In the lead up to Tuesday’s election, I am trying to recall if I heard or read a market participant or pundit who accurately predicted a stock market rally in the event of a Trump victory. I …
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No matter what your political affiliation is, there is a whole heck of a lot of wtf today from citizens, investors, politicians, pollsters and the press. I think it is safe to say that few (even …
Continue readingCurrent polls point to Hillary Clinton being sworn in as our next President of the United States on January 20th. As far as what that means for policy, Clinton is a typical left of center …
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Prior to the the UK’s Brexit vote in late June, I took a fairly apathetic view to the prospects of a Leave vote, and expected the people of the UK to vote to Remain in the …
Continue readingNearly 55% of the S&P 500 (SPX) have reported calendar Q3 earnings so far. Here’s a quick scorecard with some projections from FactSet’s Earning’s Insight: Far from a disaster, as a whole, but the SPX …
Continue readingAlright, maybe it’s starting to sound like the boy who cried wolf, or merely my fairly convicted view that the concentration in the Nasdaq among a handful of stocks will eventually be the stock market’s …
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Here was some apparently untied directional options activity that caught my eye in today’s trading: MET: Shares of the life insurer saw a sharp intra-day reversal after initial opening down at a one month low …
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Since reporting calendar Q3 results in the last week or so, Apple (AAPL), Alphabet (GOOGL), Amazon.com (AMZN) and Facebook (FB), have lost between 5 and 10%. That is equal to nearly $200 billion in combined market …
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Yesterday the S&P 500 (SPX) did something it has not done since October 2008 when global markets were in the throes of the worst economic and market crisis since the Great Depression, it closed down …
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The VIX (CBOE Volatility index) recently touched the fairly low level of 13 on October 24th. Since that day, it has seen seven straight up days and is now above 20 on today’s nearly 20% …
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