Worries Grow over OPEC’s Output Cut
As recently as 10 years ago, a $4 drop in the price of crude oil prior to an OPEC meeting and worries over the cartel lacking any consensus would be a huge positive for the stock and bond markets. Not … Continued
Monthly Archives: November 2016
SP 500 Forward Growth Rate Rises above 4%, First Time since Mid-January ’15
The big data point that stuck out this week was the all-important year-over-year growth rate of the “forward 4-Quarter” estimate. We’ll walk through the numbers in a second, but the other aspect of the numbers that jumped out was that … Continued
What’s Up With the Health Care Sector – Investors Fleeing Defensive Sectors ?
The Health Care sector rally that started with President-elect Trump’s victory on November 8th, and the defeat of Proposition 61 in California, has fizzled out before the Financial and “return-to-global-growth” rally within other sectors like Basic Materials, etc. Given the … Continued
Happy Thanksgiving – Major Indices at All-Time-Highs This Week – Reason to Sell ?
This Is Not Bearish The above link is from a guy by the name of Michael Batnick, the research director at Rithotz Wealth Management, a firm whose work I follow and consider to be very “thoughtful” over the years. Michael … Continued
Dodd-Frank and its Impact on Big Bank Revenue
The Financial sector started to rally about a month before the Presidential election, with the results of the November 8th election, sending the sector even higher, for it’s best rally since 2013. The election catalyst with the Republican Congress and … Continued