Real estate investment trusts (REIT) enjoyed a solid run during the five years after the Great Financial Crisis on aggressive high-yield hunting by income-hungry investors. Despite a significant pullback in 2015, large-cap REITs remain overvalued, and yields are still relatively unattractive. Yet, we’re seeing something of a trend here at Wall Street Daily – namely that many…
Photo Credit: BK I’m not going to argue for any particular strategy here. My main point is this: every valid strategy is going to have some periods of underperformance. Don’t give up on your strategy because of that; you are likely to give up near the point of maximum pain, and miss the great returns in…
With the month of July winding down it’s time, once again, to look forward towards the next month and decide which dividend stocks deserve my fresh capital. Looking back at the month of July my buys were more measured compared to my eight June buys. I knew that I could not keep that fervent buy…
In 2014, oil saw one of the biggest declines in its value in history. However, for most of 2015, oil’s been back on bullish trends; doing what it can to recover. Well, that is up until July. The month of July has been exceptionally bad for the commodity. More importantly, it’s likely a sign of…
In 2014, oil saw one of the biggest declines in its value in history. However, for most of 2015, oil’s been back on bullish trends; doing what it can to recover. Well, that is up until July. The month of July has been exceptionally bad for the commodity. More importantly, it’s likely a sign of…
There’s no better way to understanding the destructive distortions governments around the world cause in their economies than through Austrian economics. In case you don’t know, Austrian economics is based on the analysis of the purposeful actions of individuals and advocates, property rights, the free market, and sound money while opposing taxes, price controls, capital controls,…
The US Dollar edged higher against the Japanese Yen as investors dismiss the recent rout in Chinese equities and as speculation grows that the U.S. could soon see a rise in interest rates. Yesterday, the Japanese Yen had been pushed higher after stocks in Shanghai fell nearly 8.5%, the largest single day’s fall in 8…
T2108 Status: 28.7%T2107 Status: 35.2%VIX Status: 13.4General (Short-term) Trading Call: NeutralActive T2108 periods: Day #192 over 20% (overperiod), Day #3 under 30%, Day #7 under 40%, Day #47 under 50%, Day #64 under 60%, Day #263 under 70% Reference Charts (click for view of last 6 months from Stockcharts.com):S&P 500 or SPYSDS (ProShares UltraShort S&P500)U.S. Dollar Index (volatility index)EEM (iShares MSCI…
Despite the reassurances from western media and talking heads that China is unimportant (both its stock market and economy), Asian economies continue to show signs of contagion from China’s slowdown as Thai exports weaken and Hong Kong trade tumbles. But it is the blame game that is top of mind tonight as Chinese regulators switch…
Economists Shocked Economists were shocked by the plunge in the Conference Board Consumer Confidence Index this morning, well below any economist’s guess in Bloomberg’s Econoday Forecast. The consensus estimate was 99.6. The consensus range was 97.0 to 102.0. And the actual result … 90.9. Consumer confidence has weakened substantially this month, to 90.9 which is more than 6…
