5 ETF Ways To Tap Hot Semiconductor Stocks
The semiconductor corner of the broad technology market continued its winning streak with the start of the New Year. This is especially true as the S&P Semiconductor Select Industry Index climbed 6.8% in the first few days of 2018 trading compared with gains of 4.6% for the S&P 500 Information Technology S&P 500 index and […]
Technical Scoop Of The Markets
Welcome to 2018. So far it looks the same as 2017. The President of the United States ended the old year and began the one with a barrage of tweets, including one threatening nuclear annihilation with the “Little Rocket Man” of North Korea. The world can only hope they keep it to each other and […]
Coca-Cola (KO): Are The Best Days Behind This Buffett-Owned Dividend King?
When it comes to high-quality dividend growth stocks, investors naturally gravitate to blue chips like dividend aristocrats and dividend kings. After all, no company can increase its dividend for at least 25 or 50 years in a row without a certain combination of highly admirable characteristics. These traits tend to include stable and predictable cash flows, strong […]
Euro-Area Jobless Rate Improves To 9-Year Low In November
Broad economic growth and continuous job creation in the Euro-area further improved the unemployment rate to the lowest level since early 2009. The region unemployment rate declined from 8.8 percent in October to 8.7 percent in November, the Eurostat report showed on Tuesday. The lowest unemployment rate in 9 years. Despite better than expected economic […]
GBPUSD – Double Top Or Fresh Highs?
Cable has stalled ahead of the 1.3600 figure since the start of the year failing to make fresh multi-month highs. The pair looks to be carving out a double top near the key 1.3500 figure, but the battle between bulls and bears is not over. A small retrace down to the 1.3300 level will […]
Chart Of The Day: Making (World) History
I love the smell of risk euphoria in the morning. Monday’s theme was “equi-phoria”, a state of acute psychosis that pervades the warped minds of E*Traders, pundits, and punters alike at the tail end of a rally that’s left multiples stretched to historic extremes and now finds stocks, bonds, and credit the most simultaneously overvalued in […]
10Y Treasury Yields Breakout To 10-Month Highs, Curve Steepens Most Since Election
Perhaps in a mini-tantrum reaction to Japan’s ‘taper’ overnight, which steepened the JGB curve notably… US Treasury yields are breaking out higher today with 10Y Yields solidly above the 2.50% ‘Maginot Line’ for the first time since March 2017. The 2s30s yield curve is spiking today – the most since the Nov 2016 election (+6bps to 91bps) The […]
Gold: The Significance Of $1320
I told subscribers to expect $1320 to function as a headwind for gold on this rally, and that’s happening right on schedule. To understand the nature of this headwind… Double-click to enlarge this important weekly gold chart. Note that the two biggest volume bars both occurred as key events in India occurred. It could be […]
WTI Crude Oil Highest Since December 2014
Oil prices have been on a gradual path of rises for quite some time. And now, WTI crude oil tops the 2015 high of $62.60 and reaches new highs $62.69. It currently trades at the highest levels since December 2014. The breakout awaits confirmation. The move higher in oil prices should give a boost to […]
Wages Are The Key To 2018
Nine days into 2018, I’ve read 793 economic and market forecasts. Okay, that’s an exaggeration… but it certainly feels like it. In any case, I’ve read enough to know opinions are all over the place. Whatever your desired scenario, some expert says it’s a sure thing. A forecaster’s greatest challenge is separating what you want to happen […]
