This video is about our best stock chart of the day are the IShares US Real Estate ETF (IYR). We review the charts on both a weekly and monthly basis to identify if the trend in real estate is up or down. I believe based upon the stock charts and the stock market that the chart of real estate is under pressure and may be faced with a bear market should interest rates rise dramatically. Video Length – 00:04:44...
The following is a guest blog post: A lot of people think the stock market is too confusing and complex for them to even try investing. They know that others have made a lot of money in the stock market, but they tend to think that those results are only for the very wealthy or the very financially savvy. The truth is that you don’t have to be a financial wizard to make money in the stock market. You just need to save and invest wisely and you need to have the right tools at your disposal. That being said, you can set up automatic drafts so that you are always saving, as well. You will have to set it up with your bank so that a certain amou...
Podcast: Play in new window | Play in new window (Duration: 13:16 — 7.6MB) DOW – 21 = 20,881 SPX + 0.87 = 2372 NAS + 14 = 5875 RUT + 5 = 1370 10 Y + .03 = 2.61% OIL – .07 = 48.42 GOLD – .80 = 12-04.70 The Dow Jones industrial average, S&P 500 and Nasdaq all turned in lackluster performance last week, with each posting declines of 0.2% to 0.5%. However, they’re still not far from all-time highs set in early March; the S&P is down about 1% from its record high. Per Ritholtz Wealth Management, the average stock in the S&P was down just 10% from its 52-week high, and the median stock was off 6% from this high. If it...
SPX Monitoring purposes; Covered short SPX 1/31/17 at 2278.87 =.09% gain; Short on 1/30/17 at 2280.90 Monitoring purposes Gold: Sold GDX at 24.33 on 2/22/07 = gain 20.15%; Long GDX on 12/28/16 at 20.25. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890.28 The bottom window is the McClellan Oscillator which reached minus 266.53 last Thursday and is about as low as it gets and did mark a low. The FOMC meeting is Tuesday and Wednesday and may mark a short term turning point in the market. High volume days are usually tested and March 1 and March 9 both had high volume and March 1 marked the highest volume which means it has more r...
Written by Rick Ackerman, Rick’s Picks (NYSE:RINF) is the symbol for an ETF trading vehicle that tracks inflation expectations. This is of more than passing interest to me, since I’ve been a hard-core deflationist and written on the topic for more than 30 years. RINF has yet to break out on a long-term basis (see chart below), and I am extremely skeptical that it will. Incipiently deflationary forces arising from debt, and from the substitution of machines for workers, are vastly more powerful than any catalyst one could imagine for inflation. As such, those hitherto intractable engines of inflation – government, healthcare an...
The market was dull as can be, and any stabs at momentum trading was quickly vanquished as the day wore on. Tomorrow could be more of the same as the north east prepares for a massive snow storm, along with the FOMC on Wednesday, which also can create some dull trading days leading up to the announcement. Nonetheless, always be ready for what you might not expect and below are three trade setups worth watching to see whether they can breakout tomorrow or not. Here’s the momentum trading opportunities to watch for: Long Alibaba Group (BABA) Long Walt Disney (DIS) Short Air Products and Chemicals (APD)...
What do you do when you’re part of an industry that has levered up $100’s of billions of dollars in investor capital and paid a handsome premium for pretty much every asset available all while “excess cash sits on the sidelines” because there are just no deals left to do at remotely attractive valuations? Well, if you’re Investindustrial, a European private equity fund founded by Italian dealmaker Andrea Bonomi, then you simply raise a new fund to buy all the investments of your old fund. And while that may sound like a joke, unfortunately it’s very true. As the Wall Street Journal points out today, Bono...
Shareholders are the ultimate owners of any publicly traded business. By putting capital on the line to gain fractional ownership in a company, shareholders will participate in the successes (and failures) of the underlying business. Company management has some very obvious goals that are dictated by shareholders, including: Maximize profits Minimize expenses Reduce reputational risk Make ethical and socially responsible decision There are also certain behaviors that are considered shareholder-friendly, which typically include dividend payments and share repurchases. This article will discuss 6 signs of a shareholder friendly stock in detail....
We are at the stage ten years later where it is still necessary to define terms. In every finance and economics textbook, the chapter on monetary policy defines “tight” money as when the Federal Reserve (or whatever central bank) raises its policy rate(s). Conversely, “accommodative” money is where it lowers the rate(s). In the US system, the technical reason given is open market operations, where the FOMC acting through the Open Market Desk of its New York Branch (FRBNY) will buy and sell securities as necessary to achieve the target rate. From the perspective of the banking system, that means the Fed will, if pushed, provide whateve...
Those looking for centralized solutions to healthcare, jobs and other “macro-problems” will suffer inevitable disappointment. The era in which further centralization provided the “solution” has passed: additional centralization (Medicare for All, No Child Left Behind, federal job training, Universal Basic Income, central banking “free money for financiers”, etc.) have all entered Diminishing Returns. The systemic costs of centralization–corruption, cronyism, soaring prices, declining quality, over-reach, insider rackets, regulatory capture by corporations and oligarchs– are soaring as the bene...