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Week Ahead: Trade Wars And Central Banks To Dominate Markets

Week Ahead: Trade Wars And Central Banks To Dominate Markets

This will be an interesting week both from a political and economic data standpoint. The financial community will pay close attention to Donald Trump and the policy he will sign on steel and aluminum. As you recall, last week, following a hastily called meeting by top aluminum and steel manufacturers, Trump announced that his administration […]
ISM Non Manufacturing Remains Right Near Multi-Year Highs

ISM Non Manufacturing Remains Right Near Multi-Year Highs

After climbing to a twelve-year high in January, the ISM Non-Manufacturing report dipped a bit in February but still managed to beat expectations. While economists were forecasting the headline index to fall from 59.9 down to 59.0, the actual decline was less than half of that to 59.5. Outside of last month’s report and the […]
ISM Services Dips But PMI Confirms Soaring Cost Inflation

ISM Services Dips But PMI Confirms Soaring Cost Inflation

On the heels of US Manufacturing’s stagflationary signals (albeit mixed ISM/PMI headline prints), the US Services sector was also mixed (ISM dipped as PMI spiked) but the latter confirmed signs of significant price inflation (largest monthly rise in aggregate prices since September 2014). As a reminder, Manufacturing was extremely exuberant according to ISM and disappointing according […]
Will MLP Distribution Cuts Pay Off?

Will MLP Distribution Cuts Pay Off?

It’s surprisingly difficult to find out what MLP distributions have been doing. Alerian claims that their index has been growing its payouts at a 6% average annual rate for 10 years, with growth continuing in 2016 (it’s not yet updated for 2017). However, their methodology is odd. They take the trailing growth rate of the current index […]
Friday Saw A Sharp Reversal-Off Of Its Intraday Lows

Friday Saw A Sharp Reversal-Off Of Its Intraday Lows

My Swing Trading Approach I added one new swing-trade position to the portfolio on Friday. I will raise the stop-loss to protect profits, and if the market can add to Friday’s gains, I will look to add more long exposure. Getting short is still on the table.  Indicators VIX – Bears stepped in and crusted volatility […]
Friday’s Bounce Gave Bulls Some Hope, Stocks At A Crossroads, Or A Cliff?

Friday’s Bounce Gave Bulls Some Hope, Stocks At A Crossroads, Or A Cliff?

The main U.S. stock market indexes were mixed between -0.3% and +1.1% vs. their Thursday’s closing prices on Friday, following lower opening of the trading session and an intraday bounce off support levels. The S&P 500 index closed 0.5% higher, and it is currently trading 6.3% below January 26 record high of 2,872.87. The Dow Jones […]
Markit Services PMI: Growth Accelerates In February

Markit Services PMI: Growth Accelerates In February

The February US Services Purchasing Managers’ Index conducted by Markit came in at 55.9 percent, up 2.6 from the final January estimate of 53.3. The Investing.com consensus was for 55.9 percent. Markit’s Services PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is the opening from the […]
Will Alteryx Tap Into The Hyperactive Startup Pool?

Will Alteryx Tap Into The Hyperactive Startup Pool?

According to IDC, the worldwide market for Big Data and analytics software reached approximately $49.1 billion in 2016 and is expected to grow at a five-year CAGR of 10.6%. Within the broader business analytics software market, Billion Dollar Unicorn Alteryx (NYSE: AYX) addresses the business intelligence and analytic tools, analytic data integration and spatial information analysis markets that accounted […]
Fed Spooking Markets

Fed Spooking Markets

Video Length: 00:28:40 Professional trader Gregory Mannarino says the new Fed Head, Jerome Powell, caused the market to sell-off last week, not Trump tariff talk. Powell blurted out in Congressional testimony that the “U.S. is not on a sustainable fiscal path.”Mannarino explains the truth bomb Chairman Powell dropped, “I think this guy was nervous.I think […]
Options Basics: Risk And Diversification

Options Basics: Risk And Diversification

The winners in options trading are those who manage the risk within their portfolio.  You must always monitor and protect your capital as if you lose your capital you will be out of the game.  Proper risk management starts with trading diversification and discipline to stick with your trading plan. There are generally two types […]