Archives by Month:

Archives by Year:

S&P 500 Industry Groups Vs 50-Day Moving Averages

S&P 500 Industry Groups Vs 50-Day Moving Averages

It was a nice day for US markets Tuesday as the S&P 500 broke a streak of four down days in a row and avoided setting the record for the longest losing streak since the 2016 election. The table below summarizes where individual S&P 500 Industry Groups stand on both a YTD basis in terms […]
Short-Term Heat Keeps Natural Gas Bid

Short-Term Heat Keeps Natural Gas Bid

The September natural gas contract settled up around a percent on the day as strong cash prices got prices moving higher this morning.  After dipping late last week and remaining flat yesterday, Henry Hub cash prices rose solidly today.  In our Morning Update, we outlined that stronger cash prices today combined with a strong strip […]
Stocks And Precious Metals Charts – Unsustainable – Stock Option Expiration On Friday

Stocks And Precious Metals Charts – Unsustainable – Stock Option Expiration On Friday

Stocks managed to rally today. US Dollar and paper are being viewed as safer investments given the relative strength of the US economy and the current interest rate tightening bias at the Fed. Gold and silver had a dead cat bounce after yesterday’s steep declines. Let’s see if that bottom starts forming around here. Indicators […]
Coca-Cola’s BodyArmor Deal Seen As Negative For Pepsi, Keurig Dr Pepper

Coca-Cola’s BodyArmor Deal Seen As Negative For Pepsi, Keurig Dr Pepper

In latest attempt to break Gatorade’s lock on the sports market, Coca-Cola (KO) announced it is buying a stake in BodyArmor, the sports drink startup backed by Kobe Bryant and other athletes. Commenting on the news, Evercore ISI analyst Robert Ottenstein told investors that it views Coca-Cola’s stake in BodyArmor as a “clear positive” for […]
Market Talk- Tuesday, August 14

Market Talk- Tuesday, August 14

It was good to see a healthy 2.28% bounce in the Nikkei today, especially after yesterdays 2% decline. Unfortunately, some of this was at the expense of the currency as the Yen lost 0.5% back to a 111 handle. The currency drop helped exporters recover some of yesterdays losses, but there is still plenty of […]
Household Debt Hits Record High $13.29 Trillion Led By Mortgages, Student Loans

Household Debt Hits Record High $13.29 Trillion Led By Mortgages, Student Loans

A New York Fed report shows household debt hit a new record high of $13.29 trillion in the second quarter. Inquiring minds are digging into the New York Fed Quarterly Report on Household Debt and Credit. Total Debt Mortgage Originations  Auto Loans by Credit Score  Credit Score Ratings: Equifax “Lenders generally see those with credit scores 670 […]
The Unstoppables

The Unstoppables

If you had been put into a sleeping chamber for the past seven years and shown a series of the largest equities around, you would assume, quite understandably, that the Dow was probably at about 40,000 and hadn’t had a down day since George Bush left office. These stocks are the stalwarts – – and […]
Putting Ripple On Trial, A Dissection Of Crypto’s Most Controversial Coin

Putting Ripple On Trial, A Dissection Of Crypto’s Most Controversial Coin

CoinCentral Court: Ripple in the Hot Seat As the number three cryptocurrency by market cap, it’s impossible for Ripple (XRP) to escape the limelight. With rumors of bribing exchanges for listings and a heated lawsuit with R3, it’s easy to see why so many people dislike the project. But, does Ripple deserve the flak it’s been receiving? In our second […]
Another Problem Emerges For Elon Musk

Another Problem Emerges For Elon Musk

While it has yet to be seen if the SEC will crack down on Elon Musk, and whether the Tesla CEO can round up enough investors (which he allegedly already has a commitment letter from over a week ago) to participating in his going private transaction, remains to be seen but even in an ideal […]
US Dollar: Up, Up, And Away?

US Dollar: Up, Up, And Away?

The latest outbreak of volatility in Turkey has been a headache for many assets, but it’s been an absolute boon for the US dollar. Until Friday, the world’s reserve currency had spent the last three months consolidating in a sideways range below 95.50 as traders weighed the long-term uptrend against the potential for the greenback’s […]