“Outrageous Prediction” Definition Saxo Bank points out their “Outrageous Predictions for 2018 “are not their actual forecasts. Rather, they are a list of supposed “1% likelihood” events that Saxo really feels should be considered as 10% likely or higher. In other words, they bring together a list of things that may happen, in an effort…
The latest Conference Board Leading Economic Index (LEI) for November increased to 130.9 from 130.4 in October. The Coincident Economic Index (CEI) came in at 116.5, up from the previous month. The Conference Board LEI for the U.S. increased again in November, with positive contributions from the ISM® new orders, consumer confidence and the financial components more…
Thanks to Trump’s pro-growth economic policies aimed at accelerating economic improvement, reducing regulation, increasing spending, slashing taxes, and boosting jobs and corporate profits, the U.S. stock market is in the midst of the second largest bull run this year. In fact, the major indices hit a series of fresh highs early this week on optimism…
The end of the year is almost here, so we’re getting the usual flood of end-of-the-year and preview 2018 reports. Nomura analysts have entered the fray with their grey swan predictions for 2018, which include an interesting mix of tidbits such as lessons from the movies about 2018, continuing impacts of Amazon and e-commerce on…
Hurricanes continue to impact claims taking procedures in the Virgin Islands and Puerto Rico. The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 230 K to 240 K (consensus 234,000), and the Department of Labor reported 245,000 new claims. The more important (because of the volatility in the weekly reported claims and…
The Chart of the Day belongs to IntriCon (IIN). I found the microminiaturized electronic components stock by using Barchart to sort Today’s 52 Week High list first by the highest Weighted Alpha, then I used the Flipchart featute to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 11/6 the stock gained 73.55%. IntriCon designs,…
Everyone’s just waiting on Santa. Stocks are still “pricing in” tax cuts at the sector level apparently, but the broader market has seemingly entered a pre-holiday drift. The benchmarks were basically flat on Wall Street although it’s worth noting that small-caps have outperformed over the past two sessions: As a reminder, this year has been…
Video Length: 00:10:01 The ETF industry continues to grow at a rapid pace. During the first eleven months of 2017, global exchange-traded products saw record net inflows of US$600 billion, 53.6% more than in all of 2016, according to London-based consulting firm ETFGI. Most of the money went into ultra-popular and very cheap passively managed…
Once upon a time, the chart below would have resulted in value investors loading up on short positions, or at the very least moving money to the sidelines, while poking fun at the ‘momo’ crowd for once again convincing themselves that “this time is different” as they chased equities ever higher. Alas, as Bloomberg points out this…
Video Length: 0:00:42 Global growth is still in a synchronized upswing and confidence by both consumers and businesses is the strongest it has been in years. Are investors headed for a big surprise in 2018? Caroline Miller, BCA Research Global Stategist, believes there will be as the US economy sees better than expected growth starting next year….
