Cintas’ (CTAS) primary business is creating and servicing corporate uniform plans. The company also sells business products and services, including: Safety services first aid products Restroom supplies Document management Fire protection products Cintas was founded in 1929 as Acme Industrial Laundry Company. Cintas went public in 1983 and now has a market cap of…
EUR/JPY: Having turned back lower following a reversal of its intra day gains during Wednesday trading session, EUR/JPY eyes further bear pressure. This view remains valid as long as the cross trades and holds below the 132.79/99 zone. Resistance resides at the 132.50 level with a break above that level paving way for strength to…
Asset allocation is widely celebrated as the most-important investment decision, but the details matter… a lot. Indeed, sometimes asset allocation can be your worst enemy, depending on how the strategy is executed. Case in point: the ten asset allocation funds that periodically appear on these pages (see here and here for background) as a window into this realm. Although…
With memories of last week’s high-volume, post-Fed, quad-witching selloff fading fast, overnight the Santa rally defined as no volume, no breadth levitation, has continued for a third day and moments ago European stocks rose to their best level of the day, with the Stoxx Europe 600 Index headed for its biggest advance in a week,…
New Site Features You may have noticed that over the last month, we’ve quietly rolled out some major new social features. We’ve integrated social tagging to the site so users can tag each other in posts and use cashtags for specific stocks. We’ve also launched the ability to connect with other users. Most contributor-based sites…
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH16 +0.42%) are up +0.22% and European stocks are up +1.75%, led by strength in mining stocks and in energy and raw-material producers as the price of copper and crude oil rose. Crude oil prices (CLG16 +1.52%) are up +1.41% ahead of today’s weekly EIA inventory data after API data…
Without a modicum of doubt, oil has been the hottest and worst hit commodity this year. This is because it has been caught in a nasty web of persistent weakness in demand and global supply glut sending prices to a multi-year low. Notably, U.S. crude plunged to the lowest price of $34.42 per barrel since…
As we come to the end of 2015, liquidity will start to get smaller and people will start closing their trades. At the start of this year, expectations of a Fed rate hike meant that the main trade concerning gold was to short the metal and the recent upsurge in the price is a result…
Every few months I like to take a look at my portfolio holdings and examine my overall sector allocations to see if they meet my comfort level as to how my capital is distributed. Now that we are officially approaching the end of 2015 I think it’s as good a time as any to see how my…
In 2016 BofAML’s global equity derivatives desk expects volatility to maintain its gradual upward trend, however, to continue to be punctuated with violent but short-lived shocks owing to poor liquidity, extreme positioning and a market still heavily manipulated by (and dependent on) the central bank put.Despite below-normal levels of volatility across asset classes, we are in…
