KOL (the coal stock ETF) Has Gotten Hammered on Peripheral China Concerns
/in Investing/by Tom 2KOL (the coal stock ETF) has gotten hammered on peripheral China concerns. But with natural gas prices so high, coal fundamentals are improving.
The Economy: A Look Back and What’s Ahead (3.10.14)
/in Investing/by Tom 2Economic data last week broadly met or exceeded expectations, and 1) Solidified that the global economic recovery is ongoing, 2)Strongly implied the economic weakness in the U.S. in Dec/Jan is temporary, and 3)Ensured the Fed will continue to taper the QE program by another $10 billion at the March meeting a week from Wednesday.
Sevens Report Analyst Tyler Richey Featured on WSJ Market Watch Discussing Crude Oil and Gold Prices
/in Investing/by Tom 2Gold futures lose 1% but gain for the week Oil reclaims $102 as payrolls rise more than expected
Short Opportunity in the Aussie Dollar
/in Investing/by Tom 2The Aussie rallied as a result of the GDP report printing a touch better than expected at 0.8% vs. (E) 0.6% m/m and 2.8% vs. (E) 2.3% y/y. And, that rally is continuing this morning thanks to strong Australian export and retail sales data. Aussie has now traded through the .90 level versus the dollar, […]
Bank Stocks Remain a Great Value at Current Levels
/in Investing/by Tom 2I would continue to look to under-performers that have bottomed out and can play catch-up if the U.S. and global economy continues to gradually grow: banks via KBE, retailers via RTH, industrials (the Dow remains well off the highs) via DIA, and global miners via PICK.
Sentiment Update: Bullish Enthusiasm Reduced, But Not Eliminated
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Sentiment Update: Bullish Enthusiasm Reduced, But Not Eliminated