Nasdaq Gives Up All Of Monday’s Manic Melt-Up Gains
Well that escalated quickly… Click on picture to enlarge
Monthly Archives: August 2015
Pension Plan Divestment And ESG Investing
In its quest to advise the City Mayor, Boris Johnson, about climate change, the London Assembly urges the London Pension Fund Authority (“LPFA”) to rid itself of its carbon (“specifically fossil fuels”) investments and allocate the proceeds to “responsible funds, which deliver appropriate returns to the taxpayer.” They reference the National Association of Pension Funds (“NAPF”) and its recognition…
Another Look At Long-Term Trends In Employment By Age Group
Note: This commentary has been updated with the latest numbers from last week’s Employment Report. The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military…
When Does The Long Platform Gaming Stocks And Short Mobile Gaming
Welcome to the August 11 edition of This Week on Estimize. We are pleased to be joined by Dan Schleifer, founder of ChartIQ. In this episode, Leigh and Dan discuss the the cybersecurity space with CyberArk and Symantec reporting this week, the gaming industry with King Digital and Take Two Interactive releasing earnings, Fossil vs. the Apple watch and Advanced Auto…
Binary Options Trading Opportunities – August 11, 2015
Silver markets look ready to break out We are watching the summer markets currently, because the $15.00 level has been so resistive. If we can break above there on a daily close, we would be call buyers as the market should then head to the $15.50 handle. On the other hand, if we get some…
Recession Imminent As Wholesale Inventories Surge, Sales Disappoi
The ratio of wholesale inventories-to-sales pushed back up to 1.3 – its highest since the recession and is flashing an enormous red flag for an imminent recession in America… with the automotive industry the biggest factor in this. A bigger-than-expeted 0.9% surge in inventories (biggest since April 2014) was accompanied by a considerably slower than expected 0.1%…
2Q2015 (Preliminary): Headline Productivity Improves, Costs Down
A simple summary of the headlines for this release is that the growth of productivity exceeded the growth of costs (headline quarter-over-quarter analysis). The year-over-year analysis says the opposite. I personally do not understand why anyone would look at the data in this series as the trends are changed from release to release. The market…
Leading Magazine Says Buy Commodities – Are They On Track?
CLICK ON CHART TO ENLARGE Barron’s has been bullish equities for a good while and they have been on track with this call! Now they are suggesting to “Buy Commodities.” Are they on track again? The chart above looks at the Thompson/Reuters Commodity index on a monthly basis going back to the 1960’s. Back in…
Gold Stocks At An Interesting Juncture
A Fascinating Parallel We have recently discussed the sentiment and positioning backdrop in gold on two separate occasion, as it has once again reached rarely encountered extremes (see “Gold Panic” and “Gold and the Grave Dancers” for details). Image via bullionstreet.com Not much has changed on that front, except for the fact that small speculators have increased…
Are These 3 Billionaires Right About Phillips 66?
Warren Buffett, Daniel Loeb, and T. Boone Pickens have all invested in Phillips 66. The company trades at a price-to-earnings multiple of just 11.8 using adjusted earnings-per-share. The company has an above-average 2.7% dividend yield as well. At first glance, Phillips 66 appears undervalued. This article takes a deeper look into the company’s operations to…