Using Amazon As A Barometer For US Markets
Andrew Agemy, Founder and President of Agemy Financial Strategies shares his thoughts on Amazon and the health of the US equity markets. Amazon is a great gauge of market health and he has some concerns. Audio Length: 00:12:05
The Two Parts Of Bubbles
What makes a stock bubble is really two parts. Most people might think those two parts are money and mania, but actually money supply plays no direct role. Perceptions about money do, even if mistaken as to what really takes place monetarily from time to time. In fact, for a bubble that would make sense; people […]
Stocks Can’t Be Stopped By Natural Disaster Or Nuclear War Threats
Stocks Rally Despite Headline Risk The stock market has been amazingly resilient in the past few days as the S&P 500 is only down about 1.2% from the all-time high despite the increased threat of nuclear war with North Korea and the devastating storm in Texas which brought catastrophic flooding. It’s possible 500,000 homes were […]
Q2 Real GDP Per Capita: 2.38% Versus The 3.03% Headline Real GDP
The Second Estimate for Q2 GDP came in at 3.0% (3.03% to two decimals), up from 1.2% in the Third Estimate of Q1 GDP. With a per-capita adjustment, the headline number is lower at 2.38% to two decimal points. Here is a chart of real GDP per capita growth since 1960. For this analysis, we’ve […]
USD/CAD Fails To Test July-Low & Initiates Bullish Sequence
Ticker Last High Low Daily Change (pip) Daily Range (pip) AUD/USD 0.7916 0.7996 0.7906 35 90 AUD/USD gives back the advance from earlier this week follow a batch of positive data prints coming out of the U.S. economy, and the pair may continue to consolidate ahead of the highly anticipated Non-Farm Payrolls (NFP) report as […]
Gas Price Impact From Harvey
While it’s nothing compared to what people in Texas and the Gulf Coast are going through, if you plan on traveling this coming Labor Day weekend, you can expect to pay up given Harvey’s impact on the nation’s energy infrastructure. As shown in the chart, the national price of a gallon of gas has increased […]
S&P Ramps Above Key Technical Level, Nasdaq Panic-Buying Continues
The machines have achieved their short-term goal (getting the S&P above its 50-day moving average), next is getting green for the month. Once again, the US market open triggered a panic-buying bid under mega-cap US Tech stocks…
Battleground: Analysts Disagree On Whole Foods’ Financial Impact On Amazon
Two research firms disagreed on the financial impact of Amazon’s (AMZN) acquisition of Whole Foods (WFM). Jefferies responded to the deal by lowering its earnings per share estimates for Amazon, while RBC Capital increased its 2017 and 2018 EPS estimates for the tech giant. JEFFERIES CUTS EARNINGS OUTLOOK: Analyst Brett Thill slashed his fiscal 2017 […]
Update – Tata Steel Trade Setup
I have mentioned a trade possibility of Tata Steel as there is a rising wedge + negative diversion. Today, some steel stocks have breakout on the upside like JSW steel… Now there is another possibility that builds up and it might break the upper trendline of the rising wedge. We have 2 possibilities: Short – […]
Biotech Digest – URGN Receives Fast Track Designation, MDVX Receives Australian Approval, AZN Inks A New Deal
Top Pick of the Day: TRHC Tabula Rasa Healthcare (TRHC) stock perked up as the company announced inking a new deal with CenterLight Healthcare to provide medication risk management services. The company inked the deal through its wholly owned subsidiary CareKinesis. The agreement will be effective from September 1. It will begin with a single […]
