Maybe we've got this whole QE unwind thing backwards; Bill Gross is merely average; the sharing economy comes to sex dolls; and more.
Source: New York Times The post Cost of Hurricane Harvey: Only One Storm Comes Close appeared first on The Big Picture.
A subscriber, noting an article on slowing down intrinsic (absolute or time series) momentum for SPDR S&P 500 (SPY) when its return volatility is relatively high, suggested doing the same for the Simple Asset Class ETF Momentum Strategy (SACEMS). The hypothesis is that this dynamic lookback interval approach avoids undesirable whipsaws when asset returns are More
The post Bias in Cable News: Persuasion and Polarization appeared first on The Big Picture.
All is fair in love, war and markets. I own some Bitcoin and Jamie Dimon yelled fraud last week. In the course of a few days, Bitcoin fell 30 percent. Today Wall Street Journal is calling it a ZERO. Jesus H. Christ! I also owned some $UBNT and today Citron research called ‘fraud’ on them. Show More Summary
With a heavy hurricane season before us the maker of generators, GNRC, bolts higher. I guess that’s no shock to us concept traders. IndicatorsGMI: 6/6GMI-2: 7/8T2108: 62%
Actually, I don’t know if he is right but he may have a point. If you are unfamiliar with James he is an investor turned investment writer turned lifestyle guru turned social media star. James and I overlapped and if I am remembering right, had a little bit of interaction at The Street.com (both alumni […]
Evening Headlines Bloomberg: Weakest China Developers Threatened by $38 Billion in Bond Puts. Chinese property developers face a wall of local bonds that investors can force them to pay off next year ahead of schedule, just as rising interest rates raise the risk that more note holders may opt to do so. Show More Summary
The bull market has shrugged off political concerns, employment issues, and previous natural disasters. What could possibly go wrong? QQQ has made a lower high, lower low and the MA5 is turning over (top, right). Price is still above the YTD VWAP (bottom, middle). Show More Summary
Click to see all the pictures. Source: Bloomberg The post 11 Pictures of Saturn Will Stun You appeared first on The Big Picture.
MKM Partners networking analyst Michael Genovese this afternoon initiated coverage of fiber-optic component supplier Acacia Communications (ACIA) with a Buy rating, and a $64 price target, writing that it is the “only optical components...Show More Summary
Natural gas prices rose more than 4% on forecasts for a colder winter.
Promotions for Apple's iPhone by the U.S.'s big four wireless operators are less dramatic, less aggressive than in some past years, say Moffett Nathanson's Craig Moffett and BTIG Walter Piecyk.