Category Archive: Finance
BBY Best Buy Earnings Report 08/29/17 – Weekly ElliottWave Count
BBY Best Buy Inc. (NYSE:BBY) earnings report is due this week on Aug. 29 before the market opens. The earnings report will be for the fiscal Quarter ending July 2017. According to Zacks Investment Research, based on 12 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.63. The reported EPS for the same […]
This Just Happened And It Happens Before Every Bear Market
Obscure indicators are warning investors of bad times ahead. These indicators are useful. But it’s difficult to find the data to follow them. I’m looking at market breadth indicators. Breadth indicators count how many stocks are moving up or down. That’s important information. A bull market can only continue when most stocks are moving up. When too many […]
E End Of August Is Usually Bearish
As reported by the Almanac Trader, over the last 21 years, the last four trading days of August have been somewhat bearish. The lone exception to this trend appears to be the small-cap Russell 2000 index which has managed a small average gain of 0.04% while advancing 12 times (57.1% of the time). The worst […]
Which Is Better: A Human Financial Advisor Or A Robo-Advisor?
Robo-advisors are everywhere you turn. Or, so it seems. These automated online investment platforms appeal to new and younger investors, but they can be a good fit for seasoned pros as well. The key to deciding whether to go robo-advisor or human financial advisor is to understand what’s right for you and your financial […]
A Stock Market Correction Is Imminent
This has been a frustrating earnings season for investors. It’s not that the companies are doing poorly. They are actually topping estimates more than usual. It’s that investors aren’t rewarding them for beating estimates. But, in a broader sense, this anomaly, which hasn’t occurred since 2011, is a sign that a correction is looming. Punished […]
E Despite Concerns About Brexit, Terrorism And Immigration, Euro Zone’s Economy Has Visibly Improved
“The Eurozone’s outlook has improved markedly since the start of the year. Momentum from the first quarter seems to have extended to Q2 based on strong manufacturing and services purchasing managers indices. The composite PMIs in both Germany and France jumped to six-year highs in May…Eurostat data shows employment rising to an all-time high in […]
What’s The Biggest Tail Risk? CBs, Bond Market Crash, Or ETF/Quants
To be sure, it’s tempting to chuckle wryly when central banks talk about financial stability. After all, pretty much anyone you care to consult will tell you that central banks themselves are now far and away the greatest risk factor when it comes to markets and more than a few commentators are steadfast in the […]
Japanese Yen Gains As Markets Start The Week In A Sour Mood
Talking Points: Yen gains as sentiment sours at the start of the trading week S&P 500 index futures point to continued risk aversion ahead US political volatility a threat amid NAFTA renegotiation The Japanese Yen edged up in otherwise quiet Asia Pacific trade. The perennially anti-risk currency edged higher, seemingly looking past a mixed performance across regional bourses […]
Gold And Miners Finally Bust Out
As I wrote on August 24th regarding junior miners, “…as I look at the miners, I’m seeing signs of life. If you believe the breakout is meaningful and want to amp up your commitment, a good way to do it would by via the triple-bullish ETF symbol below, which itself has had a clean breakout from a rather […]
Indian Indices Continue Momentum; IT Sector Up 1.4%
After opening the day higher, stock markets in India have continued their momentum. Sector indices are trading on a positive note with stocks in the realty sector and IT sector witnessing maximum buying interest. The BSE Sensex is trading up 148 points (up 0.5%) and the NSE Nifty is trading up 48 points (up 0.5%). The BSE Mid Cap index is trading up by 0.9%, while the BSE […]
