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About a year ago oil, value and small cap stocks were plunging.  The prevailing narrative was that these issues had absolutely no upside, no access to capital and will be forever forgotten because of HFTs and ETFs....

Treasury yields fell to a five week low yesterday.  Two weeks ago the street was “puking bonds,” reasonable bids virtually impossible to find and spreads between the bid and ask were gapping higher. In my view the economic environment is continuing to improve thus casting...

What gives?  It was almost universally believed Brexit would usher in something worse than September 2008.  While I must write no one knows the ultimate outcome and bad stuff may still happen, that is point that no one knows the outcome of Brexit....

A Fed official stated yesterday an interest rate hike in June is indeed plausible.  The markets are suggesting the odds of such are about the same as that proverbial snowball down under. ...

Last week the S & P dropped by the greatest amount since February amid lackluster earnings for several large cap momentum issues and disappointing economic data.  This week can again be of significance given many of the second tier companies post results, results that can...

Earlier in the week I referenced Goldman Sach’s report stating how the unloved stocks are out performing the most owned [and loved] stocks.   Today I will reference a short interest article that has validated some of my arguments as to why the typical stock had...

In my view, I think today it is paramount to have a macroeconomic/geopolitical thesis to make investment decisions as I believe the markets/economy are at a major crossroads. Either the market has it correct and the environment is miserable or the Federal Reserve/PIMOC/Goldman has it...

Is the Federal Reserve becoming concerned about margin debt, especially relating to HFTs? Last week I referenced a report stating for the first time in December the Fed questioned its 21 primary dealers whether or not they extend credit to HFTs. Approximately two thirds answered...

As widely reported, at one time yesterday the market was experiencing its worst first day of trading since 1932. After a late afternoon partial recovery, markets had it worst first day of trading in 15 years, its sixth poorest start of new year trading since...