Chris Kimble of Kimble Charting Solutions with a chart out last week showing the coincidental bumping of resistance for both the JNK (high yield ETF) and the SP 500. I used the word, “coincidental” but there is causality here. … Continued
The SP 500 Earnings Yield is at 6.88% as of Thursday, December 20th, 2018. The 6.88% level is now above the highs from the 2015 – 2016 correction but still well below the 8% – 9% hit during the 2011 … Continued
Talking with my yoga instructor this week about the market – she does one-on-one yoga sessions with many CME traders and hedge fund types – and while explaining I really wasn’t a trader for my clients, but more of a … Continued
“With all thy getting, get understanding” (Proverbs 4:7) My first job real job in the investment business was as a municipal credit analyst back in early 1990 for Clayton Brown & Associates, a small, regional broker-dealer here in Chicago, and … Continued
It was one year ago almost exactly the SP 500 was in the midst of a powerful rally, after the China yuan devaluation, that started late July, 2015. The rally started on “nonfarm payroll Friday” in early October ’15, with … Continued
Let’s take a quick look at revisions within the SP 500. fc-eps-estimate-revisions Hopefully this spreadsheet, which has been updated weekly for years, is helpful to readers. Note how just within the last week, 412 of the SP 500 companies have … Continued
Outside month ? See SeeItMarket here. (Read the last half of page 2 – June 30th – to cut to the chase.) Outside Year ? See Josh Brown via SeeItMarket here. Both of these articles are pretty bullish. The point … Continued
On the week, the SP 500 fell a whopping 3 points to 2,096 this week from last week’s 2,099. And last week’s close of 2,099.13 was almost the exact same as the prior week’s 2,099.06 close. Here is the progression … Continued
AT&T (T), fell 3% yesterday on nearly 3(x) average volume, after Verizon (VZ) warned about increased churn and margin pressure in its wireless business, which promptly dropped VZ 4% on Tuesday on nearly 3.5(x) average volume. A small position in VZ was sold … Continued
High blood pressure is widely known as “the silent killer” for good reason. This blog post is a continuation of our blog post from 8/5/14 on liquidity in the bond markets. Today as an RIA managing individual investor money, and … Continued