Category Archive: Finance
Market Cap To GDP: An Increase In The Buffett Valuation Indicator
Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001 he remarked in a Fortune Magazine interview that “it is probably the best single measure of where valuations stand at any given moment.” The four valuation indicators we track in our monthly valuation overview offer a […]
Morning Call For March 28, 2016
OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM16 +0.23%) are up +0.28% after last Friday’s data showed the U.S. economy expanded more than expected in Q1. European markets are closed for Easter Monday. Also, May crude is up +0.51%, which is giving a boost to energy producing stocks. San Francisco Fed President Williams said that global […]
Economy Healthier Than Expected
There are a number of economic reports due out this week that should point to the health of the U.S. economy. U.S. economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with the gross domestic product showing an increase of 1.4% annual rate instead of the previously reported 1% pace, […]
E The Daily Shot And Data – March 28, 2016
We begin with a few updates on the energy markers. 1. US miles driven reaches another record as Americans hit the road. This has resulted in elevated gasoline demand which remains firmly above the 5-year range. Source: Credit Suisse Gasoline expenses are quite low as a share of disposable income and should continue to add to […]
E Stocks To Buy Pre-Brexit
*Tomorrow’s Barron’s suggests buying not one but two of our existing holdings, both of which I have already partly exited, with profits on one and a loss on the other. The profits were on Marine Harvest Group (MHG), the Norwegian supplier of cheap protein from salmon fish-farms to the world. It is gaining from an algae outbreak in Chilean […]
Futures Rise In Thin Trading On Back Of Yen Weakness; Europe Closed
With European markets closed across the continent on Monday as the Easter holiday continues, overnight Asia was busy with the Shanghai Composite letting off some steam, and closing down 0.7% at session lows on concerns the Shanghai and Shenzhen home bubble have been popped prematurely by the politburo. Japan was a different story with the Yen […]
Qualcomm Downgraded To Equal Weight From Overweight At Barclays
Barclays analyst Blayne Curtis downgraded Qualcomm (QCOM) to Equal Weight saying the chipmaker has a “harder road ahead” with Intel (INTC) likely gaining share at Apple (AAPL) this year. Apple is likely using Intel as a second source for modems, Curtis tells investors in a research note. He says he “clearly underestimated” Intel’s ability to […]
Global Markets Fell Last Week–Biggest Setback In Over A Month
The five-week streak of higher prices hit a wall last week for the major asset classes via a set of proxy ETFs. For the first time in over a month, losses dominated the trading week just passed. The four-day stretch through Mar. 24 (the Good Friday holiday trimmed the usual schedule) dispensed losses across the board—the broadest […]
Look For These Candlestick Patterns To Make More Money
I recently showed you how you can use Japanese “candlestick” charts to detect real-time changes in the momentum of the market. Knowing how to read these charts is critical to making sure you’re on the right side of the action, every time. That’s because the charts themselves can fill you in on emerging trading patterns. Today I […]
Dollar Lower To Start North American Session
The US dollar is mostly lower as the North American session is set to begin. The holiday in many centers, especially in Europe, has limited activity, and a few orders seemed to drive prices, which remain within the recent ranges. The Japanese yen is the main exception. The greenback’s gains have been extended into the seventh session, […]
