Category Archive: Finance, No picture
Gold Price Could Drive Higher After Dovish Remarks From Fed Officials
FUNDAMENTAL FORECAST FOR GOLD: BULLISH Safe haven demand has waned as equities have regained their footing Dovish remarks from Chairman Powell and Atlanta’s Fed President Bostic could prove bullish for the precious metal Bearish retail trader sentiment remains a source of conflict for gold’s fundamental landscape GOLD PRICE SEES UPSIDE POTENTIAL Gold etched out some […]
Does China Have Enough Gold To Move Toward Hard Currency?
Are the Chinese Keynesian? We can be reasonably certain that Chinese government officials approaching middle age have been heavily westernized through their education. Nowhere is this likely to matter more than in the fields of finance and economics. In these disciplines there is perhaps a division between them and the old guard, exemplified and fronted […]
ECRI Weekly Leading Index Update: “Construction Crumbling”
Friday morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 145.7, up from the previous week’s 145.6. Year-over-year the four-week moving average of the indicator is now at 0.12%, down from last week. The WLI Growth indicator is now at -3.01, also down from the previous week. “Construction […]
E Americans Are Staying Put In Their Homes Longer Than They Used To
One of the by-products of the US housing cycle starting to slow down is that there is considerable uncertainty affecting the urge to buy a new house. The latest data indicate that the median length of time Americans have owned their homes rose to a record high of more than eight years as of the […]
Weekly Recap: Factors, Opportunity Zones, And Hedge Funds
Video length: 00:15:01 This week Ryan and I discuss three topics. First, we examine the returns to U.S. stock broken down by (1) size and (2) factors (mega-cap stocks were the place to invest over the last 5 years!). Second, we examine a post by Adam Tkaczuk on Opportunity Zones–a must read for those with low basis […]
The Perfect Time Frame For The Retail Trader
I’ve been running a variety of my algos, both for the BK chat room and for my own account, and the longer I trade the variations the more it becomes evident that the one hour chart is the perfect frame for the retail trader. There are two principal reasons for this. The one hour is […]
Retail & Infrastructure Offer High Yield Dividend Stocks
In today’s video, Ryan McQueeney highlights one of the newest additions to the Zacks Income Investor portfolio: Chico’s FAS CHS. Chico’s FAS is a retailer and women’s clothing company. It operates Chico’s, White House Black Market, and Soma branded stores and e-commerce platforms. The stock has had a rough few years, but its earnings outlook has […]
GBP: Brexit Chaos Leaves Sterling Still Vulnerable To Whiplash Moves
FUNDAMENTAL FORECAST FOR GBP: NEUTRAL STERLING (GBP) TALKING POINTS: UK PM may still face a leadership challenge. Sterling roiled by a constant flow of Brexit bad news. With the current fractured political backdrop within the UK, taking a position in Sterling has become a very risky trade as technical and fundamental analysis can be rendered […]
RecessionAlert Weekly Leading Index Update – Saturday, Nov. 17
The latest index reading came in at 8.8, up slightly from the previous week. RecessionAlert launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes that […]
A Look At Mortgage REIT ETFs Post Q3 Earnings
Flattening of the yield curve has acted as a headwind for mortgage REITs (mREITs) lately. This is because mortgage REITs borrow money at short-term interest rates and when they buy mortgages, they lend it at rates near the higher long-term rates. But overall, rising rate environment is a negative for the space known for hefty yields. (read: Fed […]
