Nasdaq Nabs Record Close; Dow Stuck In Historic Slump
Stocks were mostly higher today, though the Dow extended its losing streak to six-year proportions. Despite bouncing off session lows and briefly entering the black, the blue-chip index ultimately finished lower for the eight-straight day, its longest losing streak since June 2018. The S&P 500 and Nasdaq both secured wins, the latter notching a record close as […]
Quantum Stocks Leap
Alphabet (GOOGL) has continued to surge higher since last week when it had a delayed response to news that its Willow quantum computing chip had made a breakthrough in the speed in which it can solve problems. GOOGL shares are up another 4.5% today and are now up more than 13% since last Monday’s close. As shown below, GOOGL experienced […]
The German Government Collapses, Early Elections Are Coming Up
Scholz Loses Confidence VoteThe Wall Street Journal reports Germany Heads Toward Early Elections After Scholz Loses Confidence Vote Embattled German Chancellor Olaf Scholz lost a confidence vote on Monday, the first step in a sequence of events that will lead to early elections next year—and the latest symptom of mounting political instability in Europe. Monday’s vote […]
Updating The Nonfinancial Long Leading Indicators
I haven’t “officially” updated my take on the long leading indicators – those that forecast a recession at least one year beforehand – in almost two years. That’s because the hurricane force tailwind of the supply-side deflationary unlinking of the global supply chain completely swamped everything else. So if I were to examine, e.g., corporate […]
The Porridge Is Warm
Image Source: Pexels In this short clip, Samantha LaDuc and Hans Albrecht discuss the current market dynamics, including the impact of CPI data and the Federal Reserve’s anticipated rate cut.They highlight the ongoing “low volatility” environment, recent parabolic moves in the market, and the potential for further upside fueled by strong gamma positioning.Hans shares insights into […]
Optimists Say Don’t Worry About Bubbles, That’s Bad Advice
↵Image Source: Pixabay A house on our street recently sold for $8 million to a buyer in his early 40s. Our mutual tradesperson had the scoop: the guy made his money in Bitcoin. This is his summer house; he lives in Hawaii. On closing, he installed lifts in the garage, stacked them with exotic cars, and […]
European ETF Flow Insights – November 2024
Image Source: Pixabay November 2024 was another month with strong inflows for the European ETF industry.Following the new all-time high monthly inflows in October (+€28.5 bn), the inflows into ETFs in Europe marked another all-time high (+€29.3 bn) in November. These inflows drove the estimated year-to-date net flows up to €225.0 bn, which would mark a […]
Three Areas Of Profits That 99% Of Investors Are Ignoring
Image Source: Pexels One of the key differentiators for investors is your ability to find profits in the markets. It sounds obvious, but you’d be amazed how many people keep staring at the same charts waiting for something to happen… while other investments are soaring and making investors extraordinary profits.Consider the “Trump Trade”, for example.The overall […]
Why Is The Fed Cutting Rates?
Image source: Pixabay The S&P Global Services Report for December beats expectations, signaling strong economic growth and optimism for the future.• Insights on the Fed’s upcoming rate decision and the surprising divergence between policy statements and financial conditions.• A closer look at U.S. Treasury yields and the global factors influencing them, including weak Chinese economic data […]
Market Default: Buy Tech
Image Source: Pexels — Bulletproof tech–the Nasdaq composite and QQQ’s made new all-time highs Friday 13, 2024. — The heavily “Magnificent Seven”-weighted S&P 500 (approx. 36% of the index’s total market value in “Mag Seven names”) is down less than 1% from its record high recorded a week ago.— Everything else seems to be in for liquidation … the Dow (minus 3% in the […]
