For some time we have talked about 2 specific extremes in the S&P 500. But as a confluence of 3 key themes have transpired to reveal a more complex and dynamic risk environment so far in 2018 we are steadily seeing a reset of these extremes, and the two charts below could have a massive impact on…
The financial sector is attracting a lot of investor attention lately. After President Donald Trump passed the tax reform last year, analysts are highly optimistic about the financial sector’s performance owing to recent trends in the sector. The Fed hiked interest rates by 25 basis points for the sixth time since it started going on…
Stocks sold off again today in a big way. They were able to stabilize the markets this morning, led by buying of the SP 500 futures, long enough to shove the Dropbox IPO out the door, and even gain a bit off the initial pricing. But alas, the happy go lucky bully boys were not…
Nike (NYSE:NKE) has acquired Zodiac Inc., a consumer data analytics firm. This is a deal that “demonstrates our commitment to further accelerating Nike’s digital transformation and enhancing our consumer data and analytics capabilities to help us serve consumers globally,” says Chief Digital Officer Adam Sussman. “We’re adding world-class data-science talent and best-in-class tools to power 1:1…
Inflation hysteria in some places hasn’t just faded, it has disappeared almost entirely. The old saying is that shooting stars burn out the fastest. One of the hottest systems was in Europe. The ECB, we were told, had done it. Even though QE hadn’t achieved anything of substance in its first or second year, the…
Audio Length: 00:23:09 In this episode of ETF Spotlight, I talked with Jeremie Capron, Managing Partner & Director of Research at ROBO Global. Robo Global is the creator of the first index to track the global robotics, automation and artificial intelligence industry. This index is the benchmark for ROBO Global Robotics and Automation Index ETF…
It’s been a week to forget for global equity indices. In the charts below we chart local currency prices for indices in the US (S&P 500), Europe (Stoxx 600), Italy (FTSE MIB), Spain (IBEX 35), the UK (FTSE 100), Germany (DAX), Japan (Nikkei 225), and Australia (ASX 200). All are now below their 50-DMAs and…
If you were in any doubt what Asia thinks about the possibility of a trade war, you saw the answer today. All major indices lower with losses between 2% and Japan’s Nikkei -4.5%. The Yen saw the flight to quality and even this evening is trading with a 104 handle. Market looks to have priced-in…
Plug Power (PLUG) stock is back under $2 a share. In the column, we discuss shipments, sales, and the balance sheet as we head into 2018. We believe shares have faltered because while earnings have eluded the company, sales had kept the stock strong. That said, sales have now begun to show some pain too….
