Archives by Month:

Archives by Year:

RecessionAlert Weekly Leading Index Update – Tuesday, March 27

RecessionAlert Weekly Leading Index Update – Tuesday, March 27

The latest index reading came in at 22.0, up from 21.5 the previous week. RecessionAlert launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes that […]
2018 IPO Prospects: Will BarkBox Find Market Acceptance?

2018 IPO Prospects: Will BarkBox Find Market Acceptance?

According to American Pet Products Association, Americans spent close to $70 billion in 2017. About $30 billion were spent on Food, $17 billion on Vet Care, $15 billion on medicines and supplies, $2 billion on animal purchases, and $6 billion on other services. BarkBox is a niche box-subscription service company that caters to dogs.   […]
Case-Shiller 20 City Home Price Index January 2018 Now At 6.4 % Year-Over-Year Growth

Case-Shiller 20 City Home Price Index January 2018 Now At 6.4 % Year-Over-Year Growth

The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth rose from 6.3 % to 6.4 %. The index authors stated, “Two factors supporting price increases are the low inventory of homes for sale and the low vacancy rate among owner-occupied housing.” Analyst Opinion of Case-Shiller HPI Many pundits believe […]
Great Graphic: EMU Inflation Not Making It Easy For ECB

Great Graphic: EMU Inflation Not Making It Easy For ECB

The Reserve Bank of New Zealand is credited with being the first central bank to adopt a formal inflation target. Following last year’s election, the central bank’s mandate has been modified to include full employment. To be sure this was a political decision, and one that initially saw the New Zealand dollar retreat.   The dual mandate […]
USD/JPY: Remains On Corrective Recovery Higher

USD/JPY: Remains On Corrective Recovery Higher

USD/JPY: The pair extended its recovery on Tuesday opening the door for more strength to occur. On the downside, support lies at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103.50 level. On […]
Cushing Cushion?

Cushing Cushion?

Oil prices dipped, as trade war fears went away on a private report that might indicate that crude oil supplies may see a big increase this week. Genscape, the widely followed energy market data, and intelligence company reported that oil supply in Cushing Oklahoma was up 2.18 million barrels last week. The increase and the […]
BofA/Merrill Cuts Facebook Target To $210 On Increased Regulatory Risk

BofA/Merrill Cuts Facebook Target To $210 On Increased Regulatory Risk

Bank of America Merrill Lynch analyst Justin Post cut his price target for shares of Facebook (FB) to $210 from $230 citing increased regulatory risk. The analyst, however, reiterates a Buy rating on the shares with his target representing substantial upside from current levels. Facebook closed yesterday up 67c to $160.06. The Federal Trade Commission […]
Bitcoin – Could Be Headed Towards The $3,500 Level

Bitcoin – Could Be Headed Towards The $3,500 Level

Above looks at Bitcoin on a monthly and weekly basis. In the left chart, Bitcoin Monthly has spent the majority of the past 5-years inside of rising channel (1). It hit the top of the channel late last year, where it created a large bearish reversal pattern (bearish wick) and prices started immediately heading lower. Over the […]
10 Low PE Stock Picks For The Defensive Investor – March 2018

10 Low PE Stock Picks For The Defensive Investor – March 2018

There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the ten lowest PEmg (price / normalized earnings) companies reviewed by ModernGraham. Each company has been determined to be undervalued or fairly valued and suitable for the Defensive Investor according to the ModernGraham approach. Defensive Investors are defined as […]
When Two Are Fighting, Gold Wins

When Two Are Fighting, Gold Wins

Do you hear the military march? The world’s largest economies are flexing their muscles and preparing for war. Will gold win the trade conflict between the United States and China? So It Begins Trade war. This topic dominated the recent days. Last week, President Trump announced plans for tariffs on about $60 billion of Chinese […]