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Contagion Risk Is Now Spreading, And The US Is Not Immune

Contagion Risk Is Now Spreading, And The US Is Not Immune

As we noted yesterday, the global financial system is beginning to experience its first taste of “contagion” risk in years. US stocks remains clueless to this… but it’s doubtful that will continue. China (black line in chart below) has imploded and is in a full-blown bear market. The odds that the US stock market (blue […]
Experience Is The Only Cure

Experience Is The Only Cure

I recently penned an article which discussed the Fed and the risk of a monetary policy error in the future. This isn’t a possibility, it is a probability given that every Fed rate-hiking campaign in the past has led to a financial market-related event, recession, or worse. Of course, when you publish views on a regular basis […]
Weekly Unemployment Claims: Down 10K, Lowest In Over 48 Years

Weekly Unemployment Claims: Down 10K, Lowest In Over 48 Years

Here is the opening statement from the Department of Labor: In the week ending September 1, the advance figure for seasonally adjusted initial claims was 203,000, a decrease of 10,000 from the previous week’s unrevised level of 213,000. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The […]
Shouldering The Burden

Shouldering The Burden

After selling the fact that Tropical Storm Gordon did not do any major damage to oil facilities, the market now is seeing a US shoulder season that is still seeing very impressive refinery demand. While the oil market is being held back by worries and fears right now, the economic signals are backing up those […]
Mixed Market, Topping Pattern Or Just Pause Within A Rally?

Mixed Market, Topping Pattern Or Just Pause Within A Rally?

The U.S. stock market indexes were mixed between -1.2% and +0.1% on Wednesday, as investors hesitated following the recent record-breaking rally.The S&P 500 index has reached the record high of 2,916.50 last week. It currently trades below 2,900 mark. The Dow Jones Industrial Average gained 0.1% and the technology Nasdaq Composite lost 1.2% yesterday. The nearest important […]
Small Cap And Growth Factors Continue To Lead US Stocks In 2018

Small Cap And Growth Factors Continue To Lead US Stocks In 2018

Year-to-date returns for US equity investing are still dominated by small-cap and growth factors, based on a set of exchange-traded funds (ETFs).By contrast, large-cap-value stocks are currently posting the weakest gain so far in 2018 among the main equity factor buckets. At the front of the factor horse race is a broad small-company fund: iShares […]
Morning Call For Thursday, Sept. 6

Morning Call For Thursday, Sept. 6

Overnight Markets And News Sep E-mini S&Ps (ESU18 +0.01%) this morning are down -0.03% and European stocks are down -0.02% at a new 4-month low on concern about escalation of China/U.S. trade tensions if the U.S. goes ahead with its planned tariffs on an additional $200 billion of Chinese goods. Losses were limited on a rebound […]
China Vows To Retaliate If US Imposes Additional Tariffs

China Vows To Retaliate If US Imposes Additional Tariffs

China vowed that it will respond and take necessary countermeasures to protect its own economic interests as President Trump is expected to press on with a plan to impose tariffs on an extra $200 billion in Chinese imports as soon as this week. “China will be forced to retaliate if the U.S. ignores resistance in public […]
Is Now A Good Time To Buy PayPal?

Is Now A Good Time To Buy PayPal?

PayPal (PYPL) is delivering outstanding financial performance and the stock has gained nearly 50% in the past year alone. However, even the best companies can turn out being mediocre investments if the valuation is excessively high, and valuation ratios for PayPal are getting extended as the stock trades near record levels. In this context, it […]
BTC/USD Forex Signal – Thursday, Sept. 6

BTC/USD Forex Signal – Thursday, Sept. 6

Yesterday’s signals were not triggered, as there was no bullish price action at $7,333 or $7,128. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be entered before 5pm Tokyo time, during the next 24-hour period. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch […]