For years now, I’ve heard the debate continue about whether low bond yields are good for the stock market (since stocks’ dividend yields become a more attractive alternative) or in fact bad for the stock …
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TIF is getting clobbered today, down about 8.5% as the company reported Q1 earnings that missed consensus and lowered its full year guidance. While the reported results and lowered guidance were obviously a big disappointment, …
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While I read endless reports about the next remarks from insert European politician here, few people are mentioning the steady drip of reports of Chinese weakness. China is the 2nd largest economy in the world, …
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MorningWord: 5/24/12: All in All the price action so far this week in the SPX has been fairly constructive when you consider how poor sentiment got into Friday’s close. The 4 day SPX chart below has this week’s …
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Reuters PMI data from Germany, Europe’s largest economy, showed its manufacturing sector contracted at a far greater pace than was expected, and its service sector saw minimal growth. In neighboring France, both sectors contracted faster …
Continue readingYesterday’s intraday reversal higher was a very high probability event, far before any news headlines about Europe hit the tape. It was the rare event where almost all of my intraday signals line up to …
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RiskReversal’s new favorite son, Enis Taner will be on CNBC’s “Talking Numbers” segment, which should air live from the NYSE btwn 3:15 and 3:30pm. Here are some quick notes about what he will be discussing: …
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A little more than a month ago, we highlighted the fairly simple inverse relationship btwn the SPX and the VIX (below) and how we saw things setting up in a not too different manner than …
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MorningWord: 5/23/12: Enis has been highlighting stresses in currency and credit markets the world over that in our opinion have not been adequately reflected in the developed world’s equity markets. That being said the DAX …
Continue readingWhat does it mean when global central banks are losing in the battle of their currencies? Currency markets globally are showing incredible price action over the last week. Price action that defies the moves of …
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