Category Archive: Finance
U.S. Banks Are Still Cheap – But How Much Good News Has Already Been Priced In?
U.S. large cap banks are now more than 65% above the lows from last June which should come as no surprise given the fact that they are the only sector that can directly benefit from rising interest rates and if we assume some dialing back in financial regulation as the Trump administration promises. The question […]
Time, The Biggest Risk
If there is still no current or present indication of rising economic fortunes, and there isn’t, then the “reflation” idea turns instead to what might be different this time as compared to the others. In 2013 and 2014, it was QE3 and particularly the intended effects (open ended and faster paced, a bigger commitment by the […]
Daily Trading Opportunities – Friday, March 10
During the session on Friday, we get a handful of announcements that could move the market, most significantly industrial numbers coming out of the United Kingdom. Ultimately, it’s likely that the market will continue to be a reasonably choppy. WTI Crude Oil The WTI Crude Oil market has collapsed, and it appears that any time […]
Noted Forecaster Sean Spicer On CBO Projections
From The Hill: If you’re looking at the CBO for accuracy, you’re looking in the wrong place,” White House press secretary Sean Spicer said Wednesday. Since Mr. Spicer’s BA is in government rather than economics, I thought it useful to consult some documentation based on quantitative assessment. Here are three graphs from CBO, “CBO’s Economic Forecasting Record: […]
Quiet, Almost Too Quiet
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 2 = 20,858 SPX + 1 = 2364 NAS + 1 = 5838 RUT – 5 = 1360 10 Y + .05 = 2.60% OIL – .53 = 49.75 GOLD – 7.20 = 1201.80 Stocks dipped in afternoon trade but held on for […]
Fossil Fuels Are Toast – But Real Assets Are Still The Place To Be
With all the oil-related headlines we’re exposed to each day, you might assume that “black gold,” along with other fossil fuels like coal and natural gas, matter to humanity’s future. You’d be wrong. Like Keynesian economics and fiat currencies, fossil fuels are near the end of their run. From here on out, solar is the […]
Get Ready – Employment Report Shows Risk Ahead
The indexes finished the day massively unchanged. However, Oil and Bonds continues to move lower ahead of the job report on Friday. All eyes on the job report as this seems to be the most important one to come out in a while. It’s the last major economic report before the Fed decides a potential […]
Finisar Corporation Q3 Earnings And Outlook Fall Short
Finisar Corporation (Nasdaq: FNSR) posted worse than expected earnings and guidance, sending its shares plummeting as much as 14% in aftermarket trading.
In And Out Of The Market’s Bulls-Eye
“You sit on the bulls-eye and I will wrap my neck around yours to keep you there,” one Brontosaurus says to another Brontosaurus. If you can imagine the Brontosaurus outside the bulls-eye as the indices and the one sitting on the bullseye the Modern Family, you’ll have a pretty good idea of the market battle […]
Trend Reversal Indicator: Sell Signal Confirmed
The SharePlanner Trend Reversal Indicator is flashing all sorts of bearishness And it is worth noting that there hasn’t been a bearish reversal signal on the indicator since August of last year, which led to a 100-point reversal in the markets over the course a three month period. Obviously that came to an end when […]
