US Consumer Prices Unchanged, Inflation Slows

US Consumer Prices Unchanged, Inflation Slows

US Consumer Prices Unchanged, Inflation Slows $DIA, $SPY, $QQQ, $VXX US consumer prices were unchanged in July as the cost of gasoline fell for the 1st time in 5 months and underlying inflation slowed, which could further diminish prospects of a US Fed interest rate increase this year. The Labor Department said Tuesday that the […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings are for the most part over. The Key economic reports this week are regional manufacturing reports, New York, Philadelphia, CPI, Industrial production/Capacity utilization, and the FOMC minutes. The economics data is always important. But, this 7 year old Bull Market has been given support since […]

The AAII Sentiment Survey for the Frame Ended 11 August 2016

The AAII Sentiment Survey for the Frame Ended 11 August 2016

The AAII Sentiment Survey for the Frame Ended 11 August 2016 $DIA, $SPY, $QQQ, $VXX The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of the […]

The US Consumer Pauses, Spending Halts, Economy Stalls

The US Consumer Pauses, Spending Halts, Economy Stalls

The US Consumer Pauses, Spending Halts, Economy Stalls $DIA, $SPY, $QQQ, $VXX “The consumer paused in July and with price pressures soft, the Fed members will probably gain a few more grey hairs.” — Joel Naroff, Economist The Consumer Data: July Retail Sales and Wholesale Prices Sales: 0%; Excluding Vehicles: -0.3%/ PPI: -0.4% Excluding Food […]

US Corporate Profits Fall, US Government Deficit Rises

US Corporate Profits Fall, US Government Deficit Rises

US Corporate Profits Fall, US Government Deficit Rises $DIA, $SPY, $QQQ, $VXX The federal government last month recorded the biggest monthly budget deficit since February, and the deficit so far this budget year is running 10% higher than a year ago. The US Treasury Department said Wednesday that the deficit came in at $112.8-B in July, […]

iPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX) Technicals

iPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX) Technicals

iPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX) Technicals Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 48.53. The projected upper bound is: 45.63. […]

US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June $DIA, $SPY, $QQQ, $VXX New orders for US factory goods fell for a 2nd month running in June on weak demand for transportation equipment and capital goods The US Commerce Department said  Thursday that new orders for manufactured goods declined 1.5% after a Southwardly revised 1.2% […]

Consumer Confidence Dims on Economy

Consumer Confidence Dims on Economy

Consumer Confidence Dims on Economy $DIA, $SPY, $QQQ, $VXX Consumer confidence slid in July from the prior month on dimmer views of the US economy’s prospects and lingering concerns among higher-income earners about global market conditions. The University of Michigan said Friday that its final index of sentiment (MSI) declined to 90 this month from […]

US Restaurant Downturn Signals Recession

US Restaurant Downturn Signals Recession

US Restaurant Downturn Signals Recession $DIA, $SPY, $QQQ, $VXX During much of the recovery from the US financial crisis, restaurant spending has been a retail highlight as other areas, like department stores, have struggled. However, recent surveys point to the start of a serious decline. “Today, we adopt a bearish outlook for restaurants as we […]

Cautious US Companies ‘Hoarding’ Cash

Cautious US Companies ‘Hoarding’ Cash

Cautious US Companies ‘Hoarding’ Cash $DIA, $SPY, $QQQ, $VXX US companies have returned to hoarding cash due to mounting economic and geopolitical fears, a indication of a business-investment pullback. The UK’s Brexit vote, a sluggish US economy and a weak global economy combined to lead companies to delay investment decisions and just hoard their cash, […]

Raise Rates, Don’t Raise Rates, Who’s Right?

Raise Rates, Don’t Raise Rates, Who’s Right?

Raise Rates, Don’t Raise Rates, Who’s Right? $DIA, $SPY, $QQQ, $VXX There are those economists that argue that the US Fed should take an unconventional approach to ending a long period of below-target inflation: that being that instead of keeping interest rates low to drive economic activity and push up prices, it should raise interest […]

Land, Homes have Proven to be Disappointing Investments

Land, Homes have Proven to be Disappointing Investments

Land, Homes have Proven to be Disappointing Investments $DIA, $SPY, $QQQ, $VXX Robert Shiller, Nobel prizewinner and Yale professor, says that today land is not the best place to grow a savings nest egg because technology changes the ways people use property. “Despite solid price increases over the last few years, land and homes have […]

Stocks Markets “Brush Off” Geo-Turmoil

Stocks Markets “Brush Off” Geo-Turmoil

Stocks Markets “Brush Off” Geo-Turmoil $DIA, $SPY, $QQQ, $VXX European stocks pared losses and US futures rebounded after a terror attack in France killed dozens of people, and the bloody military coup in Turkey the latest display of market resilience in keeping with recent history. Over the past 15 years, financial-market reactions to terror have […]

