S&P 500 At Important Juncture
Back in November and December of 2014, we released a 7 part series highlighting the weight of evidence piling up against U.S. stocks. In summary, our research showed a market top was upon us. If you weren’t with us back then, you can catch up and dig into our methods using the links below. This […]
E Are Free Trade And Shareholder Wealth Maximization Tarnished Ideas?
American voters are expressing a lack of confidence in free trade and question whether the purpose of a corporation is to maximize shareholder wealth. These two ideas have guided U.S. economic policies for decades. Why are they tarnished in the minds of voters across the political spectrum? Three developments help explain this question: the end […]
Previewing The Q1 2016 Earnings Season
The 2016 Q1 earnings season takes center stage with Alcoa’s (AA – Analyst Report) release after the close on Monday. Alcoa isn’t the overall first to report Q1 results, though it is the first S&P 500 member with a fiscal March quarter to come out with results. Companies with fiscal quarters ending in February have […]
Factory Orders And The Non-Recession Recession
Factory orders were slightly positive year-over-year (not seasonally adjusted), the first plus sign in this category since October 2014. While that may seem like a positive or at least a step in the right direction, instead it just continues to suggest the a-historic trajectory of whatever economic condition this is. To be even with February […]
Win Some, Lose A Little
Bulls continue to enjoy the benefit of greater gains paired with smaller losses. Today was no exception. The S&P holds to last week’s breakout with buying volume registering as accumulation as losses are returned on lighter volume. There is an upcoming ‘sell’ trigger in the MACD to watch and relative performance has moved away from […]
Ridiculous Economic Policy Chart Of The Week- US Worker Weekly Earnings
Whatever the central bankers and economic policy makers are doing sure is not helping US workers earn bigger paychecks. The collapse in the growth rate of employee earnings attests not only to the pressure on the wages of existing jobholders, but also to the horseshit, lousy, low-pay jobs the economy is adding while everyone else’s weekly […]
Oil Is Setting Up For A Massive Short Squeeze Before OPEC Doha Meeting
Barclays, BNP Paribas and a bunch of shorts are going to have to cover before the Doha Meeting. Expect the short squeeze to begin sometime this week. (Video length 00:06:43)
S&P 500 Snapshot: Another Day In The Doldrums
Global markets spent the day trading in narrow ranges with fractional changes from their Friday closes. Japan’s Nikkei slipped 0.25%, China’s Shanghai rose 0.17%, the Euro STOXX 50 rose 0.30%. US equities followed suit. Our benchmark S&P 500 traded in a narrow range from its 0.06% intraday high shortly after the open to its -0.49% […]
Navient Declares Second Quarter Common Stock Dividend
WILMINGTON, Del., April 04, 2016 (GLOBE NEWSWIRE) — Navient (Nasdaq:NAVI), the nation’s leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 second quarter dividend of $0.16 per share on the company’s common stock. The second quarter 2016 dividend will be paid on June 17, 2016, to […]
The (Non)Appeal Of More Debt
While continuing to tout an economic recovery that is being missed by far too many, the government and economists say one thing and then move toward the other. The unemployment rate claims one economic version that is talked about openly, but then there are “little things” that various official capacities seek to carry out suggesting […]
