“Buyer Beware”: Trading VIX ETPs? You Probably Have No Idea What You’re Doing
What started as a (mostly) innocent attempt on our part to highlight the multiplying canaries in the ETF coal mine, has recently morphed into a veritable crusade. When it comes to low-cost, passive investment vehicles, that old saying about “too much of a good thing” certainly applies. The rampant proliferation of ETFs has created all manner of […]
Canada’s Soft Lumber And Dairy Are Easy Targets For Trump’s ‘America First’ Strategy
Donald Trump is a very media-centric public figure. And because the chatter in DC now is of Trump as a legislative failure during his first hundred days in office, Trump needs a win – and Canada is an easy target. Here’s why. First, let’s remember what the objective for Trump here is. He campaigned on […]
Bull Flag Breakout People
Shockingly the market didn’t sell-off the bull flag in the afternoon and maintained the breakout instead That afternoon sell-off has been strong of late, but the bull flag held strong on the charts and the breakout is still in play. Should you be short right now? Not according to the charts. Yes, there is plenty […]
Cisco Could See Tremendous Growth On The Trump Tax Plan
This week, all eyes are on Donald Trump, and for good reason. You see, Donald Trump said that he will be releasing his tax plan at some point this week, and many are expecting it on Wednesday. For Cisco, this could prove to be a huge catalyst. Today, we’ll talk about what Trump said on […]
Box Revenues Still Not Turning Into Profits
Photo credit: jiunn kang too/Flickr.com. According to a recent report published by MarketsandMarkets, the cloud storage market size is estimated to grow $23.76 billion in 2016 to $74.94 billion by 2021. That translates to an annualized growth rate of 25.8% over the five-year period. Box’s Financials Box’s (NYSE: BOX) fourth quarter revenues grew 29% over the year […]
March 2017 Headline New Home Sales Improve And Above Expectations
Written by John Lounsbury and Steven Hansen The headlines say new home sales improved and was above market expectations. Analyst Opinion of New Home Sales This month the backward revisions were small and the rolling averages significantly improved. This was a good month for new home sales. This data series is suffering from methodology issues which manifest as […]
Thousand Point Milestones
I just whipped this up, showing the timespan between 1,000 point increments on the Nasdaq Composite index. As you can see, there was a 17 year drought until it got another notch on its belt. Buy AMZN, AAPL, NFLX, and FB while they are cheap, everyone!
It’s “Make-Or-Break Time” And We Could See “A Painful Cleanout”
Did you read “‘A Small Spark’ Could Trigger An EM Correction, But For Now: ‘No Bears Allowed,’” on Monday? Well if you didn’t, you should. If only because this was the teaser image: No, but seriously, there’s a lot of chatter these days about how sustainable emerging market ebullience is. As a reminder, EM flows […]
Teck Resources Ltd. Reports Lower-Than-Expected Q1 Profit Due To Higher Costs & Lower Production And Sales Volumes
Teck Resources Ltd. (NYSE:TECK), North America’s largest producer of steel-making coal, reported lower-than-expected Q1 profit due to higher costs, lower production and sales volumes. BNN.ca The company said on Tuesday that: Unit production costs in the first quarter rose by $13 to $56 per ton from a year ago. First-quarter coal production was 6.1 million tonnes, […]
What The Buck Happened To The AUD, NZD, And USD Yesterday?
Experienced traders will remember a few years ago when markets were much simpler. For a period of time when the Fed was considering tapering its asset purchases, it seemed like every day was either a “risk on” day, where stocks, higher-yielding currencies and commodities rallied in sync, or a “risk off” day, where bonds, gold, […]
