It was quite a week… Dow, S&P up 5th week in a row VIX up Long Bond’s worst week since the election HY Bond down 4th week in a row Bitcoin’s worst week since Dec 2013 Gold’s best week in 2 months Copper’s best 2 weeks since election But cryptocurrencies made all the headlines this…
With 2017 wrapping up, now is the perfect time of year to recap the ups and downs of the housing market. Which markets were hot? Which markets saw significant job growth? Which markets were most affordable? Unemployment rates, public transportation infrastructure, home prices, income growth, and economic growth are just a few of the factors we reviewed to…
Craig Hemke joins me today to look at the moves this week in the metals and assess what could come in 2018. There are always things to be excited about but which ones stand a good change of developing in the new year? (Audio length 00:12:26)
Has the love affair with FAANG stocks ended? Just as Bank of America Merrill Lynch was pointing out that technology stocks started to become a crowded trade, along comes Morgan Stanley analysis that breaks down the beta factor performance models. In short, they see volatility ahead — which can disrupt existing momentum trades. When looking at the…
With the Dow Jones Industrial Average approaching 25,000, the S&P 500 touching 2,700, and the tech-heavy Nasdaq Composite topping 7,000, our quantitative strategy has once again harvested considerable quarterly gains. The US stock market is likely to have its second-best year since the financial crisis. While the Dow has touched a new all-time high one…
USDCHF: The With the pair halting its weakness the past week, more strength is envisaged. On the downside, support lies at the 0.9850 level. A turn below here will open the door for more weakness towards the 0.9800 level and then the 0.9750 level. On the upside, resistance resides at the 0.9950 level where a…
Thanks to a late-day sell-off Thursday (Dec. 21), the Dow Jones Industrial Average just missed yet another record-high close. Even so, this illustrious index has already logged an incredible 70 record-high closes in 2017, more than in any other year in its 122-year history. But even with the market soaring in 2017, there are still…
Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 146.5, down 1.0 from the previous week and another record high. Year-over-year the four-week moving average of the indicator is now at 2.96%, down from 3.40% last week. The WLI Growth indicator is now at 3.4, unchanged from the…
No one should have any doubt about the main impact of the Republican tax cuts. These tax cuts are about giving more money to the richest people in the country. After four decades of the largest upward redistribution in the history of the world, the Republican tax cuts give even more money to the big…
Coming before a prolonged holiday week in the U.S., we suspect that this may be the least read of any post appearing on Political Calculations during 2017, but we’d like to knock it out before we go on our own year-end holiday, where we have just one more post after this one to present in…
