The Stock ‘Market’ Just Broke Another Intriguing Reco
Never in the history of the S&P 500 e-mini futures contract has so many contracts been traded at the market open… Thank you Johnny-5… Is everyone now long? Source: NanexLLC
Author Archives: Darren Marchal
American Apparel May Seriously Be Considering Buyout
Here is the news on the rumored buyout offer from the WSJ: SUZANNE KAPNER Updated Dec. 18, 2014 7:27 p.m. ET American Apparel Inc. has been approached by Irving Place Capital about a possible takeover, according to people familiar with the matter. Irving Place sent an expression of interest to the board of the Los Angeles…
Chicago Fed Nat’l Activity Index: Nov 2014 Preview
The three-month average of the Chicago Fed National Activity Index (CFNAI) is expected to rebound to a +0.12 reading in the November update that’s scheduled for Monday (Dec. 22), based on The Capital Spectator’s median point forecast for several econometric estimates. The projection is moderately above the -0.01 reading for October, which reflected a fractionally…
RLJ Lodging Trust – Chart Of The Day
RLJ Lodging Trust (NYSE:RLJ) is the Barchart Chart of the Day. The Hotel REIT has a Trend Spotter buy signal, a Weighted Alpha of 39.73+, gained 37.99% in the last year and paid a 3.56% dividend. The Chart of the Day is RLJ Lodging Trust (RLJ). I found the hotel REIT by sorting the RLJ Lodging Trust list for…
Investment And Interest Rates
In a recent post, I noted that actual non-residential fixed capital investment doesn’t show the pattern one would expect based on optimizing models at all. Ugh that sentence was convoluted and so is the post it describes. In fact, the puzzling pattern is really very simple. Non residential fixed capital investment (nrfinv) is high when interest…
EC The Various
You have to wonder why anyone would want to launch a domestic long/short equity fund these days. The S&P 500 Index has climbed 15 percent in the last 12 months. Buying a low-cost index tracker like the SPDR S&P 500 ETF(NYSE Arca: SPY) or the iShares Core S&P 500 ETF (NYSE Arca: IVV) seems like a no-brainer. Despite…
Activist Shareholder David Callan Pushing For Sale Of Identiv
Identiv (INVE) has been a company we have written a lot about over the last six months. Normally, we only trade small cap companies and rarely invest in them, but Identiv is one we believe is a worthy investment because of its undervaluation and growth potential. Well known activist investor David Callan first pointed out…
The Stock Whisper Of The Day: BlackBerry Limited
The stock whisper of the day is: (BP), (BBRY), (GDX). Video Length: 00:04:07
The Bitcoin Revolution Begins
As we approach the year’s end, I want to look at an important trend that could revolutionize our lives in 2015. I’m talking about Bitcoin (BITCOMP), the groundbreaking digital currency. You see, as it matures and heads toward wider acceptance, Bitcoin will unleash gale force winds on the financial services industry and its regulatory protector,…
Great Graphic: A Look At (Global) Equity Indices
This Great Graphic, from Bloomberg, depicts the performance of three global equity benchmarks indexed to the start of the year. Click on picture to enlarge The green line is MSCI Emerging Market equity index. It had been doing well until early September. It has been crushed since. The case for emerging markets was predicated on a…