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Investing In The Next Generation, Literally

Investing In The Next Generation, Literally

For years, I’ve been both vexed and amazed by my kids. My exasperation and admiration often arise from the same source—technology. Simply put, they command it and I’m bedeviled by it. They are consummate millennials and move easily through the electronic environment, picking up gizmos and practices that save them time and trouble while they […]
US Stocks Give Up Overnight Gains As Trade War Anxiety Reappears

US Stocks Give Up Overnight Gains As Trade War Anxiety Reappears

The Dow and S&P have erased overnight gains (and Nasdaq is sliding fast) as traders sell the cash open following headlines from Wilbur Ross and China’s Global Times that suggest the trade war is far from over…   Treasury yields are tumbling…   And the dollar index is rapidly fading after spiking since Asia’s close.
DAX Elliott Wave Analysis: Further Weakness Ahead?

DAX Elliott Wave Analysis: Further Weakness Ahead?

Short term Elliott Wave view in DAX suggests Primary wave ((B)) ended at 12434.7 on 3.16.2018. The decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 12434.7, Minor wave 1 ended at 12160, Minor wave 2 ended at 12375.5, Minor wave 3 ended at 11827, Minor wave 4 ended at 11987.50, and […]
EUR/USD, GBP/USD To Support As The USD Stages Late-Quarter Rally

EUR/USD, GBP/USD To Support As The USD Stages Late-Quarter Rally

STOCKS COME BACK, S&P 500 BOUNCE DRIVES GLOBAL RALLY As we open Tuesday of our holiday-shortened week, markets have shown some interesting volatility as we approach the end of Q1. As we mentioned yesterday, with this being a holiday week in observance of Good Friday combined with both month and quarter-end flows, the prospect of ‘peculiar’ […]
Consumer Confidence Declines In March

Consumer Confidence Declines In March

The latest Conference Board Consumer Confidence Index was released this morning based on data collected through March 15. The headline number of 127.7 was a decrease from the final reading of 130.0 for February, a downward revision from 130.8. Today’s number was below the Investing.com consensus of 131.0. Here is an excerpt from the Conference Board press release. “Consumer confidence […]
Bull Of The Day: MSCI

Bull Of The Day: MSCI

Founded in 1998 and headquartered in New York, MSCI (MSCI – Free Report) provides decision support tools, including indexes, portfolio risk and performance analytics, and corporate governance products and services to institutional investors. Their applications and solutions help investors in core investment activities, including allocating assets, constructing and optimizing portfolios and understanding and managing investment risk and […]
Dovish Or Hawkish?

Dovish Or Hawkish?

Chairman Powell held his first press conference following the FOMC meeting. It was more concise but just as informative as those of his predecessor. As expected, the FOMC raised the target range for the federal funds rate by 25 basis points, and Chairman Powell delivered a message consistent with his recent testimony, reflecting a continuity […]
Study: What Happens Next When The Stock Market Is Very Volatile

Study: What Happens Next When The Stock Market Is Very Volatile

The stock market’s volatility is very high right now. And by “volatility”, we’re not referring to VIX. We’re referring to the S&P 500’s daily % movements. The stock market’s high volatility right now is not rare. There were a lot of historical periods with high volatility. What’s rare is that the stock market’s high volatility […]
Why Treasury Professionals Are Building Cash Reserves

Why Treasury Professionals Are Building Cash Reserves

The Association of Finance Professionals recently disclosed, via its Corporate Cash Indicators, that U.S. corporations accumulated more cash in the third quarter of 2017 than had been anticipated. This is consistent with other indications: corporations are concerned about the risks of the present environment and are working to ensure they have dry powder on hand. […]
Tesla Bond Shorts Hit Record High, Stock Slumps Below $300

Tesla Bond Shorts Hit Record High, Stock Slumps Below $300

While Tesla shares have slipped but remain above Nov ’17 lows, Tesla’s bond yields have surged to a new record high (the same a Colombia) and bond short-sellers are adding as the price plunges.   99% of lendable supply for shorting Tesla’s high-yield bond has been used, sending the cost for new short positions in the bond to […]