Silly Season

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Could it be a volatile week? With the FOMC meeting, first look at 2nd quarter GDP, and the monthly Labor Report we could be setting up for some volatility and also the beginning of the Silly Season of the mid-terms. On top of the three expected events, we still have a high level of geopolitical Read more…

Earnings: SBUX & V

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The Dow Jones seems to be stuck at 17,000. Perhaps it is waiting to get the blessing from the Fed? It seems that market has ignored Earnings (good and bad), ignored geopolitical instability (Israel and Ukraine), and even recent economic data. I was recently discussing this interesting phoneme with another fund manager, he conclusion was Read more…

Earnings: GM and Ford

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I believe, despite some big earnings names, the week will remain in a low volatile range, barring any geopolitical explosions. The market seems poised to go higher, but the confidence boost will not come from economic data, not even earnings. What the market wants to hear is the continuing accommodative blessing from Janet Yellen and Read more…

Earnings: AAPL MSFT

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The top-line CPI-U at 2.1% (“Core” at 1.9%) was for the most part ignored yesterday, as some big name earnings reflected some disappointment on top-line revenue/sales on the domestic front. Companies like Comcast and Verizon are in a game fighting over slices of the same pie as their market penetration is already hitting maximum potential. Read more…

Convolution of Complacency

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I am back after a much needed vacation with the family. While things have been relatively quiet on the economic front, the conflict has escalated in both the Ukraine and Israel, which has increased pressures on oil prices as well as European markets. However, the US seems to have ignored the geopolitical issues and continues Read more…

It’s all about Symmetry

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It looks for now that the short-term supports have held and while we could see some volatility in the weeks ahead, I believe that the Fed will come to the rescue. However, probably not until the September or perhaps in the 11th hour at their October FOMC meeting. I don’t see any major shifts of Read more…

Fall Equinox Outlook

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The market continues its fit and start jolting move higher. The main driver remains the zero interest rate environments, coupled with the enabling QE program. Searching for yield? Well the only liquid answer is equities. This week I reported that even central banks “sovereigns” are seeking better returns as their returns on interest continues to Read more…

-2.9% GDP

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-2.9% remember that number. The market sold off yesterday, but still remains above the upper-short-term support levels. The situation remains status quo as the West continues to stimulate the economies with their zero interest rates, money printing, and bond buying. Yesterday I mentioned the new murky waters of some central banks now buying equities and Read more…

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