Category Archive: Finance, No picture
Weekly Technical Perspective OnThe US Dollar (DXY)
Updated weekly technicals for US Dollar (DXY) – Breakout testing first major resistance hurdle. In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. The US Dollar Index is up more than 9.3% off the yearly lows with the advance now approaching initial topside objectives. Here […]
The Smoke Thickens In China
A major part of any yield curve is inflation expectations. Nominal growth, particularly toward the longer end of curves, sets the agenda for trading. But further out there are several confluences that may cause distortions. For Economists, these are conundrums. There are times, however, when curve dynamics remain pretty simple. These are not usually the […]
How Trump’s War On Regulation Is Trickle-Down Economics
When Trump’s not blaming foreigners for everything that ails America, he’s blaming regulations. Last week he even blamed regulations for the wildfires now ravaging California. They’re “made so much worse”, he tweeted“, by the bad environmental laws which aren’t allowing massive amount[s] of readily available water to be properly utilized.” I have news for Trump. California’s […]
Riding With Elliott Management After It Labels Nielsen As “Undervalued”
Nielsen NV (NLSN) crashed to new all-time lows at the same time Facebook (FB) ran into its own historic post-earnings buzzsaw. At the time, I noted NLSN’s bad news about the business of monetizing user data was seemingly overshadowed by Facebook’s woes. NLSN’s operational difficulties seemed to warn investors to brace for more weakness ahead. With […]
Bayer Drags Scotts Miracle-Gro Down After Monsanto Weed Killer Ruling
Shares of Bayer (BAYRY) trading in New York are sliding after the recently acquired Monsanto was ordered to pay $289M by a California court, who found it liable in a lawsuit alleging that the company’s Roundup caused cancer. Commenting on the news, JPMorgan analyst Richard Vosser told investors that the selloff in the shares is […]
S&P 500 Near January Peak As Record-Setting Earnings Season Winds Down
Sparkling. Spectacular. Stellar. Sterling. Stupendous. Super. …and those are just the adjectives starting “Sp” through “Su” that describe Q2 earnings season for the S&P 500. Through Friday, 91% of the companies in the S&P 500 had reported earnings, and according to the earnings mavens at FactSet, this earnings season has broken all sorts of records. […]
Bearish USD/JPY Sequence Keeps Downside Targets On Radar
JAPANESE YEN TALKING POINTS USD/JPY dips to a fresh monthly-low (110.11) as the latest adjustment in U.S. trade policy fuels the risk for a global trade war, and recent price action keeps the near-term outlook tilted to the downside as the exchange rate continues to carve a series of lower highs & lows. BEARISH USD/JPY SEQUENCE […]
China’s Coming Austrian Collapse
“The coming collapse of China” has been predicted many times. Indeed, an excellent book of that title was a best-seller back in 2001. Yet the fictitiousness of Chinese economic statistics remains, and the over-leverage in the economy worsens. Like several other successful non-market economies, China has successfully sought rents from other countries through flaws in […]
How To Obtain Leverage Without Margin Or Loans
Tamara buys a stock market index (VTI) and reinvests her dividends. She doesn’t use leverage. She began investing exactly ten years ago and has made 178% on her investments, for an annualized return of 10.76%. Her initial $100,000 investment is now worth $278,000. Jessika buys the same stock market index and reinvests her dividends. But she does use […]
Redfin Waves A Red Flag Warning At The Housing Market
Redfin (RDFN) may have provided one of the first validations of the (presumed) investor fears that have weighed down the stocks of home builders since the February sell-off. In its last earnings report on August 9, 2018, RDFN provided this brief, yet significant, warning: “We expect U.S. home sales growth to slow and even perhaps reverse […]
