Chart Of The Week: Energy Stocks
This week the “Chart of the Week” looks at the energy sector of the S&P500 and specifically how it fits in in terms of market capitalization weight and share of total earnings across the index. Simply put, energy stocks have fallen to the lowest market cap weighting since late 2003 (and again at the height […]
Stocks Love Lack Of Wage Growth
Inflation Feared Less There was so much information in the February labor report, it needs a few articles to get through each data point and explain what each indicator means. The stock market rallied because there was jobs growth, but not much wage growth. In the previous few years of this expansion, the market wanted […]
More Than Half Of 2018 Earnings Growth Is From Trump’s Tax Cuts And Stock Buybacks
Heading into 2018, UBS has been one of the most bullish banks, with its equity analyst Keith Parker predicting the S&P500 hits 3,150 by year-end. And while UBS’ optimism is admirable if hardly unique with much of Wall Street expecting a similar return (which means that the pain trade is for everyone to be wrong), […]
Employment Report Shows The Bull Market Is Back On Track
Video Length: 00:04:01 Friday’s employment report was good news for the stock market bulls. The economy added 313,000 jobs in February. That’s the biggest one-month gain in almost two years. The closely watched participation rate rose by the most in almost eight years. The participation rate measures how many working-age individuals are employed or looking […]
Gold, Bitcoin Market Update – Monday, March 12
Today I am talking about gold primarily, bitcoin, and the market in general. Video Length: 00:05:53 Here are the articles used in today’s video: Gold, Silver Lackluster As Investors Shun Safe-Havens SP Angel: Gold ‘Still Holds Its Haven Status’
Focusing On Currencies And Metals
I am happy to introduce a new guest to the show, Raghee Horner. Raghee is a futures and currency expert at the Simpler Trading website. I have been following her work for a few weeks now and I really like the blend of fundamental and technical research. In this segment we discuss the USD and […]
Schwartz’s Departure From Goldman Sachs May Pave Way For Solomon As CEO
Shares of Goldman Sachs (GS) are in focus today after the bank said Co-Chief Operating Officer Harvey Schwartz will step down next month, suggesting that David Solomon could be in line to be the bank’s next chief executive officer. SOLOMON TO BECOME SOLE COO: Goldman Sachs announced on Monday that co-COO Harvey Schwartz will step […]
Housing Market Leverage
The most important line item for consumer liabilities is home mortgages because it’s the biggest segment. As you can see from the chart below, the home mortgage liabilities as a percentage of disposable income have followed the homeownership rate downwards following the 2008 recession. Liabilities To Disposable Income This is unusual because recessions are supposed to […]
Dropbox IPO Targets Valuation Between $7B And $8B
Dropbox has filed an update on its upcoming initial public offering with the Securities and Exchange Commission. The company revealed today that its shares are expected to end up priced between $16 and $18 apiece, which would mean that it’s seeking a valuation between $7 billion and $8 billion. At the midpoint of its provided […]
EURUSD Seasonal Patterns – Best Times Of Year To Buy And Sell
See the times of year the EURUSD and Euro FX futures tend to do well and poorly, based on historical tendency. A seasonal chart shows the tendencies of an asset to move higher or lower, or peak and bottom, at certain times of the year. Instead of looking at the last 15 years of currency […]
