Whenever there is a national holiday and especially July 4th, volumes are light which can result in larger moves and higher volatility. Given that North Korea tested another missile earlier today the effect on markets was more extreme than would
July 4, 2017
Supply has dried up, if that is it, then demand has the freedom to push prices up! Two things can slow the advance: Supply overcoming demand, or no interest from demand (or as Tom Williams used to say ‘No Demand
Understanding your risk level is one of the most important parts of financial planning. Here’s why: Imagine you’re playing chess and you’re about to move your queen to a particular square. Making this specific move may put pressure on your
AT40 = 65.0% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 60.5% of stocks are trading above their respective 200DMAsVIX = 11.3 (volatility index)Short-term Trading Call: cautiously bullish Commentary During the big June 9th swoon in tech stocks, I was
from Daily Reckoning — this post authored by James Rickard After nine years of unconventional quantitative easing (QE) policy the Federal Reserve is now setting out on a new path for quantitative tightening (QT). QE was a policy of money printing.
Heading into the July 4th holiday and indices experienced a mix of reactions. Large Caps came out relatively unscathed with only a minor reaction to last week’s selling. The S&P remains caught inside its tight trading range since the start
Tesla (TSLA) CEO Elon Musk tweeted new details about the Model 3 ramp, including that they’re planning to roll the first one off the production line on Friday. However, some are suggesting that by Musk’s numbers, it looks like he
In 2008, the biggest banks in the Western world were being bailed out by their governments. Barclays, however, raised billions of dollars on its own to fortify its balance sheet and sidestep the inconvenience of having its executives’ compensation and
The chart shows real house prices in US vs Canada from the period 1975-2016. Taking a long time period is always good practice, as is inflation adjusting price series such as these. The one caution I would remark on is
Econintersect’s Economic Index continues to forecast strengthening economic fundamentals – with the index showing normal growth for the third month in a row. Six-month employment growth forecast indicates modest improvement in the rate of growth. Analyst Summary of this Economic Forecast
