Lots of interesting chart levels today: As you can see from our Big Chart, the damage has been done over the past week as the Russell has once again failed at the Must Hold line, as has the NYSE and now we’re watching 17,600 very closely on both the Dow and the Nikkei (which we’re shorting…
Private nonfarm payrolls in the US are projected to increase 227,000 (seasonally adjusted) in tomorrow’s November update of the ADP Employment Report, based on The Capital Spectator’s median point forecast for several econometric estimates. The median projection is marginally below October’s increase. Compared with a pair of consensus estimates based on recent surveys of economists,…
The difficulties faced by the Japanese government and the Bank of Japan in restoring the economy to full health have not gone unnoticed by the world’s major credit rating agencies with Moody’s recently downgrading the country’s sovereign debt rating from AA3 to A1 and assigning Japanese debt with a “stable” outlook. That led to the…
One of the nice things about ETFs is the broad diversity they offer in terms of exposure to a vast variety of stock sectors within the US — but they also have exposure to a growing number of international countries (and in some cases, multiple choices within a single country or region), commodities, currencies, volatility,…
“Stocks are not always worth what they sell for. Sometimes they are carried too high, sometimes too low, by mass excitement. Sooner or later, though, they move into line with value.” Arnold Bernhard I have met many financially secure families over the years. Most earned this financial security by working hard, while saving as much…
Forbes took a look at How Pension Funds Make Investing Too Complex. The issue was hedge funds and private equity funds that tend to be expensive, opaque or both. These types of direct investments also tend to be illiquid in terms of having long waiting periods before investors can get their money out. The Iowa Public…
Written by Gary Gary is off , and the market open comes from our syndication partner Investing.com. U.S. stocks inched up at the open on Tuesday as a pair of big M&A deals boosted market optimism a day after the S&P 500’s worst performance in a month. The Dow Jones industrial average (DJI) rose 24.71 points, or…
CLICK ON CHART TO ENLARGE When it comes to investors fearing the stock market, this year won’t set any records for “excess fear.” The above table highlights annual averages for the VIX (Fear Index) over the past 24 years. The VIX index has hovered (on average) at low levels this year, the lowest average since…
Note from dshort: Here is my monthly update with extrapolated data since the most recent Fed Z.1 report (through Q2). However, I’ll post a new update on December 11th, an hour or two after the Federal Reserve’s noon release of the Q3 Z.1 release. The Q Ratio is a popular method of estimating the fair value…
