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Biotech And Healthcare Portfolio Playbook For December 2023/24

Biotech And Healthcare Portfolio Playbook For December 2023/24

  ↵Image Source: Unsplash   Healthcare stocks are a good defensive play for your portfolio and are due for recovery after being down about 5% in 2023. Key to continuing rally will be Momentum from SMID caps MACRO fears should ebb with innovation in the forefront. 10 year yield down to 4.4%. We are having a great […]
South American Weather Is The Bullseye. The Corn & Ethanol Report

South American Weather Is The Bullseye. The Corn & Ethanol Report

We kicked off the day with Building Permits final and Building Permits MoM Final at 6:50 A.M., New Home Sales and New Home Sales MoM at 9:00 A.M., Dallas Fed Manufacturing Index at 9:30 A.M., Export Inspections at 10:00 A.M., 2-Year Note Auction and 6-Month Nill Auction at 10:30 P.M., 3-Month Bill Auction and 5-Year […]
Wall Street Slumps As “Fear Gauge” Mounts Comeback

Wall Street Slumps As “Fear Gauge” Mounts Comeback

Wall Street is placing its four-week rally on hold, as investors watch the retail sector following an online record-setting Black Friday and await this week’s slew of economic data. At the session’s halfway mark, the Dow Jones Industrial Average (DJI), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) are all below breakeven, while the Cboe Volatility Index (VIX) looks […]
GBP/USD Holds To Decent Gains After BoE’s Bailey Remarks

GBP/USD Holds To Decent Gains After BoE’s Bailey Remarks

Photo by Colin Watts on Unsplash  GBP/USD climbed above the 1.2600 figure during the early morning in the North American session after bouncing from daily lows of 1.2590 due to data portraying the UK economy’s resilience despite the Bank of England’s (BoE) tightening. The pair is trading at 1.2607, clinging to 0.10% gains at the time of writing. BoE […]
Some Weakness Possible – Volatility At New Lows

Some Weakness Possible – Volatility At New Lows

Markets return with one of the weakest seasonal days of the year today. Now, that doesn’t mean that stocks crash or even fall hard. it just means that the odds heavily favor a down day, even by a penny. That’s how seasonals work. And the markets headed into the holiday being overbought, so a pause […]
The Ripple Effect Of Oil Drops On Gulf Markets

The Ripple Effect Of Oil Drops On Gulf Markets

Image Source: Unsplash Major stock markets in the Gulf are dancing to the tune of falling oil prices, a phenomenon that has become synonymous with the region’s financial landscape. As Brent approaches $80 a barrel, investors are holding their breath for the upcoming OPEC+ meeting, anticipating decisions that could shape the oil industry’s trajectory well into 2024. […]
The Bond Market Is Making Its Second Mistake Of The Year

The Bond Market Is Making Its Second Mistake Of The Year

Image Source: Pixabay The bond market remains confused about interest rates, which is why it continues to generate such unusual levels of volatility. One possible explanation for this ongoing uncertainty is that there is a fundamental difference of opinion between bond traders who have only experienced abnormal bond market conditions since 2008, and those who are, […]
Next Year’s Housing Crash, In Charts And Anecdotes

Next Year’s Housing Crash, In Charts And Anecdotes

Image Source: Unsplash Signs are multiplying that the US housing bubble is about to pop. To start with the headline number, home sales are back at Great Recession levels.Declining sales are no surprise when viewed against a backdrop of the worst affordability in American housing history. The following chart explains why Boomers are such a cocky […]
Two Year Low In New Home Prices

Two Year Low In New Home Prices

Once again, this morning’s report on new single family home sales shows that the competitive bifurcation of the new vs. existing home markets continues. Unlike existing homeowners, many of whom are shackled in place by 3% mortgages, new home builders can offer price incentives and downsize floor plans to increase sales. This morning’s report also shows […]
FTSE Flat Start To The Week Ahead Of Economic Data, While Miners Support

FTSE Flat Start To The Week Ahead Of Economic Data, While Miners Support

Image Source: Pixabay  On Monday, the UK’s FTSE 100 encountered a modest decrease, attributed to Investor sentiment appearing cautious as they braced for a succession of economic data releases scheduled throughout the week. The blue-chip FTSE 100 registered a decline of 0.3% during this session, offset by mining stocks that supported the commodities-centric index driven by […]