Hellz Yeah! European Stocks Explode, US Set To Rally As Market Celebrates Macron
The final tally was Macron 23.75%, Le Pen 21.53% and to say markets are relieved would be an understatement. One peculiar thing is that it seems completely lost on everyone that Marine Le Pen did indeed make the second round. So it’s not exactly like populism just fell flat in Sunday’s vote. Rather, the enthusiasm […]
Euro Hits Five-Months High As Macron And Le Pen Advance To Round Two Of French Election
Voters in France rebuked traditional mainstream parties on Sunday by endorsing independent Emmanuel Macron and the National Front’s Marine Le Pen, setting the stage for a high-stakes run-off vote in two weeks’ time. With nearly 90% of the votes declared, Macron held roughly 24% of the popular vote. Le Pen was a close second at […]
What Makes ETFs Tax Efficient?
Exchange-traded funds (ETFs) have many benefits that have caused them to expand in terms of assets and offerings over the past decade. In the United States alone, the ETF industry has grown to over $2.7 trillion in assets.1 Not only are ETFs typically low cost and extremely transparent, a key characteristic and an attractive feature is […]
US Bond Market Week In Review: A More Nuanced Understanding Of The Declining Labor Force Participation Rate
The Federal Reserve is subject to a dual mandate: price stability and maximum employment. Although the unemployment rate is the most commonly reported labor market statistic, since the end of the great recession analysts have correctly observed there are several other methods of measuring the labor market’s health. Additionally, over the last several years, political […]
EU Politicians Breathe A Collective Sign Of Relief
And so the politicians in Europe and Brussels breathe an audible collective sigh of relief as their gold-plated pensions and executive perks look set to be safe for a little while longer, as the single currency lurches and stumbles its way through another potential crisis which now appears to have been diverted. Markets of course […]
Top 4 Trading Assets To Watch This Week – Monday, April 24
Traders are watching the French presidential elections with increased interest. There is growing concern that a shock result could send the Eurozone into a tailspin. The GBP/EUR pair is currently trending marginally higher; however, the French election has resulted in a dramatic weakening of the EUR/GBP in 2017. The EUR/USD pair has also appreciated somewhat, […]
The Passive Indexing Trap
I have been in the “money game” for a long time starting with a bank just prior to the crash of 1987. I make this point only to say that I have seen several full market cycles in my life, and my perspectives are based on experience rather than theory. In 1999, there was a media personality […]
Stock Trading Alert: New Rally Or More Medium-Term Fluctuations?
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index). Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year’s all-time high: Intraday outlook (next 24 hours): bearish Short-term outlook (next […]
Bull Pennant Breakout
Well, it’s 3 in the morning and I’m finally back in San Francisco. I am NOT looking forward to Monday. Very little sleep and a roaring market is not my cup of tea. In any case, although I’m the last guy who wants to mention this, we’ve got a bullish breakout on our hands. It’s […]
Euphoria Returns: European Stocks Soar, DAX Hits Record; S&P Futs Surge In “French Relief Rally”
Risk is definitely on this morning as European shares soar, led by French stocks and a new record high in Germany’s DAX, after a “French relief rally” in which the first round of the country’s presidential elections prompted investors to bet that establishment candidate Emmanuel Macron will win a runoff vote next month, and who […]
