The year 2016 will see a number of important events: the US presidential election, the Summer Olympics, and, according to a growing number of market analysts, another financial crisis.Why? What’s so special about 2016? That’s the interesting thing—they all have different reasons.First, I have to admit, I didn’t realize this pattern until it reached a certain level of blatant obviousness […]
by Lee Adler, Wall Street ExaminerWhile the media focuses on the meaningless short term squiggles in consumer confidence indicators, I like to look at the long term trend. I like it because US consumers in the aggregate are far better forecasters of markets and the US economy than are the professional economic and financial pundits who are so focused on […]
People think U.S. stocks are expensive…Yes, they have gone up a lot… But according to our favorite measure of stock market value, stocks are NOT expensive.It’s a simple indicator, but it encompasses the important stuff. And right now, it’s telling us you could make double-digit profits in stocks over the next 12 months…When our in-house stock market value indicator is […]
How to Trade the RBNZ Rate Statement – July 21, 2014By Forexminute – James Brennan | Weekly Fundamental Analysis | Jul 21, 2014 7:11AM BSTThe Reserve Bank of New Zealand is set to make its interest rate statement this week and this might be one of the most market-moving economic events among those lined up. The central bank is widely […]
SummaryBonds continue to defy the experts.
Bonds rallying since December even as the Fed tapers back its QE bond-buying, and even as pressures build for the Fed to begin raising interest rates sooner than expected.
They tend to move opposite to stocks, yet have rallied even though the stock market has rallied to new highs.
The Fed says the economy remains healthy enough […]
Down for most of the trading day, stocks pulled out a win for Friday on late-day trading by institutions and indexed portfolios to reflect the annual rebalancing of the Russell Index constituents. The Dow Jones Industrials, thanks to an 80-point swing in the last two hours of trading, finished up 6 points for Friday, trimming the week’s loss to 95 […]
Gains in media stocks helped benchmarks shrug off weak economic data and settle in the green. Investors ignored the biggest contraction of the U.S. economy in the first quarter since early 2009 and also overlooked an unexpected fall in durable goods order. Broadcaster stocks rose on Wednesday after Supreme Court ruled in their favor over start-up online-video service provider, Aereo […]
The U.S. equity markets have lately been testing uncharted territories, with two out of three major indices scaling record highs amid questionable fundamentals. Both S&P 500 and Dow Jones closed at new lifetime highs last Monday.In the face of a mixed bag of economic news, and continued uncertainty in overseas markets, Bullish traders remain at the helm in shaping the […]
Stock Market Breaking Bad Stock-Markets / Stock Markets 2014Jun 07, 2014 – 05:21 PM GMTBy: Jesse
Non-Farm Payrolls came in a tad to the low side, but close enough to be considered ‘in-line.’Stocks continued to romp higher. The Russell 2000 and the broader market continue to lag a bit, but has finally returned to even money […]
SummaryOur monthly “Continuum” chart anticipated a misstep for the “Great Rotation” crowd.
Yields are now approaching support, and we are no longer bullish on T bonds.
Beyond nominal bond considerations, […]
