Hot Options Report For End Of Day – Tuesday, April 10
Top tickers for end of day: AET, BAC, FB, AAPL, MON, T.
Author Archives: Darren Marchal
Earnings Season Is Ready To Save The Stock Market
Earnings Season Saved The Market Earnings season will be starting this month. That’s a welcome relief for the stock market which has been dealing with a lot of negative headlines mostly from the tariff battle with China. The market is in an unusual situation where earnings growth is remarkably strong even though the business cycle…
Short Setups Just In Case We Reverse (Again) Tomorrow
Look, I want us to keep pushing higher. I am positioned for the market to go higher. But the bulls are stuck in this nasty sideways trading pattern that keeps seeing hard reversals in both directions. That makes it hard to make any sustainable progress in the stock market. Today is a good start for…
USDJPY – Ready For 108.00?
After having everything but the kitchen sink thrown at it over the past few days USDJPY has managed to withhold the risk aversion flows and trade above the 107.00 level by end of trade today. The never-ending political chaos in Washington DC no longer seems to have much impact on the pair as the friction…
Pettis: China Knows It Has More To Lose In Trade War
Global markets are rallying today after Chinese President Xi Jinping appears to have taken the first step in backing away from a trade war with the U.S., promising to cut tariffs on auto imports and other products. In a widely anticipated speech at the Boao Forum for Asia, dubbed as the “Asian Davos,” Xi used…
Oil, Economics And Risk
“Davidson” submits: If I understand the US$/$WTI/Economic Expectations/Capital Risk-Reward relationship, Trump’s action against Syria, which is really an action against Russia, Iran, N. Korea, China efforts to attact Democratic ideals, should be reflected in a weaker US$ as capital repatriates to Emerging Markets. Algorithms have connected a belief that strong US$/ weak $WTI signals slowing economic activity….
Understanding Bitcoin’s Real Value
Some time ago, I confessed to CapX readers my unease about pricing cryptocurrencies such as bitcoin. I wasn’t alone in my hesitation: New York University finance professor Aswath Damodaran has voiced skepticism that assets with no cash flows can be valued, in the financial sense of estimating what the future payoffs from holding the asset are worth. Not to…
How Sector Leadership Has Changed Over The Last 20 Years
Stan Weinstein states in his amazing book that choosing the right sector to trade is just as important as trading with the overall market trend at your back. Just in the past year in 2017 we’ve seen this concept front and center with semiconductor stocks, cannabis stocks, and even bitcoin-related stocks all experiencing massive gains as…
GDPNow Real Final Sales Forecast Slips To 0.9%
If you thought today’s inventory build numbers would add to GDP estimates, you thought wrong. The Atlanta Fed GDPNow Forecast slipped to 2.0% today following recent economic reports. GDPNow Latest forecast: 2.0 Percent – April 10, 2018 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 2.0…
Don’t Sell Your Metals Stocks Because The Sector Is Boring
David Erfle, Founder of The Junior Miner Junky joins me today for another look at the PM sector and the stocks. He points out a number of factors that have him optimistic for a near-term breakout. Some of these factors include… GDX trading at a level similar to early/ mid-2016 when gold was $150 lower, a…