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Nine Years Vs. Nine Months Of Volatility: Reading The Signs

Nine Years Vs. Nine Months Of Volatility: Reading The Signs

Despite last week’s pullback, 2018 has still been a positive year for many U.S. equity investors. If the S&P 500 Index closes positive this year, it will be its 10th consecutive positive year. A 10-year bull run has not happened since the 1950s. One significant way in which this bull market has manifested has been through lower volatility in […]
Billion Dollar Unicorns: WalkMe’s Enterprise Focus Pays Off

Billion Dollar Unicorns: WalkMe’s Enterprise Focus Pays Off

The rise of digital solutions has led to the creation of Digital Adoption Platforms (DAPs), which act as a guidance and navigation tool for organizations to help customers and employees understand next-generation digital tools. It helps drive adoption of digital solutions by improving individual performance on software applications. The platform was pioneered by San Francisco-based […]
Why Hedge Funds “Brutally” Missed Yesterday’s Massive Stock Rally

Why Hedge Funds “Brutally” Missed Yesterday’s Massive Stock Rally

When commenting on yesterday’s somewhat puzzling, low-volume levitation, we noted that it was not so much a broad market rally, which it certainly was if rather muted, but the biggest short squeeze since at least the Trump election victory 2 years ago. To be sure, there was also a massive positioning (and career-risk) imbalance because as Nomura’s […]
3 Defensive Stocks To Watch: PZZA, DPZ, PM

3 Defensive Stocks To Watch: PZZA, DPZ, PM

How do you recession-proof your portfolio? Defensive stocks are one strategy – shares in companies whose business remains profitable in a recession. The use of such defensive stocks has been a matter of long-running debate, with proponents claiming that they are a hedge against losses, while detractors demonstrate that defensive stocks really just lose a […]
Constellation Brands Chart Is Pouring Profits

Constellation Brands Chart Is Pouring Profits

It’s getting tough to find good charts after last week’s carnage. Given the pace of selling that ensued, many names just don’t have what it takes to move higher. There is little to get excited about – but the Constellation Brands chart is an exception. This company reported solid earnings recently, and the stock moved […]
Tether’s Mysterious Crash: Is The Money Really There?

Tether’s Mysterious Crash: Is The Money Really There?

Tether is a crypto, supposedly pegged to the dollar. On Oct 14, it fell to $0.86. Long-standing concerns surfaced again. I will get to the new concerns in a moment, but first let’s review how Tether works as well as the long-standing suspicions. Please consider the Wall Street Journal April 12, 2018 article on the Mystery […]
EU Commission To Reject Italian 2019 Budget Plan

EU Commission To Reject Italian 2019 Budget Plan

Earlier this morning, we reported that according to Deutsche Bank economists – and virtually everyone else except for those who were apparently waving in BTPs yesterday – Italy was squarely on a collision course with the European Commission, whose President Juncker said yesterday that there would be a “violent reaction” from other euro area countries […]
The Uncrossed Chasm

The Uncrossed Chasm

The big earnings news yesterday afternoon was Netflix (there was an era when it would have been IBM, but times have changed). I had no position in NFLX, and frankly, I hardly ever touch the thing, but it was an explosive move higher. What surprised me was that, explosive or not, the rip didn’t even […]
Abbott (ABT) Q3 Earnings Top Estimates

Abbott (ABT) Q3 Earnings Top Estimates

Abbott (ABT – Free Report) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.35%. A quarter ago, it was expected that […]
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                        USD/MXN Eyeing 19.00

E USD/MXN Eyeing 19.00

USD/MXN is now trading at the 18.81 area, unfolding an intra-day reversal up from the lows, which can suggest a minimum three-wave recovery in the near-term, ideally to around 19.00 zone. Now looking at a more detail view, we are tracking two counts on the pair; first one suggests a higher degree red wave C) […]