Monsters of Tech on Deck for Rotation?
The Dow Jones Industrial Average hit 23,000 today for the first on the back of UNH and JNJ. In tonight's video we look at where the next rotation of capital might go. Watch this video update newsletter to find out where the opportunities are... Join Don Kaufman for a free online seminar on Tuesday, October…
ECB Considering 30 Billion Euros Of Tapering
After a few months of coming close, the yield curve has finally met the flattest point since before the last recession. The difference between the 10 year and the 2 year bond yield is 76 basis points which is tied with the summer of 2016 for the lowest difference this cycle. Meeting the low could…
Q3 Earnings Were Hurt By Hurricanes
Q3 Earnings Update This week is when earnings season starts to pick up as Netflix - NFLX headlines the reports. Up until this week, 28 companies in the S&P 500 have reported earnings. Considering the fact that earnings growth is only expected to be 2.1% according to FactSet’s numbers, looking at explanations for why the…
Old Traders Say to Watch This
Funds continued to shuffle capital around the market leaving the indices mostly unchanged. In tonight's video we look at the record low volatility and the bets traders are placing on it. Also, we look at one area of the market old school traders say to watch... Want to learn more about Active Trader in thinkorswim?…
Buyback Stats
Buybacks are surprisingly controversial. You wouldn’t think buybacks would be such a big deal because they are just an alternative way to give excess cash back to shareholders. However, they are blamed for the lack of productivity in the economy and juicing EPS numbers. If firms buyback stock instead of investing in capex, then it…
Funds Rotating Capital into These Stocks
As indices end the week mostly unchanged funds continue to rotate capital anywhere they can find returns. In this crucial weekend video update we look at the stocks that funds are rotating capital to. Plus find out which stocks to watch to know when the next sell off might occur. Understanding this gives you a…
Tech Stocks Are Dominating The S&P 500
Stats On The Tech Sector I think the technology sector is the most interesting sector because most of the top firms are in it and because it is driving earnings growth. We will look at some charts which show the direction of the sector. The chart below shows the secular upward trend in net margins.…
The 2nd Calmest Year Ever
Bullish Streaks The stock market was down slightly on Thursday, but the amazing year for stocks continues. The chart below shows the maximum drawdown for stocks in each year. This year, the biggest decline in the S&P 500 has been 2.8% which is the second lowest maximum drawdown ever. The Investors Intelligence sentiment is showing…
How to Win the Rotation Game
The rotation game is being playing below the surface of the market and the headline index numbers that are flashed on CNBC. Watch this video for an in depth discussion on the rotation game within the Dow 30 stocks. Which stocks make the best candidates to benefit from the next rotation? Watch this video find…
JOLTS Report Shows Modest Weakness
Fed Doubles Down On Heightened Inflation Expectations In Minutes The Fed’s Minutes were released on Wednesday. There wasn’t much new to digest. The Fed seems to be locked in with its decision to raise rates a quarter point in December. The market agrees with the Fed as there’s an 88% chance the Fed raises rates…