Archives by Month:

Archives by Year:

Noisy Trade War News Adds Volatility To S&P 500 In Week 1 Of April 2018

Noisy Trade War News Adds Volatility To S&P 500 In Week 1 Of April 2018

Volatility was once again the name of the game in the US stock market during the first week of April 2018. Starting from Friday, 30 March 2018’s closing value of 2,640.87, the S&P 500 (Index: INX) bounced off an intraday low of 2,553.80 on Monday, 2 April 2018 before going on to rise as high […]
The Top Five Weekend Stock Stories

The Top Five Weekend Stock Stories

1. Starting Monday, the 87M Facebook (FB) users who might have had their data shared with Cambridge Analytica will get a detailed message on their news feeds, according to Associated Press. In addition, all 2.2 billion Facebook users will receive a notice titled “Protecting Your Information” with a link to see what apps they use […]
Intraday Support/Resistance Levels On S&P 500 E-Mini Futures Index

Intraday Support/Resistance Levels On S&P 500 E-Mini Futures Index

My brief observations on the 60 minute (extended hours) chart of the S&P 500 E-mini Futures Index(ES) are as follows. Monday, April 9 Daily PP (pivot point) R1 (resistance) @ 2651 PP S1 (support) @ 2571 PP is @ 2617 (price is currently just above) plus Monthly VWAP @ 2611 (providing major support…price is currently just above) 50 & 200 MAs in between PP & R1…50 has crossed above 200 We have a big range in between Monday’s S1 […]
Dividend Yield Cycle Review

Dividend Yield Cycle Review

Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.  The […]
Misconceptions About Milton Friedman’s 1968 Presidential Address

Misconceptions About Milton Friedman’s 1968 Presidential Address

For macroeconomists, Milton Friedman’s (1968) Presidential Address to the American Economic Association about “The Role of Monetary Policy” marks a central event (American Economic Review, March 1968, pp. 1-17).Friedman argued that monetary policy had limits. Actions by a central bank like the Federal Reserve could have short-run effects on an economy–either for better or for worse. […]
Lisk (LSK) Market Cap Approaching $1B Again

Lisk (LSK) Market Cap Approaching $1B Again

While the consolidation among cryptocurrencies continues, Lisk, the cryptocurrency application that makes it easy for you to build your own blockchain, is approaching $1B market cap again. Ranking 22nd in terms of market capitalization, Lisk (LSK) was up 4.66% on Sunday, more than all the other altcoins that rank higher than it on the list.  […]
Trade As A Zero Sum Game

Trade As A Zero Sum Game

The policies of the Trump Administration are being influenced by the view that international trade is a zero sum game, where whomever receives the most money is the winner at the expense of whomever receives the most goods. Under this line of thinking, which sometimes goes under the name “mercantilism”, policies are beneficial if they […]
Rockefellers Join Soros & Rothschilds In Cryptocurrency Investment Plans

Rockefellers Join Soros & Rothschilds In Cryptocurrency Investment Plans

Despite the collapse in cryptocurrency prices since the beginning of the year (bitcoin is down more than 60% and ethereum down more than 70% from their ATHs), more marquee investors have decided that now is the time to buy in. Last week, we noted that George Soros had taken some time out from his battle of wills […]
IPO Frenzy Coming To An End And Update On Global Market

IPO Frenzy Coming To An End And Update On Global Market

IPO Frenzy Coming to an End The benchmark index has corrected 7.4% from its peak in January 2018. Mirroring the subdued market sentiments of the broader indices, IPOs too have not performed well. Of the eleven IPOs we have covered since the beginning of 2018, seven are in the red zone. The expensive valuation is […]
The Big Digital Banks: JPMorgan And Goldman Sachs

The Big Digital Banks: JPMorgan And Goldman Sachs

I was having a chat about Artificial Intelligence (AI) in banking the other day. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much. I know that systems like Erica, short for Bank of AmErica, are up and running to make life easier, but […]