Selling Hits the Russell but Where is the Intensity?
The Russell was down more than 1% for the first time since the Presidential election rally. However, where is the intensity to the selling and are there any sectors raising red flags? Let's find out in tonight's video report...
The Rally, the Insanity, and the Risks that Prevail
This upcoming week might be the most active trading week for the rest of the year. We have a Fed announcement where a 25 basis point increase is at 98% chance of happening. Also, this expiration week for monthly and quarterly options. In preparation for the upcoming week let's look at exactly how much out…
Skepticism About The Rally
The market is in the irrational exuberance stage at the moment as even the Italian bank stocks have been rallying this week. As I mentioned in my last post, the indicators in the economy have improved. However, the market was already priced as if they were improving, so it shouldn’t be rallying as much as…
Up, Up & Away
The optimism is quite high in the market and in business as the anticipation of Trump bringing changes in government which are pro-business is causing a ‘risk on’ trade to be put in place. I heard Trump say in an interview on NBC that he would cut 80% to 90% of regulations. This would be…
Fake News Shouldn’t Worry Facebook
Businesses have a life cycle. They have their inventive period, their growth period, their maturity period and their decline period. When a business is in the growth and mature period, investors believe the company can keep going forever, but that usually doesn’t happen. Sometimes businesses get a second life like Apple got with the iPhone,…
Animal Spirits and Expected Moves
The melt up continues, but it won't go up forever. Here's what to expect in the next 6 days as you look to initiate new positions... Butterfly's Guide to Weekly Returns Class https://archive.theotrade.com/fly/
Draghi Continues Bond Buying
The current European Central Bank’s asset purchasing program had it buying $80 billion in bonds per month until April 2017. No one expected this to be the end of the program, but the specifics of the new program would determine how markets would react. The media likes to put every central bank movement into a…
The Bubble Gets Bigger
Today the market extended its gains to extraordinary levels. Goldman Sachs has been behind much of the latest Dow gains as its stock is 6% off its all-time high it set in October of 2007. The Dow is price weighted so each move in Goldman Sachs matters a great deal since the stock is in…
Are We There Yet?
Markets continue to get squeezed to the upside. Traders continue to ask are we there yet? Here are the signs to look for... Butterfly's Guide to Weekly Returns Class https://archive.theotrade.com/fly/
Snapchat Taking On Facebook
According an article on CNBC, ad experts do not think Snapchat poses a threat to Facebook anytime soon. Facebook must disagree with these experts because it tried to copy Snapchat’s stories feature with Instagram and Messenger adopting it. I think Snapchat’s growth is sustainable over the long term because it is centered upon creating content…