Unexpectedly Higher South American Crops Impact US Bean & Corn Exports
Market Analysis The USDA continued its recent trend of unexpected surprises on their monthly report. This time it was in their South American production estimates when they made some significant increases in the continent’s soybean and corn crop outlook. These larger numbers also impacted the world’s ending stocks and the US balance sheets for the […]
EUR/USD Settles Above Resistance On Hawkish ECB Leaks
The decision of the European Central Bank hardly moved the euro until Draghi uttered his words about a lack of urgency. And now the common currency gets another boost, and not only from the NFP. According to reports, the ECB discussed the option of raising rates even before bond-buying ends. The Federal Reserve initially tapered QE from early 2014 before […]
Better Oil & Gas Pipeline Dividend Stock: Enterprise Products Or Kinder Morgan?
Kinder Morgan (KMI) and Enterprise Products (EPD) are two of the biggest oil and gas transportation companies in the U.S. Both companies operate in the midstream segment, which means their assets are comprised mainly of oil and gas pipelines and terminals. However, they are very different in terms of dividends. In December 2015, Kinder Morgan cut its […]
Crude & The Waterfall
COMMENT: Marty; I have to say, the forecasting on Socrates in Oil is very impressive. It picked the high and then forecast a waterfall in February even though February closed higher. From even a technical perspective, it did not appear that such a sharp collapse would unfold. Absolutely amazing KW REPLY: This is completely a pattern recognition […]
Dead Duck – Short Twitter
I honestly never thought I’d be short Twitter, but it’s turning out to be one of my favorite positions. The reason I doubted it, of course, is because it’s already lost EIGHTY PERCENT of its peak value, so it seems sort of destroyed already. However, it’s pretty evident the company’s business model sucks out loud (sort […]
Southwest Airlines Co Cuts Key Industry Metric & Sees Sluggish Outlook
Southwest Airlines Co (NYSE: LUV) early Friday [Mar 10, 2017 | 6:37am] cut its outlook for a key industry metric amid its monthly update, sending its shares lower in premarket trading. The Dallas-based airline operator first noted that airline passenger miles rose 1.1% to 8.7 billion for the month of February. Capacity also gained 1.2%, […]
Yen, Peso Pop After Ross Targets NAFTA, Japan For Trade Deals
The yen and the peso jerked higher after President Trump’s commerce secretary Wilbur Ross commented that he expected to start renegotiating NAFTA within two weeks and that Japan will be high on the list for trade agreements. As Bloomberg reports, discussions are under way with the Finance, Ways and Means committees and the expectation is that “in the next couple […]
Does It Pay For An Index To Focus On Profits?
WisdomTree has been innovating in the sphere of equity index development for more than 10 years, and along the journey we have learned many interesting things. One question that has come up through the results of our work is: Why is the Russell 2000 Index so popular? Russell Indexes vs. S&P Indexes Over time, S&P indexes have […]
US Private-Sector Hiring Picked Up In February
Companies added more workers to payrolls in February, the Labor Dept. reports. Private-sector payrolls increased 227,000 last month, modestly higher than January’s revised 221,000 advance. A second month of robust expansion of the labor market gives the Federal Reserve another reason to hike rates at next week’s monetary policy meeting. But while the monthly change has rebounded […]
Stocks Watchlist: KKR, PENN, CVI
Payrolls coming in strong and my stocks watchlist has a few names to keep a close eye on as the market looks to rally back towards those all-time highs for the first time since….last week. If you are interested in more of my trade setups and my real-time trade alerts, then some join me in […]
