Category Archive: Finance
Vehicle Miles Traveled: Another Look At Our Behavior
The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through June . “Travel on all roads and streets changed by 1.2% (3.4 billion vehicle miles) for June 2017 as compared with June 2016.” The less volatile 12-month moving average was up 0.1% month-over-month and 1.0% year-over-year. If we factor in population […]
Market Talk – Thursday, August 31
A solid day for the Nikkei today closing up +0.7% but have watched yen trade comfortably with a 110 handle all day. Talk in Japan is very much concentrated on Theresa Mays three day visit and the possible speculation surrounding Japan/UK trade deal. There was a sense that today’s session seemed a rebalancing after the […]
Bitcoin Surges To New Record High, Overtakes Paypal & Netflix, Nears Morgan Stanley’s Market Cap
Amid chaotic swings in the dollar, and flash-crashes in precious metals, it seems anxious global investors have pushed into cryptocurrencies as a safe-haven overnight with the top 5 virtual currencies all soaring. Bitcoin has reached a new record high at $4740… Pushing its total market cap near that of Morgan Stanley. Bitcoin is now bigger than 425 […]
Gasoline Soars On Harvey Disruption, Crude Falls Despite Big Draw
The U.S. Energy Department’s inventory release showed that crude stockpiles recorded another massive drop on continued strong refinery runs. With oil supplies falling for the ninth week, investor sentiment has turned slightly positive on dissipating fears about a meltdown to sub-$40 levels. Analysts also believe that the trend, if sustained, could help tighten the market […]
Where Next For U.S. Equities And The YM?
Whilst August is generally a month of relaxation and rest, for the US indices it has been one of turmoil and tumult, signified with wild swings of collapse and recovery with the market swinging violently in a wide range. Long gone are the days of stately progress higher in measured and even paced steps, as […]
Agriculture Markets Report – Thursday, August 31
A review of the day’s trading in the agriculture markets. Video length: 00:14:43
Don’t Get Burned By FIRE
For those not familiar, there’s a corner of the internet for which FIRE is an acronym. FIRE stands for “Financially Independent, Retire Early.” There’s a thriving community around this idea of FIRE which you can find on Reddit here. While most of my clients are in their 50s and 60s, many (not all) of them eagerly […]
Strength Is Back In Black
“You’ve got to say, I think that if I keep working at this and want it badly enough I can have it. It’s called perseverance” – Lee Iacocca Strength is back, and we’re in the black! Indexes and stocks are breaking out en masse. Maybe it’s window dressing to end August but maybe it’s real. […]
U.S. Stocks: Does The Recent Pullback Have More To Go?
Stock markets warning signs to keep your eye on. Video Length: 00:04:54
Gold Pops, S&P Stops, And Bonds Have Best Month Since Brexit
One look at the last few days in stocks and all we can say is… Video length: 00:00:06 Gold and The Long Bond were the best performers in August with stocks and the dollar unchanged-ish. Trannies were best among the major indices in August followed by Nasdaq. Small Caps lagged. S&P just managed to close green […]
