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Study: How Long Does It Take For A 10%+ Correction To Make New Highs

Study: How Long Does It Take For A 10%+ Correction To Make New Highs

The S&P has fallen 11.8% already during this “small correction”. Assuming that the bottom is in already (February 9, 2018 = the bottom), the S&P has rallied for 48 days already. Is this normal? How long does it usually take for a 10%+ “small correction” to reclaim its old highs? Here are the bottom dates […]
Commonwealth: Brexit Poses A Pressing Trade Problem For Smaller Nations

Commonwealth: Brexit Poses A Pressing Trade Problem For Smaller Nations

by Peg Murray-Evans, Research Associate, Department of Politics, University of York The Commonwealth nations are meeting in London at a crucial time for the host nation. With just one year until the UK begins its departure from the European Union, new agreements need to be struck and important arrangements made. While Brexit is not on […]
OPEC Approaches ’Mission Accomplished’ Moment In Jeddah, WTI Nears $70

OPEC Approaches ’Mission Accomplished’ Moment In Jeddah, WTI Nears $70

Fundamental Forecast for USOIL: Bullish Talking Points: Brent options skew showing the strongest bias for further gains in four years OPEC looks to have nearly cleared the glut turning the focus on what is next and adding to volatility Per BHI, U.S. Oil Rig Count rises 5 rigs to 820, US total rig count to 1,103 […]
More Buybacks For The Rich – And More Ding Dongs For The Rest Of You

More Buybacks For The Rich – And More Ding Dongs For The Rest Of You

On one hand, share repurchases can be an appropriate use of cash if surplus capacity exists and firms lack productive capital investment opportunities. On the other hand, additional profits from tax reform could also be allocated to employees through higher compensation. Wage growth appears to be a key issue for Democrats as we approach the […]
U.S. Steel Producers On A Roll As May 1 Deadline Approaches

U.S. Steel Producers On A Roll As May 1 Deadline Approaches

The U.S. steel industry is buoyant in the backdrop of a favorable regulatory environment. The goal of the government is to revive the industry, which has seen a steady decline as local production was increasingly substituted with cheaper imports. Steel imports have jumped from $22.7 billion in 2010 to $29.1 billion last year, according to […]
Good Earnings Cause Interest Rate Fear To Resurface

Good Earnings Cause Interest Rate Fear To Resurface

In this crucial weekend video newsletter update we go through what to expect next week in the market and what dividend yielding stocks present opportunities as interest rates rise. 
S&P 500 Snapshot: Up 0.5% WoW

S&P 500 Snapshot: Up 0.5% WoW

The S&P 500 rose and fell this week, ending Friday up 0.5% from the same time last week. The index was down -0.85% from Thursday and is down 0.95% YTD. The U.S. Treasury puts the closing yield on the 10-year note at 2.96%. Here is a daily chart of the S&P 500. Today’s selling puts […]
GBP: The Trend Remains Your Long-Term Friend

GBP: The Trend Remains Your Long-Term Friend

Talking Points: UK inflation slips lower than expected but wage pressures build. Bank of England’s Carney gives nothing away. UK Q1 GDP is released at the end of the week. Fundamental Forecast for GBP: Neutral We remain neutral on GBP in the short-term but believe that the long-term uptrend in Sterling remains in place and offers potential […]
‘Real Motion’ Wrecked AAPL – Is The Market Next?

‘Real Motion’ Wrecked AAPL – Is The Market Next?

Earlier this week I highlighted how the market can be influenced by the actions of a few big components of ETFs. On Friday AAPL fell hard. The media will blame it on an analyst downgrade, and fears of slowing sales in China, but that’s only the catalyst that explain why it fell. It doesn’t explain why it […]
Forex Critical: The Mexican Peso Slams Into A Presidential Debate

Forex Critical: The Mexican Peso Slams Into A Presidential Debate

It seems the U.S. dollar index (USD) has stopped going down. Since careening to its lows in January, the U.S. dollar has bounced up and down through a well-defined range. It is starting to look like the U.S. dollar index (USD) has stopped going down. Source: Stockcharts.com The U.S. dollar gained each of the last 4 […]