According to the wikiality of the Interweb (in other words, according to hundreds of sources reposting the same message, but without actual verification), a hacker group known as “The Guardians of Peace” has communicated the following: Warning We will clearly show it to you at the very time and places “The Interview” be shown, including…
When I say the word “momentum,” what’s the first sector that comes to mind? I’m guessing it wasn’t Healthcare. Looking at today’s market, though, there is no question about it – healthcare has become a momentum sector. We can see this clearly in looking at the largest momentum ETF from ishares (MTUM), which now has…
Back in May 2013, when we wrote “How “Modern Money” Really Works” and noted that in the current environment, as a result of prudential regulation, derivative clearing requirements, bilateral margin requirements and general economic uncertainty including deflationary scares and other flights to quality/safety, there could be a gargantuan shortage of “high-quality collateral” amounting to as…
A central tenet of my view of the markets is that there’s just one worldwide pool of liquidity, and it is ruled by the same Killer Whales operating out of a few world financial capitals. We call those whales (or sharks if you prefer) Primary Dealers. They feed in the ocean of cash pumped in by the world’s major…
Investors managing their money through retirement often have different needs than during their growth and accumulation years. Oftentimes they are more focused on income and capital preservation rather than taking the risk of seeing their hard earned capital evaporate. With that goal in mind, building out a diversified portfolio using both core and strategic positions…
Investors managing their money through retirement often have different needs than during their growth and accumulation years. Oftentimes they are more focused on income and capital preservation rather than taking the risk of seeing their hard earned capital evaporate. With that goal in mind, building out a diversified portfolio using both core and strategic positions…
This asset has experienced a big move over the past year, the second largest one-year move in several decades. This assets rally has taken it up to falling resistance that first started in 2000, the move has taken momentum to a level not seen it 15-years and its hitting a Fibonacci 161%. Fibonacci extension level,…
The powerful divergence theme re-emerged and effectively ended the dramatic correction throughout the capital markets. The FOMC statement strengthened conviction of a mid-2015 lift off, even if the pace of tightening may be somewhat slower than previously anticipated. At the same time, the Swiss National Bank’s decision to move to negative interest rates, partly in…
“Falling oil prices” is ruling the headlines nowadays, a paradigm shift from oil prices hovering around $100 per barrel for the past few years supported by surging global demand, particularly in China. Oil prices have been falling due to the classic tale of supply-demand imbalance. New oil sources have contributed significantly to the global supply….
TJX Companies (TJX) is the industry leader in department stores. The company has a market cap of $45 billion, about twice as large as Macy’s (M), and nearly four times as large as Kohl’s (KSS) based on market cap. TJX sells clothing, accessories, and home goods through its T.J. Maxx, Marshalls, Home Goods, Winners, T.K….
