Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

The Channel

  1. Trump Explains Why He Bluffed On...

    10 minutes ago
    Zero Hedge
  2. Some US Airlines Are Testing Mandatory...

    29 minutes ago
    Zero Hedge
  3. BofA: "Central Banks Are Now In A...

    about 1 hour ago
    Zero Hedge
  4. One "Data-Dependent" Trader Is...

    about 1 hour ago
    Zero Hedge
  5. North Korea Blames Obama...

    about 1 hour ago
    Zero Hedge
  6. Frontrunning: June 23

    about 2 hours ago
    Zero Hedge
  7. Certain U.S. Airlines Are Testing...

    about 2 hours ago
    Silver Doctors
  8. Tesla Smashes Distance Record (TSLA)

    about 2 hours ago
    Wall Street Pit

Trade Idea of the Day Presented by: Barchart's Chart of the Day - Data I/O

The Chart of the Day belongs to Data I/O (DAIO). I found the electronic instruments stock by using Barchart to sort today's Top Stock to Own list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 5/8 the stock... Read More

Bitcoin In Perspective: Bill Gates Worth More, Gold 200 Times More

An interesting article on HowMuch puts the Bitcoin phenomenon into proper perspective. Google founder Larry Page’s net worth beats bitcoin’s entire market cap. Microsoft founder Bill Gates’s net worth is double Bitcoin. Last year, Bitcoin became more stable than gold, and earlier this year, the price of a Bitcoin surpassed that of an ounce of gold for the first time. Currently, all the bitcoin in the world is worth $41 billion. If that amount is hard to grasp, just think of it as one Larry Page – because $41 billion also happens to be the net worth of the guy who co-founded Google with Sergey Brin...

China Bad Debt Prices Up 30% as New Gold Rush Gets Under Way

Bad loans are rapidly becoming the latest hot commodity in China as more domestic and foreign investors rush into the market and bid up prices. Non-performing loan prices have risen more than 30 percent this year, according to distressed investor Belos Capital Asia Ltd. The average selling price of NPLs has climbed to around 50 cents on the dollar in the past two years, from 30 cents, said Victor Jong, a partner in the deals and business recovery services unit of PricewaterhouseCoopers LLP in Shanghai. Such a high level is "very rare" ...

Bonds Bid, Banks Skid But Healthcare Hope Saves Stocks

Oil bounced a bit (on Saudi noise)... banks dropped (ahead of CCAR)... Healthcare ripped again (on a bill that appears to be DOA)... and stocks gave up hope in the last few minutes... Everything was awesome briefly - an opening ramp on crude and some healthcare hope steadied stocks early but that was it. After Europe closed, stocks went nowhere until slumping into the close... FANG Stocks ended marginally lower, stuck in a very tight range fo rthe last 4 days... Equities advanced after two days of losses as crude broke a three-day downturn...

Black Knight: Mortgage Delinquencies Decreased in May, Foreclosures at 10-Year Lows

From Black Knight: Prepayments (historically a good indicator of refinance activity) jumped 23 percent month-over-month, reaching their highest point so far in 2017 • Prepayments (historically a good indicator of refinance activity) jumped 23 percent month-over-month, reaching their highest point so far in 2017 • Delinquencies reversed course after calendar driven increase in April, falling 7.13 percent month-over-month • April’s delinquency rate increase was primarily calendar-driven (due to both the month ending on a Sunday and March being the typical calendar-year low) and largely...

Junk Bonds Signal the Great Global Debt Binge Is Coming to an End

The market has gone absolutely nowhere for 15 weeks now. That is not a typo, nor am I bearing overly negative. Since the end of February, when President Trump last tweeted that he had big plans for the economy, the S&P 500 is up a total of just 1.6% or roughly 39 points.And THIS is the raging bull market that everyone is so crazy about? A market in which it took almost FOUR months for stocks to eek out a 1.6% gain? Meanwhile against this backdrop of unhinged bullishness, the credit markets are flashing MAJOR warning signals. Junk Bonds have broken their bull market trendline from the 2016...

Weekly Initial Unemployment Claims increase to 241,000

The DOL reported: In the week ending June 17, the advance figure for seasonally adjusted initial claims was 241,000, an increase of 3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 237,000 to 238,000. The 4-week moving average was 244,750, an increase of 1,500 from the previous week's revised average. The previous week's average was revised up by 250 from 243,000 to 243,250. emphasis added The previous week was revised up. The following graph shows the 4-week moving average of weekly claims since...

Philly Fed: State Coincident Indexes increased in 36 states in May

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for May 2017. Over the past three months, the indexes increased in 44 states, decreased in five, and remained stable in one, for a three-month diffusion index of 78. In the past month, the indexes increased in 36 states, decreased in seven, and remained stable in seven, for a one-month diffusion index of 58. Note: These are coincident indexes constructed from state employment data. An explanation from the Philly Fed: The coincident indexes combine four state-level indicators to summarize current economic conditions in a single statistic. The four state-level variables...

"In The Past 12 Years, Only Four Assets Have Underperformed Oil": Deutsche

In his morning note, Deutsche Bank's Jim Reid discusses the latest bear market in oil, and highlights some interesting details for oil price fans: oil is now back to levels last seen on September 16th last year and even though we’ve rallied hard since February 2016, Oil has only been lower than this for 6% (188 days) of the time since the start of 2005. That is mostly made up of 44 days in 2008/09 and 112 days in late 2015/ early 2016. So these are pretty stressed levels relative to the past decade or so. Just as notably, Reid notes that oil has returned to levels last seen in the start of 2005 which prompted the Deutsche analyst to publish his usual monthly asset performance chart from this date to put the lethargic...

Recent Tweets @InvestChannel

Follow Us on Twitter