Category Archive: Finance, No picture
T-Bill/10yr Spread Is A Lesson In Behavioral Finance
“Davidson” submits: I consider the T-Bill/10yr Treas to be a proxy for market psychology. You could call it ‘Behavioral Finance’. There is a lot of talk of ‘market tops’ and pending ‘collapses’. This talk has been with us since this investment cycle began in Spring 2009. It is market psychology based on recent market prices. […]
September Retail Sales Fizzle: 0.1% Gain Vs. 0.6% Expected
Economists missed the mark badly on retail sales. And August retail sales were revised from 0.1% to flat. The Census Bureau’s Advance Retail Sales Report for September shows unexpected weakness. Advance estimates of U.S. retail and food services sales for September 2018, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were […]
Barclays Remains Bullish On GE, Says Earnings Date Push-Back ‘Not A Negative’
In a research note this morning, Barclays analyst Julian Mitchell told investors he does not see the push-back of General Electric’s (GE) earnings date to October 30 from October 25 as a negative, as he believes it increases the likelihood of the company’s new CEO will be able to provide more thorough “forward looks,” rather […]
Gold Shorts About To Get Burned
The Gold COT report shows gold shorts piling on in addition to long liquidation. Meanwhile, the price of gold is rising. Gold Daily Chart This is an incredibly price-bullish setup. Buy Gold.
Janet Yellen Reminds You That If A Halfway Politicized Fed Is Bad, A Completely Politicized Fed Is By Definition Worse
Obviously, presidents can speak out if they choose to and give their opinions about policy. There’s no law against that, but I don’t think it’s wise. That’s from your fairy godmother, Janet Yellen, who spoke in Washington on Monday at a banking forum. She is, of course, referring to Donald Trump’s ongoing efforts to set […]
Treasury Snapshot: 10-Year Yield At 3.09%
Note: We’ve updated this commentary with data through Friday’s market close. Let’s take a closer look at recent activity in US Treasuries. The yield on the 10-year note ended Friday at 3.09% and the 30-year bond closed at 3.25%. Here is a table showing the yields highs and lows and the FFR since 2007 as […]
Brexit – The Reality Check Is Coming While The Brexit Clock Is Ticking
When Theresa May handed in the UK intention to withdraw from the European Union she set off a two-year clock in which the UK is supposed to negotiate a withdrawal Treaty and also a strong political statement of intent concerning the basis for a future trading relationship between the UK and the 27 remaining EU […]
Market Alert: 5 Stocks To Buy On The Dip
Stock market corrections are painful, particularly for growth stocks, but volatile market conditions often allow investors to enter (or buy more of) a stock at an attractive entry point. Right now the markets are looking choppy, but some commentators still hold a year-end rally in sight. “Certainly, it’s a volatile time,” Ned Davis Research’s Ed Clissold told […]
Gold Market Update – The 7-Year Bear Market Phase Is Over…
Thursday last week was a momentous day for the Precious Metals sector with gold, GDX, and other índices, and giant gold ETF, GLD all breaking out on impressive volume, and this development was all the more extraordinary because it happened when the broad stock market was crashing. This is viewed as a strong sign that instead of […]
