Market News & Insights

U.S. Economy, Equity Markets Turn To Consumer For Clues

by Greg Naylor     November was somewhat uneventful for the U.S. economy, as the S&P 500 continued to drift higher and investors turned their attention toward consumer spending over the holidays. As well, the Affordable Care Act, or Obamacare, dominated the news with its unspectacular beginning. Here is what happened in…

Why Mortgage Regulations Will Slow Housing Recovery And Hinder Stocks

Mortgage Regulations now being implemented as part of Dodd Frank legislation signed three years ago continue to cripple the mortgage banking industry and have caused many large banks to cut or eliminate their mortgage centers. I believe this evident stress in the mortgage industry, coupled with current mortgage regulations, will…

Financial Accounting Standards: IAS and IFRS Changes in 2013 and 2014

I recently attended a PwC conference where they provided some commentary on changes to the International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS). IAS and IFRS changes are listed below and may be of use to those of you who take a fundamental approach to investing. This may…

Bitcoin: 12 Hours of Pillage, Murder and Exhilaration

Bitcoin’s last 12 hours have been a psych ward of paranoid price schizophrenia. For anyone who walked away after yesterday’s Senate Department of Homeland Security Committee hearing on virtual currencies (read: Bitcoin) adjourned with BTCUSD just above $700, this morning’s print around $570 is shocking enough. But that would be…

The Second Bitcoin Blow Off

Yesterday, we commemorated (if it can be called that) Bitcoin’s first break above $450 with a post over on Tumblr drawing comparison between its catapulting value and (what else?) the Dot-Com Bubble.  Yes, things are really headed completely off the rails heating up over at Mt.Gox.  Again. The question we…

Gold Asset Allocation Slips As Diminishing Fear Boosts Equities

Earlier tonight, we posted a quick read on Gold asset allocation on our Tumblr stream (follow us). In short, we looked at Gold’s performance since the last Sovereign Debt Crisis flare-up during the Fall of 2011. From that point going forward, Equities have been getting all the love, with money flowing…

S&P 500 Breadth: New Highs, Falling Participation

Are constructive market internals still affirming the S&P 500’s continual push above it’s secular 2000 and 2007 highs? Is S&P 500 Breadth beginning to cast legitimate doubts on a further rally without a meaningful pullback? There are many ways to measure the question of participation and breadth: traditional indicators such…

Tesla Earnings Ahead: A Technically Balanced Machine

Tesla Motors (TSLA) reports Q3 2013 earnings just following the bell today. Estimize consensus pegs the release of Tesla Earnings at $0.22 EPS with revenues of $564.95 million, figures representing a sound beat of the Wall Street consensus of $0.12 EPS and 553.46 million (read See It Market’s interview with…