Goldman Sachs: If Stocks Drop, The Economy Will Too

From Tyler Durden: In addition to boosting the intangible “wealth effect” by raising consumer confidence and encouraging spending, rising stock prices have a benign effect on the broader economy by directly stimulating US economic growth and GDP. And vice versa: when stocks drop, tightening financial conditions, US GDP is impacted […]

Gold Is Starting To Look Cheap

From BlackRock: Russ Koesterich describes the signs that gold, notoriously difficult to assess, is starting to look cheap. Of all the asset classes, commodities, particularly gold, are arguably the most difficult to assess. They are generally the most volatile. Moreover, the lack of cash flow makes them difficult to value; […]

The Real Story On China’s Growth (MCHI)

From BlackRock: Jean Boivin and Tara Rice share our take on China’s growth slowdown. China’s economy is undergoing a tricky transition. Recent economic data out of China have underwhelmed, while escalating trade tensions with the U.S. and elevated domestic debt levels have sparked concerns. Yet we see China’s near-term outlook […]

Bitcoin ETFs Are Back On The Table Amid CBOE Futures Launch

From Zacks: Bitcoin — the hottest trade of 2017 — is now easily available to individuals and businesses courtesy of the launch of the first futures contract on Chicago Board Options Exchange (CBOE – Free Report) in the evening of December 10. Bitcoin futures, expiring in January, spiked more than 20% to […]

Is Momentum Waning For The Dow Jones Industrial Average?

Technical analyst Dave Chojnacki of Street One Financial examines the state of the U.S. markets from a technical perspective as all three major U.S. stock indexes hit fresh highs on a seemingly daily basis. With little to move the Market on Wednesday morning, equities opened lower. It didn’t take long for […]

Fed’s New Normal Is Uncharted Territory For Bonds (IEF)

From WisdomTree: September has certainly been the month for central banks. Indeed, investors have already witnessed formal policy meetings from the Bank of Canada (BOC), the European Central Bank (ECB) and the Bank of England (BOE). In two out of these three convocations, the results have tilted more hawkish than consensus expectations. […]

Gold Continues To Benefit From Global Tensions (GLD)

From Jan Skoyles: This year North Korea has launched a dozen missiles. With the latest one it has threatened the U.S. with ‘ashes and darkness’ as Kim believes it ‘should be beaten to death like a rabid dog.’ Russia and China continue to support watered down sanctions on the isolated […]

Can The Dow Jones Industrial Average Build On Record Highs?

Technical analyst Dave Chojnacki of Street One Financial updates the important technical data to watch as all the major U.S. averages sit at fresh all-time highs. The major indices opened higher on Tuesday, continuing the prior day’s rally. We got a good JOLT’s number beating estimates, but equities paid little attention […]

Russell 2000 ETF Back In Vogue, As Equities Push Toward New Highs

With global equities rallying across the board on early Monday trading and with the SPX and NDX pivoting above record closing highs for the time being, we are seeing inflows in the largest U.S. Small-Cap Equity ETF, IWM (iShares Russell 2000, Expense Ratio 0.20%, $37.4 billion in AUM). The fund […]

Searching For Yield Without A Time Machine

Wade Guenther, CFA, is Portfolio Manager at Horizons ETFs US. In this exclusive article, he details an alternative way to generate yield in one’s portfolio by utilizing an actively managed covered call ETF. In the fixed income market, yields are at historic lows. The 10-year Treasury yield hasn’t topped more […]

Bearish Catalysts Finally Catch Up To The Dow Jones Industrial Average

Technical analyst Dave Chojnacki of Street One Financial examines Tuesday’s big pullback and updates the key technical levels to watch for the major U.S. averages, as geopolitical and natural disasters highlight the risks for today’s investment landscape. Equities gapped down at the open on Tuesday, and you can pick your catalyst. […]

U.S. Shale Oil Production Much Lower Than Anticipated (USO)

From Nick Cunningham: The EIA has once again undercut its previous estimates for U.S. oil production, offering further evidence that the U.S. shale industry is not producing as much as everyone thinks. The monthly EIA oil production figures tend to be more accurate than the weekly estimates, although they are […]

Dow Jones Industrial Average Eyes New All-Time Highs As September Begins

Technical analyst Dave Chojnacki of Street One Financial wraps up the trading week (and trading month) with a deeper look at the renewed bullish push for U.S. equities, updating the important technical levels to watch as we head toward fall. Wednesday’s break through some key technical levels set the stage for Thursday’s […]

Weak Energy Sector Still Weighing On Dow Jones Industrial Average

Market technician Dave Chojnacki of Street One Financial examines Wednesday’s continued bounce in U.S. equities and updates the important technical levels to focus on as we wrap up a very eventful month of August for the markets. Good economic numbers propelled equities early in the session on Wednesday, as ADP Employment data […]

Pressure Mounts For SEC As Even More Issuers File For Bitcoin ETFs

From Zacks: The rising tide for cryptocurrencies like bitcoin, Ethereum and Ripple have lately shaken the investing world. Among the lot, bitcoin has been firing on all cylinders since the beginning of 2017, having hit a series record highs. In three months, the price of the digital currency has surged about 94%. […]

Low Inflation Continues To Have Big Impact On Markets (TLT)

From Invesco: Over the past five months, the US has experienced a string of surprisingly low inflation reports. After peaking at 2.7% in February, annual growth in the Consumer Price Index (CPI) dropped to 1.7% by July.1 More importantly, “core” inflation, which removes the volatile food and energy components, fell from […]

Bear Market Here? Dow Jones Industrial Average Is Suddenly The Weakest Major U.S. Index

Technical analyst Dave Chojnacki of Street One Financial kicks off the new trading week with a recap of last week’s bearish market action, updates the important technical levels to watch in the major U.S. averages, and previews the upcoming week. After last Thursday’s big losses, the market settled down on […]

Bulls Roar Back For The Dow Jones Industrial Average

Market technician Dave Chojnacki of Street One Financial recaps Monday’s big market rally and looks ahead to Tuesday’s action with an update of the technical levels to watch for the major U.S. stock averages. With no major economic reports to start off the week, investors were willing to buy equities […]

Despite Recent Pullback, Dow Jones Industrial Average Still Looks Bullish

Technical analyst Dave Chojnacki of Street One Financial kicks off the new trading week with an update of the important technical levels for the U.S. averages, and notes that the long-term bullish outlook is still intact. After 3 days of the major indices moving to the downside, some traders were […]

Emerging Markets Slammed Amid North Korea War Worries (EEM)

President Trump’s saber rattling has rippled through equity markets, notably Emerging Markets, taking them noticeably lower off of intraday (and new fifty-two week) highs reached intraday yesterday. Put buyers have emerged in full force in EEM (iShares MSCI Emerging Markets, Expense Ratio 0.72%, $35.2 billion in AUM) today consisting of […]