Happy New Year’s to all. For a preview of 2016 and how it may be a riyal pain in the ass, see this.
The market prognosticators are out in force, peering into the same crystal ball it appears, since the Street sees roughly 8% growth in equities for 2016. Now where they see that growth is no mystery. The Facebook, Amazon, Netflix and Google (Alphabet) trade is still their top pick, lacking any kind of imagination. But knowing […]
It appears the markets will be gamed today. Despite the dollar is stronger across the board, crude and stocks point to a higher open as the window dressing will be in full swing today. JPMorgan Chase said Monday that it would offer its high-net clients a bit more interest on their savings as a result […]
There are 3.5 days left in the 2015 trading year and this is how the major exchanges look Monday pre-open. Dow -271, -1.5%. Last 6 months is -2.2% S&P +2, +0.01%. Last 6 months is -1.9% Nasdaq +312, +6.6%. Last 6 months is -0.6% $/€ +10.1%. Last 6 months is 1.8% US 10-year note. Had […]
I’m not sure what to make of my recent research, but I’ll post it today to give the readers a little more time to go over it. Merry Christmas to all. Is there a correlation between financial collapses and breakout business inventions? I’ve ventured to look at the most recent Wall Street and global stock […]
The movie “Concussion” opens Christmas Day. It deals with ex-NFL players being diagnosed with a disease similar to Alzheimer’s due to chronic concussions. Also on Tuesday the NFL pulled out of funding a concussion study at Boston University — through the National Institute of Health — because the lead researcher, Dr. Robert Stern, a prominent […]
Next week I will have some predictions for 2016, but this one can’t wait. The stock market as measured by the S&P 500 index will put in its high for the year in the third week in January and we will see a slippery slope downward for the 1st half of the year. The Fed […]