and this keeps the prospect of pullback scenarios in the cards after last week's failure at fresh highs. US Dollar Four-Hour Price ChartChart prepared by James Stanley USDJPY Postures Below Key Zone on the ChartThe 110.00 level has been of interest lately in USDJPY as last week saw prices push below this key area on the chart. This keeps USD/JPY in a bearish spot, although there may be need for a short-term pullback before the bearish side of the pair can become attractive again. The 110.00 level hasn't yet been tested for lower-high resistance since last week's break-below, and this can be extended down to the Fibonacci level at 109.67 to create a zone with which that lower-high resistance could be sought out. This setup syncs with 'risk aversion' themes, and if sellers do take another swing at equities later this week, the short-side of USDJPY can remain as attractive. USDJPY Eight-Hour Price Chart
Chart prepared by James Stanley AUDUSD Reversal ProspectsI had charted this setup around last week's open, largely looking for AUDUSD to grasp on to support after gapping-higher to start the week. A dovish RBA rate decision shortly after helped to push prices back down to support, quickly filling that gap; but buyers held the line and prices respected the prior low. Now price action in the pair is putting in shorter-term higher-highs and higher-lows, keeping the door open for bullish short-term trend scenarios and longer-term reversal backdrops. AUDUSD Two-Hour Price Chart
Chart prepared by James Stanley NZDUSD Reversal ProspectsSimilar as the above in AUD/USD with the exception of longer-term support backdrops. NZDUSD has rallied back-above the psychological .6500 level, and so far this week higher-low support has held around an area of prior resistance. This can similarly keep the door open for short-term bullish trends and longer-term reversal swings. NZDUSD Four-Hour Price Chart
Chart prepared by James Stanley USDCAD Rallies to Range Resistance Ahead of BoC Rate DecisionTomorrow brings a Bank of Canada rate decision. Last month's event saw USDCAD flicker up to a fresh high of 1.3520 in the aftermath, driven largely by a less-hawkish BoC than what was expected. And while the Bank of Canada doesn't soon look to be raising rates, are they at the precipice of cutting? That's the big question for tomorrow and in USDCAD, the pair remains range-bound. I had looked into the matter earlier this morning in the article entitled, Canadian Dollar Price Outlook: USD/CAD Rally to Resistance Before BoC. USDCAD Four-Hour Price Chart
Chart prepared by James Stanley EURUSD Survives Parliamentary Elections: Delayed Response or Bear Trap?I had looked into this one earlier today, as well, in the article entitled, Euro Price Outlook: Fundamental Fireworks, Technical Impasse. This weekend saw a series of elections take place through Europe in this recent round of Parliamentary elections, and in places like Italy and France, 'non-market friendly outcomes' showed up but, to date, markets haven't really shown much fear on that theme. As discussed earlier this morning, while this doesn't necessarily rule out a delayed response type of scenario, it also keeps alive the potential for a bear trap in markets like the Euro. EURUSD put in a false breakout last week. Prices quickly pushed back up to resistance at prior support and at the time of the webinar, it looked like bears were going to take another swing. But, as discussed, risk-reward dynamics on short-term plays were lackluster, leaving the trader to wait for a cleaner setup on the short-side of the move. EURUSD Four-Hour Price Chart
Chart prepared by James Stanley Oil Price Bounces from Key Level, but Are Bears Finished?Crude Oil prices have been on the move of recent: Last week, I had looked at the Fibonacci level around 57.47 in WTI Crude Oil. That support zone has since helped to hold the lows, and prices are pushing back towards the 60-handle. This doesn't necessarily rule out the short-side, however, and this opens the door for a big zone of resistance potential that runs from 59.64-60.35; and a hold there keeps the door open for bearish strategies in WTI Crude Oil. WTI Crude Oil Price Four-Hour Chart
Chart prepared by James Stanley To read more:Are you looking for longer-term analysis on the U.S. Dollar? Our DailyFX Forecasts have a section for each major currency, and we also offer a plethora of resources on Gold or USD-pairs such as EUR/USD, GBP/USD, USD/JPY, AUD/USD. Traders can also stay up with near-term positioning via our IG Client Sentiment Indicator. Forex Trading Resources DailyFX offers an abundance of tools, indicators and resources to help traders. For those looking for trading ideas, our IG Client Sentiment shows the positioning of retail traders with actual live trades and positions. Our trading guides bring our DailyFX Quarterly Forecasts and our Top Trading Opportunities; and our real-time news feed has intra-day interactions from the DailyFX team. And if you're looking for real-time analysis, our DailyFX Webinars offer numerous sessions each week in which you can see how and why we're looking at what we're looking at. If you're looking for educational information, our New to FX guide is there to help new(er) traders while our Traits of Successful Traders research is built to help sharpen the skill set by focusing on risk and trade management. — Written by James Stanley, Strategist for DailyFX.com Contact and follow James on Twitter: @JStanleyFX http://platform.twitter.com/widgets.js Can you get luxurious from fx trading? The reply is if you go from canadian forex, and gradual forex, use algorithms in fxtrading, what is circulate in forex 1 greenback canadian, netdania forex, submit overloaded plus of the forex system indicators, and account the counselling fx strategy. We present win win all.
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| Tuesday Apple Rumors: Apple Launches 2019 iPod Touch Posted: 28 May 2019 12:01 PM PDT Hits: 8 Leading the Apple (NASDAQ:AAPL) rumor mill today is a new product launch. Today, we'll look at that and other Apple Rumors for Tuesday.  iPod Touch: A new product release from Apple today comes as a bit of a surprise. The tech company is now selling a 2019 version of the iPod Touch. This new devices features an A10 chip and starts at just $199. Customers will also be able to choose more expensive versions of the device if they want more storage. This includes a 256GB model in case they want to be able to bring more music, videos and other content with them on the go. iOS 13: A new leak shows off a device running iOS 13, reports MacRumors. The leak gives users their first look at the "Dark Mode" that will likely be coming with the release of iOS 13. It also gives users a peak at a redesigned Find My app and other new features. AAPL is likely going to officially announce the new version of iOS during WWDC 2019, which takes place next week. Betas: Anyone taking part in the developer beta program with AAPL has a lot of new downloads today, AppleInsider notes. The tech company now has new beta versions of iOS 12.4, tvOS 12.4 and watchOS 5.3 available for download. There will also likely be public beta updates for some of these operating systems in the next couple of days. As of this writing, William White did not hold a position in any of the aforementioned securities. Article printed from InvestorPlace Media, https://investorplace.com/2019/05/apple-launches-2019-ipod-touch/. ©2019 InvestorPlace Media, LLC Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.
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