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Euro Spikes To January 2015 High As Draghi Speaks At Jackson Hole

Euro Spikes To January 2015 High As Draghi Speaks At Jackson Hole

Right, so when you think about Draghi’s remarks at Jackson Hole, don’t forget how the context has morphed over the past couple of weeks. After WSJ tipped Draghi’s speech back in July, the assumption was he’d take the opportunity to telegraph something about the wind down of QE and that was of course all kinds of bullish […]
Market Talk – Friday, August 25

Market Talk – Friday, August 25

Main talking point out of Asia this morning were the continued strong earnings reports and the subsequent buying conviction. In Hong Kong the Hang Seng gained over 1.2% whilst the domestic Shanghai index rallied near 2% after earnings beat expectations to finish the week well bid. We saw solid gains in Financials, energy, communications and […]
A Peak Above All Others

A Peak Above All Others

“Valuations are still well below the peak of 1999” say the bulls. They are certainly correct from an absolute basis but we caution that the current level of market euphoria is in a league of its own when compared to prior peaks on an “apples to apples” basis. The following table compares earnings growth and […]
10 Truths About Trading That No One Tells You

10 Truths About Trading That No One Tells You

1. You can get paid rebates every time you make a trade. Do 10 trades/day and you can make 5-10% per year without making a single pip of profit. 2. If you use anything greater than 10X leverage on your opening trade your chance of losing all your money is 100% (that’s my opinion, not […]
A Silver Lining? Harvey Models Shift Slightly West

A Silver Lining? Harvey Models Shift Slightly West

As we head into the weekend and energy traders place their final bets, the latest weather models are showing a couple trends that indicate some energy infrastructure may be spared the worst of Harvey. Though the imminent landfall and impacts over the next couple of days remain high confidence, we see confidence fall off rapidly […]
Is Geopolitical News Weighing More On Markets?

Is Geopolitical News Weighing More On Markets?

In today’s edition of Market Week in Review, Consulting Director Todd LaFountaine interviewed Mark Eibel, director, client investment strategies, about the impact of recent U.S. geopolitical news on financial markets. Equity markets taking stock of U.S. geopolitical headlines Markets are starting to react a little differently to news from Washington, D.C., Eibel said, although not […]
Unmasking The VooDoo: Sentiment

Unmasking The VooDoo: Sentiment

Usually, when I discuss the major parts of technical analysis I’ll use an analogy of a table. Price is the top of the table and the most important part. The legs are volume, time and sentiment. They support price analysis but do not supplant it. Everyone gets price from patterns to trends to momentum. Everyone […]
Hot Options Report For End Of Day – Friday, August 25

Hot Options Report For End Of Day – Friday, August 25

 
Jackson Hole’d – Dollar Dumps To 2-Year Lows After 2 Million Ounce Gold Flush

Jackson Hole’d – Dollar Dumps To 2-Year Lows After 2 Million Ounce Gold Flush

The dollar today… Video length: 00:01:12 Summarizing the week’s moves: Dollar dump sparks buying binge in bonds, bullion, and stocks (but sinks FANG Stocks) Early gains – once again thanks to Gary Cohn confirming he is not resigning – topped out as Yellen’s speech was released. Once Europe closed, stocks went bid as usual, with some noise around […]
Here’s Why International ETFs Continue To Outperform

Here’s Why International ETFs Continue To Outperform

International stocks have been the real winners this year courtesy of cheap valuations and improving economic growth in many parts of the world. After outperforming in the first half, these stocks continued to outstrip the U.S. equity world since the start of the second half. This is especially true as Vanguard FTSE All-World ex-US ETF […]