Lower For Longer: Street Bets On Treasury Rally As Top Fed Official Warns On Policy

"I think markets may be extrapolating from our recent behavior and thinking all we do is delay.” That’s from Jeffrey Lacker and it’s entirely accurate. Lacker has been a vocal critic of the FOMC’s easy money policies for years and on Monday, The Washington Post published an exclusive interview with the Richmond Fed chief. Back…

Bulls Run As Goldman Oil Call Sparks Rally

If everyone is being honest, forecasting commodities prices further out than say six or so months is well nigh impossible. There are just too many inputs. That goes double for oil, the most financialized of all commodities. As I wrote last week, the market is now trading almost exclusively off crude. Sure, there are myriad…

Stock Sector Performance 2016

Stock Sector Performance 2016 For us to understand what is happening in the overall markets we need to look at stock sector performance in 2016. Let's take a look at what is underperforming and outperforming the major indexes. From there we can find opportunity in the week ahead.

Which Came First, The Fed, China, Or Oil?

Last September, Janet Yellen adopted the now famous “dovish relent.” A little over three weeks earlier, China “shocked” the market with a “surprise” devaluation of the yuan. To be sure, no one should have been taken off guard. China is an export driven economy with a currency tethered to the dollar. As the dollar moved…

More Downside For LendingClub And P2P? Signs Point To Yes

It was just three days ago when I asked the following question: “does the disaster at LendingClub foretell the demise of marketplace lending?” While it’s ultimately too early to know the answer, it’s worth noting what’s happened since then. If you read that post, came away bearish, and acted on your newfound pessimism, you’d have…

“Crude” Reality: This Market Is Driven By Oil

Don’t kid yourself. It doesn’t matter who you are or what you’re trading, it’s all about oil these days. If you don’t buy that, then have a look at the carnage that unfolded in January. Sure, some of it was attributable to the hangover from the first Fed hike in nearly a decade and the…

AAPL stock price today

AAPL stock price today cracks key level AAPL stock price today hit an important level. We have been watching the $92 mark for a while as it came down to $92 on August 24 2015. It tested $92 again earlier this year. Now AAPL stock price is below $92 for the first time since June…

Kyle Bass Sticks To Guns On China At SALT: “It Will Happen Sooner Rather Than Later”

“I suppose I need someone to define hard landing for me.” That’s from Kyle Bass who has taken it upon himself to go to war with China’s central bank. Back in January, Bass began to lay out his thesis in earnest. “China is going to have to dramatically devalue its currency,” he said. Of course…

Trading A Presidential Impeachment: Brazil Edition

Trading A Presidential Impeachment: Brazil Edition Well it finally happened. Brazil impeached President Dilma Rousseff. Sort of. Technically, the Senate voted to move forward with the impeachment process, which means Rousseff will stand trial on charges she conspired to cook the fiscal books in 2014. Meanwhile, VP Michel Temer will govern. He’s expected to announce…

TLT Stock

TLT Stock Is the Bond bubble ready to burst? Tonight I'm putting all TheoTrade subscribers I notice that I'm starting to set up a long term short position in TLT stock. TLT, is the ETF that tracks the long term bonds the best. Make sure you watch this video to learn how I plan to…