It’s bad enough when economic writers are clueless about how markets work. It’s worse when Fed economists are clueless. Check out this Tweet by @StLoiusFed. Negative interest rates may seem ludicrous, but not if they succeed in pushing people to invest in something more stimulating to the economy than government bonds https://t.co/oAzUAA3lS8 pic.twitter.com/7p2mv3lDog — St….
Happy Holidays! I wish all y’all a happy and healthy 2018… but will the equity markets be able to extend their unprecedented, seemingly unstoppable, foray into new record high territory. Does it really matter? Perhaps not to everyone. There’s always been a cliff: 1987, 1999, 2007; there’s always been a year-end “window dressing” With interest rates…
We ended last week with a clear sign that global “dollars” are in (escalating) shortage. I would write “again” with that sentence but there is every indication that said shortage never really ended. It’s not like last year’s “reflation” was a switch from insufficient supply to sufficient, rather it was a relative change to a degree that…
CONSHOHOCKEN, Pa., Dec. 18, 2017 (GLOBE NEWSWIRE) — Madrigal Pharmaceuticals, Inc. (Nasdaq: MDGL), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for cardiovascular, metabolic and liver diseases, today announced that it has commenced an underwritten public offering of $100 million of its common stock. Madrigal also intends to grant the underwriters…
While we don’t ever suggest that investors should base their trading solely on the calendar, there is evidence that the market and many stocks do indeed follow seasonal patterns. This makes our S&P 500 Stock Seasonality report a useful addition to every investor’s toolbox. Using the last ten years worth of price data, our Stock Seasonality report looks at…
Having passed 6,000 for the first time in April, Nasdaq has now soared 17% since then to surpass 7,000 today… As soon as cash markets closed last Friday (quad witch), US equity futures spiked… then spiked again on Sunday night’s open, and again at the US equity cash open this morning… And VIX has been…
A few years ago, we developed the hedged portfolio method of investing. The basic idea was to find securities that had high expected returns over the next six months and were also relatively cheap to hedge and then to buy and hedge a handful of those names every six months. We backtested the approach a…
The Walt Disney Company (DIS – Free Report) seems to be gaining ground with its latest release Star Wars: The Last Jedi raking in $450 million in the opening weekend. This is the second flick under the Lucasfilm’s latest Star Wars trilogy, the first one being Star Wars: The Force Awakens. In fact, this eighth episode of Star Wars has set…
Shares of Twitter (TWTR) are on the rise after JPMorgan analyst Doug Anmuth upgraded the stock to Overweight, a buy-equivalent rating, as he believes product improvements and user growth should drive revenue inflection. Meanwhile, his peer at Summit Redstone started coverage of the microblogging service stock with a Buy rating, pointing to similar reasons. BUY…
