Category Archive: Finance
Matching Up
Mixing and matching is famous in the garment industry for being useful. Matching is also an important part of nearly ever sport, especially the team sports like football, basketball, and baseball. For example, good coaches and managers often try to identify situations in football and basketball where a superior player is being defended by a […]
Uber Under Fire As Ride-Hailing Firm’s Valuation Falls
Uber was supposed to disrupt the existing, entrenched taxi industry in countries around the world and redefine ridesharing, benefiting both customers and the environment with lower costs and fewer trips travel via the ride-hailing revolution. From the start, Uber’s business model was based on achieving market dominance. The company massively subsidized (and still does) customers’ […]
World’s Largest Ad Company Crashes After Dismal Earnings, “Terrible” Guidance
If Tuesday’s tape bomb came courtesy of the most prominent UK subprime lender, Provident Financial, which plunged over 70% after it gave a “clearly awful” business update coupled with the resignation of its CEO, Wednesday’s market shock belongs to ad giant,update coupled with the resignation of its CEO, the market shock belongs to ad giant, WPP, whose […]
Gold Stocks Quietly Leading Gold
Welcome to the dog days of summer. The low volatility in precious metals continues. Janet Yellen or some other Fed heads said something Friday. Precious Metals sold off but quickly recovered. It appears that not much has transpired in recent weeks as precious metals grind higher, albeit slowly. However, while it may be a fledgling […]
GBP: Signs Of Stability Begin To Emerge
Talking Points: With London traders out Monday for a public holiday, the week will start with a whimper. However, it will end with the most important data point of the week, the UK manufacturing PMI. Meanwhile, technically, the British Pound is better placed than it has been for a while. Fundamental Forecast for GBP: Neutral It’s a public holiday in […]
Want To Leverage EM Bond Gains (Or Losses)? Here’s An ETF
The hunt for yields is common in a low rate environment. This holds good for investors in the U.S. market where yield on the 10-year U.S. Treasury note was hovering around 2.22% as of August 22, 2017, despite two rate hikes this year. As a result, investors turn to emerging market bond ETFs in search […]
Where Do Consumers Spend The Most Money? (Answer Will Likely Surprise You)
In Dealers “Wildly Overweight” SUVs as Sales Slow, I commented “Vehicles account for 20% of retail spending. A crash or even a significant slowdown will impact retail sales and thus GDP.” A reader asked me how I calculated that. Let’s take a look. My number came from the latest Census Department Advance Retail Sales Report. Here are some […]
Trade Day Friday — September Momentum Rankings
Aug 25 was the last Friday in August. Hence, it is a trade day Friday. For backtesting purposes, trade day Fridays are assumed bought. Non trade day Fridays are reported each week although the results are not followed. Although never tested, there should be no reason why any Friday should be preferred over another. Trade […]
Retail Prepares To Resume Downtrend
I had been having a grand old time shorting retailers, but they picked up some serious strength last week. In spite of this, I think the pattern is wholly intact, and the bounce to the neckline merely presents another shorting opportunity. From what I’ve read, next week is seasonally super-bearish, so we’ll see if we […]
