All-Time Highs Or Time To Short?
Stocks shoot passed the key 2682 level today with volume. What’s next for the market? All-time highs or is this a shorting opportunity? Video Length: 00:07:29
Monthly Archives: May 2018
ETFs & Stocks In Focus As Trump Reimposes Sanction On Iran
After months of speculation, Donald Trump finally withdrew from the Obama-era 2015 nuclear deal reached between Iran and six major powers. It also vowed to reimpose all the “powerful economic sanctions” on the OPEC nation waivered within the deal as well as introduce new ones. The sanctions would be reinstated after wind-down periods of 90…
Bank Reserves Part 3; In Practice
<< Read More: Bank Reserves Part 1; The Great Tease << Read More: Bank Reserves Part 2; If QE Was Really QT, Then Why Hasn’t QT Been QE? There’s one final step to our examination of QE and bank reserves (you’ll need to read through at least Part 1, though Part 2 is worth the time, too). It’s all well…
Why We’re Headed Toward Oil Independence
Almost two years ago, the Saudis acknowledged they had a problem. The price of oil was too low. The oil-rich county had fought a surge in supply from American frackers by opening the taps, and the move pushed oil prices to their lowest level in decades. Even though the Saudis and other OPEC members still…
S&P 500 Sector Weightings; Tech Nears 26%
Yesterday we published our monthly S&P 500 Sector Weightings report for clients. The report provides a detailed historical look at S&P 500 sector weightings, and it’s something clients find very useful. Below we show current S&P 500 sector weightings. Anything stand out? Yes, at 25.78%, the Technology sector now makes up more than a quarter of the S&P 500. That’s…
Agriculture Markets Report – Wednesday, May 9
A review of the day’s trading in the agriculture markets. Video Length: 00:11:11
Millennials And The Labor Force: A Look At The Trends – Wed
Millennials make up the largest percentage of our population today, yet have seen some of the lowest labor force participation growth and highest unemployment out of all age groups since the turn of the century. This has larger implications when coupled with slow wage growth, high home prices, and mounting student debt. The general consensus…
March 2018 Headline Wholesale Sales Improve
The headlines say wholesale sales were up month-over-month with inventory levels remaining elevated. Our analysis shows a deceleration of the rate of growth this month. Analyst Opinion of this month’s Wholesale Sales The improvement this month in the headline data was mostly drugs and farm products. Overall, I believe the rolling averages tell the real…
The State Of The Labor Market, What The JOLTS Data Tell Us
The Bureau of Labor Statistics released data from its March Job Openings and Labor Turnover Survey (JOLTS) yesterday. It got some attention because the job openings figure rose substantially, bringing the job opening rate to 4.3 percent, the highest since the survey was first fielded in December of 2000. This is somewhat higher than the…