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Will Kohl’s Gain From 8 Days Of Cyber Week Sales?

Will Kohl’s Gain From 8 Days Of Cyber Week Sales?

Retailers need to be ‘hawk-eyed’ this holiday season to make the most of it. They need to grab every opportunity as and when they come, and try all means to drive in cautious, budget-constrained consumers to the shop as the season may be a tough one. Retailers are gradually gearing up for the upcoming holiday […]
The Fed’s Black Swan

The Fed’s Black Swan

This CNBC article starts off with the usual pablum about interest rates and how the Fed may decide to hold off beyond next spring given the lack of inflation expectations and effects in the economy.  It’s brain melting mainstream media Pap 101. Fed now expected to stay lower for a lot longer Really?  Ya think?  As if […]
“An Unstoppable Zombie Holiday” – Humanity Shudders As America Exports Black Friday To The World

“An Unstoppable Zombie Holiday” – Humanity Shudders As America Exports Black Friday To The World

Greater Manchester Police said two arrests were made and injuries reported as police closed some stores to prevent more severe problems. One woman was injured by a falling television set. The force tweeted “Keep calm, people!” at one point. There were problems in many parts of Britain, including Wales and Scotland. – From the Associated Press: Black […]
Gold Daily And Silver Weekly Charts – Mugged

Gold Daily And Silver Weekly Charts – Mugged

“He is the Napoleon of crime, Watson. He is the organizer of half that is evil and nearly all that is undetected in this great city. Arthur Conan Doyle, The Final Problem Gold and silver got mugged in very quiet trading for the end of the month, with most traders off on holiday. If anyone was […]
As Japanese Bankruptcies Soar, Goldman Warns “Further Yen Depreciation Could Be A Net Burden”

As Japanese Bankruptcies Soar, Goldman Warns “Further Yen Depreciation Could Be A Net Burden”

It is no secret that one of the primary drivers of relentless S&P 500 levitation over the past two years, ever since the start of Japan’s mammoth QE, has been the use of the Yen as the carry currency of choice (once again as during the credit bubble of the early-2000s), whose shorting has directly […]
OPEC Says No To Production Cut: Crude Dips Below $70

OPEC Says No To Production Cut: Crude Dips Below $70

Marking the first occurrence since 2010, the price of West Texas Intermediate (WTI) crude dropped below $70 per barrel after the international cartel of oil producers – Organization of the Petroleum Exporting Countries (OPEC) – decided against an oil production cut. In the meeting at the Austrian capital of Vienna on Thanksgiving Day, OPEC members […]
Dividend Aristocrats In Focus Part 48: Ecolab

Dividend Aristocrats In Focus Part 48: Ecolab

When I last analyzed Ecolab (ECL), the company had just come off strong 3rd quarter results with EPS up 16%. Ecolab is a global leader in energy, water, and hygiene services. The company has a market cap of $34 billion and is the largest publicly traded company in the Cleaning Products industry. The company has increased its dividend payments […]
Yield Curve For November 28, 2014

Yield Curve For November 28, 2014

It’s in a risk ‘OFF’ alignment with all durations dropping but the curve rising. 10, 5 & 2 year yields from Bloomberg Meanwhile, here’s the chart of the 30 vs. the 5 year spread.  Obviously risk is in a downtrend bigger picture, but it is a little bouncy today… Click on picture to enlarge While other […]
Why The Entire World Is Worried About Europe’s Low Inflation Rate

Why The Entire World Is Worried About Europe’s Low Inflation Rate

Source The ECB is freaking out and ran out of ideas to stimulate the economic activity in the Eurozone as the inflation rate is reaching alarmingly low levels. ECB President Draghi’s main fear is that because the inflation is expected to be low, it will remain low. It doesn’t happen very often that a president […]
SP 500 And NDX Futures Daily Charts – The Proud Never Give Thanks

SP 500 And NDX Futures Daily Charts – The Proud Never Give Thanks

US equities were a bit off today, and volatility was ticking higher, as markets were open for a half day of light holiday trading.   Thus ended the amazing streak of new highs, at least for today. There was no significant economic news released. Have a pleasant weekend.