Category Markets

The Governator for President

Only a Constitutional Amendment Away Investors have another earnings heavy week with continued monitoring of President Trump’s Executive orders. On the economic front, we have University of Michigan Consumer Sentiment. Earnings: Earnings have now seen over 270 companies of the S&P 500 companies report 4th quarter earnings. 67% have beaten earnings expectations with 48% beating […]

Big Surprise – FOMC Doves Coo

The latest in macro news, economic data and the latest Fed meeting.

Time for a #NYexit

Time for a #NYexit Investors have a busy week ahead with the Fed statement, a ton of earnings and continued monitoring of President Trump’s Executive orders. On the economic front, we have Manufacturing PMI, the Unemployment Rate, Non-Farm Payrolls and Average Hourly Earnings. Fed Meeting: On Wednesday (2/1), the Fed will release their first statement […]

Biotech *Trade of the Day: ZYNE

Mixing Colorado, the growing Pot trade, the booming biotech sector, a healthy degree of speculation, and technical analysis, we have the *trade of the day for near, medium, and long-term traders/investors. The company is Zynerba Pharmaceuticals, Inc., with ticker symbol:  ZYNE. Founded in 2007 and headquartered in Devon, Pennsylvania, ZYNE is a specialty pharmaceutical company focusing on […]

Weekly Markets Update 5.06.16

Best/Worst Performers: Week’s Best Performer: 10 Year Treasury Bond (Yield falling -3.8%) Week’s Worst Performer: Nikkei 225 Index (3.4%) Broader Market Commentary: Since Q4 of 2014, the S&P 500 has been trading in a clearly defined sideways channel with two tiers (an upper record-territory tier, and a lower consolidation/risk-off tier). The higher tier is a […]

The Coming Global Monetary Crisis (Peter Tran)

The Coming Global Monetary Crisis by:  Peter Tran (3/29/2015) Introduction  In order to predict any coming financial crisis with accuracy, one must first correctly identify what type of crisis is lurking on the horizon. I am going to make a final attempt to explain why the coming Global Monetary Crisis (current Dollar Standard Monetary System) […]

Gold Markets Trojan Horse – Physical Delivery Trigger?

Reports came out earlier this month about a destructive “Trojan Horse” malware program that has infected critical U.S. software infrastructure capable of penetrating power plants, electrical grids, water treatment plants, natural gas pipelines, etc. Although there has been no attempt yet to “activate” the trojan horse since 2011, this malware sits ready to wreak havoc […]

Next Steps for PayPal/Braintree – Mobile Wallets/NFC & Blockchain Protocol

Risk to Avoid: Mobile Wallets While the mobile wallets and Near Field Communication (NFC) businesses are currently the primary growth drivers of the $90 billion mobile payments industry, it is best that PayPal let Google, Apple, Amazon, and roughly 170 other smaller companies battle it out in an overly competitive space where margin compression will […]

Turkey’s Business Prospects

Initially suspected, only to be later confirmed by analysts from the US consulate, the Turkish people (generally speaking) can be fairly polarizing in their own views of Turkey, rarely playing devil’s advocate to many of the underlying weaknesses that lurk underneath its growing economy. In the context of global business, my attempt below is to try […]

PBOC Says No Longer in China’s Interest to Increase Reserves

The People’s Bank of China said the country does not benefit any more from increases in its foreign-currency holdings, adding to signs policy makers will rein in dollar purchases that limit the yuan’s appreciation. According to Kenneth Leung, professor of economics at Daniels College of Business, “Part of that move could be related with a bigger geopolitical […]

Update: Stocks/Bonds Slides On Fed Angst

Both stocks and bonds are down sharply this morning amid choppy economic data and disappointing results from both Wal-Mart and Cisco, which showed that consumer spending remains weak. Judging by the reaction in bond yields, however, the overall reaction suggests improvement in economic conditions (continued reduction in the pace of firings to the slowest since […]

Update: S&P 500 Breaks Above 1,700 On Strong Economic Data

Global equity markets are incredibly strong this morning, as broader U.S. indices are breaking out of a three-week range with the S&P 500 crossing above 1,700 for the first time ever. We had some very encouraging economic data prints this morning, including a blowout ISM manufacturing number just moments ago. Yesterday’s FOMC statement did not […]

Update: Stocks Advance On GDP/ADP Report Before Fed Statement

Markets are making a push into record territory again this morning, after two better-than-expected economic prints came out ahead of the open. The market, however, remains largely range bound, as the S&P 500 has traded in record territory between 1,675 and 1,700 going on 14 days in a row now. As of 11:05AM, the S&P […]

Update: Markets Pause During Bernanke Q&A

The markets are pausing at the moment at all-time highs, as investors listen in to the Q&A portion of Bernanke’s testimony. Despite a slew of earnings reports out today, the main area of focus continues to be global central bank policy. Central Bank Actions Today: Fed –  Bernanke is currently testifying before the House Financial […]

Update: Global Rally On Bernanke Assurances

Bernanke’s “dovish” comments yesterday sparked a global market rally overnight/today, with Asian stocks ending strong (China – best day of the year, Korea – best day in 1.5 years) and European markets higher across the board (led by the DAX at +1.1%). Here in the U.S., both the DJIA and S&P 500 are flirting with […]

Fed Tapering: What Does It Mean?

Fed Tapering: What Does It Mean? (Peter Tran, 7/9/2013) What is Tapering? Does Tapering really mean monetary policy tightening? The central bank’s task is a juggling act to balance out different policy objectives. The main policy objectives are: (a) price stability [inflation], (b) stable currency, (c) controlling asset price inflation / deflation [a well functioning […]

Buybacks Threatened by Rising Interest Rates?

Something to listen in for this upcoming earnings season…

Update: Financials/Consumer Discretionary Leading Another Rally?

Today is the last trading day of the half-year, quarter, month, and the week – and what a week it’s been. Historically speaking, today is the busiest day of the year for floor traders, as we also have the Russell re-balances, which will result in increased volumes and volatility heading into the close. While the […]

Update: Stocks Extend Yesterday’s Gains

After a very shaky start to the week, markets are extending their gains for the second straight day, largely on alleviated concerns out of China. In addition to recent dovish comments from Fed officials here domestically, global markets have settled down considerably in part because of calming comments from the People’s Bank of China regarding […]

Volatile (Choppy) and Weak (Consolidation) Market for the Summer Months

Volatile (Choppy) and Weak (Consolidation) Market for the Summer Months (Peter Tran, 6/24/2013) In my previous article, I addressed my market views for two different time dimensions. The first one dealt with the strategic view (LT): where we currently are in the U.S. investment cycle. The second one had to do with the immediate tactical […]