Global markets took a beating today. The Shanghai Composite was only down 1.28%, but the Nikkei dropped 3.84%. The Euro STOXX 50 lost 2.47%. Our benchmark S&P 500 plunged at the open, drifted sideways until late morning and then sold
September 1, 2015
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108
In the last trading session, the U.S. stocks yet fell again on continued uncertainty about China and the Fed policy. In fact, the Dow Jones logged in the worst monthly losses since May 2010 while the S&P 500 and the
Written by Eric Bush, CFA, Gavekal Capital Blog With last week’s volatility in the books, we thought it would be worth taking a moment to check in on equity performance across the developed world. In the tables below, we are looking
But but but… US economy is solid… curve will steepen… NIM… banks… bullish… buy… except that the market’s perception of the credit risk in US financials is at 19-month wides. With counterparty risk rising, is it any wonder financial stocks are
“Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank
Ambarella (AMBA) has been a white-hot IPO since coming out in 2012 it’s up over 1400%! The company is the current king of video-processing chips. More elaborately stated in their company description: “The company’s system-on-a-chip designs integrated HD video processing,
In the midst of the tough times for the markets, we get yet another reminder that while the Chinese turmoil may be sending shock waves around the globe, the underlying US economy continues to show strength and improvement. Today, Autodata
Sometimes Things Work as They “Should” Hopefully readers were able to take advantage from what turned out to be two extremely well-timed recent posts on the upside potential for crude oil (admittedly the timing was just a case of luck).
Last week, three different measures of consumer confidence came out: University of Michigan: Consumer Sentiment Conference Board: Consumer Confidence Level Gallup: Economic Confidence Index Claim of Importance Bloomberg states “Consumer sentiment is directly related to the strength of consumer spending.”
