WTI Tops $57 After Biggest Crude Draw In 3 Months
WTI/RBOB bounced today in anticipation of a reversal of the last two week’s builds in crude inventories, and bulls were not disappointed by the API print. Jan ’18 WTI pushed above $57 but RBOB fell after a big crude draw (though gasoline build). “It looks like we are going to get a draw in crude oil inventories. That’s […]
Market Talk – Tuesday, November 21
Asia followed the strong US sentiment encouraged by better than expected data. Much of the moves however, can also be explained by increasing capital flow away from troubled areas. Mondays flow was forced after news that the German Chancellor Angela Merkel failed to form a government suggesting new elections. With the Euro losing ground we […]
Expected Moves Tagged For The Week Yet Divergences Remain
Video length: 00:07:50 The stock market tagged the upper range of the expected move for the week led by the usual suspects. In this video update let’s analyze where we really are in this rally based on a few technical signals. Watch this video to find out what we discovered.
A Decade Later: What $1K Invested In These Stocks Is Worth Today
On October 11, 2007, the Dow Jones Industrial Average hit a new high of 14,198.10 in intraday trading. At the time, it would have been impossible to know, but such a peak wouldn’t again be matched until 2013, almost six years later. Investors were in for a roller coaster, and a slow and unpredictable recovery […]
No, The Treasury Curve Isn’t Flattening Because The ECB And BOJ Are ‘Printing Money’
My model of interest rates and currencies says that long-term yields are just an amalgam of future short-term yields with a term premium tacked on. There’s nothing in there about money flow and people moving money to where yields are highest. I think this matters when thinking about what the flattening yield curve signals as […]
4 Technology Stocks In The Spotlight Ahead Of Thanksgiving
Thanksgiving Day (Nov 23) that marks the beginning of the month-long holiday season is just a few days away. Most Americans wait for the fourth Thursday of November every year to begin shopping for the festive season. Hence, higher consumer consumption boosts the overall economy, which is reflected in the movement of the stock market. […]
Beer Brewers: Tomorrow’s Pot Plays
I don’t know who gets the credit for saying: “If you can’t beat ‘em, join ‘em.” (Yogi Berra, Mark Twain or Ernest Hemingway seem like good random guesses…) But that just might be the new mission statement for a $250 billion swath of U.S. companies that appear ready to become America’s first “stealth” pot stocks. […]
October 2017 Headline Existing Home Growth Improves
The headline existing home sales growth improved with the authors saying “While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.”. Our analysis of the unadjusted data agrees with the headline data. Analyst […]
Two High-Profile Oil Scandals Every Investor Needs To Know About
Achieving a level playing field is sometimes all in the eye of the beholder. It involves the ability to value actual assets following a wave of serious corruption revelations. All of these involve putting a price on trades once oil moves into the wider market. It all started a month ago when, on the same […]
What’s Next For The Top Internet Stocks
How has Amazon completely changed the landscape for many industries – and new opportunities that lie ahead. If the competition for Netflix is heating up, are they prepared for a fight? Snap vs Twitter vs Facebook – the social media battle royale; Where smaller Internet names, like Yelp and GrubHub, fit in; New opportunities for […]
