Posts filed under “Markets”

Succinct Summations of Week’s Events 4.24.15

(Very) succinct summations for week ending April 24th:

Positives:

1. The S&P 500 made a new all-time high.
2. Mortgage applications rose 5% w/o/w.
3. The NASDAQ Composite closed at its highest level in fifteen years.
4. Initial jobless claims came in at 295k, the seventh week below 300k.
5. Durable goods increased 4%, vs expectations for a 0.9% gain.

Negatives:

1. Core Durable goods fell 0.5% m/o/m vs the 0.3% gain expected.
2. New home sales came in at 481k, 34k less than expected.
3. Markit’s Manufacturing PMI fell to 54.2, down from 55.7 in March
4. China’s HSBC manufacturing index fell to 49.2, a one-year low.

Category: Markets

Nasdaq Bubble Stole From Future Returns

Yesterday, we discussed why the Standard & Poor’s 500 Index has gone sideways for the past few months. The prime suspects were rich valuations, earnings crimped by falling energy prices and higher returns to be had overseas. Today, I want to look at the Nasdaq Composite Index. It closed at 5,056.06 yesterday, surpassing its March 2000 dot-com…Read More

Category: Markets, Psychology, Sentiment, Valuation, Web/Tech

Is the Nasdaq in another bubble? (An Interactive Journey)

Click for crazy cool an interactive roller coaster. Source: WSJ

Category: Cycles, Digital Media, Markets, Valuation

New All Time Nasdaq Highs

Nasdaq Surge Lifts Internet Boosters of the Past Source: WSJ  

Category: Markets, Technology

What is Market Breadth Telling Us ?

During the past few years, I have referred to market breadth as one of the more important metrics of the stock market’s health. As we close in on new highs in the cumulative advance-decline line, it is time to revisit this internal indicator. As the chart below shows, the Standard & Poor’s 500 Index has rallied from…Read More

Category: Markets, Technical Analysis

Nikkei Dow > 20,000

Great discussion from my pal Peter Boockvar of the Lindsey Group on Japan: The Nikkei closed above 20,000 for the first time since April 2000. Optimism for corporate profitability, higher ROE’s, better corporate governance and a greater focus on satisfying shareholders, along with QE and a weak yen continues to drive performance that will likely…Read More

Category: Markets, Trading

Study on Investment Advisers and Broker-Dealers

Category: Markets, Think Tank

Smaller Manhattan Apartments Keep Getting More Expensive

Source: Curbed

Category: Markets, Real Estate

Succinct Summations of Week Events 4.17.15

Succinct Summations week ending April 17th Positives: 1. The Hang Seng Index crossed 28,000 for the first time since 2007 2. Initial jobless claims rose to 294k vs the 280k expected (bellows 300k for 6 straight weeks). 3. Core CPI rose 1.8% vs expectations of a 1.7% rise. 4. The NAHB index rose to 56,…Read More

Category: Markets

Millennial Disruption Index

Source: Millennial Disruption Index

Category: Digital Media, Economy, Markets