From the Desk of Kimmy Sokoloff
We’ve got big economic data coming out at 8:30 a.m. ET, the December nonfarm payrolls report.
So, whatever I write, it might be a moot point very soon.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
We’ve got big economic data coming out at 8:30 a.m. ET, the December nonfarm payrolls report.
So, whatever I write, it might be a moot point very soon.
by David
Where have all the insiders gone?
It’s been a slow start to the year for insider filings. However, we do have a few good ones on our list today.
by JC
It’s a new year with new leaders emerging in the market. So what better time to drop in and chat with our friends over on Fox Business about what’s going on.
Charles likes my Ratio charts so we took a look at some of those.
But I think the bigger point here is that Gold doesn’t have to be this ‘End of the world’ trade that some make it out to be.
History has proven time and time again that Gold prices can rise, even during bull markets for stocks. And to be clear, Gold prices can also fall along with stocks.
They are not mutually exclusive.
Check out the full clip and let me know what you think!
by Ian Culley
From the desk of Steve Strazza @Sstrazza
We held our January Monthly Strategy Session Tuesday night. Premium Members can access and rewatch it here.
Non-members can get a quick recap of the call simply by reading this post each month.
By focusing on long-term, monthly charts, the idea is to take a step back and put things into the context of their structural trends. This is easily one of our most valuable exercises as it forces us to put aside the day-to-day noise and simply examine markets from a “big-picture” point of view.
With that as our backdrop, let’s dive right in and discuss three of the most important charts and/or themes from this month’s call.
by David
From the Desk of Kimmy Sokoloff
This market can’t seem to get out of its own way.
Just when you think it can head uphill, we have a rug-pull.
Today it was data out in the morning that pushed the indices lower.
by JC
Another Santa Claus Rally is officially in the books.
This year the S&P500 rallied 0.80% during the period, which is more than 3 times the historical returns for all the other 7 day periods throughout the year.
You can learn more about the SCR in this note from last month.
OK so great, Santa showed up. So what? [Read more…]
by David
From the Desk of Kimmy Sokoloff
Futures are up a tad this morning.
What I’m looking for is $SPY to push past 386 and head to 387.80.
Support is at 382.70.
by David
Today’s Hot List is a short one.
The only 13D on our list was filed by Impactive Capital LP, which revealed an increase in ownership from 7.20% to 7.50% in Envestnet $ENV.