Weekly Investment Outlook: March 27, 2017

weekly update   Instead of the ‘Freedom caucus’ it was the speaker Paul Ryan took it on the chin when it came to the healthcare bill votes in the house. The bill was essentially the same which was written by Tom Price when he was in the congress and Mark Meadows (Chairman, Freedom Caucus) was once a co-sponsor of Price’s bill in Congress. The healthcare debacle was described pretty neatly in Politico las…
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Weekly Investment Outlook: March 20, 2017

weekly update   Where is the correction that everyone has been looking for? The Sentiment Survey of Futures Traders showed a 92% Bulls reading recently. In the three times the reading has been that high since 2011 it has led to declines of 7% (2/11), 8% (5/13), and 3% (11/13). Actually, the silent correction has been taking place in the equity markets. The S&P 500 may be down less than 1% from its recent…
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Weekly Investment Outlook: March 13, 2017

weekly update   The technical condition of the equity market deteriorate further last week so as to bring the overbought conditions in the S&P 500 and the Dow Jones Industrials in the neutral territory. According to the Market edge,  the breadth was negative last week as the NYSE advance/decline lost 3891 units while the number of 52-week low out-number the new-highs on four of the five sessions. The Rus…
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Weekly Investment Outlook: March 6, 2017

weekly update   For the most of the 2017, the Chicago Board Options Exchange (CBOE) volatility Index has traded in the lowest tenth percentile (since 2003). Such times when the valuation seem out of whack and change in the asset prices would be dominated more by the technical analysis (various trading strategies) and algo-based trading strategies, the market information would undermine the real ‘value’ o…
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Weekly Investment Outlook: February 27, 2017

weekly update     The market breadth expanded further as the NYSE A/D line gained 1272 units while the percentage of the stocks above their 50-day moving average reduced to 67.2% compared th 68.2% in the week before. Also according to S&P research, the sector strength shifted towards defensive sectors, as utlities, telecom services, consumer staples and healthcare gained momentum. The Dow Jones Indust…
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Weekly Investment Outlook: February 20, 2017

weekly update   The equity markets continued their bullish march last week as the breadth on NYSE expanded further, as the advance/decline gained 605 units. Janet Yellen made a trip to capitol hill last week to provide her biannual report to Congress and this week we had FOMC minutes come out from their January meeting. The FOMC minutes did point to the reduced volatility in the equity markets -  

“A…
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Weekly Investment Outlook: February 13, 2017

weekly update   The equity markets continue to exhibit bullish sentiments on the heels of the recent announcement by the President’s about the tax overhaul in the coming weeks. The technical improved further as the NYSE advance-decline line, a leading indicator of market direction, recorded a new high on Thursday and Friday. 1 The Federal reserve bank of NY issued the survey of consumer expectation …
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Weekly Investment Outlook: February 6, 2017

Goldfarb Financial: Weekly Investment Outlook   We all witnessed one of the greatest comebacks ever in the ages to see Patriots win their fifth Vince Lombardi Trophy in Houston. The spread between the Patriots and Falcons before the Super Bowl was about 3 point. According to the Forbes “Roughly 70% of the early wagers are coming in on the Patriots -3.  Sportsbooks may eventually adjust and make New England 3.5 point favorites if money …
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