US equities initially sold off on this morning’s Jobs Report, but then reversed as Wall Street looked at the landscape and decided that come hell or high water for the real economies of the world, the Fed has our back. The major indices are now at their 2016 highs. And they are now at…
Large cap funds usually provide a safer option to risk-averse investors when compared to small cap and mid cap funds. These funds have exposure to large cap stocks, with long-term performance history and more stability than what mid cap or small caps offer. Companies with market capitalization of more than $10 billion are generally considered…
Today`s Baker Hughes Rig Count data spells real trouble for U.S. Oil Production for the remainder of 2016. At this pace, we are going to start having massive declines in U.S. Domestic Oil Production. (Video length 00:05:02)
Capital flight from one Eurozone country to another, continues to rise. That capital flight is a measure of trust of of a nation’s banks. Capital flight is ongoing in Spain, Italy, Greece, France, and Portugal in that order. The recipient countries are Germany, Luxembourg, Finland, and the Netherlands in that order. Some charts and tables…
High dividend Master Limited Partnerships (MLP) have been decimated as measured by the Alerian MLP index which is down roughly 50% since August 2014. Once the darlings of income-seeking investors, fear has set in as many investors sold out of their positions believing low energy prices would create a vicious circle whereby MLPs would be…
ECRI’s WLI Growth Index which forecasts economic growth six months forward has broken into positive territory.This index spent the last 34 consecutive weeks in negative territory. Current ECRI WLI Level and Growth Index: Here is this week’s update on ECRI’s Weekly Leading Index (note – a positive number indicates growth): U.S. Weekly Leading Index Rises…
I just wanted to touch base before the week comes to an end. Overall I think it was a fantastic week in terms of providing real-time analysis that unfolded exactly as out analysis predicted a with Fed news and employment numbers. This was an extremely difficult week to trade and was coasted through it and…
This is a beautiful inverse head and shoulders pattern that SPX is close to breaking through here. Once it confirms there is a good chance there is another additional 20 points of upside before the index reaches its pattern target. Here’s the IH&S pattern:
This is a beautiful inverse head and shoulders pattern that SPX is close to breaking through here. Once it confirms there is a good chance there is another additional 20 points of upside before the index reaches its pattern target. Here’s the IH&S pattern:
This morning, the March nonfarm payrolls report topped expectations as the economy added 215,000 jobs, versus economists’ target of 205,000. The report will be hailed as another win for the U.S. economy, as job growth above 200,000 is considered solid. Beating Wall Street’s expectations was just icing on the cake. And so, analysts and investors…
