T BILL Carnage Begin: The First Sign Of Financial Collapse
Image source: Pixabay Wild week for a market that’s supposed to be boring and go unnoticed. For the second straight month, heavy buying in bills right ahead of the payroll report. Except, in this case, buyers went utterly crazy for the 8-week bill in one of the most incredible bill auctions. But what is all this […]
The Mother Of All Bubbles
LINKIn The Financial Times this week, Ruchir Sharma (chair of Rockefeller International) argues that, “America is over-owned, overvalued and overhyped to a degree never seen before.” STATWarren Pies points out that, “Wall Street strategists spent 2024 with targets well below the S&P 500. Next year, though, strategists are poised to lift their 2025 targets by 20% (vs 2024 […]
The Future Thru Futures: What We’re Gleaning From The Latest CoT Report
Following futures positions of non-commercials are as of December 3, 2024.10-year note: Currently net short 891.9k, down 34.7k.The futures market is now factoring in an 86-percent chance of a 25-basis-point cut when the FOMC meets on 17-18 this month. The fed funds rate currently stands at a range of 450 basis points to 475 basis […]
OIL MARKET: Pressure Among OPEC+ Member Mounting?
OPEC+ has decided to delay any increase in oil production until April, extending the current reductions across its member countries. This move, aimed at stabilizing oil prices, may not achieve its intended effect. By constricting supply, OPEC+ risks losing market share to non-OPEC producers, particularly those in the United States.Indicative of this shift, the U.S. […]
Weekly Game Plan
S&P 500 delivered more gains to end the week, regardless of popping up non-confirmations. These bearish divergencies can go on for longer than generally deemed possible – but that doesn’t rule out rug pull(s) here and there. That‘s analogical to almost every rising wedge facing a breakdown sooner or later.That‘s why keeping the finger on […]
5 Small-Cap ETFs That Outperformed The Russell 2000 In The Last Three Months
Image: BigstockThe small-cap space has been outperforming its large-cap brethren over the past three months. This outperformance came on the back of optimism over President-elect Donald Trump’s policies, which may lead to faster economic growth. iShares Russell 2000 ETF (IWM – Free Report), the ultra-popular small-cap ETF, climbed 9.4% compared with a gain of 7.5% for the ultra-popular large-cap ETF, […]
Eyeing The Week Ahead
Image Source: PixabayMy daughter’s school has had an annual event for first graders for years around the holidays. It goes like this: A teacher is baking gingerbread cookies, and when she isn’t paying attention, three of the cookies make a jailbreak across campus. The first-grade class runs from building to building, all the while looking for clues about where […]
Thanksgiving Was A Smashing Success For The Box Office – But I’m Still Not Buying Entertainment Properties
Photo by Donreál Lunkin on UnsplashI mentioned movie theaters in a previous article, but I think the industry deserves a deeper dive today. After all, it’s a big deal that beleaguered movie theaters recorded massive Thanksgiving weekend sales. It’s no exaggeration that ticket sales blew everyone’s expectations out of the water.Moana 2 opened with $221 million worth of ticket sales here […]
How To Ride A Bull Market To Massive Profits
Image Source: PixabaySteve Barton and I had the opportunity to chat about the potential directions the stock market could take over the ‘Santa Claus Rally’ season and through an unpredictable January. We cover a whole lot of charts, so grab a coffee and enjoy.01:00:23The main questions and topics we covered include the following: 00:00 – Breaking Down Currency Effects on Global […]
What’s Going On With Lululemon Shares?
Image: BigstockThe Q3 cycle is over, with the bulk of companies having already revealed their quarterly results. The period was once again a time of positivity, with earnings growth remaining positive and seeing a nice boost from technology.But one late reporter, Lululemon (LULU – Free Report), posted results that positively shocked investors. Let’s take a closer look at the results. […]
