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Nasdaq Down 5%, DOW And S&P Down Over 3%: Just A Start

Nasdaq Down 5%, DOW And S&P Down Over 3%: Just A Start

The FANGs led the Nasdaq on the way up and lead again on the way down. Technology shares were hammered close to 5%. The Wall Street Journal reports Quickening Retreat From Tech Sinks Market. U.S. stocks suffered their biggest decline in more than seven months Wednesday, as investors accelerated their retreat from fast-growing technology stocks in […]
28 Firms Going Ex-Dividend Next Week, Including The Gap, Verizon And ConocoPhillips

28 Firms Going Ex-Dividend Next Week, Including The Gap, Verizon And ConocoPhillips

There are several well known large cap stocks going ex-dividend next week including the following five dividend stocks: The Gap Inc., Darden Restaurants, Verizon, AT&T and Verizon. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its next dividend. Any stock ranked by […]
The Three Largest Cryptocurrencies – Wednesday, Oct. 10

The Three Largest Cryptocurrencies – Wednesday, Oct. 10

With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]
Hot Options Report For End Of Day – Wednesday, Oct. 10

Hot Options Report For End Of Day – Wednesday, Oct. 10

Data Courtesy of Trade Alert 
Annual Returns Are Impossible To Predict

Annual Returns Are Impossible To Predict

At the beginning of every year, market commentators and analysts give their predictions on where the market will close. Research has shown that most of these forecasts did not perform significantly different than a chance forecast. In other words, similar to a coin flip. Stocks have returned about 10% nominally annually post WWII. So, the safest bet […]
PPI Maintains Its Pace

PPI Maintains Its Pace

The BLS released September Producer Price Index numbers this morning. PPI has been gradually accelerating since late 2015/early 2016, but recent months saw PPI begin to slow by its headline measure. The headline PPI decelerated again last month down to 2.73% YoY from 2.83% the month before. This continues a trend over the past few […]
August 2018 Headline Wholesale Sales Improve

August 2018 Headline Wholesale Sales Improve

The headlines say wholesale sales improved month-over-month with inventory levels remaining elevated. Our analysis shows a deceleration of the rate of growth for the rolling averages. Analyst Opinion of this month’s Wholesale Sales Overall, I believe the rolling averages tell the real story – and they declined this month. Even with this month’s decline of […]
Small Caps Underperform In October & Materials Crater On Tuesday

Small Caps Underperform In October & Materials Crater On Tuesday

Small Caps Continue Downtrend – Flat Market The S&P 500 fell 0.14% which puts it in a 4-day losing streak. There’s not much to make of this losing streak. The S&P 500 is near its record high. In fact, its outperformance of small caps is more notable than this mini losing streak. The Russell 2000 […]
Tesla Has 143 Days To Defuse Its $11.5 Billion Ticking Debt Bomb

Tesla Has 143 Days To Defuse Its $11.5 Billion Ticking Debt Bomb

The debt maturity countdown is officially on for Elon Musk and Tesla. As of today, the company has 143 days until material amounts of debt start coming due according to regulatory filings and a new report by Bloomberg. While that may seem like a long time for the company to figure out a solution, Tesla will […]
Bottom Drops Out For US Stocks

Bottom Drops Out For US Stocks

Oh, how quickly the trading tables can turn! It seems like just yesterday that we writing about how it was “All Systems Go” for the S&P 500 heading into earnings season (in actuality, it was just last week). While we had softened our tone as the price action deteriorated (see here and here for examples), the ferocity of today’s selloff is […]