Bund yields rose once again overnight, testing last week’s melt-up 77bps top briefly but have ‘stabilized’ as US markets come online hovering 1bps lower. As bund prices have collapsed so it appears knife-catchers have been busily leveraging up with Call option open interest soaring dramatically (and put option open interest). This has smashed the put-call ratio…
The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 264,000, beating the Wall Street conomist crowd consensus guess of 285,000. For the second time in 3 weeks the mainstream media headline writers crowed about the 15 year record low. In reality, on the basis of the actual data before…
The World Gold Council (WGC) released its Gold Demand Trends report for the first quarter of 2015. The WGC considers 2014 a year of stabilization for the gold market, and the the first quarter of the year saw this trend continue. The supply-demand picture for gold remained relatively unchanged. However, looking to the rest of 2015, the…
The World Gold Council (WGC) released its Gold Demand Trends report for the first quarter of 2015. The WGC considers 2014 a year of stabilization for the gold market, and the the first quarter of the year saw this trend continue. The supply-demand picture for gold remained relatively unchanged. However, looking to the rest of 2015, the…
A) Introduction With the fears of decreased profitability arising from the Affordable Care Act now firmly gone, the market has begun to realize the great opportunity available in managed health care providers and insurers. Within this industry, Aetna Inc. (AET) has been by far the best performer. Aetna provides health insurance plans and coordinates the…
CLICK ON CHART TO ENLARGE Did key bond ETF’s create long-term double tops over the past couple of years? The above 3-pack takes a look at three different bond ETF’s. AGG and LQD earlier this year attempted to break above 2012 highs. At this time it looks like they failed and may have created double tops….
Following yesterday’s dismal retail sales report, inquiring minds may be interested in the Atlanta Fed GDPNow Forecast. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2015 was 0.7 percent on May 13, down slightly from 0.8 percent on May 5. The nowcast for second-quarter real consumer spending…
Gilead Sciences (NASDAQ: GILD) has been a favorite among biotech investors due to its successful hepatitis C therapies; Harvoni and Sovaldi. However, the biopharmaceutical company is making headlines again with a new drug for gastric cancer; GS-5745. GS-5745 is advancing into Phase III testing in the third quarter, prompting RBC Capital analyst Michael Yee to reiterate an Outperform…
Businesses set long-term goals they strive to achieve and here is the optimal method for doing so. Listen to New England Patriots’ Quarterback Tom Brady and… 1) When Achieving Your Goals, Eliminate Distractions To not get distracted from achieving your goals created in the business plan, businesses have to remember to maintain focus and increase concentration. Distractions are where a business plan…
NEW YORK (AP) — Verizon is buying AOL for about $4.4 billion, advancing the telecom’s push in both mobile and advertising fields. The acquisition gives Verizon an entry into increasingly competitive online and mobile video. The New York company is the country’s largest wireless carrier as well as an Internet and TV provider — and…
