What To Watch In Bank Space Earnings Reports
JPMorgan (JPM) and Citigroup (C) are scheduled to report quarterly results on October 12, while Wells Fargo (WFC) is scheduled to report on October 13. What to watch for: 1. OUTLOOK: During its last earnings call, JPMorgan said it sees 2017 average core loan growth of about 8%, 2017 net interest income up over $4B […]
Fed Minutes: Third Rate Hike Unlikely
Federal Reserve officials last month deliberated whether forces subduing prices were permanent or temporary, as many policymakers believe more evidence of price gains are necessary to support third rate hike this year. “Many participants expressed concern that the low inflation readings this year might reflect not only transitory factors, but also the influence of developments […]
Telaria – Chart Of The Day
The Chart of the Day belongs to Telaria (TLRA) formerly know as Tremor Video. I found the Internet advertising company by using Barchart to sort today’s 52 Week High list first for the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 8/10 the stock gained […]
Is Bridgewater A Fraud? Here Are The Troubling Questions Posed By Jim Grant
Jim Grant, author of Grant’s Interest Rate Observer, first hinted last week that not all is well when it comes to the world’s biggest hedge fund, Ray Dalio’s $160 billion Bridgewater (of which one half is the world’s biggest risk-parity juggernaut). Speaking to Bloomberg last week, Grant said he was “bearish” on Bridgewater because founder […]
Wednesday – Defensive Markets
The market seems to be getting just a bit defensive as REITs, Utilities, Large Caps did well today while small caps were a bit weak. There was some weakness in this group while the rest of the market advanced. These packaging stocks seem to sell off just before the broad market at the peak of […]
September Fed Minutes: Highlights
Ok, who’s excited about the Fed Minutes? Raise your hands! Obviously, the September minutes will be parsed for clues as to what the committee was thinking in terms of staying the course for December despite lackluster inflation. Also key – or at least to our mind – is if there’s any indication sticking to the […]
EUR/USD And GBP/USD Forecast – Oct. 11
EUR/USD The EUR/USD pair broke out to the upside during the trading session on Tuesday, slicing through the 1.18 level. Now that we are above there, I think that the market can continue to go higher, perhaps reaching towards the 1.20 level above. I think that short-term pullbacks will continue to be buying opportunities, and […]
Bitcoin Prices Eye Record High – Pullbacks To Offer Opportunity
Bitcoin prices breakout- Near-term resistance to offer entries on a pullback. BTC/USD Daily Chart Technical Outlook: Bitcoin broke though downslope resistance early in the month with the subsequent rally taking prices back above the record high-day close at 4600. The focus remains weighted to the topside while above this threshold (note the median-line) with a breach above the record high […]
Scales Matter: Does Natural Gas Or Oil Seem Undervalued?
Every morning in our Morning Update for clients we pass along a quick screen of important long-term spreads in the natural gas market as well as comparisons of natural gas to crude and heating oil prices. This page (seen below) comes alongside our morning weather forecast, natural gas technical analysis, and a look at the […]
Small Business Optimism Fell In September
This year, the NFIB small business confidence index has been a strong point in the sea of economic data. For the first time this year, the index had a decent decline. The index fell 2.3 points to 103 in September. That’s the largest decline since October 2013. The overall metric is still near the peak, […]
