COMMENT: Dear Martin, Interesting read on the London traders post today. I’ve always traded from home primarily in mid cap equities. This last year has seen the steady decline of liquidity in small and mid cap stocks as people seriously start to question which company’s will survive and which won’t. The blue chips are liquid but…
OVERNIGHT MARKETS AND NEWS June E-mini S&Ps (ESM15 +0.32%) this morning are up and European stocks are up +0.31% as Greek default concerns eased after Greek Prime Minister Tsipras said he was “more optimistic” after deliberations with EU leaders in Brussels. That fueled gains in Greek government bonds and the Greek 10-year bond yield fell back…
“A truly great business must have an enduring ‘moat’ that protects excellent returns on invested capital” -Warren Buffett My most successful and long-lasting investments have always come about when I’ve invested in a company with a strong and enduring “moat”. Buffett worked out long ago that a company that’s able to sustain high returns over…
Quad-witching days are volatile on normal days, so in an environment of virtually zero liquidity, in which the market careens from one extreme to another simply based on whether the Fed utters one single word, in which volatility across asset classes is soaring, and in which it is all about igniting algo momentum, today’s quadruple…
The Philly Fed’s Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. The latest gauge of General Activity came in at 5.0, essentially unchanged from last month’s 5.2 and the lowest reading since the -2.0 contraction in February of last year. The 3-month moving average…
The U.S. dollar may have weakened somewhat on Wednesday after Fed Chair Janet Yellen’s more-dovish-than-expected comments tempered expectations for a rate hike as early as June. But the greenback quickly recovered on Thursday as investors digested the news. The dollar index is up around 9 percent year to date after rising nearly 13 percent last…
A FOUR-BEDROOM VILLA IN TERRES BASSES $3.9 MILLION (3.4 MILLION EUROS) This 3,700-square-foot house, known as Mille Fleurs, or Thousand Flowers in French, is set on two and a half walled, rolling acres lush with palms, flamboyant trees, bougainvillea and hibiscus. Situated just above Plum Bay, the villa, which has four bedrooms and four and…
There are surprise releases and there are accidental releases. The appearance of Kendrick Lamar’s highly anticipated new album, “To Pimp a Butterfly,” on iTunes and Spotify Sunday night — more than a week before its scheduled March 23rd release date — apparently falls in the latter category. The 16-song set has been pulled from iTunes…
If you watch financial advertising, you know that you should spend your days tracking your portfolio, trading frequently, and, well, tracking your portfolio. Oddly enough, many people find other things that they would rather do in life, such as reading a book, traveling the world, or sorting bolts in the garage. If you’re one of…
The new MacBook is an iPad with a keyboard. That may be the best description of the new Apple laptop design, based on Apple’s launch event on Monday. At a mere 13 millimeters thick and weighing just two pounds, it approaches the iPad’s portability and is just as spartan, sporting only a solitary connector. Consumers…
