Category Archives: Equity

Crude Testing Critical Support…Will Stocks Follow?

The near WTI futures price is down 21 percent since peaking on October 3rd as traders front ran the Iranian oil sanctions, which went in to place this week.   Fearing spiking oil prices, the U.S. granted waivers to eight of … Continue reading

Posted in Crude Oil, Equity, Uncategorized | Tagged , | 13 Comments

Why The 2018 Stock Market Corrections Are Different

Just a quick note and some data to bolster our last post and concern that Treasury yields are not coming in  during this stock market correction. The table illustrates that the this year’s two S&P 10 percent corrections have coincided … Continue reading

Posted in Equity, Interest Rates, Uncategorized | Tagged , | 33 Comments

Tail Event Day: -3.29% S&P500 and +1.7 bps 10-year Yield

Something is rotten in the U.S. bond market, which is irritating the stock market, to say, the very least. Today’s 3.29 percent flop in the S&P500, coupled with a 1.7 bps rise in the 10-year yield, is very rare, and … Continue reading

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Asset Prices Divorced From Economic Reality More Than Ever

You would never know it listening to the market cheerleaders but asset prices, both real and financial, are, once again, at extreme valuation levels relative to the trend economy.  The valuation reality coupled with the prevailing, but false, “don’t worry” … Continue reading

Posted in Economics, Equity, Uncategorized | Tagged , , | 28 Comments

Speaking Of Wile E. Coyote Moments…

The stimulus “is going to hit the economy in a big way this year and next year, and then in 2020 Wile E. Coyote is going to go off the cliff,” Bernanke said, referring to the hapless character in the … Continue reading

Posted in Equity, Uncategorized | Tagged , , | 33 Comments

President Reagan On The ’87 Stock Market Crash

President Reagan certainly understood the nature of markets. That is they do whatever they are going to do, sometimes without a fundamental rhyme or reason.   Very different from the current occupant of the White House who seems to think every … Continue reading

Posted in Equity, Uncategorized | Tagged , , , | 27 Comments

JFK-Trump S&P500 Analog – It’s Showtime!

After 363 trading days since election day, the JFK and Trump S&P500 are only 1.52 percent apart regarding price performance. The Kennedy bull run peaked 274 trading days after the November 7, 1960, election rising 31.81 percent and topping on … Continue reading

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The Key to Understanding Facebook’s Current Crisis – WSJ

Facebook’s current data crisis involving Cambridge Analytica has angered users and prompted government investigations. To understand what’s happening now, you have to look back at Facebook’s old policies from 2007 to 2014. WSJ’s Shelby Holliday explains. Illustration: Laura Kammerman Don’t … Continue reading

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Ugly Politics Puts U.S. Bull Market At Risk

We often post political analysis but rarely stray into the crocodile-infested swamp of partisan politics. It is our duty to our readers from across a broad political spectrum to stay true to our mission to provide, mostly, positive economic, financial, … Continue reading

Posted in Equity, Politics, Uncategorized | Tagged , , , , | 45 Comments

Efficient Markets?

Now up 400 percent! Long Island Iced Tea Corp to rebrand as "Long Blockchain Corp", stock up 280% in 6 minutes since issuing press release to change name. Unreal. $LTEA — Dennis Dick (@TripleDTrader) December 21, 2017

Posted in Equity, Technology, Uncategorized | Tagged , | 1 Comment