Category Archive: Finance
Volatility Crash
Everywhere you look – – green, green, green, lifetime highs, soaring charts, with one notable exception. Volatility, of course! The fear index VIX has, in just 1.5 years, collapsed from 53.29 to almost the single digits. Indeed, there is only ONE time in the past decade it’s been even a little bit lower, and that was back on January 27th. […]
5 Best Performing No-Load Mutual Funds Of Q1
Investors always aim to make the best out of their total invested capital. Although choosing mutual funds with best returns is the principal goal of investors, they also aim to reduce their expenses while buying or selling funds. Due to this reason, no-load funds with low expense ratios are always targeted. In the first quarter, […]
Strong Momentum Supports Nasdaq’s Break Above 6000
Not only did the Nasdaq Composite make a new all-time high as it exceeded 6000 by mid-day today (Tuesday, April 25), but it did so on record-high momentum, as shown on the following Monthly chart. As I mentioned in my post of April 21, I believe that the Technology sector (NDX) holds the key to support a new bull equity market, which I discussed […]
The Biggest Risk Of Passive Investing
There’s been a lot of outcry over the years about how passive investing is creating all these new risks. High fee active managers are always critical because they say silly things like “indexing is average” (see my response). Some other people say it’s hurting the economy (see my response). Others have even compared it to […]
USD/CAD: Is This Just The Beginning? 1.40 Is Next?
Trump calls out timber to the northern neighbor. Trudeau says Canada will respond firmly and reasonably. The issues of milk and lumber cause tension. The loonie is higher. What’s next? Here are two opinions: Here is their view, courtesy of eFXnews: USD/CAD: Breakout: A Strong Chance Of Hitting 1.40 – SocGen Societe Generale FX Strategy Research notes […]
Richmond Fed Manufacturing Survey Again Improves In April 2017
Of the four regional Federal Reserve surveys released to date, all are in expansion. Analyst Opinion of Richmond Manufacturing For the fourth month, the regional Fed surveys seem to be saying uniformly that growth is expanding. The Richmond Fed subcategories were strong – especially new orders. Market expectations from Bloomberg/Econoday was 15.0 to 20.0 (consensus […]
New Home Sales Near Post Crisis High
New homes sales rose at a seasonally-adjusted annualized rate (SAAR) of 621,000 in March vs. an Econoday expectation of 588,000. All elements are kicking in for housing right now with prices showing strength, permits moving up, and also sales on the climb. New home sales came in much stronger than expected, at a 621,000 annualized rate in […]
McDonald’s Corp Reports 4% Rise In Global Sales Including Its Flagship U.S. Market
McDonald’s Corp. (NYSE: MCD), says its sales rose in the first quarter, including in the flagship U.S. market where it has been promoting different sizes of Big Macs and drink deals noting that its U.S. business “continues to focus its efforts on driving guest count growth.” By BNN.ca MCD, the world’s largest burger chain, says Q1: […]
