Posts filed under “Markets”

Succinct Summation of Events Week Ending 6.20.14

Succinct Summations week ending June 20th

Positives:

1. The Nasdaq and S&P 500 both made new 52-week highs.
2. AAII bullish sentiment weekly decline was the largest drop since January.
3. Homebuilder sentiment climbed from 45 to 49 vs 47 expected.
4. Philly Fed came in higher than expected for the 4th straight month.
5. Fed continues to taper $10B a month, market likes, S&P 500 closes at all-time highs.
6. Empire manufacturing index came in at its highest level since 2010
7. Industrial production grew by 0.6% m/o/m, better than expected, April #’s were revised up.
8. Initial jobless claims 4-week moving average moved down to 312k, continuing claims hit the lowest levels since ’07.

Negatives:

1. Crude oil closed at the highest price since last fall.
2. High yield spreads are at their lowest levels since 2007, something to keep an eye on.
3. Housing starts and building permits both came in lower than expected.
4. CPI came in higher than expected, 0.4% v 0.2% expected and +2.1% Y/O/Y (highest M/O/M increase in over 4 years).
5. Japanese exports fell 2.7% y/o/y vs estimates of a 1.3% decline.
6. UK home prices continue their vertical climb, rising 9.9% y/o/y, the most since ’10.

Thanks Batman

Category: Markets

How Bee Hives Are Like Stock Markets

Category: Markets, Video

MTA Presentation: Risk, Trading & Neurofinance

Click through for the free registration:   MTA New York Chapter Meeting June 23, 2014 Featuring Barry Ritholtz presented by Bloomberg L.P. The New York Chapter of the MTA invites you to our next chapter meeting on Monday, June 23, 2014. We are honored to have Barry Ritholtz, founder and chief investment officer of Ritholtz…Read More

Category: Markets, Psychology

Kiron Sarkar’s Weekly Update 6.14.14

Whilst May retail sales came in lower than expected (though April’s numbers were revised higher), US economic data released during the week was positive. As the US economy improves and with the FED continuing to taper, the US$ is strengthening, in particular against the Euro, a trend I expect will continue. I also expect Sterling…Read More

Category: Markets, Think Tank

Explaining Iraq

Explaining Iraq We live in a star culture. But the “New York Times” did not get the memo, they let some of their biggest stars go, from Frank Rich to David Pogue to Nate Silver. Unfortunately, all three are languishing without the imprimatur and the distribution of the “Times,” but if you read the memo,…Read More

Category: Financial Press, Markets, Think Tank

Succinct Summation of Week Ending 6.13.14

Succinct Summations week ending June 13th Positives: 1. The S&P 500 and Dow Jones made all-time highs (again). 2. Import prices rose 0.1% m/o/m 3. NFIB small business optimism came in at 96.6 vs. 95.8 expected. 4. JOTS job openings = 4.45mm in April  (vs expectations of 4.05mm), up from 4.16mm in March, the most…Read More

Category: Markets

How Neurofinance Impacts Trading & Risk: Register Today!

Click through for the free registration:   MTA New York Chapter Meeting June 23, 2014 Featuring Barry Ritholtz presented by Bloomberg L.P. The New York Chapter of the MTA invites you to our next chapter meeting on Monday, June 23, 2014. We are honored to have Barry Ritholtz, founder and chief investment officer of Ritholtz…Read More

Category: Markets

Cutting Asparagus

Cutting Asparagus David Kotok June 12. 2014   Now what? Maybe it’s time to cut some of the asparagus? Stocks have reached levels that carry warning signs. They are at historical peaks relative to GDP, with the only exception being the tech bubble era. US stocks continue to rise even as inflows to mutual funds…Read More

Category: Markets, Think Tank

Why Don’t We Hold Pundits Accountable?

Five years ago, Arthur Laffer — creator of the Laffer curve and a member of President Ronald Reagan’s Economic Policy Advisory Board from 1981-89 — wrote an op-ed article. It was a grab bag of his pet peeves: opposition to Federal Reserve policies in response to the financial crisis and concern about the “unfunded liabilities…Read More

Category: Markets

June 23: MTA NY Meeting

MTA New York Chapter Meeting June 23, 2014 Featuring Barry Ritholtz presented by Bloomberg L.P. The New York Chapter of the MTA invites you to our next chapter meeting on Monday, June 23, 2014. We are honored to have Barry Ritholtz, founder and chief investment officer of Ritholtz Wealth Management and author of Bailout Nation, present…Read More

Category: Markets, Psychology