Cracks Appear In Philadelphia Fed Regional Manufacturing Report
Actual industrial output has been far weaker than the regional Fed manufacturing reports and the ISM report for at least a year. Yesterday we heard from the Empire State region. Today the spotlight is on the Philadelphia Fed Business Outlook Survey where new orders plunged. Econoday notes “cracks” in the survey. There finally may be cracks appearing in Philly […]
The Top 2 Worst Investor Bias And How To Solve Them
Since I’m eight, I’ve always been passionate by numbers. When I discover the world of finance, I knew exactly what I wanted to do in life: work around the financial market. I guess that one thing that captivates me is about how the stock market evolves over time. When you are at school, they teach […]
Recently, I Was Dead Wrong About The QQQ, But It Didn’t Matter Because…
Traders must be able to make money even when their opinions are DEAD WRONG! I’d like to show you how your trading can be profitable even when your opinions of the market are DEAD WRONG! Wouldn’t that be nice? It’s possible, and it doesn’t require a fancy options strategy, or any options trading at all! […]
Abercrombie Rises After Launch Of New Store On Alibaba Platform
Abercrombie & Fitch (ANF) announced plans to launch its namesake brand and Abercrombie kids on Tmall, sending the teen apparel retailer’s shares higher in early trading. TMALL DEAL: Abercrombie & Fitch announced this morning that it will launch its Abercrombie & Fitch and Abercrombie kids on Alibaba Group’s (BABA) Tmall consumer platform for brands and […]
A Rally Rooted In Patience
Now we are rallying – patience pays. Who knows how long this rally can last for us, but the market required us to stay patient through all of June and some of July, to finally get a solid sizable rally that we could trade off of. And the market rewarded those with patience by rallying […]
The Right Context For Active Management
Actively managed portfolios are not a device of nefarious origin. And neither is it a “dead exercise” as the vox populi has declared. Nevertheless, to be successful at active investing, there are some big time hurdles. Before we discuss these obstacles, let’s first clarify the term “active investor.” An “active investor” is somebody who is […]
Billion Dollar Unicorns: Careem Focused On MENA
The highest privately valued company Uber is the poster child of ride sharing. One of its strong, regional rivals is Dubai-based Careem, which has recently entered the Billion Dollar Unicorn Club. Careem’s Offerings Careem was founded in 2012 by former McKinsey consultants Mudassir Sheikha and Magnus Olsson. The service was initially set up as a web-based […]
IBM’s Complicated Watson Could Be Destroying Shareholder Value
A very cool tool which mastered jeopardy and more but is IBM’s Watson hurting returns? IBM’s second quarter results, published earlier this week, make for dismal reading. Big Blue unveiled its 21st straight quarter of revenue contraction, and even though the company topped analysts’ expectations for profit, once again the bottom line was boosted by some […]
USD/CAD Extends Dive On Mueller Deep Dive Into Trump
The Canadian dollar was consolidating but waiting to take advantage of another fall of the US dollar. It still has the backwind of the BOC’s hawkish hike last week. The hammer came from special counsel Robert Mueller. The probe into Trump’s connections with Russia will expand into his personal business dealing with family and associates involved. If the President […]
