April 2015 Sea Container Counts Continue To Demonstrate Weak Conditions In The USA And Globally
The data for this series continues to be weak. Not only is year-to-date volumes contracting for both imports and exports – but both April exports and imports are contracting month-over-month and year-over-year. This continues to indicate weak economic conditions domestically and globally. Consider that imports final sales are added to GDP usually several months after […]
EC Exchange Rate Regimes And The Global Financial Cycle
Relevant or Irrelevant? The highly integrated nature of the global financial system was amply demonstrated, if we needed any reminder, by the turmoil in emerging market currency and bond markets in the wake of Fed Chairman Bernanke’s statements regarding the normalization of U.S. monetary policy, i.e., the “taper tantrum”. Following close on the heels of […]
Avery Dennison – Today’s Best Large Cap
Today I wanted to find the best Large Cap stock so I used Barchart to sort the S&P 500 Large Cap Index stocks to see which stock had the most advances in the last month. Avery Dennison (NYSE:AVY) was at the top of the list with 17 advances in the last 20 trading sessions. Barchart technical indicators: […]
Growth ETFs At The Heart Of The Market Rally
Economic and political woes are swarming world over. Yet the U.S. stock market continues to enjoy the longest bull run since the 1940s. Both the S&P 500 (SPY) and Dow Jones (DIA) touched new highs yet again in the Monday trading session while the Nasdaq Composite index (QQQ) and the small cap Russell 2000 index […]
E Out Of The Ivory Tower – Why Stock Prices Are What They Are, Part 3
<< Read Part 1:Why Stock Prices Are What They Are <<Read Part 2: From Dividends To EPS – Why Stock Prices Are What They Are This is the third installment in a series that explains why stocks are priced as they are (or for those who prefer a more precise view, why supply and demand trends […]
Vestas Has The Wind At Its Back
The once-respected stock of the global leader in wind turbines fell 96% from its peak in 2008 to its nadir in 2012. An almost-comedic series of managerial errors felled the stock. Foremost among these was launching a dramatic expansion plan in the midst of the 2008-2009 financial crisis, which caused many governments to […]
Breakouts Or Fakeouts?
Conviction Drives Pricing When the conviction to own stocks is higher than the conviction to sell stocks, markets tend to rise. Therefore, we can learn something in any market by focusing on the fact that all trades have a buyer and a seller. A Bullish Triangle For The Bulls The S&P 500 recently broke above […]
ABCs Of The AIIB
The 57 founding members of the China-sponsored Asian Investment Bank will meet on May 20 in Singapore. Many countries rushed to join the new development bank before the March 31 deadline even though key rules had not been decided. Even the size of the new institution had not it officially set. Chinese initiatives often meet several […]
Analysts Remain Positive On Yum! Brands On China Spin-Off Speculation
Rumors have been circulating for a while that KFC, Pizza Hut, and Taco Bell owner Yum! Brands (NYSE: YUM) will spin off its China division as it is still recovering from an expired meat scandal which took place in August of last year. After attending a YUM investor conference in China last week, J.P Morgan analyst John […]
An Update On Energy Sector: Resistance Ahead?
On March 16,2015 I created a post where we looked at the potential support zone in the Energy sector etf (XLE) using prior supply-demand patterns. Click here to view post. At that point XLE was trading around $75, over the next couple months the Energy sector continued to rally and got as high as $83.66, some 11.50% […]
