While the plastic fantastic were busy blowing smoke up their own asses non-stop, all global markets peakedStocks are rolling over like it’s Y2KEmerging Market currencies and credit are getting shellacked like 1997Commodities are in 2008 melt-down modeAll at the same time.“No blind man saw that coming”NYSE Composite % of stocks above 200 day moving average:‘Conomy is entering a Third Wave […]
The sheer size and importance of China’s equity markets cannot be overstated. Second in size only to the New York Stock Exchange, the combined value of the Asian country’s stock markets is $14 trillion and change. Or at least it was, before they fell 30 percent, wiping away nearly $2 trillion in value. To put this in perspective, the gross […]
SummaryIn this series of articles, I will be reviewing individual industry sectors and selecting my favorite stock picks for 2015.
For Part 52, I will be reviewing the Trading Companies & Distributors sector, taking a look at revenue/earnings growth and the overall financial stability of the companies.
Out of this group of stocks, my top picks for the remainder of the year […]
Jun. 29, 2015, 7:17 AM
Greece’s Athens Stock Exchange General Index is closed until at least July 6 as markets await the outcome of Greece’s referendum, but that has not stopped Greek stocks from crashing.The Global X FTSE Greece 20 ETF (GREK) is lower by 15% in pre-market trading on Monday. The early selling has GREK trading below the $10 level for […]
Jun. 10, 2015, 1:52 PM
Aside from the inflation fueled Venezuela Stock Market Index, China’s Shanghai Composite is the top performing stock market in the world so far in 2015. The Shanghai Composite is up 58% year-to-date, and 151% year-over-year.However, if the bull market that occurred from July 2005 until October 2007 is any indication, the rally is just getting […]
ETF Stats for May 2015 – Spot Failures and Extreme MakeoversJune 6, 2015 by Ron RowlandFiled under Commentary, ETF Statistics, Extreme MakeoversSixteen new products were introduced in May and five were closed. Both the launch and closure counts should have been higher by ten, but Invesco PowerShares decided to perform an extreme-makeover on ten of its ETFs. Additionally, new entrant […]
Bloomberg TVTom LeeIn the last few weeks, concern has grown that US stocks may have peaked. Fundstrat Global’s Tom Lee isn’t so worried. In fact, he’s got a 2,325 year-end target for the S&P 500. That’s 11% higher from Friday’s levels.”[W]e continue to see a “catch-up” trade for US equities through year-end,” Lee wrote in a note to clients.”The natural question […]
Recognized as the world’s single biggest attraction for high rollers at the gambling tables, Macau is the only location in the People’s Republic of China where betting on the roll of the dice is legal. Macau is just a short ferry ride from Hong Kong, through which many mainlanders travel to get to the casinos. As such, the former Portuguese […]
Has the U.S. stock market been strong or weak so far in 2015? As the above three charts from the excellent FinViz site indicate, the answer very much depends on the segment of the market you’ve been following and trading.With respect to stock sectors, consumer discretionary and healthcare shares have performed well. Note the strength in housing stocks (XHB) and […]
Swing trading falls between short-term intraday trading and long-term fundamental-based investing. Swing traders hold a specific position for a few days or weeks expecting price momentum, cyclic, or trend reversal patterns to materialize. The focus is not on the fundamental or intrinsic value of a stock, but rather on price trends and patterns over a shorter term.Swing trading requires timely […]