We are now in the second term of President Obama’s term in office. While the Presidential Cycle Pattern shows similarities among all presidential terms in the stock market’s behavior, it is poorly appreciated how the 2nd term is often different from the first in its character.The lead chart this week compares the current behavior of the SP500 to an average […]
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There’s a huge disconnect in the US stock market right now.A new Bank of America Merrill Lynch survey published Friday finds that U.S. investors have pulled $79B out of equities year to date — including net outflows in 9 of the past 10 weeks — despite stock prices continuing to break new record highs.On Thursday, the Nasdaq closed at its […]
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There’s a huge disconnect in the US stock market right now.A new Bank of America Merrill Lynch survey published Friday finds that US investors have pulled $79B out of equities year to date — including net outflows in 9 of the past 10 weeks — despite stock prices continuing to break new record highs.On Thursday, the Nasdaq closed at its […]
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The Nasdaq is back at all-time highs. After closing at 5,048 back in March 2000, the Nasdaq took more than 15 years to close above that level, closing at 5,056 on Thursday to make a new record closing high. During the day on Thursday, the S&P 500 also breached an intraday record high. And while it’s been a long road for […]
Here are updated charts for what we might call the breadth of market strength and weakness. (Raw data from the excellent Stock Charts site.) Any individual stock can give a buy or sell signal according to rules from a technical trading system. The top chart reflects Wilder’s Parabolic Stop-and-Reverse (SAR) system; the middle chart tracks a system based on Bollinger […]
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“Over the past 10 years, S&P 500 constituents have bought back nearly $4 trillion of stock while investors have added cumulative inflows of less than $100 billion to US equities via mutual funds and exchange traded funds,” Citi’s Tobias Levkovich said in a note to clients today.This is not news. But it continues to be a jarring reminder of […]
There are a lot of options for your hard earned capital and no shortage of folks wanting to tell you how to use it.Recent trends have been very profitable in different sectors. On the other hand, energy has displayed a horrendous previous 52 weeks.So here are 5 reasons not to invest in energy.Biotech is hot right now, having risen 30% […]
A series of unsettling trends from soaring debt to falling spending suggest a U.S. stock market crash in 2015 looks increasingly likely.Lately the six-year bull market has been looking tired. Despite a lot of volatility, stocks overall are flat on the year.Meanwhile, the Dow Jones Industrial Average and the Standard & Poor’s 500 are both within 3% of their all-time […]
Trading Nation: How hot can biotech get?
David Seaburg, Cowen & Co., and Ari Wald, Oppenheimer, join “Power Lunch” to discuss the biotech rally.
Biotech stocks have been on fire. The industry has risen 40 percent in the past year, and added 2.3 percent on Friday alone. This after drug giant Biogen reported positive results for a new Alzheimer’s drug, leading its […]
PAUL TUDOR JONES: Income inequality will end in revolution, taxes, or war by BusinessInsider.com : Thursday 06:14:19 CTCategories: markets, streamLegendary hedge fund manager Paul Tudor Jones II gave a dire warning about the growing gap between the rich and the poor in the US during a sold out TED Talk in Canada this week.“Now here’s a macro forecast that’s easy […]
