Sector Weightings: S&P 500 Vs. Emerging Markets
If we had a bitcoin for every time we heard someone say that the S&P 500 has been too reliant on the performance of tech stocks for its gains this year, we would be very rich. But if you think the S&P 500 is dangerously overweighted towards the Technology sector, beware of emerging markets. While […]
Dovish Fed Minutes Send USD/JPY To A Two-Month Low
Dollar/yen is trading at 111.20 after having already fallen to 111.14. These are the lowest levels since September 20th, two months to the date. The recent drops place the pair in the middle of the wider 108.10 to 114.50 range. An attempt to break higher seen in early November sent it to 114.80, but this […]
The Very Obvious Bullish Reversal Signal
Alright, it might sound humorous in saying this, but the Reversal Indicator just flashed a bullish reversal signal. But hasn’t the market been in bull mode all year long? Yup. During that period though, there have been plenty of time consolidation, and with the most recent bearish reversal signal now over, it is safe to […]
Gold Jumps, Dollar Dumps After Dovish Fed Minutes
The dollar index had been falling in early trading – extending its free-fall from the Nov 1st Fed statement – but legged down on the dovish minutes to the lowest in 5 weeks. Gold is extending its gains, above key technical levels and while the curve is steady, long-end bond yields are sliding modestly. Today is the […]
4 Solid Insurance Stocks To Hit High Spots In Q4 Bull Market
Despite the volatile operating environment, with the occurrence of natural calamities, regulatory changes, Federal Reserve’s decision as to when hike the interest rate again, there have been quite a few insurance companies which have delivered better-than-expected results in the third quarter of 2017. Even though the aforementioned challenges are anticipated to impact the upcoming quarter, […]
Aimia Inc.: Mittleman Brothers Loves This Data-Driven Marketing And Loyalty Analytics Firm
Mittleman Brothers recently published its Q3 investor letter (you can download a copy here). In the letter, the hedge fund discussed its investment thesis on Aimia Inc (TSE:AIM) (GAPFF), a $533-million market cap data-driven marketing and loyalty analytics company based in Quebec, Canada. Let’s take a look at comments made by Mittleman Brothers in the letter about Aimia. […]
November 2017: ECRI’s WLI Growth Index Rate Marginally Slips
ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in expansion. This is compared to RecessionAlerts similar weekly leading index. ECRI also released their coincident and lagging indices this week. Analyst Opinion of the trends of the weekly leading indices Both ECRI’s and RecessionAlerts indicies are indicating modest growth six months from […]
Durable Goods Orders Plunge 1.2% Largely On Aircraft Orders
Durable Goods orders fell 1.2% led by aircraft down 18.6%. Autos orders rose 1.7% in a lingering hurricane effect. Economists missed the mark badly this month expecting a 0.4% rise in durable goods orders. Instead, orders plunged 1.2% fueled by a 18.6% decline in aircraft orders, the most volatile component in the Census Bureau advance report on […]
Durable Goods Only About Halfway To Real Reflation
Durable goods were boosted for a second month by the after-effects of Harvey and Irma. New orders excluding those from transportation industries rose 8.5% year-over-year in October 2017, a slight acceleration from the 6.5% average of the four previous months. Shipments of durable goods (ex transportation) also rose by 8% last month. Even with that […]
