Stocks: Catching The Next Big Move
Running length 00:13:55
Author Archives: Darren Marchal
The December Jobs Report
DOW – 170 = 17,737 SPX – 17 = 2044 NAS – 32 = 4704 10 YR YLD – .05 = 1.97% OIL – .54 = 48.25 GOLD + 14.50 = 1224.40 SILV + .14 = 16.62 Each month the Bureau of Labor Statistics reports on total non-farm payroll employment. The Jobs Report is usually…
If You Buy Only One Stock Before Oil Bottoms…
One of the key drivers of the market since summer along with one of the primary topics of conversation for financial pundits far and wide has been the breathtaking plunge in crude. Prices for West Texas Intermediate (WTI) have moved from just under $110 a barrel in early summer to below $50 a barrel as…
Russia, Ukraine And Greece – Default Probabilities
Currently there are a number of weak spots in the global financial edifice, in addition to the perennial problem children Argentina and Venezuela (we will take a closer look at these two next week in a separate post). There is on the one hand Greece, where an election victory of Syria seems highly likely. We…
Tree.Com – Chart Of The Day
The Chart of the Day belongs to Tree.Com (NASDAQ:TREE). I found the stock by sorting the All Time High list by new high frequency in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 12/23 the stock gained 6.95%. TREE is the parent of…
On The Verge Of Disaster — Or A Miracle
by Worth Wray, Thoughts from the Frontline Twenty years after the first divergence-induced currency crisis of the 1990s, commodity prices are tumbling, the US dollar is rallying, and externally fragile emerging markets are reliving the horrors of their not-so-distant past. Except, this time, major economies like the United States, the United Kingdom, the Eurozone, Japan,…
Behold! The ‘Visible’ Algo Hand Of Crude Oil ‘S
Since regulators are so busy focused on the interest rate, FX, credit derivative, and commodity market manipulations and rigging, we suspect they missed the oh so visible hand of “spoofing” that is occurring today in Crude Oil. As Nanex so brilliantly exposes (once again), large orders ‘spoof’ the depth of the market before disappearing entirely…
EC Mo’ M
Author Update Thu, Jan. 29, 2:41 PM On Monday January 26, 2015, COV was successfully acquired by MDT at a premium to the price available when the article was published. Earlier today, APAGF was successfully acquired for $14.50 per share. The average spread was $0.49, it traded as wide as $1.47, and there was still a $0.35…
A Year Of Speedy Recovery For U.S. Insurers?
The possible reversal of the persisting low interest rate environment and modest strengthening of the key economic indicators — employment, real estate, GDP and stock market — should help insurers witness accelerated recovery in 2015. Moreover, an already strong liquidity profile, conservative product design and evolving coverage opportunity should lead the industry to an upside….
Chinese Oil Buying Sends Tanker Rates Skyrocketing
Not long ago, I told readers about all the oil floating at sea, stored on oil tankers just waiting for higher prices or a buyer. Well, now some of that of oil is on the move… to China. The beneficiaries of this development are many of the same shipping companies I mentioned before, particularly any company…