Next Stop, Recession: The Financial Meteor Storm Is Headed Our Way
Business-cycle recessions are not just inevitable, they are necessary to flush bad debt and marginal investments/projects from the system. The next recession–which I suggested yesterday has just begun–will be more than a business-cycle downturn; it will be a devastating meteor storm that destroys huge chunks of the economy while leaving other sectors virtually untouched. The dynamic that’s about […]
Stocks To Watch: AME, MU, AOS
Today’s stock picks Long Ametek (AME) Long Micron Technology (MU) Short AO Smith (AOS)
Getting Harder Not Easier To Find Macro Improvement In 2017 (Housing)
The most recent housing data continues to suggest weakness. The National Association of Realtors (NAR) reports that sales of existing homes were down slightly last month from June. It continues a lower trend dating back to March. Overall, the level of resales is largely flat going back to the summer of 2015. At a 5.44 […]
Real Estate And Housing News – Thursday, Aug 24
We discuss the FHFA House Price Index, MBA Mortgage Applications, New Home Sales and Existing Home Sales along with some International Real Estate news in this video. The government finally starting to crack down on money laundering with these luxury Real Estate Deals. The Housing econ reports for this week all came in on the […]
Hot Options Report: End Of Day – Thursday, Aug 24
Most Active Equity Options And Strikes For The End Of Day, August 24, 2017
Stocks And Precious Metals Charts – Coiling
Gold in particular is coiling, tighter and tighter. It was hard to tell if the bounce in stocks today was something meaningful, a last ditch attempt to stave off a selling wave, or something else. Have a pleasant evening.
AMZN Crushes The Consumer Staples ETF. What’s Next?
The Trump news de jour was the likelihood of a debt ceiling vote NOT happening before the deadline, and the media loves to portray this as a time bomb for the markets. I don’t believe it, and neither did the market today. The QQQ had a rough morning sliding below Tuesday’s low and filling the […]
Ameren – Chart Of The Day
The Chart of the Day belongs to Ameren (AEE). I found the energy services stock by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 7/21 the stock gained […]
No Freaks Yet
Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB) DOW – 28 = 21,783 SPX – 5 = 2438 NAS – 7 = 6271 RUT + 4 = 1373 10 Y + .02 = 2.19% OIL + .24 = 47.64 GOLD – 4.50 = 1286.80 BITCOIN + 0.99% = 4405.76 USD ETHEREUM + 0.10% = 326.24 Stocks […]
Splunk Inc. Q2 Revenues Grew 32%; Increases Full-Year Billings And Revenue Outlook
Written by Lorimer Wilson Splunk Inc. (NASDAQ:SPLK), provider of the leading software platform for real-time Operational Intelligence, today announced results for its fiscal second quarter ended July 31, 2017. About Splunk Inc. Splunk is the market leader in analyzing machine data to deliver Operational Intelligence for security, IT and the business providing the enterprise machine […]
