Archives by Month:

Archives by Year:

Higher Volatility Threatens The SPX: Important Levels To Monitor

Higher Volatility Threatens The SPX: Important Levels To Monitor

In my 2017 Market Wrap-Up post, I referenced major support (200) and resistance (280) as levels worth monitoring on the SPX:VIX ratio, on a monthly timeframe. The following updated monthly chart of the SPX:VIX ratio reveals a few interesting things: All of the monthly closes since July 2017 have been above 225. December ’17 and January ’18 […]
McDonald’s (MCD) Q4 Earnings Likely To Reflect Comps Growth

McDonald’s (MCD) Q4 Earnings Likely To Reflect Comps Growth

McDonald’s Corp. (MCD – Free Report) is set to report its fourth-quarter 2017 numbers on Jan 30, before the bell. Last quarter, the company pulled off a positive earnings surprise of 0.57%. In fact, McDonald’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, with an average beat of 5.21%. Notably, […]
Amid Scramble To Contain Euro Strength, ECB’s Knot Says QE ‘Must End ASAP’

Amid Scramble To Contain Euro Strength, ECB’s Knot Says QE ‘Must End ASAP’

I’m not sure what exactly Klaas Knot (he’s president of the Dutch Central Bank) was trying to accomplish on Sunday by reiterating an aggressively hawkish message, but it seems to me that in light of recent events, this is not the time to be making bold pronouncements about how QE needs to be wound down immediately. I mean […]
Bonds Finally Noticed What Is Going On… Stocks Are Next

Bonds Finally Noticed What Is Going On… Stocks Are Next

It is safe to say that one of the most popular, and important, charts of 2017, was the one showing the ongoing and projected decline across central bank assets, which from a record expansion of over $2 trillion in early 2017 is expected to turn negative by mid 2019. This is shown on both a […]
Stocks To Trade: Emerson, DXC, Encana

Stocks To Trade: Emerson, DXC, Encana

Take a look at three trading ideas to prep you for the next trading session. Long Emerson Electric (EMR) Long DXC Technology (DXC)   Short EnCana (ECA)
Cryptocurrency Bulls Are Back? I Prefer LTC/USD

Cryptocurrency Bulls Are Back? I Prefer LTC/USD

BTC/USD Bitcoin Has broken short-term resistance trend line and is challenging the 11700 resistance that was once support. A break above it could push price back towards 13500$. Price structure still seen as corrective. Target of 8500$ remains. XRP/USD Ripple Testing the medium-term downward sloping trend line. This trend line is very important as price […]
E
                                                
                        Speculators Continue To Favor Dollar Weakness

E Speculators Continue To Favor Dollar Weakness

According to the latest Commitment of Traders (COT) report, large speculators continue to expect a weaker dollar, favoring commodities and the commodity currencies. Equity markets, meanwhile continue to climb to fresh all-time highs amid record overbought conditions. Elsewhere, Japanese yen traders appear to be caught wrong-footed,  EUR/USD futures speculation reaches yet again another bullish extreme, […]
Week In Review: How Trump Policies Moved Stocks

Week In Review: How Trump Policies Moved Stocks

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly. 1. TARIFF ON WASHING MACHINES: On Monday, the Trump Administration announced that it will impose a 20% tariff […]
Impact Of Federal Government Changes Remain To Be Seen

Impact Of Federal Government Changes Remain To Be Seen

On Monday, Congress passed a three-week spending bill to end the government shutdown that kicked off late last week. Immigration debate was a central topic between Democrats and Republicans, and the next three weeks will likely see continued debate on this front. Jerome Powell, who has been a member of the Federal Reserve Board of […]
The Darlings Of Davos

The Darlings Of Davos

Global equity markets roared this week and even accelerated to new all-time highs on the close. Growth Stocks and Big Caps continued their tear, up over +2% for the week. However, some global equities did even better than the US, like China, which outperformed US equities by 2x. Trump shocked the economic elite at Davos […]