Archives by Month:

Archives by Year:

JPMorgan (JPM) Q1 Earnings Beat On Better Rates And Trading

JPMorgan (JPM) Q1 Earnings Beat On Better Rates And Trading

Amid an expected weakness in investment banking, strong trading results, higher rates and lower tax rate drove JPMorgan’s (JPM – Free Report) first-quarter 2018 earnings of $2.37 per share, which handily outpaced the Zacks Consensus Estimate of $2.28. The reported figure was up 44% from the prior-year quarter. Results in the reported quarter included 11 cents per share […]
The Market Wants To Rally Short-Term

The Market Wants To Rally Short-Term

The market wants to rally short-term, but it just can’t find the buyers. An uptrend has to have a number of new 52-week highs, and there are very few at the moment.  Side Notes: VIX Squared has reported on Twitter that bullish sentiment is now down to a level that favors stock prices from a contrarian point-of-view. […]
This Week In Crypto – Friday, April 13

This Week In Crypto – Friday, April 13

Bulls on Parade (Don’t Get Trampled) For the first time in weeks, we’ve seen some clear, positive upwards momentum for the coin-wide market. Cryptocurrency’s comprehensive market cap is up 23% at $326bln, up from $248bln last Friday morning. But there’s one caveat: most of this growth has come in the last 36hrs. Leading price movements as usual, […]
E
                                                
                        Stock Of The Week: Blackrock Inc.

E Stock Of The Week: Blackrock Inc.

A review of BlackRock Inc., which is one of the world’s largest publicly traded investment management firms.  Video Length: 00:07:19
The Change And The Strange Continues In The Markets

The Change And The Strange Continues In The Markets

Ch-ch-ch-ch-changes(Turn and face the strange)Ch-ch-changesDon’t want to be a richer manCh-ch-ch-ch-changes(Turn and face the strange)Ch-ch-changesJust gonna have to be a different manTime may change meBut I can’t trace time – Changes (David Bowie) As the late, great David Bowie sang to us, the change and strange continued this past week, including in the equity markets. […]
Trade Wars: Monetary Distortions Of Consumers And Producers

Trade Wars: Monetary Distortions Of Consumers And Producers

The monetary distortions, imbalances and perverse incentives are finally bearing fruit: trade wars. What ignites trade wars? The oft-cited sources include unfair trade practices and big trade deficits. But since these have been in place for decades, they don’t explain why trade wars are igniting now. To truly understand why trade wars are igniting and […]
Political Uncertainty Is A Reminder To Avoid “Home Bias”

Political Uncertainty Is A Reminder To Avoid “Home Bias”

Stable laws and competitive markets throughout much of the world go a long way toward providing investors confidence in their ability to size-up potential returns and risks, at least over a longer-term horizon. The biggest threats to this investment framework are political instability (with global war the most extreme example), a pandemic (think The Black […]
Two Potential Scenarios For Bitcoin

Two Potential Scenarios For Bitcoin

As shown on the daily chart below, Bitcoin has recently broken above several types of resistance, namely a downtrending Andrew’s Pitchfork channel, and two downtrend lines. There are two potential scenarios for Bitcoin relative to the pitchfork channel: price spikes up to its 200% Fibonacci outer edge, which is currently around the 10000 level, or price drops back down to its 100% Fib channel […]
JOLTS Recap: Manufacturing Quits Explode

JOLTS Recap: Manufacturing Quits Explode

Today’s Job Opening and Labor Turnover Survey from the Bureau of Labor Statistics showed little change to the broad labor market picture. As shown in the charts below, the quit rate is very stable at round 2.2%. That rate is slightly higher for the private sector at 2.4% but as with the broad quit rate, […]