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S&P 500 Hits 2,900: Best Performing Stocks YTD

S&P 500 Hits 2,900: Best Performing Stocks YTD

Thanks to easing trade tensions and the U.S.-Mexico deal, the country’s stock market continues to enjoy the longest bull run since World War II. Notably, the S&P 500 hit 2,900 for the first time in history and closed at record highs for the third consecutive session. The index is up 8.4% so far this year. […]
When Will S&P 500 Valuations Matter Again?

When Will S&P 500 Valuations Matter Again?

In the private markets, buyers and sellers care a great deal about valuation. For example, a financial advisory practice might fetch between 1 percent and 2 percent of assets under management. Or it might go for 2.3 times trailing 12 months’ gross revenues. Higher or lower valuations depend largely on things like key personnel, average […]
7 Charts On Quantitative Tightening

7 Charts On Quantitative Tightening

As the Fed is steadily progressing through its balance sheet normalization plan, it’s worth checking in on a few charts that highlight the path to normalcy, and some of the potential stumbling blocks along the way. This article provides an update and follows on from a previous post “5 Charts on Quantitative Tightening”. The beginning […]
Guided By Stars? Really?

Guided By Stars? Really?

If there were any lingering doubts the Federal Reserve intends to boost its benchmark interest rate by another quarter point next month, Chair Jerome Powell settled them last Friday. Powell, during his speech at the annual gathering in Jackson Hole, Wyoming, hosted by the Federal Reserve Bank of Kansas City, established a clear case that our economy is ready […]
New York Home Prices Lag — Updated Case Shiller Numbers

New York Home Prices Lag — Updated Case Shiller Numbers

The June S&P/Case-Shiller home price readings came out yesterday, and below we provide our updated summary charts and tables of the data. Nineteen of twenty cities saw month-over-month gains in home prices, with New York seeing the only decline at -0.07%. Las Vegas was up the most MoM at +1.39%, followed by Detroit and Minneapolis. Year-over-year, Las […]
Hot Options Report For End Of Day – Wednesday, August 29

Hot Options Report For End Of Day – Wednesday, August 29

Data Courtesy of Trade Alert  
Stocks And Precious Metals Charts – Living The Dream – Same As It Ever Was

Stocks And Precious Metals Charts – Living The Dream – Same As It Ever Was

“The sense of responsibility in the financial community for the community as a whole is not small.It is nearly nil.Perhaps this is inherent.In a community where the primary concern is making money, one of the necessary rules is to live and let live.To speak out against madness may be to ruin those who have succumbed […]
Salesforce Wavers On Lower Guidance

Salesforce Wavers On Lower Guidance

(Video length 00:02:30) CNBC’s Josh Lipton breaks down Salesforce’s second-quarter earnings, which beat Wall Street expectations, but the company lowered guidance for the third quarter.
Nasdaq Nears Best August Since DotCom Peak But EM, VIX, Bonds, & Macro Decouple

Nasdaq Nears Best August Since DotCom Peak But EM, VIX, Bonds, & Macro Decouple

Since China intervened mid-month (ahead of the US-China trade talks), the Yuan strengthened and US equities soared (until decoupling the last few days)… And bond yields have fallen (QE trade!?) But Emerging Market currencies have started to collapse again… The Nasdaq is on course for its best August since the year 2000…Things did not end […]