Archives by Month:

Archives by Year:

Put On Ice

Put On Ice

Remember that ridiculous story about the publicly-traded Long Island Iced Tea company that decided to “pivot” and focus on blockchain technology? Well, the pivot worked amazingly well – for a little while. Let’s just say the stock has just about come full circle at this point.
Inflation Data, Treasury Auctions, And The Fed Going Forward

Inflation Data, Treasury Auctions, And The Fed Going Forward

Chris Temple joins me today to look ahead to economic data and news over the next couple weeks. We have inflation data coming out this week, a US Treasury 3 year auction earlier today, and the Fed meeting next week where they will be raising rates. A lot for the market to digest. (Audio length […]
The Real Reason Tariffs Threaten Our Economy

The Real Reason Tariffs Threaten Our Economy

Video Length: 00:05:47 The markets plunged on President Donald Trump’s announcement on tariffs. It’s not that the initial announcement by itself was going to derail our economy. But investors have focused on the threat of a looming trade war. There’s another elephant in the room, though, that many seem to avoid discussing when highlighting the risks […]
Get Going With This Week’s Bullish Watch-List

Get Going With This Week’s Bullish Watch-List

Today is a mixed day in the market, with no clear edge in either direction.  The overall direction of the market remains up, but fighting a day like what today has been, so far, doesn’t make sense. There is little momentum in the market as it digests Friday’s gains.  I am going to stay put […]
Manufacturing Jobs On The Comeback

Manufacturing Jobs On The Comeback

Last Friday’s nonfarm payrolls report from the BLS showed an increase of 31,000 manufacturing jobs during the month of February. Notably, February marked the fourth consecutive month of adding at least 25,000 manufacturing jobs. As shown in the chart below, amazingly, we haven’t had a streak of adding 25,000+ manufacturing jobs for four straight months […]
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

US wages are slow and inflation may be coming or not. What’s next for currencies? Here are the technical levels to watch: EUR/USD: Neutral (since 05 Mar 18, 1.2335): Pressure shifted back to the downside but expect strong support at 1.2220. EUR hit a ‘fresh’ low of 1.2271 last Friday but rebounded to close almost unchanged […]
Apple Crushes Netflix Rumors: “Would Rather Build A Studio Than Buy Netflix”

Apple Crushes Netflix Rumors: “Would Rather Build A Studio Than Buy Netflix”

Having already been hit by Andrew Left and the Citron gang, Netflix shares took another dip after Apple confirmed that it “would rather build a studio than buy Netflix.  As Forbes reported in January , Citi analysts sent a note to clients saying there is a 40% chance that Apple will buy Netflix, which garnered endless headlines […]
Amazon Mortgage Lending: Good Idea? Why? What’s Next?

Amazon Mortgage Lending: Good Idea? Why? What’s Next?

  Amazon formed a mortgage lending division. The company seemingly wants to be a one-stop shop for everything. REwired reports Amazon Hiring Head of Newly-Formed Mortgage Lending Division. Earlier this week, we reported to the LendingLife community that online shopping giant Amazon may be looking to get into the mortgage lending business, or at least that’s […]
E
                                                
                        The Market Is In Full Recovery Mode

E The Market Is In Full Recovery Mode

The updated graph below confirms the market is in full recovery mode from the recent correction. All S&P sectors are up over the past month being led by technology stocks as usual. Plus, March is usually one of the more profitable months for stocks. Paul Hickey, the co-founder of Bespoke Investment Group, told CNBC that, […]
Pico Slips After Ending Strategic Review With No Deals

Pico Slips After Ending Strategic Review With No Deals

Shares of Pico Holdings (PICO) slipped after the company provided an update on its strategic review announced in October 2017, saying its board directed financial advisor JMP Securities to conclude the review process and determined that the company should continue to execute its current business plan. WHAT’S NEW: Pico announced on October 2, 2017, that […]