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Axis Capital Holdings Insures And ReInsures Worldwide

Axis Capital Holdings Insures And ReInsures Worldwide

This week I’m seeking a prestigious and long-term dividend paying stock from the financial services sector. Financial Services includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns. Today I’m reviewing a mid-cap insurance – property & casualty firm named Axis […]
What To Watch In First Round Of Big Bank Earnings Reports

What To Watch In First Round Of Big Bank Earnings Reports

JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) are scheduled to report quarterly results before the open on October 12. What to watch for: 1. OUTLOOKS: Last company’s earnings call, Wells Fargo CEO Tim Sloan said that the bank is “on track” to achieve targeted $4B of expense reductions by end of 2019. Wells Fargo […]
Stocks And Precious Metals Charts – Most Economists And Market Pundits In De-nile – Walk Like An Egyptian

Stocks And Precious Metals Charts – Most Economists And Market Pundits In De-nile – Walk Like An Egyptian

  “No regulatory penalties, no criminal indictments for fraud, no clawbacks, no prohibitions of bonuses at least during early phase of financial market recovery, all of this sticks in my mind as unjustifiable— and imprudent, as it taught a lasting lesson that bankers had immunity.”  Dr. Harald Malmgren “At the recent market peak, the most […]
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                        US 10-Year Treasury Yield Finally Above The 3% Level

E US 10-Year Treasury Yield Finally Above The 3% Level

After a steady decline from 1981, US 10-year and 30-year treasury yields found a likely bottom and have been rising since mid-year 2016 – as can be seen in the charts below. The 10-year yield has risen above 3% and is at its highest level since the middle of 2011. Need to see if it […]
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                        The Credit Cycle Is On The Turn

EC The Credit Cycle Is On The Turn

We are on the verge of moving into an era of high interest rates, so markets will behave differently from any time since the early-1980s. There are enough similarities with the post-Bretton Woods era of the 1970s to give us some guidance as to how markets are likely to evolve in the foreseeable future. The […]
VIX Shows Elevated Fear Among S&P 500 Traders, But Not Yet At Post-GFC Peaks

VIX Shows Elevated Fear Among S&P 500 Traders, But Not Yet At Post-GFC Peaks

After pausing briefly on this morning’s slightly softer-than-anticipated inflation data (see my colleague Fawad Razaqzada’s post, “Dollar extends but CPI miss not a game changer” for more), US stocks have resumed yesterday’s selling rout. As of writing, the Dow Jones Industrial Average is trading off by another 500+ points, with the S&P 500 falling by more than 2% as […]
Sectors And Gravity Spots To Watch In The Market

Sectors And Gravity Spots To Watch In The Market

In tonight’s video, Corey updates the big movement across the sectors and where strength and weakness lie (and thus opportunity). Finally, he pinpoints the key Gravity Points on the /ES Daily Chart for planning the next swing, one of which we bounce up away from today.
Another Loose EIA Print Hits Nat Gas

Another Loose EIA Print Hits Nat Gas

Natural gas volatility seems here to stay, with weaker cash prices and a bearish EIA print hitting prices today before more bullish weather trends helped reverse the natural gas futures curve into the settle. The end result was a loss of around 2% for the November natural gas contract.  Again losses were most significant at […]
Shocktober Day 2: Stock Rout Accelerates As Bonds, Bullion Surge

Shocktober Day 2: Stock Rout Accelerates As Bonds, Bullion Surge

It was all going so well… China was ugly overnight with about 1000 companies halted 10% limit-down…   AsiaPac was a bloodbath… (down 10 days in a row and 27% from the highs) Europe plunged (led by Italy)… US Futures show the chaos and hopeful rebounds that just kept failing today… Nasdaq flip-flopped desperately around […]
10-Year T-Yield Jumps, Equities Sell Off – Are Rate Fears Justified?

10-Year T-Yield Jumps, Equities Sell Off – Are Rate Fears Justified?

The 10-year Treasury rate has broken out.In less than two months, it has jumped 44 basis points.Equities are selling off.But how sustainable is the rise in these yields, given the leverage in the system? Chart 1 is causing a lot of stir and anxiety among equity investors.Or, they were simply looking for an excuse to […]