For The Average Investor, The Bull Market Just Started
Average is difficult to define. Most of us believe we are above average at everyday tasks like driving. But math says many of us are wrong since only half of us can truly be better than average. That same math tells us something important about investors: Half of investors must attain results that are below […]
5 Top-Performing Stocks Of The Top ETF Of November
The overlooked Deep Value ETF (DVP – Free Report), which carries an unfavorable Zacks ETF Rank #5 (Strong Sell) with a High-risk outlook, emerged as the best-performing ETF of November. It gained 11.6%. Most of the gains came in the first half as concerns over the delay in implementation of corporate tax cuts and the sell-off in high […]
Short Take On Bitcoins
I stopped by Bloomberg near midday to talk with Vonnie Quinn and Shery Ahn. We talked about many macro issues, but this clip that Bloomberg provided covers is the one topic that has overshadowed the big rally in US equities, tax reform and Matt Lauer: Bitcoins. In this two minute clip, I mention that despite Bitcoins capturing the […]
Stocks Hits New Highs But Tax Cut Critical To Bull Market
The Trump economy is cracking—GDP growth is on track to top 3% for three quarters running. We haven’t seen that since 2004, and the Dow Jones average has just pierced 24,000. Privates businesses are optimistic and poised to invest with passage of the tax cuts. They have broken free from the Obama era pessimism about […]
3 Buy-Ranked Tech Stocks That Soared This Month
Technology stocks are rebounding after a sector-wide selloff Wednesday, suggesting that tech’s strong rally still has some life left in it. The tech sector has dominated Wall Street for the majority of 2017, and as we look at the year’s highest-flying stocks, most of the recognizable names are dominant and innovative technology brands. Considering the […]
Amazon Versus The World
PETERBOROUGH, ENGLAND – NOVEMBER 15: A close-up of a packaged Amazon Prime item in the Amazon Fulfilment centre on November 15, 2017 in Peterborough, England. A report in the US has suggested that over half of all online purchases this Christmas will be made with Amazon. (Photo by Leon Neal/Getty Images) With Black Friday, pre Back […]
Updating The 3 Amigos Of The Macro
Okay, so the theme is that on the macro 3 events may come together to signal a big climax, leading to change. Those Amigos are… Stocks complete their rise vs. gold. 10yr & 30yr yields hit upside targets (and limitation points) around 2.9% & 3.3%, respectively. The yield curve finishes flattening (at least) and turns […]
The Big Four Economic Indicators: Real Personal Income In October
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, a general belief that there are four big indicators that the committee weighs […]
VMWare (VMW) Posts Q3 Earnings Beat, Revenue Gains 11%
VMWare, Inc. (VMW) released its third-quarter fiscal 2018 financial results, posting non-GAAP earnings of $1.24 per share and revenues of $1.98 billion. Currently, VMW is a Zacks Rank #3 (Hold) and was up 2.69% to $123.34 per share in after-hours trading shortly after its earnings report was released. VMWare: Beat earnings estimates. The company posted non-GAAP […]
Why The Fed Might Be OK With Higher Inflation In 2018
Neel Kashkari: Minneapolis Fed President Is Fine With 2.7% Inflation On the day of the release of the Beige Report which showed price pressures are strengthening as economic growth is steady, let’s review a comment Neel Kashkari made about inflation. Neel did a Q&A on Twitter. One of the questions asked was what level of […]
