How ‘patient’ is Yellen?
When Federal Reserve chairwoman Janet Yellen gives evidence to the Senate Banking Committee on Tuesday, she has an opportunity to speak above the heads of the financial markets to Congress…
AAPL Propels NASDAQ to 9th Straight Positive Close
For the ninth straight session the NASDAQ closed with gains. Crude oil slipped below $50, but the market is focused on Janet Yellen’s testimony tomorrow morning on Capital Hill. The…
Health Care/Biotech Names Still Dominating
The average stock in the Russell 3,000 (which makes up roughly 98{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} of US-listed stocks) is now up 1.68{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} in 2015. Below we have calculated the average year-to-date performance of…
Apple (AAPL) Now Twice as Big as the 2nd Largest Company in the World!
Apple (AAPL) has been straight up since the start of the year, gaining $22 (or 19{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}) to push it above the $130 level. Below is Apple's trading range chart, with…
Bullish Sentiment Declines; Still Above 60{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}
After hitting the top end of its historical range a week ago, bullish sentiment in our weekly Bespoke Market Poll declined to 61{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} this week. This marks three consecutive weeks…
Singapore raises taxes on rich to fund rising social spending
Singapore on Monday announced income tax rises for the top five percent of the population to fund rising social spending targeted at the poor and elderly in the rapidly ageing…
Bespoke’s Paul Hickey Squawk Box Appearance
This morning Bespoke's Paul Hickey appeared on CNBC's Squawk Box, discussing market trends and volatility in US equities alongside Charles Kantor of Neuberger Berman.
Oversupply Concerns Hurt Crude Oil
Futures for crude oil dropped today amid concerns about oversupply. While the number of oil rigs was falling in the United States, the pace of closure is …
What Is Estate Planning, and Do I Need to Worry About It?
When I recently asked for suggestions of specific estate-planning-related topics to write about, one thing that immediately became clear is that many people aren’t entirely sure what estate planning is —…
Monday Market Miracle – Everything is Awesome Again
You can't argue with a good chart. All of our indices are ripping up to new highs and don't let the lack of volume bother you – as it doesn't…
The Mistakes That Individual Investors Make
Individual investors get lower returns than they should. According to a recent study by Jason Hsu of Research Affiliates and coauthors, even though the compound return on the S&P 500…
John Prestbo’s Indexed Investor: ETFs are your best way to own Internet stocks
The Internet sector continues to be worthy of investors’ attention, and an index-based ETF remains the best way to gain diversified exposure, writes John Prestbo.
Precious Metals Remain in Decline
Gold remained in decline during the early Monday’s trading session following the Greek debt extension. Other precious metals were also down. …
UITs Continue To Surge Ahead As Assets Surpass $100 Billion
Total net assets invested in UITs have grown by more than 254{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}.
AssetBuilder 2015 Annual Letter: Currency Effects and Interactive Returns Tool
I enjoy reading articles by Scott Burns (also here) because he sometimes offers a unique perspective on things. He recently released the 2015 Annual Letter for his asset management company…
The Fed’s global responsibilities
When the Federal Reserve starts to raise US interest rates later this year, there will be a major shift in the global monetary regime. Although San Francisco Fed President John…
Big Wave Trading Update And Top Current Holdings
The Big Wave Trading portfolio is currently under an across the board operational BUY mode with no pressures weighing against this signal. Major market averages are hitting new highs with…
Kerry warns on viability of Palestinian Authority if Israel blocks funds
U.S. Secretary of State John Kerry on Saturday expressed concern about the viability of the Palestinian Authority if it does not soon receive tax revenue which has been withheld by…
Pinpoint Signs Of A Correction
In the last trading lesson, Tell Tale Signs of a Correction, I explained how combining the analysis of the weekly and daily A/D lines can warn you in advance of…
How to look at the Greece bailout deal
Yesterday, Greece received an agreement in principal to extend its existing bailout program for another four months from the institutions administering that program. I believe this deal is a good…