Opening Market Commentary For 04-02-2014 Premarkets remained around +0.05% until the opening where the SP500 edged up +0.07% marking a new historic high (1886.97) on volume that was so low …
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Here is a new update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly averages of …
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I was reading Dean Baker’s excellent post today on high speed trading. My initial reaction was that this was simply theft, high frequency traders supply absolutely no value to anyone but reduce …
Read More While everyone was gushing over the spectacle on TV of a pro-HFT guy and anti-HFT guy go at it, yesterday afternoon we reported what was by far the most important …
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US Census says manufacturing new orders improved in February. Our analysis disagrees showing deceleration of the rolling averages. The biggest tailwind this month in the seasonally adjusted data was the …
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“Why do we compete against the Dow Jones Conservative Index (P20GLB) and not the S&P 500 Index (SPY)?†That is a question I am often asked by my clients. The …
Read More “We’re seeing basic Econ 101 coming into play,” says one New York realtor, “when you have this much demand and so little inventory, prices will have to rise. And they …
Read More The high frequency topic is all the rage these days and with good reason. Free market capitalism is dependent on free and fair markets. Are our equity markets free and …
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Quick take: At the end of March the inflation-adjusted S&P 500 index price was 80% above its long-term trend, up from 76% above trend the previous month. About the only …
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ADP reported March 2014 non-farm private jobs growth at 191,000 – stronger than the previous two months – with a significant increase in last months jobs gain. The market expected …
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