How Germany’s Anti-Keynesianism Has Brought Europe To Its Knees
For a number of years now, Europe’s EMU has been seen skating along the abyss, suffering its worst economic crisis since WWII and flirting with outright deflation and/or breakup. The fragility of the euro currency union has been a cause of instability across Europe and beyond. The argument advanced in this paper assigns Germany a […]
Market Talk- March 15th, 2017
Another quiet session for Asia with closes small mixed. Toshiba was again a talking point after it lost 12% in today’s trading with the added possibility that it may delisted. China’s President, Xi Jinping, commented recently concerns surrounding President Trump and his views surrounding US trade partners; guess this will be hotly debated come the […]
Orbital ATK – Chart Of The Day
The Chart of the Day belongs to Orbital ATK (OA). I found the aerospace defense stock by using Barchart to sort today’s Top Stock to Own list first for the most frequent number of new highs in the last month, then again for technical buy signal of 80% or better. Since the Trend Spotter signaled a buy om 2/21 the stock […]
Janet Yellen Presents: What Frightened You, Fed?
We placed a block of ice into the sink the other night and magically, Alfred Hitchcock presented himself. The famed director began every episode of Alfred Hitchcock Presents by laying the groundwork for the evening’s story of suspense and terror. In Season 7, on May 1, 1962 the episode called What Frightented you, Fred? aired. It’s the story of […]
USD/JPY Headed For 112.50
USD/JPY dropped like a rock after the Federal Reserve raised interest rates. Investors completely ignored the rate hike, focusing instead on the dot pot and Fed President Kashkari’s dissent. They were disappointed that today’s decision to raise interest rates was not unanimous as Kashkari preferred to leave rates steady this month and the Fed sees […]
Bonds Higher, But Financials Do Not Dip?
The FMOC talked and no one seemed to listen. At least not us traders, markets got the rate hike they were expecting and yet bonds rallied. But what really caught us by surprise is after the FMOC announcement, interest rates tanked and financial stocks did not respond. Opportunity? We believe so, take a look at […]
Stocks And Precious Metals Charts
The Fed did what was entirely expected today, and did it with a pedestrian view towards the future increases. Slow and steady. And so the markets were ‘surprised’, the dollar dumped hard, stocks rallied, and gold and silver got some legs higher. Today was more a ‘technical event’ than anything else. In other words, it […]
The Fed And Cheap Money: Are We Closing In On A Swan Song?
Corporations have more than doubled their debt levels since 2008’s financial crisis, from $3.5 trillion to $8.1 trillion. They are carrying more leverage (e.g., debt-to-revenue, debt-to-EBITDA, etc.) than at any point since the 2000-2002 tech wreck. And the cash relative to the debt on corporate books has been dropping precipitously. Granted, one can choose to […]
Energy Sector Enters A Correction
As expected, the Federal Reserve raised interest rates a quarter-point today. This is the third hike of the past 15 months and places a range of 0.75% to 1.00% on its benchmark short-term Fed Funds rate. However, crude oil has been the primary market mover the past week. Oil has been trading for less than […]
Oracle Corporation Posts Market-Beating Q3 Earnings; Boosts Dividend Payout By 27%
Oracle Corporation (NYSE:ORCL ) late Wednesday [Mar 15, 2017 | 3:59pm] posted market-beating fiscal third quarter earnings results, driven by strong cloud growth, and boosted its dividend payout by 27%. Written by StockNews.com The Redwood City, CA-based I.T. giant reported adjusted Q3 earnings per share (EPS) of $0.69, which was $0.07 better than the Wall […]
