Category Archive: Finance
The Future Of Banking Probably Isn’t Banking
I spent over 10 years working for a bank and I loved it. I think their days are numbered though, probably; mainly as I believe the services and products they provide will be gradually replaced by large tech companies who have better relationships with consumers. It’s a much-written-about fact that companies don’t want to become […]
The $2.5 Trillion Paradox: “While The Short End Is Optimistic, The Long End Has Never Been More Pessimistic”
Last weekend, as Deutsche Bank’s derivatives strategist Aleksandar Kocic was looking at the spread between the short and long end of the curve, and while contemplating the lack of market volatility, he concluded that “given where long rates are, Fed appears as overly hawkish – it has only two more hikes to go and, for volatility and risk […]
Gold Prices Retreat From Monthly Highs As USD Mounts Counter-Offensive
Fundamental Forecast for Gold: Neutral Gold prices fall near two-month lows, CPI to confirm / trigger near-term low Gold prices are markedly lower this week with the precious metal down 1.70% to trade at 1281 ahead of the New York close on Friday. The losses come amid a rebound in the dollar with the DXY up more than […]
One ‘Ominous’ Sign For The Vol. Sellers: Fatter Tails
October was supposed the month when volatility returned. Or maybe not. Actually no one believed that. Seasonality made for some good “watch out” posts, but the reality of the situation is that between the central bank/market communication loop, the dynamics and perverse incentives that loop creates, and the vol. suppressing effect of indiscriminate flows, there’s […]
The Dow, Fed Chair Decision And Tech Monsters
Stocks had a fantastic run on Friday. A sign of the times was how GE stock rallied in the face of disappointing results to close up 0.97%. EPS was 29 cents, missing the estimates for 49 cents and the full year guidance was cut from $1.60-$1.70 to $1.05-$1.10. The S&P 500 was up 0.51% and […]
5 Stocks To Watch This Week 10/23 – CMG, GOOGL, INTC, AMZN, XOM
We look at the community consensus for earnings results this week for five market-moving companies. Chipotle Mexican Grill (CMG) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports October 24, after the close. The Estimize consensus calls for EPS of $1.73, thirteen cents higher than the Wall Street consensus, with revenues nearly in-line at $1.15B. […]
An Awful Lot Of Green And Upgraded Models
We’ve got a new week on tap so let’s get started with a review of my key market models/indicators and see where we stand. To review, the primary goal of this exercise is to try and remove any subjective notions about what “should” be happening in the market in an attempt to stay in […]
Time For Caution In Gold Miners
Last week we noted the likely negative impact of a sustained rebound in the US Dollar on Gold. Recent weakness in precious metals has not been much of a surprise considering the sector’s relative weakness months ago amid a weak US Dollar. While the greenback has bottomed, it has yet to push above resistance at […]
What To Expect From Halliburton Monday
Halliburton (HAL) reports Q3 earnings Monday. Analysts expect revenue of $5.35 billion and EPS of $0.37. The revenue estimate implies 8% growth sequentially. Investors should focus on the following key items: North America Should Deliver Again North America land drilling was characterized by cut throat competition after oil prices diverged to the down side in […]
