Which One Really Belonged On Yellen’s Dashboard?
The latest JOLTS survey from the BLS suggests nothing much has changed from that particular view of the labor market. The level of estimated Job Openings (JO) while down slightly over the last few months remains exceedingly high. By contrast, the rate of monthly Hires (HI) continues to be subdued, if at the high end […]
With Boeing Trading For 28x Earnings, Is The Bull Market In A Melt-Up Phase?
I do not spend a lot of time on cyclical stocks and the industrials and materials sectors are not well represented in portfolios I manage. Lack of expertise is one reason, but another tricky part of investing in cyclical companies is that you need to have a decent sense of their business cycles and that […]
Real Estate Sector On The Verge Of A Correction
Corrections are 10% pull backs, Recessions are 20% sell-offs. So far the real estate sector has seen a decline of about 5%. Normally I wouldn’t think to much about that, but there are a few things that I don’t like about the chart below: A perfectly formed rising channel that investors have had confidence in […]
A Focus On Uranium And Uranium Stocks
(Audio length 00:11:38) On the back of a couple requests for Doc’s comments on the Uranium sector here we go. We look at the URA chart as well as Uranium Energy Corp, UEC. With the complete washout in uranium stocks over the past few years when this sector turns there are only a few companies left […]
Market Seasonality Maps
Another year another datapoint… Regular readers will be familiar with the first chart which shows the average daily returns for the S&P 500 across the year against the average level of the VIX across the year. This stockmarket seasonality map has been updated to include the 2017 data and the same conclusions and cautions hold. In this […]
Chinese Checkers
Wednesday was all about China. “China?! China.” U.S. investors woke up to the news that Beijing is considering “slowing or halting” Treasury purchases and the knee-jerk reaction was visible everywhere. Yields spiked (only to completely retrace as Treasurys pared losses following a solid 10Y auction): Gold rose: The dollar careened lower and EURUSD […]
Stocks Hit A Record 6 Straight Days To Start The Year
386 Days Above The 200 Day Moving Average The record for consecutive new highs to start a year has been tied in the Nasdaq and the S&P 500 as stocks rallied again on Tuesday. As you can see from the chart below, the S&P 500 is in the 2nd longest streak where it has been above […]
Scoop Up These 4 Chemical Stocks For Stellar Returns
The U.S. Chemical is witnessing continued investments, strengthening export markets and robust demand across key-end markets like electronics, automotive and construction. These factors have helped the industry outpace the broader market over the past year despite many headwinds including sluggishness in China, weak demand in agriculture and damaging effects of the hurricanes. Industry Performance The Zacks […]
Market Talk – Wednesday, January 10
A mixed trend within Asian trading as the Nikkei, ASX and SENSEX whilst gains were registered in the Hang Seng and Shanghai. That said, volumes were light but the negative trend was supported by the positive move in the Japanese Yen. The currency traded back to the low 111’s as speculation that the BOJ removing […]
Netflix, Inc. Stock Soars To Another Record High
Netflix, Inc. (NFLX) stock is back on a steady upward march on Wednesday after ending Tuesday in the red. The year started with a rerun of the rumor about Apple buying Netflix, but analysts who are truly bullish on Netflix stock see plenty of other reasons to buy it despite the nosebleed valuation. jgryntysz / Pixabay […]
