Finance

Overbought Amid Chasing

Over the past few weeks, subscribers to Trade Followers have been watching market participants chase price as momentum from both StockTwits and Twitter moved up to extremely overbought levels. 7 day momentum on Twitter for the S&P 500 Index (SPX) reached a level that generally precedes a decline of several percent. The pattern of chasing from traders…

NGL Market Is Worse Than Oil’s

Some of the U.S. shale naysayers get to say, “I told you so,” these days. Many shale opponents harped on the huge amounts of natural gas liquids (NGLs) that are produced as a result of fracking and what to do with it all. NGLs include some very useful products like propane, butanes, natural gasoline, and…

Dividend Income Update – December 2014

These are the posts every dividend growth investor loves to read and write about, the monthly dividend income report. And why not? It’s a chance for us to highlight our “earned” passive income for the previous month and measure our own dividend income growth. December was a record month for my taxable and ROTH account…

Great Graphic: Unemployment Rates Compared

The US will report the December employment figures at the end of the week.  The eurozone will report it’s November unemployment rate on Wednesday. It offers a timely opportunity to take a step back and look at the big picture.  This Great Graphic shows four time series. The white line is the eurozone’s unemployment rate. The…

Thank You, Crude!

I have put a chart of crude oil below because it speaks more loudly than anything else about the shitstorm that will soon engulf the world economy. I have included an image of Sherilyn Fenn because…well…OK, I don’t need a reason. It’s my blog. I do what I want.  

E

Since 2010, the average return of our weekly best scoring ADRs have outpaced the MSCI EAFE by a median 451 bps over the following year, with no turnover. According to the Seasonal Investor database, the EFA has gained in 7 of the past 10 first quarters, returning a median 2.23%. Click on picture to enlarge Source: database…

Hurts So Good: When Exactly Are Falling Prices Bad?

The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison. As many governments and central banks have vowed to fight deflation at all costs in 2015, the question could hardly be more significant. While falling prices may strike the layman as cause for celebration, economists believe that…