I sincerely have no idea whether the rotation out of growth stocks, primarily Tech, and “yield-ers”… Consumer Staples, Telco and Utilities, into Banks, Industrials, Materials and Oil stocks is healthy with the broad market at all …
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Prior to AT&T’s (T) $85.4 billion bid for Time Warner (TWX) on October 22nd the stock had already been in a fairly sharp downtrend from its 52 week highs made in early July. The stock …
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Since last Tuesday’s close, shares of Pepsi (PEP) are down nearly 7% in a straight line. Now a lot of things have gone down since then, but probably nothing more important for a company that …
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After some early weakness this morning, Crude Oil held at near term support, and is now threatening to break above the uptrend from the February lows: The technical set up here feels precarious at best, …
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The bond market is closed today for Columbus Day, but the TLT (iShares 20 year Treasury bond etf) is down a little less than 1%, suggesting that yields would be up a bit. The etf …
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For the better part of 2015, it was somewhat concerning that a handful of growth stocks masked a total lack of progress in the broad market. #FANG 2015 vs. YTD 2016$FB +34% vs. +20%$AMZN +118% …
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Here is a breakdown of a couple large, apparently directional sector etf trades today in the options market:
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Event: Pepsi (PEP) will report Q2 results tomorrow morning before the open. The options market is implying only a 2% one day post earnings move in either direction, which is rich to the 4 qtr …
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From where I site, and what I am looking at, 2016 could end very differently than 2015. With the S&P 500 down 2.5%, the NASDAQ Composite down 9% and the Russell 2000 down 14% from …
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Regardless of whether you think the bull market that started in Q1 of 2009 is over or not, one thing is fairly certain, that the breadth of the rally in large cap U.S. stocks petered …
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