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It’s Over: In 10-Years Of A Bull Market, This Has Never Happened Before

It’s Over: In 10-Years Of A Bull Market, This Has Never Happened Before

Today is the final day of October. It has been a brutal month for fund managers. So expect them to do anything and everything in their power to ramp stocks higher so they can end the month with the best possible returns. After that, it’s game over. The monthly S&P 500 chart has violated its […]
Safety Trades Fade

Safety Trades Fade

Good morning, everyone, and welcome to the last day of what’s been a terrific month. I’ve got puts on a couple of markets that were the “flight to quality” trades during the big selloff. One of them is gold, which is down nearly $9 this morning. Precious metals can’t seem to get off the mat, no […]
EUR/USD: The Market Stalls On A Support As The Euro Weakens

EUR/USD: The Market Stalls On A Support As The Euro Weakens

Previous: On Tuesday the 30th of October, the euro closed down. Buyers tried to reverse the situation twice and both times were unsuccessful. The euro fell against the dollar to 1.1341. There were several factors which contributed to the weakening of the single currency. 1. The euro remains under pressure due to uncertainty around Italy. Italian […]
Analysts Question The Case For Another Hike In Interest Rates

Analysts Question The Case For Another Hike In Interest Rates

The Federal Reserve remains on track to raise interest rates again in December, according to the futures markets. But the wisdom for another round of policy tightening is drawing more criticism in the wake of a surge in stock market volatility and signs that economic growth has slowed in the US, China and Europe. Richard […]
Iranian Oil Thriller

Iranian Oil Thriller

It’s close to midnight and something’s selling oil in the dark. Under the moonlight, you see a drop that almost Stops Your Heart. You Try to Scream, but the computer takes the trade before you change It. You Start to scream, as oil sells hard right before your eyes. You’re Paralyzed! Cause this is a […]
First Look At October: ADP Says 227K New Nonfarm Private Jobs

First Look At October: ADP Says 227K New Nonfarm Private Jobs

The economic mover and shaker this week is Friday’s employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the month-over-month change in Total Nonfarm Employment (the PAYEMS series in the FRED repository). Today we have the ADP October estimate of 227K new nonfarm private employment jobs, […]
GM Soars 10% After Beating Dramatically Lowered Earnings Bar

GM Soars 10% After Beating Dramatically Lowered Earnings Bar

General Motors stock is soaring in the pre-market after smashing earnings expectations (the 14th straight quarterly beat) and hinting that full-year earnings may be at the high end of the range that it has forecast. In boosting adjusted profit to $1.87 a share, GM beat dramatically lowered expectations that earnings would slip from a year earlier […]
E
                                                
                        Markets: Tinkering

E Markets: Tinkering

Perhaps the greatest invention isn’t the wheel but the clock. The ability to section off the day into hours, minutes, seconds has driven technology and productivity, led to the joy of accurate navigation and the fear of being late to a party. Watching the hands of the clock doesn’t teach you how the tinkering of […]
Rules For Managing Volatility

Rules For Managing Volatility

Volatility is back. Your success as an investor is based on how you’ll deal with it. Here are some rules to help you cope. First, reconsider your allocation. If you have 50% or 60% stock exposure in what’s often called a ‘balanced” portfolio, and you can’t handle a 5% or 10% portfolio hiccup, you’re probably in […]
Morning Call For Wednesday, Oct. 31

Morning Call For Wednesday, Oct. 31

Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.68%) this morning are up +0.69% on strength in technology stocks led by a rally in Facebook which is up almost 4% in pre-market trading after it reported better-than-expected Q3 earnings. European stocks are up +1.59% at a 1-week high on better-than expected quarterly earnings results from L’Oreal […]