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An eMarketer report on the global mobile phone messaging market expects the global user base for over-the-top messaging services to grow from 1.4 billion in 2015 to 2.19 billion by the year 2019.
Thankfully central bankers have outlawed bear markets. Or at least that’s the premise on which investors are acting.
There is a world of difference between “sluggish” demand and recognizing more than two years of steady contraction.
The correlation (of oil and banking) with the S&P chart pattern may not be causation; however there's little doubt the market is being knocked on its tail by its failure in the midst of an oil rally that obscured selling on light volume rebounds
When looking at the Top 10 we can see that for the coming month the following stronger currencies are well represented for going long: JPY(4X) followed by the NZD(3X).
Stock of the week: Buffalo Wild Wings.