-
Buffett Holding Record Cash, Vicious Short Squeeze Responsible For Large Stock Gains
Monday, November 6, 2023 - 11:03am | 1504To gain an edge, this is what you need to know today. Change In 60/40 Portfolio There is a change in the 60/40 Portfolio. Please scroll down for details. Buffett Cautious Please click here for a chart of Berkshire Hathaway Inc Class B (NYSE: BRK-B). Note the following: The Morning...
-
Tightening Financial Conditions
Thursday, August 24, 2023 - 3:28pm | 3739Disorderly Disinversion As 10-year Treasuries (USTs) decisively broke above the October ‘22 closing high of 4.24% and real 10s (TIPS) surged towards 2%, their highest level since the financial crisis, the explanatory narrative evolved from increased Treasury supply and reduced foreign demand...
-
AI Frenzy Result – Perma Bulls Revered And Perma Bears Reviled, Apple And Amazon Earnings Ahead
Monday, July 31, 2023 - 11:01am | 1427To gain an edge, this is what you need to know today. Perma Bull Perma Bear Sentiment Indicator Please click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ: QQQ). Note the following: The chart shows that the AI frenzy driven rally continues. The chart shows that on the...
-
Markets Take Wild Ride As BoJ's Unexpected Policy Tweak Leads To Volatility: What Happened?
Friday, July 28, 2023 - 1:26pm | 815Global markets experienced a dramatic increase in volatility in the last hours of trading in New York on Thursday followed by a gradual reversal, resulting in a fresh bullish session for both equities and bonds on Friday. But what does the Bank of Japan have to do with all of this? The wild market...
-
VIX Climbs 10%, Dow's Record Streak Snaps After Bank of Japan's Surprise: Why Are Markets Flipping Thursday?
Thursday, July 27, 2023 - 4:11pm | 845Risk sentiment sharply deteriorated in Thursday’s afternoon session, and volatility made a strong comeback in the market. The VIX, the fear index, surged over 10% amid growing speculation the Bank of Japan (BoJ) might consider removing the yield curve control, which limits the 10-year bond...
-
Nasdaq, S&P Futures Spike Higher Following Tuesday's Tentative Gains: Nike, Tesla, Micron, Housing & Consumer Confidence Data In Focus
Wednesday, December 21, 2022 - 7:08am | 1133U.S. stocks look set for a positive start on Wednesday, with the index futures trading moderately higher. Sentiment going into the session likely hinges on a couple of economic readings and energy prices. The major averages closed Tuesday’s session slightly higher, as traders braved BoJ...
-
Fintech Focus For September 30, 2020
Tuesday, September 29, 2020 - 9:05pm | 2989Quote Of The Day: The man with a new idea is a crank, until the idea succeeds. - Mark Twain Fintech Movers: Brian Armstrong, CEO of Coinbase, took a strong stance against employee-driven corporate activism over the weekend, explaining that, going forward, his company would be “mission...
-
A Dandy Dollar ETF
Tuesday, January 24, 2017 - 9:38am | 532The U.S. dollar is one of several assets benefiting in significant fashion from the surprise election of Donald Trump as the 45th U.S. president. The Federal Reserve helped the dollar's cause with a December interest rate hike and with expectations abound that more interest rate increases are...
-
El-Erian: Central Banks Have 'Distorted' The Public Market
Thursday, October 20, 2016 - 8:24am | 466Mohamed El-Erian, a well-respected economist and chief economic adviser at Allianz, isn't a fan of owning stocks. In an interview with Bloomberg, El-Erian said he isn't avoiding stocks because of the perceived risks. In fact, his portfolio composition contains assets generally considered to be...
-
Drop A Dime On Dollar ETFs
Wednesday, October 12, 2016 - 12:24pm | 521It was not long ago that the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) was the king of currency exchange-traded funds. This year, thanks in large part to the Federal Reserve's refusal to raise interest rates, the dollar and UUP have almost been reduced to court jester status. What...
-
Time For The Topix And Relevant ETFs
Wednesday, October 5, 2016 - 3:58pm | 556Against the backdrop of safe-haven demand for the yen, Japanese stocks and exchange-traded funds are struggling this year, but the scenario could improve in the fourth quarter. On the surface, many investors might criticize the lack of inflation, weak macro data and Japan’s corporate exposure...
-
'Helicopter Money' Is On Its Way To Japan... Or Is It?
Thursday, July 14, 2016 - 10:46am | 258According to Bloomberg, there is close to $10 trillion worth of bonds yielding less than zero and more than $6 trillion of the total is Japanese government debt. Meanwhile, Japan's Prime Minister Shinzo Abe was told by an adviser Etsuro Honda that "now is the time to introduce helicopter money." "...
-
George Soros Starts Shorting Again: Should You Listen To Him? Here's How He's Done Recently
Friday, June 10, 2016 - 10:03am | 473Bloomberg’s Simone Foxman reported how George Soros’s latest predictions have played out. The report was published after Soros, “the 85-year-old billionaire who broke the Bank of England in 1992,” came out of retirement to short U.S. equities hands-on. Barrick Gold Corp: Win...
-
Test The Eurozone Recovery With This ETF
Thursday, May 19, 2016 - 4:39pm | 536The eurozone economic recovery is ongoing. That is a statement some investors may be tired of hearing because they've been hearing it for four or five years now, but data indicate even peripheral eurozone economies are farming though lingering pockets of concern. Although the euro is...
-
Heard Of NIRP? The Controversial Economic Policy Is Backfiring
Wednesday, April 20, 2016 - 6:42am | 321A negative interest rate policy (NIRP) is a rather unconventional monetary policy tool that allows nominal target interest rates to be set with a negative value, lower than the theoretical floor of zero percent. The mechanism is aimed at stimulating economic growth and sustaining inflation levels...