$DXJ, $SPY In Y 1972, Yale Hirsch, a stock market analyst and author of the annually published book titled “Stock Trader’s Almanac,” identified and named an apparent stock market anomaly. He called it the Santa Claus Rally because it usually occurred during a 6-session stretch beginning with the 1st trading session after Christmas day and ending with […]
$SPY, $SPX The Santa Clause rally that began last week has pushed indexes to record highs and left investors looking for sectors that are not overbought. The S&P 500 Index is up 32.8% YTD with just 2 days of trading left, with returns strong across sectors at: Basic Materials+34%, Consumer Cyclicals +42%, Consumer Non-Cyclicals +29%, […]
Friday, the US Supreme Court agreed to hear President Trump’s appeals in 3 separate cases to prevent his financial records, including tax returns, being handed over to Democratic-led House of Representatives committees and a New York prosecutor. The court will hold oral arguments in March, with rulings due by the end of June. “We are […]
Chief Justice John Roberts ordered an indefinite delay in the House of Representatives’ demand for President Trump’s financial records to give the Supreme Court time to figure out how to handle the dispute, and his order contains no hint about what the court ultimately will do. The court’s hold could last a matter of days […]
Saturday, US Treasury Secretary Steven Mnuchin said he could not commit to meeting Democrats’ new 23 April deadline for turning over President Trump’s tax returns to them, adding that he wanted to keep the Internal Revenue Service from being “weaponized” for political gain. Secretary Mnuchin, speaking to reporters on the sidelines of the International Monetary […]
US Treasury Secretary Steven Mnuchin said Tuesday that his department intends to “follow the law” and is reviewing a request by a Top House Democrat to provide President Trump’s tax returns to lawmakers. Secretary Mnuchin also revealed that Treasury Department lawyers have talked to the White House counsel’s office about the question of releasing President […]
As Chairman of the Senate Finance Committee, Senator Chuck Grassley (R-Iowa) has the authority to request President Trump’s income tax returns, but Monday he said he will not seek them. “I don’t want to see them,” the Iowa Republican said. “I am not going to request them…I look at that not from the point of […]
$DIA, $SPY, $QQQ FLASH: 10 years Friday the US stock market hit the bottom of the Great Recession. Today, 10 years later, the US stock market is acting as if the economic expansion, now in its 117th month, is going to continue and likely accelerate. The S&P 500 is up 10% YTD The benchmark index […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: “Machines are only as smart as their human programmers” Hedge fund investors learned that the hard way last year when data-crunching computers that invest $220-B based on historical price trends did worse than most human managers. The losses were so bad that investors pulled billions of dollars out of […]
$SPY, $QQQ, $RUTX, $VXX FLASH: Investor get excited by higher prices for financial assets. If prices of stocks 2X, it is likely that investors will want them more, and the more they go up, the more investors tend to want them, this is known as “fear or missing out,” or FOMO. So, that is why […]
2019 Will Bring Volatility, But No Recession, UBS Said in its year end report The year will bring increased volatility but no recession, UBS predicts in its “2019 Year Ahead” outlook report. Because of that, investors should stay invested and look for opportunities that the uncertain market will provide, the financial firm advised. On balance, […]
As Market Leadership Rotates, Money Manager Speak Out $DIA, $SPY, $QQQ Following are the views of 7 money managers and strategists on what could conceivably put a brake on the selling in this market. This view is held by almost everyone: that a softening in Fed’s hawkish rhetoric and President Trump’s trade dispute talk would […]
Disruption and Investors’ Fear of Missing Out $NFLX, $TSLA A new study from UC Riverside and the Rotterdam School of Management finds that fear of missing out motivates investors to give money early to startups with a disruptive vision. Many early backers are reluctant to invest too much in unproven ideas that might not take […]
Best of the Auto Sector: Fiat-Chrysler (NYSE:FCAU) and Ferrari (NYSE:RACE) $RACE, $FCAU, $GM, $F, $TSLA Here at HeffX-LTN we follow the stocks of 4 automakers: Ferrari, Fiat Chrysler, Ford and and Tesla. Fiat-Chrysler with a nearly 90% rise was the Winner for 2017. Ferrari (NYSE:RACE) was 2nd, posting an 80% return. On the year Fiat-Chrysler […]
Fine Arts Investing in 2018 and Beyond $BAC, $SCHW Global managed money, US hedge funds and some of the world’s biggest banks have embraced the predictive properties of machine learning to spot patterns and guide their investment decisions. Could this branch of AI (artificial intelligence) be used to divine the vagaries of the fines arts […]
Not Being Invested in Low Volatility Market ‘Can Be Costly’ $DIA, $SPY, $QQQ, $VXX Goldman Sachs in a Note to clients: “Not being invested in a low volatility market “can be costly””. Many market strategists worry the low levels of volatility reflect market complacency, but Goldman Sachs (NYSE:GS) equity strategist explained that the low volatility […]
Value Investing Generates Higher Returns, Lower Risk $BRK.A, $SHLD GuruFocus founder Charlie Tian, PhD’s book, Invest Like a Guru: How To Generate Higher Returns At Reduced Risk With Value Investing. Dr. Tian doesn’t have a background in finance. He is a physicist expert in fiber optics and lasers. Perhaps because of his non-financial background Dr. […]
Sell in May, Go Away, Fact or Fiction $SPY With April in the scrapbook, we have entered into the seasonally weak 6-month period of the year. And the debate over the Wall Street axiom “Sell In May And Go Away,” starts again. The data […]
Wall Street Expects to Post Huge Q-4 Returns $DIA, $SPY, $QQQ, $VXX Wall Street firms are expected to post the biggest Q-4 win since the financial crisis as the US election triggered global markets activity from government bonds to currencies. Fixed-income and stock-trading revenue at the 5 biggest U.S investment banks rose 20% from a […]
Gold Outlook: Do Not See Fed Interest Rate Increase in 2016 $GLD A US Fed interest-rate increase this year should not shake investors’ faith in Gold, according to Australia’s 2nd-largest producer. Bullion is trading near the lowest level in more than 3 months. Prices fell on speculative worries that central banks are ready to curb […]
Dubai Rents Fall 6%, Brexit Hits Investor Confidence Regional security and political issues such as Europe usher in wave of uncertainty The price of apartment rents in Dubai fell by 6% in 1-H of Y 2016 as global and political issues hit investor and buyer confidence, a report by real estate website Bayut.com has found. Dubai’s […]
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, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX There will be some give back to start this week after such a strong move to close out the post-Brexit as the market is very overbought, but the momentum indicators are strong, new highs for S&P 500 and DJIA may happen early, the move has backing. […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The beginning of Q-3 starts Tuesday and with the Fed, BOE and ECB stating they will stand by the markets, we may presume that the major Wall Street indices will continue North though perhaps after a pause to refresh given velocity the move South and the V […]
SPDR Gold Shares (NYSEArca:GLD) Assets + $18-B in 2016 Gold may emerge as one of the Brexit vote’s biggest commodity winners should revised forecasts from a growing number of banks prove correct as the poll’s outcome sets the stage for greater global economic uncertainty and hobbles the likelihood of rate rises from the US Fed. […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This week Wall Street participants will come to terms, and working through the Brexit result. Friday close was not the bottom, likely the beginning of the long awaited correction. There are some huge positions that will be unwound early this week and those have to move through […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The DJIA looking like it is waiting to see with a Bearish bias. Big names broke lower then bounced Friday but still finished in the Red. DJIA -57.94 at 17675.16, NAS Comp -44.58 at 4800.34, S&P 500 -6.77 at 2071.22 Wall Street ended a volatile week Friday on a […]
