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Weekly Unemployment Claims: Down 2K

Weekly Unemployment Claims: Down 2K

Here is the opening statement from the Department of Labor: In the week ending November 25, the advance figure for seasonally adjusted initial claims was 238,000, a decrease of 2,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 239,000 to 240,000. The 4-week moving average was 242,250, […]
Buy Or Sell? A Question Of Risk Management

Buy Or Sell? A Question Of Risk Management

Whether you ride this bull market or stay on the sidelines is not a matter of brilliance, but of risk management. To illustrate, we look at lessons to be learned from the “greatest predictor” of market returns (hint: it isn’t). Nobody knows whether the market is going to plunge next year, but anyone who fears […]
S&P 500 Fluctuates As Technology Stocks Sell-Off

S&P 500 Fluctuates As Technology Stocks Sell-Off

Briefly: Intraday trade: Our Wednesday’s intraday trading outlook was neutral. It proved accurate because the S&P 500 index lost 0.03%, following slightly higher opening of the trading session. The market broke above its short-term consolidation on Tuesday. We still can see negative technical divergences along with medium-term overbought conditions. However, there have been no confirmed […]
EUR/USD And GBP/USD Forecast – Thursday, Nov. 30

EUR/USD And GBP/USD Forecast – Thursday, Nov. 30

EUR/USD The EUR/USD pair had a volatile session during the trading session on Wednesday but then turned right back around. Ultimately, we ended up forming a shooting star on the daily candle, and I think this shows that we are going to continue to be choppy in general, but I still believe that there is […]
A Beginners Foray Into (Part-Time) Systematic Trading

A Beginners Foray Into (Part-Time) Systematic Trading

Audio Length: 01:04:36 Kory Hoang is not a veteran trader—he’s not someone who has been doing this 10-20 years. He’s someone who has been doing this for only a few years, yet he’s begun to make decent gains on his trading capital. Kory is also not a full-time trader …well, at the time of recording […]
Morning Call For Thursday, Nov. 30

Morning Call For Thursday, Nov. 30

OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ17 +0.26%) this morning are up +0.32% on strength in energy stocks with Jan WTI crude oil (CLF18 +0.98%) up +0.92% after all OPEC members and Russia agreed that crude production cuts should be extended until the end of 2018. European stocks are up +0.53% and found support […]
OPEC: Now What?

OPEC: Now What?

Despite some made up drama that some people like to make up for these OPEC meetings, the reality is that OPEC and Non-Opec will extend production cuts until the end of the year. OPEC is on track to achieve the goal of totally erasing the global overhang of oil despite doubts from many and may […]
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                        The Mean Reverting History Of Profit Growth

EC The Mean Reverting History Of Profit Growth

As the markets push once again into record territory the question of valuations becomes ever more important. While valuations are a poor timing tool in the short term for investors, in the long run, valuation levels have everything to do with future returns. Yesterday, Doug Kass penned an interesting note on the current market advance: […]
OPEC Agrees To Extend Oil Supply Cuts Until End Of 2018: Bloomberg

OPEC Agrees To Extend Oil Supply Cuts Until End Of 2018: Bloomberg

With OPEC delegates sequestered in a Vienna conference room, as they negotiate the proposed 6-9 month production cut extension, at least one appears to be leaking the decision process to media outlets, because moments ago Bloomberg reported that OPEC ministers have agreed to extend their production cuts until the end of 2018 – agreeing with […]
AUD/USD Stabilizing Amid Positive Australian, Chinese Data

AUD/USD Stabilizing Amid Positive Australian, Chinese Data

The Australian dollar was being carried down by the strength of the US dollar. The greenback enjoyed an upgrade to GDP, hopes for an approval on a tax cut, and also a relatively positive speech from Janet Yellen. Fortunately for the Aussie, it had some better-than-expected data of its own. Here are the key figures to watch […]