We are presently in “the dead zone” of earnings reports and revisions, as – according to IBES by Refinitiv data – there were just 517 revisions to analyst estimates this week, versus the 2,300 odd changes to estimates during the … Continued
The two US dollar proxies followed regularly are the UUP and the DXY. The UUP is a tradeable ETF, but it generates a K-1, therefore I stopped buying it for clients. Both the DXY and the UUP have identical … Continued
The SP 500 was still up 10.58% as of May 31, even though the month of May was pretty ugly in terms of the monthly SP 500 return. Here were client’s Top 10 holdings as of May 31 and their … Continued
Sourcing Bloomberg / Barclays data, are the YTD returns for the bond market asset classes as of Friday, April 12th, 2019: US Corp HiGrade: +5.13% US Corp High Yld: +8.14% Mortgages (MBS): +1.89% Municipals: +2,67% US Treas: +1.32% US TIPS: … Continued
This weekly chart of the Bloomberg Barclays Aggregate (AGG) ETF, shows it bumping into formidable resistance at the 200-week moving average. For readers, 44% of the AGG is “Government” with 39% of the 44% Being Treasuries, 25% of the … Continued
With 497 of the SP 500 having reported their Q4 ’18 earnings, attention has been focused on Q1 ’19 and full-year 2019 SP 500 earnings for a few weeks, and really since Wal-Mart reported since, the majority of companies have … Continued
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