Video Length – 00:02:43 Technology is having a massive disinflationary impact on the global economy and, when it comes to interest rates and monetary policy, we need to rewrite the playbook to a certain degree, noted a strategist from BlackRock in a recent interview with FS Insider. “We are literally at the precipice of this dramatic hockey stick effect in terms of the scale at which you have technological evolution and its disinflationary impact,” said Shayan Hussain. Tech stands to completely change the fabric of the global economy. Many goods have actually already entered into disinflation or deflation in the last 20 years, he no...
Gold in particular is coiling, tighter and tighter. It was hard to tell if the bounce in stocks today was something meaningful, a last ditch attempt to stave off a selling wave, or something else. Have a pleasant evening....
The Trump news de jour was the likelihood of a debt ceiling vote NOT happening before the deadline, and the media loves to portray this as a time bomb for the markets. I don’t believe it, and neither did the market today. The QQQ had a rough morning sliding below Tuesday’s low and filling the gap from Tuesday morning which is where it abruptly turned around. This is why so many traders focus on ‘unfilled gaps’. It was hard to get too concerned about the weakness in the QQQ when the IWM was trading up on the day and over the highs of the last two days. As I’ve been saying, don’t get too concerned about or trust the moves in any one...
The Chart of the Day belongs to Ameren (AEE). I found the energy services stock by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 7/21 the stock gained 6.60%. Ameren Corporation companies provide energy services customers in Missouri and Illinois. Ameren UE, one of its subsidiaries, is the one of the largest electric utilities in Missouri and distributors of natural gas. Ameren CIPS, another subsidiary, is both an electric and natural gas utility and serves one of th...
Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB) DOW – 28 = 21,783 SPX – 5 = 2438 NAS – 7 = 6271 RUT + 4 = 1373 10 Y + .02 = 2.19% OIL + .24 = 47.64 GOLD – 4.50 = 1286.80 BITCOIN + 0.99% = 4405.76 USD ETHEREUM + 0.10% = 326.24 Stocks drifted in an aimless manner today, meandering from positive to negative and back and forth again. The good news is that the market has made it through most of August without freaking out – and there have been a few opportunities for a freak. But the markets have been well behaved and orderly, with a slight downward bias. Soon, August will end and Congress will return and they will...
Written by Lorimer Wilson Splunk Inc. (NASDAQ:SPLK), provider of the leading software platform for real-time Operational Intelligence, today announced results for its fiscal second quarter ended July 31, 2017. About Splunk Inc. Splunk is the market leader in analyzing machine data to deliver Operational Intelligence for security, IT and the business providing the enterprise machine data fabric that drives digital transformation to more than 14,000 customers in over 110 countries. Second Quarter 2018 Financial Highlights Total revenues: UP 32% year-over-year to $280.0 million. Total billings: UP 32% to $303.4 million. GAAP operating...
The three biggest deterrents to investment success for most individuals over time are fees, lack of capital to invest and human psychology. In this video we cover the 9-common psychological pitfalls that lead investors to poor performance over the long-term. (Video length 00:06:42)...
Stocks in the railroad space have performed impressively so far this year buoyed by the improvement in the coal-related scenario. Since coal is a key revenue generating commodity for stocks in this space, any positive coal-related update is bound to lift their spirits. In fact, improvement on the coal front is highly significant for railroads as stocks in the space had struggled over the last few years due to dwindling coal shipments. The bullishness surrounding the railroad operators is evident from a 11.3% increase witnessed in the Dow Jones U.S. Railroads Index, year to date. Coal Revival – The Primary Catalyst Behind the Surge The r...