The Calendar Presents a Market Conundrum With June winding down — and ending another quarter as well as a half-year with it — the market has the benefit of at least a partially cleaner slate. Clouding the outlook this time around is the fallout from Brexit, which was initially treated as a problem, but in the meantime the market has...
The Dollar & The Presidential Cycle On Friday of last week, we looked at how the stock market and U.S. Presidential terms were linked. While the connection was loose, there was a basic, cyclical correlation between the two… even if mostly a psychologically-driven one. That is, the first couple of years of a Presidential were usually lackluster, while the last...
The U.S. Dollar vs. U.S. Presidential Terms (Obama's 2nd Term is an Outlier) On Friday of last week, we looked at how the stock market and U.S. Presidential terms were linked. While the connection was loose, there was a basic, cyclical correlation between the two… even if mostly a psychologically-driven one. That is, the first couple of years of a...
Presidential Election Cycles & The Market Does the Presidential election cycle really have anything to do with the economic cycle? It seems difficult to believe the two can be even modestly linked, particularly of late when policy changes seem to have little to no bearing on consumer/corporate consumption behavior. Yet, the facts are the facts. And the facts are, there...
The Presidential Election Cycle and Market Are More Linked Than You Might Think Does the Presidential election cycle really have anything to do with the economic cycle? It seems difficult to believe the two can be even modestly linked, particularly of late when policy changes seem to have little to no bearing on consumer/corporate consumption behavior. Yet, the facts are...
Time to Gamble on Casinos… Again Two months ago, we pointed out how the Dow Jones Casino Index (BJK) – which consists of names like Wynn Resorts (WYNN), Las Vegas Sands (LVS) and MGM Resorts (MGM) – had broken out of a long-term downtrend and represented a compelling entry opportunity. They got off to a strong start too. The market threw...
Time to Gamble on Casinos… Again Two months ago, we pointed out how the Dow Jones Casino Index (BJK) – which consists of names like Wynn Resorts (WYNN), Las Vegas Sands (LVS) and MGM Resorts (MGM) – had broken out of a long-term downtrend and represented a compelling entry opportunity. They got off to a strong start too. The market threw...
Crude Oil Could Soon Find Yet Another Tailwind…a Falling U.S. Dollar Crude oil (USO) hit new multi-week highs on Wednesday, extending what's not become a three-month winning streak. All told, crude prices are up 78% since January's lows, and still going strong. Wednesday's leg of the rally was founded on reports that the nation's crude stockpile was slimmed down by an...
Crude Oil Could Soon Find Yet Another Tailwind…a Falling U.S. Dollar Crude oil (USO) hit new multi-week highs on Wednesday, extending what's not become a three-month winning streak. All told, crude prices are up 78% since January's lows, and still going strong. Wednesday's leg of the rally was founded on reports that the nation's crude stockpile was slimmed down by...
3 Sectors To Watch For Summer Assuming the summer of 2016 is like most, the next few months are likely to be fairly quiet for stocks. There's simply not a lot going on economically to stir the earnings spot, so to speak (good or bad), an even if there was, many traders are focused on matters other than the market during...
