E The Employment Rates For Male Workers And Youth Have Still Not Caught Up With 2008 Levels
It is quite evident that the world’s job market recovery since 2010 has been uneven among countries and between different demographic groups. Indeed, judged by employment levels, young people and male workers are still behind where they were in 2008. As the two charts illustrate, the employment recovery among the advanced nations still remains uneven. […]
China’s Minsky Moment
Is China headed for a ‘Minsky moment? One Chinese economist has warned that they could and he issued a warning, along with some comments from a Russian oil company. Seems a bit slow today, what had been an impressive oil price rise, ahead of November’s Future expiration. Reuters wrote an article quoting a ”veteran but outgoing […]
3 Killer Stocks Have This Bullish Catalyst In Common
Order backlogs are among my favorite bullish catalysts. To be clear, an order backlog represents the collective value of orders for which customers have made contractual commitments. Think of order backlogs as the foremost measure of a company’s health. Of course, 95% of order backlogs are enjoyed by massive companies — ones with well-known products […]
A Winning Portfolio: Avoiding Big Losses May Be More Important Than Max Gains
“Winning isn’t everything — but wanting to win is.” ― Vince Lombardi Winning—it’s part of our DNA. We celebrate winning teams, winning people, and winning businesses. But while an unrelenting focus on winning has created lots of celebratory moments for humans everywhere, it can potentially give you a severe headache if you let your drive […]
What Made Gold Go Up
Yesterday, the Department of Labor announced that initial jobless claims dropped. Quite a lot. So naturally, markets reacted. The stock market began to rise. The euro rose, at least for a while. And the prices of our favorite heavy metals rose, particularly silver. Silver was around its low of $16.92 before the report. Two and […]
What Do Low Yields Imply For Bond Allocations?
Yields are still low but the Federal Reserve is expected to lift interest rates further. Conventional wisdom says that this scenario makes bonds a toxic asset class going forward. Maybe, but the analysis is more nuanced when we consider fixed-income from an asset allocation perspective, as a recent report from AQR Capital Management advises. The […]
Why October Is The Scariest Month For Stock Prices
Every October, many stock market investors celebrate their own pre-Halloween scare tradition, thanks to a calendar-based phenomenon called the “October Effect”, which is “the theory that stocks tend to decline during the month of October.” As Investopedia goes on to describe it, “the October effect is considered mainly to be a psychological expectation rather than […]
General Electric Company Q3 2017 Earnings Miss Sinks Shares
General Electric (GE) Q3 2017 earnings were released before opening bell this morning. The company posted adjusted earnings of 29 cents per share on $33.5 billion in revenue, coming up far short of the earnings consensus at 49 cents per share but beating the revenue estimate of $32.71 billion. In last year’s third quarter, GE […]
Financials Looking To Breakout Of Recent Consolidation, Energy Looking To Roll Over
My Swing Trading Approach Still long on the market. I dabbled to the short side some yesterday, it didn’t work. Now that is out of my system, I remain long and will look to add 1-2 new positions today on market strength. Indicators VIX – Pretty much flat yesterday, but that is quite impressive when you […]
Gold Up 74% Since Last Market Peak 10 Years Ago
10 year anniversary of pre-Global Financial Crisis market peak in S&P 500 on October 9th Gold up 74% since the last market peak a decade ago; 11% pa in USD, 9.4% pa in EUR and 12.4% pa in GBP Precious metal has climbed $736/oz on Oct 9th 2007 to $1278.75 ten-years later S&P 500’s 102% climb […]
