Cash Is Flooding Into Cybersecurity
“Follow the money.” That’s what the profs in college used to say in my investigative reporting classes years ago. It’s also an effective way to think about investing. When cash is flooding into a class of stocks, they all move higher, and your job as an investor becomes a lot easier. That’s the situation at […]
Financial Sector Earnings Reports On Deck
Less than 100 companies will report earnings between now and next Friday, but this week mark’s the official kick-off to the Q4 2017 earnings reporting season. Below is a list of the 30 largest companies set to report between now and January 19th. As you can see, the bulk of large-cap companies set to report […]
JPMorgan Healthcare Day One Notes: Weak Start Despite Positive Updates
Weak Start for Biotech Stocks on 1/8/18-Red Screen Day Positive Updates on BIIB CELG GILD etc Biotech ETFs Firm Up about 1.5% Tuesday AM JPMorgan Healthcare Conference Biotech stocks abruptly sold off at the market open yesterday with the XBI down 2% to the $85.31 level and the IBB down 1.33% to $108.37. Apparently, the 9000 […]
Global Stocks Are The Most Overbought Since Right Before 1987 Bloodbath
While world stocks are on their longest streak (without a 5% correction) in history, the last few weeks have seen that exuberance accelerate with MSCI World now at its most ‘overbought’ since the summer of 1987… and we know what happened next. But this global euphoria is ‘trumped’ by the melt-up in US stocks, and as Bloomberg reports, John […]
AUD/USD Price Rally Vulnerable-Pullback To Offer Opportunity
AUD/USD Daily Chart Technical Outlook: AUD/USD is carving out a well-defined monthly opening range just below a key near-term resistance range at 7887/98– this region is defined by the 61.8% retracement of the September decline & the October swing highs and converges on basic slope resistance extending off the 2017 high. The immediate advance is at risk […]
Silver Is A Metal To Watch In The New Year
The price of silver is up 10% in three weeks. That’s unusual for silver right now. We only saw silver rise 10% within a month four times this year. The last time it rose 10% in three weeks was almost a year ago. Like gold, 2016 was a strong year for silver. The price soared […]
5 Best Global Equity Mutual Funds To Buy In 2018
According to Lipper’s latest fund flow report, stock funds investing globally registered strong inflows in 2017. In contrast, domestic equity funds registered outflows during the same period. Investors increasingly shifted their focus from domestic equity funds to global equity funds in 2017 and will keep a close watch on international funds this year. Moreover, recently […]
Jamie Dimon Predicts 4% GDP Growth, Retracts Bitcoin Fraud Charge
JPMorgan CEO Jamie Dimon is in the news twice this morning, once regarding GDP and once for a Bitcoin retraction. Jamie Dimon claims JP Morgan’s chief economist is wrong about the economy: Dimon Predicts 4% Growth. Dimon said he expects the “competitive tax rate” to encourage deal-making on Wall Street, pointing to Europe which he said […]
The Bear’s Lair: Crashes And Depressions In 2018
2018 looks to be a jolly year; it has the potential for no less than four kinds of financial disaster: a major “fringe market” crash in crypto-currencies with credit implications, a stock market crash of the old-fashioned kind, a massive bond market crash as yields return to reality and a recession, which Trump-haters no doubt […]
