Monthly Archives: April 2018
Stocks Fall Despite Mostly Great Earnings
Stocks Fall Slightly As Tobacco Has A Bad Day On Thursday, the S&P 500 closed down 0.57%. American Express was up 7.6% and Amazon was up 1.9%, but the consumer staples stocks were slammed as they were down 3.14%. The sector had a rough day because Phillip Morris reported a weak quarter as the heat not…
Forget Bitcoin, Consider Blockchain ETFs
Audio length: 00:22:18 In this episode of ETF Spotlight, I talked with Eric Ervin, President and CEO at Reality Shares. Earlier this year, Reality Shares launched a blockchain ETF– the Reality Shares Nasdaq NexGen Economy ETF (BLCN – Free Report) .Blockchain is the technology that underpins bitcoin and other cryptocurrencies. After reaching record highs above $19,000 in…
Fistfuls Of Dollars And The Good (Bitcoin), Bad (Bonds), & U
Take your pick – Good, Bad, or Ugly… Video length: 00:06:16 Good: The Dollar’s best week in over 4 months Silver’s best week in 4 months Bitcoin’s best 2-week gain in 4 months Not Good: 30Y Bond’s worst week in 3 months 10Y highest yield close since Dec 2013 Semi stocks worst week in a…
Does The Rise In Oil Prices Tell A Wider Commodities Story?
On the latest edition of Market Week in Review, Mark Eibel, director, client investment strategies, and Sophie Antal-Gilbert, consulting director, discussed the rising trend for the price of oil and other commodities. Eibel labeled commodities the forgotten asset class and presented oil as a classic example of supply-and-demand. According to Eibel, there have been oil output cuts,…
Silver Breakout Or Fakeout?
Mike Maloney & David Morgan take a look at the recent price action in silver. Is this a breakout or a fakeout? (Video length 00:13:31)
Trade War Is The Biggest Tail Risk
Empire State Index Is Very Disappointing The general business activity reported in the April Empire State Index was ok as it fell from 22.5 to 15.8. This missed expectations for 18.2. This decline signals the manufacturing index is weakening from the rapid growth pace seen in Q1. The new orders index was even weaker as…
Strategery
Ok, this was a hell of a week in many respects and that shouldn’t exactly come as a surprise because after all: Exactly. Thank you Mr. President. Here’s how things shaped up for U.S. equities which fell hard to close things out on Friday: Monday brought the Sean Hannity bombshell and all the jokes…
After Post-Election Euphoria, Big Banks Start To Look More Attrac
I was underweighted bank stocks heading into the 2016 presidential election and proceeded to watch as they soared immediately following. I didn’t jump on the bandwagon because although the reasoning was solid (less regulation, higher interest rates) the stocks seemed to get way ahead of the actual fundamentals (in terms of timing). Below is a…