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Why Facebook Is Bad News For U.S. Stocks

Why Facebook Is Bad News For U.S. Stocks

Ask five people you see today what “Cambridge Analytica” means to them, and I bet you’ll get four blank stares. Maybe one paranoid person (who’s ranted to you about the Deep State) will know that it’s a British firm that supposedly exploited data on 50 million Americans to influence the 2016 election.  The other four? […]
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                        Why China, U.S. Trade Deal Is Likely To Be Reached Soon

E Why China, U.S. Trade Deal Is Likely To Be Reached Soon

There are multiple signs and reasons suggesting that the Trump administration will soon reach a comprehensive trade deal with China, resulting in a market rally. Specifically, President Trump has always been a deal maker, and many of his actions as president, from his decision to block DACA in order to reach an immigration deal to […]
Bullish Harami Crosses Offer Swing Low Potential

Bullish Harami Crosses Offer Swing Low Potential

Today’s action didn’t break the bounds of Friday’s range but did create a scenario where solid swing lows develop; bullish harami crosses are one of the most effective swing low markers. The best opportunity can be found in the Nasdaq 100. A rally from here would suggest the makings of a trading range which I […]
Should You Buy Wyndham Worldwide Corporation At This P/E Multiple?

Should You Buy Wyndham Worldwide Corporation At This P/E Multiple?

Wyndham Worldwide Corporation (NYSE: WYN) trades at a P/E multiple of 13.1x, which is lower than the Consumer Discretionary sector median of 18.7x. While this makes WYN appear like a stock to add to your portfolio, you might change your mind after gaining a better understanding of the assumptions behind the P/E ratio. In this article, […]
S&P 500 Matches February Closing Low With Monday Decline

S&P 500 Matches February Closing Low With Monday Decline

Big Sell-off On Monday There was a sharp decline on Monday in which the S&P 500 fell 2.23% and the Nasdaq fell 2.74%. The VIX was up 18.28% to 23.62. The S&P 500 fell to 2,554 in the afternoon before rallying a bit near the end of the trading session. It closed about 1 point above the February […]
Stocks Soar After Bloomberg Report Unleashes Amazon Buying Panic

Stocks Soar After Bloomberg Report Unleashes Amazon Buying Panic

It was generally a quiet day, with no macro news and equities range-bound, seemingly spooked by the ongoing verbal war between Trump and Jeff Bezos, where first in a tweet then a White House press conference, the president warned that US taxpayers will no longer subsidize Amazon “by the billions.” And, as has been the […]
Stocks And Precious Metals Charts – Tuesday, April 3

Stocks And Precious Metals Charts – Tuesday, April 3

Wall Street managed to squeeze out the Spotify IPO today at a high price that declined steadily through the trading day. But the wiseguys achieved the relatively calm market that was required to bring this ‘direct IPO’ out. Stocks had a wobbly start with an upward bias towards the end of the day, finishing slightly […]
Market Cap To GDP: An Updated Look At The Buffett Valuation Indicator – Tuesday, April 3

Market Cap To GDP: An Updated Look At The Buffett Valuation Indicator – Tuesday, April 3

Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazine interview that “it is probably the best single measure of where valuations stand at any given moment.” The four valuation indicators we track in our monthly valuation overview offer a […]
Market Talk – Tuesday, April 3

Market Talk – Tuesday, April 3

With the exception of the SENSEX, all of core Asia opened in negative territory over concerns surrounding the US/China dispute. Although major US indices had lost over 3% intraday they did show remarkable resilience by the close gaining over 1% in the final 45 minutes of trading. It was this that provided the much needed […]
Tuesday’s Bounce Is Hardly A Game-Changer For The Downtrend In Motion

Tuesday’s Bounce Is Hardly A Game-Changer For The Downtrend In Motion

As far as rebound efforts go, Tuesday’s bullishness wasn’t exactly what the optimists wanted to see. The gain didn’t undo all of Monday’s damage, and the advance the market was able to muster was a low-volume effort. Generally speaking, for a move to have any follow-through, it needs more – not less – participants. In […]