Energy Stocks Preparing A Bounce
2016 was a good year for Energy Stocks as Oil & GAS price rose significantly helping the Energy sector to recover from the drop that started since 2014. However since the recent peak early this year, Oil price stabilized in a tight range and failed to move higher before the recent 9% drop last week in both Brent Crude […]
Cracks Start To Show In High Yield As Investors Turn Cautious
The high yield new issue market came roaring back to life last week according to Bank of America’s credit strategists Michael Contopoulos and team, but despite record levels of new issuance, it appears investors are turning away from high yield credit market. Cracks Start To Show In High Yield As Investors Turn Cautious For the week […]
USD/JPY – The Point Of Truth Is Here
We have been arguing for a long time that the 115.00 level remains the separating line between dollar rally and dollar failure. Tomorrow the market will get to test that thesis as the market get ready for FOMC day. Last Friday’s Non-Farm Payrolls confirmed the US growth continues unabated. The economy generated 235,000 jobs versus […]
Will Election Cast A Pall On The Netherlands ETF?
Europe is in the spotlight this year thanks to a series of elections and referendums. In particular, the Netherlands is the first country to hold general election on March 15. The race for the position of the Dutch Prime Minister between Geert Wilders, a leader of the populist Party of Freedom (PVV), and the incumbent […]
EC Villanova Vs. Kansas: Outcome Vs. Process Strategies
It is that time of year when the markets play second fiddle to debates about which twelve seed could be this year’s Cinderella in the NCAA basketball tournament. For college basketball fans, this particular time of year has been dubbed March Madness. The widespread popularity of the NCAA tournament is not just about the games, […]
Reflections On The Global Macro Environment
Audio Length: 00:53:48 On last week’s podcast, I had the opportunity to interview Jared Dillian, author of the professional investing newsletter “The Daily Dirtnap” and a writer for Mauldin Economics, as well as Marc Chandler of Brown Brothers Harriman (BBH), a specialist on currencies. First, before I get to the discussion with the two guests: […]
How Will The Fed’s Rate Outlook Impact Markets And The Economy?
Audio Length: 00:36:56 Leigh Drogen, and SVP of Media, Christine Short, are joined by Nick Colas, Chief Market Strategist at Convergex. With the markets anticipating that the FOMC will raise rates at Wednesday’s meeting, we explore all things related with the Federal Reserve. Topics include a discussion around the probability of 3 hikes this year […]
Oil Jumps After Saudis “Explain” Production Surge
Having sent crude oil pries tumbling overnight by admitting they cheated on OPEC production cuts, Saudi officials are desperately trying to unwind that faux pas by claiming the over-production was purely for domestic storage. The problem with this “explanation” is that Saudi deliveries to China soared in January… Bloomberg reports that Saudi Arabia didn’t raise supply to the […]
Technically Speaking: Market Review & Update
“Technically Speaking” is a regular Tuesday commentary updating current market trends and highlighting shorter-term investment strategies, risks, and potential opportunities. Please send any comments or questions directly to me viaEmail, Facebook or Twitter. As I noted last week, the “Ides Of March” is upon us and there is a LOT of stuff going on that could send ripples through the market. Here is […]
March Draghi’s Press Conference And Gold
During Thursday’s press conference, Draghi sounded more hawkish than usual. What does this imply for the gold market? As we wrote on Friday, Draghi adopted a more optimistic tone during the press conference. First of all, he provided more upbeat economic projections and praised the improvement in the labor market, the decrease in cross-country heterogeneity, and the […]
