Hot Options Report For End Of Day – Thursday, April 19
Monthly Archives: April 2018
Banks & Bitcoin Bounce As Stocks & Bonds Are Trounced
Rates rip higher and the curve steepens dramatically; stocks tumble, semis suck, tech stumbles, banks burst higher; industrial commodities jump; and the dollar spikes – in other words – it’s opposite day. Futures show US equities stable and positive for most of the Asia session but begin to lose steam as Europe opened, accelerate lower…
Vehicle Miles Traveled: Another Look At Our Evolving Behavior
The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through February. “Travel on all roads and streets changed by -0.1% (-0.2 billion vehicle miles) for February 2018 as compared with February 2017. Travel for the month is estimated to be 226.7 billion vehicle miles.” The 12-month moving average was…
Vehicle Miles Traveled: Another Look At Our Evolving Behavior
The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through February. “Travel on all roads and streets changed by -0.1% (-0.2 billion vehicle miles) for February 2018 as compared with February 2017. Travel for the month is estimated to be 226.7 billion vehicle miles.” The 12-month moving average was…
Annual, Annualized, Q4/Q4 Growth Rates: A Graphical Depiction
Why do reported growth rates differ for the same variable? Refer to the last three years of GDP data to see… Figure 1: Quarterly GDP, SAAR, FRED series GDPC1 (blue line), annual, FRED series GDPCA (green bars), in billions of Chained 2009$. 2017 q4/q4 growth rate (red arrow); annual 2017 y/y growth rate (green arrow); 2017Q4…
Warning: Stay Away From Housing Stocks
I’d say short the blasted things, but they have earnings next week and a slew of housing numbers coming out, as well. And that is simply too risky to be taking a short position on. If you are associated with the home building process in any way, except for the being the bank itself, your…
Fed’s “Wealth Effect” = Total Bust For The Midd
The Federal Reserve has been determined to create “Wealth Effects” throughout the economy since 2008, which has left the majority of Main Street on the sidelines. The Fed’s objective was to make American households feel wealthier by pushing up the valuations of stocks and bonds. However, this paper wealth mentality has worked beautifully for Wall…
Bitcoin Back In Its Bull Market In 2018, This Is Why
Who noticed this one tiny thing on Bitcoin’s price chart: the rounded bottom in March/April of 2018? It is a small but extremely powerful signal, and it suggests that Bitcoin is back in a bull market in 2018! Many try to make cryptocurrency investing decisions very complicated, yes overcomplicated and noisy. Some refer to news articles,…
Timing The Market Is Hard
It’s February of 2016 and the stock market has rallied over 250% off the 2008 lows in an almost uninterrupted bull market. But some cracks appeared to be showing. China was looking wobbly and the market had flash crashed a few times. Emerging markets were down 30%+ from their highs. Oil had cratered from $110+…
March 2018 Leading Economic Index Points To Solid Growth For The
The Conference Board Leading Economic Index (LEI) for the U.S improved this month – and the authors say “labor market components made negative contributions in March and bear watching in the near future.” Analyst Opinion of the Leading Economic Index Because of the significant backward revisions, I do not trust this index. This index is…