Category Archive: Finance
Are CTAs Behind The Bond Rally
Well, anyone who was frustrated with 10Y yields closing in on a 1 handle is likely a little less irritated on Monday. The broad risk-on move now has yields up some 7bps on 10s, although in the grand scheme of things, 2.12 and change probably isn’t what everyone had in mind in January when “short […]
S&P’s Irma-Relief Rally Erases “Fire & Fury” Losses
“Fire & Fury”, Gary Cohn concerns, North Korean missiles over Japan, Hurricane Harvey, North Korean Hydrogen Bomb tests, and now Hurricane Irma… and stocks are higher… As Bob Pisani said “it just does not want to go down”.
Three Massive Bubbles In 17 Years: When Will This One Bust? A 60% Decline Coming?
John Hussman’s presents a message no one wants to hear because nearly everyone is too busy believing for the third time in 17 years that “It’s different this time”. Last week Hussman wrote about Valuations, Sufficient Statistics, and Breathtaking Risks. This week it’s more of the same with his post Behind the Potemkin Village. The markets are […]
AUDUSD Daily Analysis – Monday, Sept. 11
AUDUSD remains in the uptrend from 0.7807, the fall from 0.8124 is likely consolidation of the uptrend. Near-term support is located at the bullish trend line on the 4-hour chart. As long as the price is above the trend line, the upside movement could be expected to continue and next target would be at 0.8162. On […]
Irma Aftermath Puts These ETF Areas In Focus
The effect of the highly talked-about Hurricane Irma was weaker than feared in Florida but the level of destruction was still pretty high. The cost of the storm varies from analyst to analyst. As per the guardian, “the economic cost of Hurricane Irma could rise as high as $300 billion” as it ravaged homes, businesses and […]
Jefferies Says Cryptocurrency Not A Fad, Sees No Imminent Risk For Nvidia, AMD
While commenting on cryptocurrency exposure at both Nvidia (NVDA) and AMD (AMD), Jefferies analyst Mark Lipacis argued that the risk of a “crypo-driven” inventory correction driving material downside is low in the near-term. CRYPTOCURRENCIES NOT ‘A FAD’: In a research note this morning, Jefferies’ Lipacis told investors that he estimates cryptocurrency revenues accounted for about […]
Middle-Class Chinese Say A $1,000 IPhone Is “Too Expensive”
Apple Inc. had hoped that its iPhone eight might demolish the company’s sales records in China as the country’s burgeoning middle class embraced the phone, thanks in part to its name: Eight is considered a lucky number in Chinese culture, signifying wealth and fortune. Unfortunately for the world’s most valuable company, this calculus isn’t playing […]
5 Top-Ranked Biotech Stocks To Buy Right Now
Biotech stocks are back in favor thanks to two recent major developments that led to a rally in the sector. The first catalyst was Gilead Sciences’ (GILD – Free Report) announcement that it will be acquiring immunotherapy focused company, Kite Pharma (KITE – Free Report) while the FDA approval of the first gene therapy in the United States, Novartis […]
E Weekly Energy Roundup: Offshore Drilling Companies
For quite some time, I published a series of articles over at Seeking Alpha that tracked the performance of six offshore drilling companies. Quite some time ago though, I let that series fall by the wayside. In the interim, the offshore drilling industry went through one of its worst periods in history and I ended […]
Academic Research Insight: Do Dividends Still Matter?
What are the research questions? Research has shown that dividends constitute a greater contribution to the returns of a value versus a growth strategy. However, the question remains as to whether or not dividends matter within a style category. For style investors, does dividend policy determine success relative to non-dividend payers while holding investment style […]
