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Piper Says Twitch Viewership Of Activision Titles Offers Upside Potential

Piper Says Twitch Viewership Of Activision Titles Offers Upside Potential

Shares of the “big three” video game publishers were in focus after Piper Jaffray analyst Michael Olson told investors in a research note that the firm’s analysis of video game viewership data is most positive for Activision Blizzard (ATVI), while more in-line for Electronic Arts (EA) and Take-Two (TTWO). ‘TWITCHADVISER’ TAKEAWAYS: According to Piper Jaffray’s […]
Stocks Oversold At Extremes

Stocks Oversold At Extremes

Stocks Oversold – Another Down Day The stock market had another weak trading session on Thursday. The S&P 500 fell 2.06% and the Russell 2000 fell 1.91%. On the bright side, some of the hardest hit groups outperformed. The Nasdaq only fell 1.25%. EEM emerging markets ETF fell 1.01%. Facebook stock rose 1.3%. I’m not […]
Ethereum, Ripple, Bitcoin Prices: Cryptos Suffer A Steep Decline

Ethereum, Ripple, Bitcoin Prices: Cryptos Suffer A Steep Decline

This year hasn’t been a particularly great year for cryptocurrencies. The Ripple, Ethereum, and Bitcoin prices were stable for the last few weeks, but they have become incredibly volatile this week. Bitcoin and other major cryptocurrencies witnessed a sudden decline in their prices on Thursday, knocking billions of dollars off their value. The decline on Thursday pushed […]
FAANG+ Flush

FAANG+ Flush

This week has been a pretty brutal one for growth stocks. One of the best ways to see this is the performance of the NYSE FAANG+ Index, which has flat-out collapsed. The index is slightly broader than the traditional FAANG (Facebook, Amazon, Netflix, and Alphabet, formerly Google) index, and it currently includes Apple (AAPL), Nvidia […]
A Long-Term Look At Inflation – Friday, Oct. 12

A Long-Term Look At Inflation – Friday, Oct. 12

The Consumer Price Index for Urban Consumers (CPI-U) released yesterday morning puts the year-over-year inflation rate at 2.28%. It is substantially below the 3.76% average since the end of the Second World War and above its 10-year moving average, now at 1.54%. For a comparison of headline inflation with core inflation, which is based on […]
Market Risk: Warning

Market Risk: Warning

My Market Risk Indicator is signalling today. That means I add a mid term volatility hedge to the Volatility Hedged portfolio and the Long/Short hedged portfolio. The Long/Cash portfolio goes 100% to cash. The portfolio allocations are as follows: Long/Cash portfolio: 100% cash Long/Short hedged portfolio: 50% long high beta stocks and 50% long mid term volatility […]
Here’s Why The Next Recession Will Spiral Into A Depression

Here’s Why The Next Recession Will Spiral Into A Depression

Here’s the difference between a recession and a depression: you can’t get blood from a stone, or make an insolvent entity solvent with more debt. There are two basic differences between a recession and a depression: Duration: a recession typically lasts between 6 and 18 months, while a depression drags on for years or even […]
Curious September Energy Decline In CPI, With Crude And Gas Futures Rising

Curious September Energy Decline In CPI, With Crude And Gas Futures Rising

The BLS says the energy index declined 0.5 percent in September, but the price of crude rose. Overall the CPI rose 0.1%. Earlier today the BLS reported a 0.5% surge in import prices that was fuel-related. The import price for fuel increased 3.8% despite the strong dollar. For details, please see Import Prices Jump 0.5% Led […]
Germany Breaks 9-Year Support, Impact The States?

Germany Breaks 9-Year Support, Impact The States?

While so many are wondering if the stock market bounce today will hold, they might want to look to Germany for clues to where stocks in the states could be headed in the near future. The chart looks at the DAX index from Germany. The DAX has remained inside of rising channel (1) since the 2009 […]
NZD/USD Bearish Channel In Force, NZ CPI On Tap

NZD/USD Bearish Channel In Force, NZ CPI On Tap

NZD/USD is a classic “risk-on” currency pairing. While the pair actually rose by about 50 pips over the last two days (primarily due to weakness in greenback), it remains in a longer-term downtrend defined by a 6-month bearish channel. Video Length: 00:04:08