The Natural Gas Spreads To Watch As Warmth Arrives
The natural gas market sold off again today as it continued to price in warmer weather expectations for the second half of January. This is something we first warned of in our Note of the Day last Friday, where we picked up on long-range warm trends that could potentially pull the market back. Prices did […]
What’s Up For 2018? Inflation And Interest Rates
Here we are in the first week of 2018! As I mentioned in my last Economy & Markets article, I usually focus on short-term overreactions in the Treasury bond market and not long-term forecasting. But since Harry and the rest of the Dent Research team have their opinions on where the markets are set to go this year, I’ll […]
Manufacturing Activity On A High: 4 Industrial Stocks To Buy
The manufacturing sector which accounts for about 12% of the U.S. economy drew the curtains on 2017 with a strong performance, going by the data provided by the Institute for Supply Management (“ISM”). This upbeat performance was driven by a surge in new orders growth, signaling strong economic momentum. Upbeat Manufacturing Data Instill Optimism According […]
TINA Is Dead – Stocks Are No Longer ‘Cheap’ To Bonds
For years, equity market investors have been cajoled into stocks by their commission-rakers with four simple words – “there is no alternative” – often shortened to the acronym ‘TINA’. The argument went that since bonds had such low yields, you were a mug not to buy stocks with every penny of your retirement funds. But […]
Regression To The Trend: Will S&P 500 Prices Ever Revisit Their Mean?
Richard Russell, an exceptionally well-regarded Dow Theorist, explained that a stock market can do absolutely anything over short periods of time. Yet, over longer periods, the greatest certainty is “regression to the mean.” “Regression to the mean” refers to the inevitability of prices revisiting a long-term trend. For example, near the beginning of the Roaring ’20s, […]
International Markets Lead US To Start 2018
Below is a look at our asset class performance matrix highlighting the total return of various ETFs over three near-term time frames — over the last six months, over the last month, and year-to-date so far in 2018. Notably, the oil ETF (USO) is now up more than any asset class in our matrix over […]
Pershing Square Sells Entire Stake In Nomad Foods Limited (NOMD)
Pershing Square closed its position in Nomad Foods Limited (NYSE:NOMD) during the third quarter. Nomad Foods is a British Virgin Islands-based packaged foods company that moved its listing from the London Stock Exchange to the New York Stock Exchange in January 2016. The company’s share price has significantly increased over the last 12 months. In its Q3 investor letter, Pershing Square discussed […]
Gold-Stock Upside Huge
The gold miners’ stocks have huge upside potential in 2018, likely the best among stock-market sectors. They really lagged gold last year, so a major mean-reversion catch-up rally is coming. The gold miners are universally ignored and deeply undervalued relative to the metal which drives their profits. And gold itself is likely to power dramatically […]
