Category Archive: Finance
Hurricane Harvey To Impact GDP
We are in a new world this year in terms of the economic recovery. This year we’ve seen earnings beating the estimates from before the bar was lowered a few weeks before the reports. For the past few years we saw estimates lowered and the lowered estimates beaten. It was a game of misdirection as […]
Years Ending In 7 Stocks Do This In October
It has been proven repeatedly by various market experts that stock market cycles exist. Whether you believe in them or not that is up to you, but as a technical trader myself I see price action repeat on virtually all time frames from the intraday charts, to daily, weekly, monthly, quarterly, yearly, and beyond. In […]
Will Despacito Save Puerto Rico And Puerto Rican Stocks?
If you don’t know what Despacito is, I will explain it in a minute. But first, lets talk about Puerto Rico. The Commonwealth of Puerto Rico is a territory of the United States. Back in 2015, Puerto Rico defaulted on $58 million in bond payments. Then things got worse with more defaults, and all these problems appear […]
Vehicle Miles Traveled: Another Look At Our Behavior
The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through June . “Travel on all roads and streets changed by 1.2% (3.4 billion vehicle miles) for June 2017 as compared with June 2016.” The less volatile 12-month moving average was up 0.1% month-over-month and 1.0% year-over-year. If we factor in population […]
Market Talk – Thursday, August 31
A solid day for the Nikkei today closing up +0.7% but have watched yen trade comfortably with a 110 handle all day. Talk in Japan is very much concentrated on Theresa Mays three day visit and the possible speculation surrounding Japan/UK trade deal. There was a sense that today’s session seemed a rebalancing after the […]
Bitcoin Surges To New Record High, Overtakes Paypal & Netflix, Nears Morgan Stanley’s Market Cap
Amid chaotic swings in the dollar, and flash-crashes in precious metals, it seems anxious global investors have pushed into cryptocurrencies as a safe-haven overnight with the top 5 virtual currencies all soaring. Bitcoin has reached a new record high at $4740… Pushing its total market cap near that of Morgan Stanley. Bitcoin is now bigger than 425 […]
Gasoline Soars On Harvey Disruption, Crude Falls Despite Big Draw
The U.S. Energy Department’s inventory release showed that crude stockpiles recorded another massive drop on continued strong refinery runs. With oil supplies falling for the ninth week, investor sentiment has turned slightly positive on dissipating fears about a meltdown to sub-$40 levels. Analysts also believe that the trend, if sustained, could help tighten the market […]
Where Next For U.S. Equities And The YM?
Whilst August is generally a month of relaxation and rest, for the US indices it has been one of turmoil and tumult, signified with wild swings of collapse and recovery with the market swinging violently in a wide range. Long gone are the days of stately progress higher in measured and even paced steps, as […]
Agriculture Markets Report – Thursday, August 31
A review of the day’s trading in the agriculture markets. Video length: 00:14:43
Don’t Get Burned By FIRE
For those not familiar, there’s a corner of the internet for which FIRE is an acronym. FIRE stands for “Financially Independent, Retire Early.” There’s a thriving community around this idea of FIRE which you can find on Reddit here. While most of my clients are in their 50s and 60s, many (not all) of them eagerly […]
