What You’ll Learn 10 common excuses for why people don’t invest or don’t try harder Advice on how to overcome these excuses Additional resources and links 2015 has been the first “tough” year in over 5 years. The pain of the great recession is so… yesterday. Therein lies the problem. 5% drops have become unbearable…
Asia returned a quiet lacklustre day’s trading Tuesday with Toshiba (TOSBF) alone claiming the reason the whole market had edged lower. The stock sank an additional 12.3%, extending Mondays 9.8% decline, having stated it is expected to post a 550Bln Yen loss ($4.54Bln) for the fiscal year. In Shanghai and Hong Kong we saw marginal gains…
As we head into the final innings of 2015, the major equity indices are showing low single-digit losses for the year with the exception of the NASDAQ which is up slightly. It has been a bifurcated market for most of 2015. Unless you had a heavy dose of the FANG stocks (Facebook (FB), Amazon (AMZN),…
I haven’t reported much on the housing market this year because frankly it has been vastly surpassed by everything taking place (globally) with the “dollar” and the economy that seems stapled to it. However, November’s resale figures from the National Association of Realtors (NAR) have alarmed several lines of commentary normally more assured (friendly to…
Several announcements before Christmas During the day on Wednesday, the markets will be anticipating several announcements as we start to head into the Christmas holiday season. Because of the holiday, most of the announcements coming out of the western part of the world will be released on Wednesday instead of later in the week like…
1. China’s Central Economic Work Conference is responsible for setting the annual GDP target. Although it was not formally announced, President Xi previously indicated that the goal for the economy to expand by around 6.5% a year through 2020. More telling than the GDP target is the intentions expressed in the new slogan: flexible monetary policy,…
U.S. equities traded nicely higher amid a backdrop of some mixed economic and equity news, while volume remained on the lighter side as investors look ahead to the Christmas holiday break. Treasuries were lower in the wake of a slight downward revision to 3Q GDP and as existing home sales came in shy of estimates,…
The Chart of the Day is York Water (NASDAQ:YORW). I found the water supply stock by using Barchart to sort the Russell 3000 Index stocks for the highest technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 12/15 the stock gained 5.28%. The York Water Company impounds, purifies and distributes…
Desperate risks to chase yield have been the hallmark of this year. Most investors, including those on fixed-incomes who normally tend to shun risk, had, to be blunt, become slaves to central bank policies denying decent returns without risk. That departure from the norm is increasingly coming home to roost now, as junk bond and…
The market had a variety of economic updates today: the third estimate of Q3 GDP, some real estate reports and the latest Richmond Fed manufacturing. But the key driver of today’s advance was probably the rise in WTI February Futures, up 1.84% and higher than Brent Futures for the first time since August 2010. The…
