Using The Correct Start Date Is Key
The former Federal Reserve Chairman doth protest too much, methinks. The answer to why Ben Bernanke is still defending QE is obvious. Had it worked, I mean really worked, he would be today universally hailed as the greatest monetary steward since Bagehot. Though he wrote a book trying to cast himself in that way, the […]
IBM Likely To Make Comeback Despite Buffett Selling More Shares
International Business Machines Corp. (NYSE: IBM) is an old-school tech firm that the millennial generation may not be all that familiar with. And one of the firm’s most famous shareholders, the very old-school Warren Buffett, sold off yet more of the technology giant’s stock in the third-quarter. In 2011, the world’s most affluent investor acquired a 5.5% stake in […]
The Fed Gets Ready To Follow Markets
“Davidson” submits: History often reveals truths which counter the myths of near term thinking. The phrase, “This time is different”, has been debunked so often that it should be a sign of someone speaking without any historical perspective. Little recognized is the pattern of Fed Funds rate changes since 1953. The Fed has a long […]
Fanhua – Chart Of The Day
The Chart of the Day belongs to Fanhau (FANH).I found the Chinese insurance broker by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the chart for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/1 the stock gained 147.68% Fanhua Inc. is […]
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. […]
