The Stock Whisper Of The Day: MU, TWTR
The stock whisper of the day is: (MU), (TWTR) Video length: 00:03:17
Finance
EC Grexitology
The Greek Conundrum As you can see above, we have created a new term describing deliberations regarding the possibility of a Greek default combined with an exit from the euro area. The reason why the time for the term “Grexitology” has come is that opinions on Greece’s future in the euro zone are plentiful and…
Wall Street Traders Report January 7th
The US market has retraced over the past few weeks after reaching all time highs at the end of last year. The S&P500 (SPX) index below shows this retracement with the price just holding above 2000 points. Further decreases lower are possible with the support level of 1972 in close vicinity which may hold further…
Oil Falls, Pushing Euro Area Into Outright Deflation
Oil prices have continued to slide. Brent briefly traded below $50. WTI is below $48. Both have fallen about 10% this week. Prices are stabilizing in late morning in Europe. However, unlike yesterday the fall in oil prices is not sending stocks or core bond yields lower. The MSCI Asia Pacific Index was…
Is Rising Eurozone Risk A Threat To The U.S. Economy?
US economic data has been improving lately, but Mr. Market’s no longer in a mood for celebrating. The US equity market has tumbled sharply in recent days. Meanwhile, the appetite has surged again for the safe haven of US Treasuries. Is all this just noise, or a warning signal that the recent acceleration in the…
Whipsaw Wednesday – Bouncing Into The Fed Minutes
Wheeee, that was fun! As you can see, we’ve already come very close to re-testing our December lows but we were happy enough with the gains on the TZA calls (that I mentioned yesterday morning) that we cashed in our April $13 calls at $2.20, up 0.50 (29%) from the morning open – another nice way we…
First Euroarea Deflation Since Lehman Sends Futures Higher; Brent
Things in risk land started off badly this morning, with the worst start to a year ever was set to worsen when European equities came under early selling pressure following news of German unemployment falling to record low, offset by a record high Italian jobless rate, with declining oil prices still the predominant theme as Brent…
2 Pharmaceutical Stocks Ready To Beat Earnings This Quarter
It has been a pretty bad start to 2015, with most stocks sinking to begin the New Year. This has left investors looking to more defensive sectors which can hold up in this type of market environment. Health care is definitely one such sector and it is actually one of the two top performing segments…
Greek Drama – Financial Review
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 130 = 17,371 SPX – 17 = 2002 NAS – 59 = 4592 10 YR YLD – .08 = 1.96% OIL – 2.23 = 47.81 GOLD + 14.20 = 1220.30 SILV + .36 = 16.65 The 114th Congress convened Tuesday for the first…
The Fed Will Only Raise Interest Rates In September
Chief economist of Goldman Sachs (GS), Jan Hatzius, answered eight questions of which he believes that they will affect the US economy the most over the coming year. In summary this is what his answers were: Will the US economy keep growing? Yes, domestic demand will compensate for weaker foreign demand….