I’ve seen a lot of posts this week on stocktwits regarding CNBC and the fact its viewership has never really been worse……..
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Category: Articles
“Davidson” submits:
Equity prices have a long history of rising on positive surprises. Many believe markets to be an ‘efficient’ pricing mechanism of all that is known and unknown. If they believe this, then it is surprising that they are willing to pay more for unexpected positive news.
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Is Oil About To Spike Higher?
“Davidson” submits:
This chart looks interesting. Momentum investors look for levels at which price acceleration suddenly occurs and then try to trade it. The US$ could fall faster from this point if enough believe it will. Will it take $WTI higher?
How can we have a record number of $SPY companies beating sales estimates, record profits and other record economic indicators with an economy growing just over 2%?? Maybe, just maybe, it’s because things aren’t as mediocre as they seem?
“Davidson” submits:
How do we achieve record employment, record earnings, record Personal Income, record Retail Sales, near record Industrial Production and still think that our economy is weak? The economic data from the St. Louis Fed speaks volumes and underscores the strength of the current economic cycle. Then, why the continued gloom?
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USD vs WTI
“Davidson” submits:
Markets continue to reinforce that the long-held inverse relationship between the US$ and $WTI(as well as many other commodities) remains intact.
“Davidson” submits:
CAB hit new high this week, the earnings surge predicted by this index 14mos ago in US Industrial Sector is being reported today.
This is looks desperate…….
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Bove & Rosner on GSE’s
Bove and Rosner talk to CNBC about the GSE litigation
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T-Bills, Earnings and the US Dollar
“Davidson” submits:
T-Bill rates on a sharp rise as positive EPS surprise markets. T-Bill rates now at 1.17% and exceed Effective Fed Funds at 1.16%.
No matter what your take on the “legalities” of the government’s actions, these documents make it clear, beyond any doubt, that your government lied to you………..repeatedly. It’s no wonder Treasury /FHFA lawyers fought so hard to keep these docs from plaintiffs.
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Peak Rigs???
“Davidson” submits:
Several months ago I said we could see the BH Rig Count peak near 1,000.
“Davidson” submits:
US$ has continued its dive towards the long-term trend in the 65-70 range using this Trade Weighted Index.
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Finally A CEO Calls Out Washington
This was the best part of last week…….hopefully more major CEO’s follow suit
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Wages, Inflation & Retail Sales
“Davidson” submits:
For 8yrs part of the conversation has centered around a weak recovery and weak Hourly Wage Growth.
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Record US Household Employment
“Davidson” submits:
The US Employment Situation reported today indicated the economic expansion from 2009 continues. The Household Survey Employment level hit a record 153,168,000 individuals employed. The Jobs Openings data of last month forecasted we should have expected higher employment.