Now I am really glad that I shed all my index shorts and VIX longs yesterday. Santa Claus will not be denied, and will be visiting bonuses on all the little girls and boys on Wall Street. As by now I am sure you have heard, we had a ‘goldilocks’ jobs number today, good enough…
This is great. Pickens and Icahn feature in Deep Value and here they chat about some of the players, including Icahn’s old right-hand-man Alfred Kingsley, and names–Hugoton, Southland and so on–from back in the day. T. Boone Pickens sat down with legendary businessman and activist shareholder, Carl Icahn. The two men discussed energy security, including the effect…
Hormel Foods (NYSE:HRL) is the Barchart Chart of the Day. The meat products company has a Trend Spotter buy signal, a Weighted Alpha of 56.00+ and gained 46.91% in the last year. The Chart of the Day belongs to Hormel Foods. I found the meat products stock by using Barchart to sort the Russell 3000 Index stocks first for the highest…
Although Milton Friedman and Monetarism became less chic as the Reagan-Thatcher era faded, the Fed continues to act as if the money supply is the main lever for managing the economy. Actually, though, the theory is fine. The problem is that policymakers and the financial markets have been turning blind eyes to 25 percent of…
A REIT worth owning should reward investors with regular dividend rate increases. The typical REIT announces a new, higher dividend once a year, followed by four quarterly payouts at the new rate. Across the REIT world, increases happen every month of the year, but January is a popular month for companies to announce a new…
It has long been our contention at Hennion & Walsh that, for income oriented investors, bonds can provide for a dependable and consistent stream of income, and principal protection when held to maturity. Bonds, whether they are Municipal, Government or Corporate bonds, can also provide for compounded growth opportunities when the income received from the…
There’s one piece of market-related data that I check faithfully – and I believe all serious investors should do the same. It’s the monthly survey of fund managers from around the world, conducted by Bank of America Merrill Lynch. The latest survey includes 201 fund managers with a total of $576 billion worth of assets…
The final meeting of the Federal Reserve on Dec 16 is sure to cook up a storm as it will likely result in an interest rate hike for the first time in almost a decade. Notably, in a speech to the Economic Club of Washington, Fed Chairperson Janet Yellen articulated her confidence in the…
ECRI’s WLI Growth Index which forecasts economic growth six months forward – improved but remains in negative territory. This index had spent 28 weeks in negative territory, then 15 weeks in positive territory – and now is in its 16th week in negative territory. Today, ECRI released its inflation gauge and is discussed below. Current…
Rampaging bulls were corralled – initially by expected limited follow-through to start-off Wednesday’s session; all inline with a phony upside December start. So in-line with our suspicion that Tuesday’s upside romp was likely a one-day-wonder short-squeeze; we moved to the short-side, notably with just a half hour of lateral behavior (2100-2102) easing implementing any sales or short-sales at the guideline…
