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.
Sevens Report Analyst Tyler Richey Featured on Market Watch Discussing Crude Oil Prices
/in Investing/by Tom 2Oil Prices Retreat from 5 Month High
The Economy: A Look Back and What’s Ahead (3.3.14)
/in Investing/by Tom 2Economic data was better-than-expected last week and helped further break the previously relentless string of “misses” versus expectations. And, although economic data was somewhat overshadowed last week by events in the Ukraine and as investors looked ahead to the critical week of data looming, there were some important anecdotal releases that imply the drop-off in economic data we saw in December/January is leveling off. That helped stocks rally to new all-time highs.
Looking to Get Long Natural Gas? Now May Be Your Chance.
/in Investing/by Tom 2The froth seems to have come out of the natural gas market now that the futures have fallen over 30% since hitting new highs earlier this week. Yesterday, natural gas was down just 0.9% (compared to the multiple 10%+ moves the market has seen this month). Yesterday was inventory day, and the EIA reported that […]
Russian Market In Downtrend Long Before Debacle in Ukraine
/in Investing/by Tom 2Russian Market In Downtrend Long Before Debacle in Ukraine
Proof that Sentiment is Still a Tailwind for Stocks
/in Investing/by Tom 2This chart, courtesy of my anarchistic friends at ZeroHedge, shows that speculative net longs are negative in S&P 500 futures, proving just how skeptical investors are of this rally.
Trade War 2.0 Primer (Needed Context)
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: U.S. Trade Primer (Needed Context for Trade War 2.0)