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Bond Bulls Best Day Since Brexit Amid Bomb Tests, Brainard Bombshells, & Barometric Behemoths

Bond Bulls Best Day Since Brexit Amid Bomb Tests, Brainard Bombshells, & Barometric Behemoths

Well that escalated quickly… Video length: 00:00:32 Since North Korea ‘escalated’ by flying missiles over Japan, there’s only one clear winner – but today saw bonds starting to catch up… From Friday’s close, futures show Sunday’s opening drop and then the pressure come back on as US opened after Labor Day… All the major indices […]
4 High-Dividend Tobacco Picks To Add Value To Your Portfolio

4 High-Dividend Tobacco Picks To Add Value To Your Portfolio

Tobacco is known to cause cancer and heart diseases. Per media sources, it causes more than 480,000 deaths annually in the United States. Governments around the world have been imposing stringent restrictions on tobacco companies to lower cigarette consumption. In July 2017, the U.S. Food and Drug Administration (FDA) proposed to lower nicotine levels in […]
Before The Move: Watch Vanda Ahead Of Pruritus Data

Before The Move: Watch Vanda Ahead Of Pruritus Data

This month, Vanda Pharmaceuticals (VNDA) will report Phase II data in atopic dermatitis with chronic pruritus. Jefferies analyst Matthew Andrews believes chronic pruritus conservatively represents a $530M market for the company’s Tradipitant, which could add $10-$15 per share. DATA IN ATOPIC DERMATITIS: In September, Vanda Pharmaceuticals is expected to report Phase II data in atopic […]
Bullish Trades Setups To Follow This Week

Bullish Trades Setups To Follow This Week

Here are the trade setups to follow this week:
Light Vehicle Sales Per Capita: Our Latest Look At The Long-Term Trend – Tuesday, September 5

Light Vehicle Sales Per Capita: Our Latest Look At The Long-Term Trend – Tuesday, September 5

Note: The charts below have been updated to include Friday’s preliminary report on U.S. Light Vehicle sales from Motor Intelligence. For the past few years, we’ve been following a couple of transportation metrics: Vehicle Miles Traveled and Gasoline Volume Sales. For both series, we focus on the population adjusted data. Let’s now do something similar with the Light Vehicle […]
Hurricane Harvey Could Cause A Recession

Hurricane Harvey Could Cause A Recession

It will be months before we know the full impact of Hurricane Harvey. It’s one of the deadliest storms in decades. It’s also likely to be one of the costliest in history. For now, dollar estimates of the damage are probably low. But they hint at the pain that lies ahead. JPMorgan expects insured losses […]
Making Sense Of The Market Move Today

Making Sense Of The Market Move Today

Video by Steve Sosnick Steve Sosnick, Chief Options Strategist at Interactive Brokers, discusses some factors behind the sell-off. Video Length: 00:02:33  
To Gauge QE Effects On EM Assets, Watch How Fast Safe Asset Yields Rise

To Gauge QE Effects On EM Assets, Watch How Fast Safe Asset Yields Rise

The Jackson Hole Economic Policy Symposium attracted the world’s most-watched central banks, and as expected, policymakers kept their cards close to their chests, doing their best to avoid dropping clues about what they’re going to do next as far as quantitative easing goes. Emerging markets investors were especially interested in hearing what European Central Bank President Mario […]
September Seasonality Statistics

September Seasonality Statistics

For us southern hemisphere dwellers, September brings spring, but for the S&P 500 September brings sinister seasonal statistics. Over the period 1964-2016 September has been the month with the worst average return (average -0.4% m/m) and the lowest probability of a positive return (returns were positive for the month ‘only’ 45% of the time). With a […]
AUDCAD – Pop To Parity?

AUDCAD – Pop To Parity?

Everyone has their eyes out for the Bank of Canada rate decision tomorrow at 1000 NY time. Aside from the ECB meeting a day later it is the most important event of the week. The market is leaning heavily long loonie anticipating that the BOC will signal that a rate hike is coming in October […]