Shares of Caterpillar (CAT) have been a sort of an anomaly at times over the last five years as the commodity super-cycle, and the promise of everlasting emerging market growth came undone. A look back at …
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Fears of a recession in the U.S. following the late June Brexit vote in the U.K was one of the main reasons for the 5% drop in the S&P 500 (SPX) and the new lows made …
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U.S. stocks large cap stocks are the best performing in the developed world, with the S&P 500 (SPX) up nearly 1.5% in 2016, and down about 2% from its year ago all time highs, vs …
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Event: Alocoa (AA) reports Q1 results tonight after the close. The options market is implying about a 7% one day post earnings move which is rich to its 4 qtr avg move of about 4.25% …
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Bear with me, this is a bit of a think piece, it’s not likely to help you make money, merely some ramblings on what was a fairly confusing last couple days in global financial markets: Earlier …
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What’s the Bull Case? Written by Jay Pelosky (bio below) for Itau’s Global Connections Jan 29th, 2016 It has certainly been a challenging start to the year – even for someone like myself who has been quite cautious (see …
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We have been picking on Procter & Gamble (PG) all year. We’ve done it near its all time highs in January when the stock was just shy of $90 (read here) and most recently prior …
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Back on Aug 19th we highlighted the potential for NKE to follow suit with some other large cap stocks that had recently broken out of long bases to new all time highs (see below). …
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Last month’s towering accomplishment in the S&P 500 of finally topping the nice round number of 2000 was the surest way to get some equity market strategists dreaming of 3000. This morning, Morgan Stanley’s strategist …
Continue readingWhether you’re a bull or bear on the broad market, you have to agree that Home Depot’s technical breakout above the prior all time highs is nothing short of a work of art: For all …
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