AAII Sentiment Survey: Optimism Rises to Nearly 37%

AAII Sentiment Survey: Optimism Rises to Nearly 37%

AAII Sentiment Survey: Optimism Rises to Nearly 37% Optimism among individual investors about the short-term direction of stock prices is at a level not seen in over four months, according to the latest AAII Sentiment Survey. Meanwhile, neutral sentiment and bearish sentiment both declined. Bullish sentiment Expectations that stock prices will rise over the next […]

US Stocks Extend Momentum Rally to Fresh All Time Highs

US Stocks Extend Momentum Rally to Fresh All Time Highs

US Stocks Extend Momentum Rally to Fresh All Time Highs $DIA, $SPY, $QQQ, $VXX US stocks extended to fresh all-time highs, with the S&P 500 Index marking its longest winning streak in 4 months, as speculation grew for looser global monetary (stimulus) policies while a better-than-forecast profit from JPMorgan Chase & Co. (NYSE:JPM) boosted optimism […]

US Economic Weakness Demand Careful Monitoring

US Economic Weakness Demand Careful Monitoring

US Economic Weakness Demand Careful Monitoring $DIA, $SPY, $QQQ, $VXX US import prices rose less than expected in June as rising costs for petroleum products were offset by declining consumer and capital goods prices, indicating inflation remains benign in here. The marginal increase reported by the US Labor Department Wednesday reflects the effects of the […]

The US “Earnings Recession” is Not Registering with Investors

The US “Earnings Recession” is Not Registering with Investors

The US “Earnings Recession” is Not Registering with Investors $DIA, $SPY, $QQQ, $VXX The US earnings recession should be dampening the 7-year-old Bull Market, but it is not registering with investors. Quarterly profits in the S&P 500 Index are about to fall yet again, extending a streak of declines poised to match the longest earnings […]

Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental $DIA, $SPY, $QQQ, $VXX Investors are no longer running from the stock market they are chasing it for reasons that are more tactical than fundamental: Caution. It is too early to tell where the UK’s new position in the overall context of the EU will be […]

The S&P 500 Closed Out its 3rd Straight Quarter in the Green

The S&P 500 Closed Out its 3rd Straight Quarter in the Green

The S&P 500 Closed Out its 3rd Straight Quarter in the Green $DIA, $SPY, $QQQ, $VXX, $HSY, $MDLZ Wall Street marked a 3rd straight day of gainers Thursday as the BOE raised the prospect of a Summer stimulus and consumer staples shares rose on news of Mondelez International’s (NASDAQ:MDLZ) $23-B bid for Hershey (NYSE:HSY). The […]

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June $DIA, $SPY, $QQQ, $VXX The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 268,000 for the week ended 25 June, the […]

Global Stock Markets “Bouncing” Off Of Hefty Losses

Global Stock Markets “Bouncing” Off Of Hefty Losses

Global Stock Markets “Bouncing” Off Of Hefty Losses $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV Wednesday, Global stock markets continued to recover after last week’s losses and the USD was down 0.5% Vs a basket of peer currencies. Gold rose Wednesday on the USD’s retreat and investor appetite for safe assets remained strong because of longer-term […]

Friday Is Russell Index Adjustment + Brexit Announcement Day

Friday Is Russell Index Adjustment + Brexit Announcement Day

Friday Is Russell Index Adjustment + Brexit Announcement Day $DIA, $SPY, $QQQ, $VXX Friday could be Wild on Wall Street as traders react to the vote on British membership in the EU and adjust their portfolios to the annual reconstitution of  Russell stock indexes. The annual FTSE Russell index adjustment, in which stocks are added […]

America Needs a Radical Change to Address its Anemic Economy

America Needs a Radical Change to Address its Anemic Economy

America Needs a Radical Change to Address its Anemic Economy $DIA, $SPY, $QQQ, $VXX Billionaire investor Wilbur Ross says Donald Trump represents the “more radical, new approach to government” that the country’s  economy desperately needs. While others in America and abroad have faulted Donald Trump’s lack of PC (political correctness), Mr. Ross says such “in […]

“Risk Off” as Investors Fear Global Growth Slowing

“Risk Off” as Investors Fear Global Growth Slowing

“Risk Off” as Investors Fear Global Growth Slowing $DIA, $SPY, $QQQ, $VXX Investors are selling off risky assets from their portfolios because of falling global GDP expectations, driven by China’s slowing growth, and the hotting up US Presidential race. Friday, global growth worries and a sharp decline in Crude Oil prices sent fear through Wall […]

US Jobs Situation Report Damaging, Virtually No Jobs Created in May

US Jobs Situation Report Damaging, Virtually No Jobs Created in May

US Jobs Situation Report Damaging, Virtually No Jobs Created in May $DIA, $SPY, $QQQ, $VXX Donald Trump said the surprisingly weak US jobs situation data for May released on Friday was “terrible”, a “bombshell.” “Terrible jobs report just reported. Only 38,000 jobs added. Bombshell!” Trump said in a post on Twitter shortly after the US […]

