After the ECB’s disappointment yesterday market nerves were shattered, but the largely as expected US jobs data may help the focus return to the underlying fundamental fact. The ECB just eased policy. Not as much as the market expected, and that speaks to market positioning, but it did ease. And the 211k increase in November…
The stock whisper of the day is: (GDX), (SLV), (BAC), (USO), (SPY). Video Length: 00:03:55
Written by PitchBook Introduction Assessing the performance of private equity and venture capital funds is crucial and challenging in equal measure. The timeline of performance reporting is just one of the key considerations; as fund performance data trails overall investment activity statistics by a matter of months, accurately analyzing those separate datasets to produce a comprehensive overview…
It appears the December rate hike is now cemented following the BLS’ report that November jobs rose by 211K, higher than the 200K expected, and well above Janet Yellen’s “whisper” number of just 100,000 being sufficient. This follows an even stronger revision to the October number from 271K to a whopping 298K. The unemployment rate…
The Power of the Pattern has been sharing with members for months, that what the DAX Index in Germany and Bio-Tech does, has a large impact, on the broad markets in the states. The chart above looks at the DAX index over the past few years. The DAX remains inside of a 5-year rising channel….
The strongest stocks are in the strongest industries. Makes sense when you say it like that. But how can we identify the strongest industries out there? Should we use relative strength? Should it be based on the performance of the underlying stocks? Let’s not sit here and over complicate the situation. We’ve already got an…
The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. November was exciting as ever as my year over year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital,…
When it rains it pours for Valeant VRX. CVS CVS and Express Scripts ESRX dropped Philidor from their pharmacy networks due to noncompliance with provider agreements. Valeant promptly cut ties with Philidor, citing a loss of confidence in the specialty pharmacy group’s ability to operate in a manner acceptable to patients and doctors. Now Standard…
OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ15 +0.28%) are up +0.32% on expectations that today’s U.S. Nov non-farm payroll report will show strength in the labor market, while European stocks are down -0.58% at a 6-week low on lingering disappointment that the ECB failed to expand QE at Thursday’s policy meeting. Losses in European…
The EUR/USD had a remarkable session on Thursday, reaching over for handles at one point. This market is without a doubt testing major resistance above, and quite frankly I feel that today could be the most important trading session for the value the US dollar going forward. After all, this was a knee-jerk reaction in…
