In the February issue of its Hedge Fund Spotlight, Preqin looks into its crystal ball and tells us of its near term (2017) predictions for the hedge fund industry. The article begins with a simple observation: hedge funds saw net outflows of assets under management (AUM) in 2016. Likewise, 54% of all funds considered individually recorded net…
Video length: 00:01:17 EUR/USD The EUR/USD pair rallied during the day on Thursday, breaking above the 1.0750 level. If we can break above the top of the candle for the session, I think that is a very bullish sign and should send this market to the upside, perhaps reaching towards the 1.08 level, and then…
When it comes to new car sales, most Americans are payment buyers. We want a good deal, for sure, but we really need a car payment that fits our monthly budgets. That’s a problem, given that we also want premium brands, snazzy features, and, for many of us, hulking big machines that look like they’d…
It’s Friday in the Wall Street Daily Nation. If you’re a newbie, that means I’m skipping the long-winded analysis. Instead, I’ll let some carefully selected graphics speak for me. We’re on the cusp of an earnings onslaught. Peak reporting season hits on April 27, when 72 S&P 500 companies report results. So I figured there’s no better…
Every trader has a method linked to a time frame. Our group has some new ideas, but the members are sticking to their guns on some positions. Long-term viewpoints emphasize an economic rebound, with materials and energy stocks leading. Short-term methods show opportunities in financial stocks and software. Review Our last Stock Exchange discussed contrarian trading –…
Brexit is taking its toll. The weak pound results in higher inflation and Brits are buying less. Retail sales drop by no less than 1.8%, much worse than 0.2% expected. A small upwards revision for February is worth only 0.3%. Year over year, sales are up 1.7% half the 3.4% rise expected. Excluding fuel, sales are…
The financial sector, which accounts for around one-fifth of the S&P 500 index, is now busy with Q1 earnings releases. The going is good so far, with four big banks crushing estimates on both lines, one reporting mixed results and Goldman falling shy of both counts. The Zacks Sector Rank for banks is in the…
It’s such an obvious thing, so maybe that is why no one mentions it. I doubt that is the reason, however, because doing so isn’t a mystery so much as narrowing down suspects. That is why when talking about the so-called natural rate of interest, or R* (r-star), the issue is (intentionally) cloaked in the…
The first bubble I ever saw was the dot-com bubble of 1999. I was born in the early seventies, and I made it to my mid-twenties before ever hearing about an asset price bubble. Commercial real estate went nuts in the eighties, but nobody ever called it a bubble. They didn’t even call it a…
After opening the day on a positive note, share markets in India witnessed volatile trading activity and are currently trading below the dotted line. Sectoral indices are trading on a mixed note with stocks in the realty sector and stocks in the capital goods sector trading in green, while stocks in the pharma sector are leading the losses. The BSE Sensex is trading up by…
