Category Archive: Finance, No picture
Q3 ETF Asset Flow Roundup: What’s Hot & What’s Not
Despite escalation in U.S.-China trade tensions, emerging market meltdown especially in Turkey and Argentina, and rounds of tech sell-off, global stock indexes ended the third quarter on a positive note. American stocks were the biggest gainers backed by the dual tailwinds of solid corporate earnings and an improving economy. On the other hand, many emerging […]
S&P 500: All Systems Go Heading Into Earnings Season
On Monday, we flipped the calendar into a new week, month, and quarter, and beyond the weather getting cooler (at least for Northern Hemisphere readers!), that means that we’re on the verge of another quarterly earnings season for US stocks. Looking back at the performance of US companies and stocks over the last three months […]
Treasury Yields: A Long-Term Perspective – Tuesday, Oct. 2
Let’s have a look at a long-term perspective on Treasury yields as of the August 20th close. The chart below shows the 10-Year Constant Maturity yield since 1962 along with the Federal Funds Rate (FFR) and inflation. The range has been astonishing. The stagflation that set in after the 1973 Oil Embargo was finally ended […]
How Is The Trade War Going, And An Underappreciated Risk
It looks like a new, renamed NAFTA has been negotiated. This is no surprise; I said as much last month. All sides had too much to lose and too much to gain for it not to get done. It’s possible that the Democrats will hold it up in congress just to spite Trump, but probably […]
5 Top Healthcare Mutual Funds To Buy In October
Traditionally, October has been a weak month for stocks. However, so far this year, biotech stocks have shown significant resilience, with iShares Nasdaq Biotechnology ETF (IBB) gaining 11.5% year to date (YTD). Additionally, the broader Health Care Select Sector SPDR ETF (XLV) has risen 15.1% YTD, better than the S&P 500’s increase of 9% during […]
USD/JPY Rate Snaps Bullish Sequence, Short Interest Jumps
JAPANESE YEN TALKING POINTS The recent rally in USD/JPY appears to have stalled ahead of the November 2017-high (114.74) as the exchange rate snaps the recent series of higher highs & lows, but there appears to be a broader shift in market behavior amid a jump in retail short interest. USD/JPY RATE SNAPS BULLISH SEQUENCE, […]
Regression To Trend: Another Look At Long-Term Market Performance – Tuesday, Oct. 2
Quick take: At the end of September the inflation-adjusted S&P 500 index price was 123% above its long-term trend, up from 121% the previous month. About the only certainty in the stock market is that, over the long haul, over performance turns into underperformance and vice versa. Is there a pattern to this movement? Let’s apply […]
Time For More Action?
Bitcoin has been moving up for some time now. The path to higher values has been a rocky one and Bitcoin bulls might be getting some encouragement. Whether this translates to a bullish outlook is another question entirely. Not all governments are hostile to Bitcoin. Actually, a lot of governments are simply not sure what […]
RBC Capital, Wolfe Research Say Buy GE Following CEO Change
Both RBC Capital analyst Deane Dray and Wolfe Research analyst Nigel Coe upgraded General Electric (GE) to Outperform after the company announced that H. Lawrence Culp, Jr. was named chairman and CEO, replacing John Flannery. But not all were as bullish on the stock after the news, with Moody’s Investors Service placing the ratings of […]
DXY Index Back To September High, EUR/USD At Six-Week Low
The US Dollar (via the DXY Index) has continued to press higher, forging its fifth straight day of gains as the renewed tension between Rome and Brussels over the 2019-2021 Italian budget has yet to relinquish its grip on the Euro. It’s tempting to suggest that the US Dollar’s gains over the past five days have […]
