Tech Stocks & Kicking Off 2018
Stocks picked up in 2018 right where they left off last year. Global equity indexes were higher in all four trading days, international outpaced the US, technology and high momentum stocks led and small caps lagged. Two major milestones were reached as the Nasdaq topped 7,000 and the Dow topped 25,000. Friday’s jobs report fell […]
2 Reasons To (Maybe) Ignore Q4 Earnings
Show of hands: who’s looking forward to earnings season? Although the increasingly permabull-ish punditry is fond of plotting earnings growth with the S&P in a largely fruitless effort to “debunk” what they swear is a “conspiracy theory” about central bank largesse leading directly to gains in global risk assets, the irony is that these very same […]
Is Bitcoin A Safe Investment? 3 Thoughts On Bitcoin And Cryptocurrencies
Photo credit: keep_bitcoin_real Every investment must be seen in the light of supply and demand. The S&D balance defines the value of every investment. It also defines the risk since the components of demand might be more or less speculative. So, let’s see: Bitcoin Supply The maximum supply is theoretically fixed. There’s a maximum amount of Bitcoin […]
Fed Chair Powell’s Stunning Admission: “The Fed Has A Short Volatility Position”
For years, market watchers and Fed skeptics had warned that the record low volatility “blanket” that has fallen like a pall over the comatose market was the result of Fed actions, both direct or indirect. And while they mostly spoke metaphorically (although back in 2012 we observed a distinct shift in the VIX futs when the current […]
Builders FirstSource – Chart Of The Day
The Chart of the Day belongs to Builders FirstSource (BLDR) I found the building products stock by using Barchart to sort today’s Top Stocks to Ownfirst for the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 11/9 the stock gained 24.04%. Builders […]
What’s Missing In Europe Is What’s Missing Everywhere
American central bankers and economists aren’t alone in their Phillips Curve nightmare. They are joined by others practically everywhere else around the world. In Europe, for example, the unemployment rate there continues to fall while inflation keeps on misbehaving in its meandering. Unlike the US, however, the Europeans don’t have the luxury of burying millions of […]
Tesla Inc Stock In The Year Of The Model 3, Part Deux
Tesla Inc (Nasdaq:TSLA) stock skidded slightly right the company revealed another disappointment on Model 3 deliveries on Thursday. However, the stock rallied on Friday after erasing the brief decline on Thursday, proving just how resilient it is. Investors have likely gotten used to such disappointments, and that could be bad for Tesla stock short-sellers if/when the disappointments […]
