Wall Street strategists work to calm equity investors, saying their worries over the economy are overdone. $SPY, $JPM, $GS JPMorgan (NYSE:JPM) argues that the risk of an economic recession is “overpriced” with the latest stock sell-off. Goldman Sachs (NYSE:GS) says, the decline in US stocks has opened up a rare divergence between the market’s performance […]
1 Year In, President Trump Defies Critics Since the day Donald Trump was elected President in November 2016, the DJIA has risen by some 35%, making the last 14 months one of the greatest Bull Market runs in history. Some $6-T of wealth has been created for Americans. Very good news for the 55-M Americans […]
Big Investors Back Off Bonds Fueling This Bull Market $SPY US voters’ decision to elect Donald Trump US President may extend the life of this 7-year Bull Market in US stocks. That is the consensus of prominent investors attending this week’s Reuters Global Investment Outlook Summit. Expectations that Donald Trump will successfully engineer massive new […]
Buying Stocks in a Downtrend is Not a Good Investment Strategy $DIA, $SPY, $QQQ, $VXX Buying stocks as they decline to longer-term trends is not a reliable way to reap gainers when the market is too expensive. In other words, “buying the dip” may not work after a 9-day selloff ended Friday for the longest […]
The Bull Market in the Gold Mining Shares Has “Only Just Begun” $GLD, $SLV, $DB, $DIA, $DXY Tedious, that’s how I’d describe the stock market for the past 6 weeks. Everything is on hold until Janet Yellen finds the courage to euthanize the bulls on Wall Street with a few rate hikes. It will be a […]
Market Update for Early September 2016 $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV For the past two months, excitement in the stock market has been hard to come by. On August 15th the Dow Jones saw its last all-time high, and it made seven new all-time highs in a row in mid-July. But these new highs […]
Wall Street Analysts Have Lowered Earnings Estimates $DIA, $SPY, $QQQ, $VXX Wall Street analysts have a long history of being overly optimistic about earnings results the further those results are out in the future. And they tend to lower their estimates in the weeks before a earnings seasons, and often are too pessimistic about the […]
2016, The Bull Market for “Gold Bugs” $ABX, $GOLD, $KGC Y 2016 has turned out to be a strong Bull Market for Gold Bugs that was not expected by most at the end of Y 2015. YTD we have seen many of the world’s top Gold miner and Gold producer stocks rise 100%, 200% +. Analysts in […]
Japanese Buying Physical Gold, Storing it in Switzerland Japanese investors are buying Bullion and storing it in Switzerland because of negative interest rates and fears JPY will depreciate as the government grapples with the heaviest public debt burden in the developed world, according reports. The number of buyers jumped 62% in 1-H of Y 2016 […]
Central Banks, “Spend money, or Buy stocks” $DIA, $SPY, $QQQ, $VXX Last week, Former President of the Federal Reserve Bank of Dallas, Richard Fisher, offered this alert advice, to investors and consumers, “I would be prepared when they move — and I hope they move sometime in June — there’ll be a settling in of […]
World’s Central Bankers are Fighting “the Tape” The world’s central bankers are fighting “the tape” by pumping massive amounts of liquidity into the global economic system in an effort to avert deflation. Notably, deflation is a natural force of nature during Peace Time, when globalization leads to free trade and heightens competition. During War Time, […]
US Q-1 Earnings 98% in, Not Really Very Good $DIA, $SPY, $QQQ, $VXX As of Wednesday, Q-1 earnings reports are 98% complete with 495 of the 500 companies in the S&P 500 reported. Headlines were generally positive with 72% of companies beating expectations, about average. But, nothing else about the earnings season looks to be […]
Mr Bear has a Purpose, it is Called “Market Hygiene” $DIA, $GLD, $SLV Last week the Dow Jones Industrial Average (DJIA) had a good run. Early on it was at risk of declining below its BEV -5% line in the Bear’s Eye View chart below. That didn’t happen; instead, at the end of the week […]
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 […]
Savvy Money Bets On Deep Stock Market Correction $DIA, $SPY, $QQQ, $VXX Carl Icahn is backing up his warning of “a day of reckoning” by shorting lots of stocks. Icahn warns that “a day of reckoning” was coming for American stock markets unless the federal government stimulates the economy with more spending aka QE. In […]
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 […]