Managed Money Cautious, Capital Preservation Key

Managed Money Cautious, Capital Preservation Key

Managed Money Cautious, Capital Preservation Key $DIA, $SPY, $QQQ, $VXX The “new normal” led to the “new neutral” led to ‘insecure stability”. The world has entering a phase of rising risks as the effect of central-bank stimulus policies diminishes. “You can think of it as insecure stability,” Richard Clarida, Pimco’s global strategic adviser, said in […]

Obama Admin, Fed Laud Economic Growth, Consumers Disagree

Obama Admin, Fed Laud Economic Growth, Consumers Disagree

Obama Admin, Fed Laud Economic Growth, Consumers Disagree $DIA, $SPY, $QQQ, $VXX Consumer Confidence unexpectedly fell in May for a 2nd month as American consumers are less than enthusiastic about the current state of the economy, a report from the New York-based Conference Board showed Tuesday. The Conference Board’s Sentiment Index fell to 92.6 i […]

Summer Investment Strategy, Play Defense

Summer Investment Strategy, Play Defense

Summer Investment Strategy, Play Defense $DIA, $SPY, $QQQ, $VXX As we enter this Summer trading season the big Wall Street traders head to The Hampton’s to vacation their trading positions laid out and staked. This year we are dealing with sluggish trading season, and an all but stalled global economy too. Notably, Eurozone business growth […]

Ominous Business Indicator, Machinery Orders Soft

Ominous Business Indicator, Machinery Orders Soft

Ominous Business Indicator, Machinery Orders Soft $DIA, $SPY, $QQQ, $VXX US business spending intentions weakened in April for a 3rd month running on soft demand for machinery, but a surge in contracts to purchase previously owned homes to a 10-year high supported views economic growth was gaining speed. The growth picture was further boosted by […]

SEC Cracking Down on Misleading “Shocking” Corporate Accounting

SEC Cracking Down on Misleading “Shocking” Corporate Accounting

SEC Cracking Down on Misleading “Shocking” Corporate Accounting $DIA, $SPY, $QQQ, $VXX SEC’s chief accountant for corporate sending message to companies that aggressively engage in misleading adjusted earnings measures. Mark Kronforst, chief accountant of the SEC’s corporation finance division, warned that the SEC is sending a message to companies that excessively engage in misleading accounting. […]

June Fed Interest Rate Hike In Sight

June Fed Interest Rate Hike In Sight

June Fed Interest Rate Hike In Sight $DIA, $SPY, $QQQ, $VXX The US Fed officials said it would appropriate to raise interest rates in June if economic data points to stronger Q-2 growth as well as firming inflation and employment, according to the FOMC mins from their policy meeting in April. That view suggests the […]

Bear Market “Radar” on High Alert

Bear Market “Radar” on High Alert

Bear Market “Radar” on High Alert $DIA, $SPY, $QQQ, $VXX The US Securities and Exchange Commission is set on putting a stop to the accounting methods that artificially inflate company profits. According to an industry notice he SEC is getting ready to step up its scrutiny of companies’ “homegrown earnings measures,” signaling it plans to […]

The Economic Benefits of Wall Street

The Economic Benefits of Wall Street

The Economic Benefits of Wall Street $DIA, $SPY, $QQQ, $VXX The Big Q: Have you ever seen movie that lauds the economic benefits of Wall Street? Note: Wall Street is the financial capital of the world in the world’s #1 economy. And yet people in Hollywood, and politics, for example socialist Vermont Senator Bernie Sanders, […]

Investors Losing Billions on Central Bank Monetary Policy

Investors Losing Billions on Central Bank Monetary Policy

Investors Losing Billions on Central Bank Monetary Policy $DIA, $SPY, $QQQ, $VXX Investors are losing billions a year from central banks that have set interest rates below Zero in an effort to stimulate economic growth by punishing saving and encouraging lending. Negative-yielding government bonds cost investors about $24-B a year, according to calculations from Fitch […]

Bull Exhausted, Will Soon Lay Down, Savvy Money Turns to Gold

Bull Exhausted, Will Soon Lay Down, Savvy Money Turns to Gold

Bull Exhausted, Will Soon Lay Down, Savvy Money Turns to Gold $DIA, $SPY, $QQQ, $GLD, $VXX Stan Druckenmiller, the billionaire investor with one of the best long-term track records in money management, says the Bull market has “exhausted itself” and that Gold is his largest currency allocation. Mr. Druckenmiller, speaking at the Sohn Investment Conference […]

Volatile Risk-on, Risk-off Market an Investor Headache

Volatile Risk-on, Risk-off Market an Investor Headache

Volatile Risk-on, Risk-off Market an Investor Headache $DIA, $SPY, $QQQ, $VXX The volatile “risk-on, risk-off” is giving headaches to investors who try to beat the market with traditional methods of measuring value, say analysts at multinational bank HSBC Holdings Plc. Risk-on assets rally when investors are upbeat and fall when the mood turns sour. Risk-off […]