Category Archive: Finance
EC HH Update: Global Asset Allocation
The risk budgets this month are again unchanged. For the moderate risk investor, the allocation between risk assets and bonds remains at 40/60 versus the benchmark of 60/40. The changes in our indicators since last month’s update have not been sufficient to warrant a change. Credit spreads did narrow significantly over the last month but […]
E A Major Bear Market Sign Is Developing
I’ve outlined some very dependable markers of bear turns now developing in our stock market in some recent articles.I don’t like being a such sour puss as I mainly like analyzing individual stocks and seeing them climb. All I ask of the market is to leave my individual stocks alone. A flat, boring market is […]
Core Market Risk Clears
All of my core market health indicators bounced around this week without much change. However, my core measures of risk moved enough to go positive. This changes the core portfolio allocations as follows: Long / Cash portfolio: 40% long and 60% cash Long / Short hedged portfolio: 70% long high beta stocks and 30% short […]
Record Low U.S. Rig Counts: Rig Count Capitulation?
Baker Hughes (BHI) Rig Count Data shows the total U.S. rig count is 480, down by 9 in the last week. North American rig counts declined by 40 to 578. Canada accounts for 31 of the North American decline. Citing Baker Hughes, MarketWatch reports “The previous record US low was at 488 rigs on April 23, 1999. The number […]
Testing Critical Resistance Here: My Three Observations
This rally has come out of nowhere, and it is doing it completely overbought prior to today. The run-up into two key resistance points that conjoined at one specific price point, creates the potential for the market to fail here and not have anything left in the tank that would allow for it to break through. See for yourself:
Sector ETFs To Benefit From Global Negative Interest Rates
The world is heading toward negative interest rates policies (NIRP) to stimulate sagging growth and prevent deflationary pressure. Most central banks, including the ones in Japan, Sweden, Switzerland, Denmark and Europe have adopted this policy. The central bank of Denmark was the first and foremost to set a negative tone for rates in mid 2012. […]
Mario Draghi Got Lost In A Rabbit Hole
I’ll try and keep this gracefully short: Mario Draghi ‘unleashed’ a bazooka full of desperate tools on the financial markets yesterday and they blew up in his face faster than you could say blowback or backdraft (and that’s just the start of the alphabet). This must and will mean that Draghi’s stint as ECB head […]
Biotech Investing Guide: 3 Stocks To Buy And 3 To Avoid
The biotech sector, which has outperformed over the last few years, has not exactly had a great start this year — the Nasdaq Biotechnology Index is down 22.2% year-to-date. Compare this to 11.9% growth during the same period last year and one wonders whether the dream run for the sector is over. The sector has […]
The Best Dividend ETF: Data-Driven Answers
Charlie Munger has a fitting analogy for investing markets; racetrack betting. “The model I like to sort of simplify the notion of what goes on in a market for common stocks is the pari-mutuel system at the racetrack. If you stop to think about it, a pari-mutuel system is a market. Everybody goes there and […]
Silver Outbreak: Investment Demand Will Totally Overwhelm The Market
It’s no secret to the precious metal community that silver is one of the most undervalued assets in the market, however 99% of Mainstream investors are still in the dark. This was done on purpose to keep the majority of individuals invested in Wall Street’s Greatest Financial Ponzi Scheme in history. You see, this is […]
