Direxion Daily S&P500® Bull 3X ETF
Bill Gross Shuns the Taylor Rule and the Phillips Curve
The Taylor rule is a backward-looking model used to determine short-term interest rates in an economy. Bill Gross prefers a corollary to Gresham’s law.
Jeffrey Gundlach: The Fed Has Been Supporting the S&P 500
Gundlach also believes it’s interesting to look at the correlation between the size of the Fed’s balance sheet and the S&P 500 (SPY) (SPXS) (SPXL) level.
Stanley Druckenmiller: Why the Bull Market Is Exhausting Itself
Stanley Druckenmiller, chair and CEO of the Duquesne Family Office and billionaire investor, discussed his views about the current investment environment at the Sohn Investment Conference in New York.
Bill Gross Endorses a Corollary to Gresham’s Law
In his Investment Outlook for November, fund manager Bill Gross sees a corollary to Gesham’s law. Gross thinks that cheap money drives out good money.
US Trade Deficit Fell due to Surge in September Exports
According to the US Census Bureau, the goods and services deficit was $40.8 billion in September, down $7.2 billion from a revised $48.0 billion in August.
Bill Gross: Unfortunately, We Aren’t Playing Monopoly
In Monopoly, the $200 of credit creation never changes. In the real economy, credit creation isn’t guaranteed to occur at the same pace each year.
Do the Markets Support a Rate Hike?
Back in November 2015, Gundlach presented what he called “the most bearish chart of the US economy” during a webcast.
This Fall’s Opportune Sectors—besides Technology
As summer winds down, what sectors (other than technology) are interesting?
What Helped the Financial Sector in 2017?
Interestingly for all the talk about financials this year, the S&P 500 GICS Level 1 Financial Sector is only up 19% vs. 17%+ for the S&P500 as a whole.
Why the S&P 500 Index Is Considered a Leading Indicator
The S&P 500 Index has risen 2.2% in October and is en route to its eighth straight positive monthly close.
How the Financials Sector Could Perform This Fall
With sweater weather coming up and everyone back in school, it’s a great time to reexamine your investment strategy through the end of the year.
How Did Markets Fare in the Summer of 2017?
Summer months have a tendency to be unfavorable for the stock market. Empirical evidence has shown that average returns for the S&P 500 are negative during summer months.
Falling US Retail Sales Could Be a Major Headwind for 2Q17 GDP
According to data provided by the US Census Bureau, US retail (XRT) sales fell 0.2% in June 2017.
June Non-Farm Payroll and Improving Confidence in the US
The June non-farm payroll report indicated a solid improvement in the US labor market.
Will the Real Estate Sector Shine Thrive this Summer?
Another important summer activity is shopping for a new home. Realtors often talk of curb appeal, and there’s no better time than summer.
What to Expect from Natural Gas this Summer
So what are the returns for natural gas in the summer? Again, these numbers look pretty bleak until late summer.
Interesting Options for Summer Investments
Summer is finally here after only nine months of waiting. Now might be a good time to look at investments that have to do with the summer months.
How Has the S&P 500 Fared Leading into Summer Months?
The US stock market as depicted by the S&P 500 Index (SPY) (SPXL) (IVV) closed 2016 with gains of 11%.
Which Sectors Are Likely to Outperform in the Short Term?
The difference between trailing and forward PE ratios suggests that technology, telecom, healthcare, and materials could likely see robust earnings growth.
How Trump’s Proposed Policies Have Caused Sector Divergence
Despite the stellar run that financials (FAS) have had since the US elections in November 2016, financials are trading at very reasonable levels.
Bill Gross Says China’s Credit Level Ballooning
China’s financial markets already crashed in August 2015. However, the total debt-to-GDP ratio is still too high, at 277% in 2016.
How the Removal of Dodd-Frank Could Affect Banks
While the Dodd-Frank Act was passed to avoid another financial crisis, it has crippled banks’ profitabilities over the years due to higher capital requirements.
US CPI Meets Expectations: Will It Drive Market Sentiment?
According to the data provided by the US Bureau of Labor Statistics, the US inflation index stood at 0.3% in December 2016 compared to 0.2% in November 2016.
What Does the Rising US Consumer Sentiment Index Mean for the Economy?
The US Consumer Sentiment Index improved in January 2017. It stood at 98.1 in January 2017 compared to 98.2 in December 2016.
Investors Are Worried about an Impending Squall
Inverse ETFs can help protect against a squall US stocks bumped up against all-time highs again this year. After hitting a new intraday high of 2,178 on August 1, the S&P 500 was unable to hold onto the gains. Sector performances offer a glimpse of where we are in the market cycle. The top performing […]
Equity Valuation Fell by 47% When the Dot-Com Bubble Burst
The major event of the mid-1990s was the dot-com bubble, when Internet businesses experienced exponential growth. However, this wasn’t earnings growth.
Why Druckenmiller Recommends Investing in Gold
In the last five years, the S&P 500 Index (SPY) (SPXL) has had a negative correlation factor of 0.89 with the SPDR Gold Shares ETF (GLD).
Whitney Tilson to Investors: Focus on Growth and Returns
Whitney Tilson is the founder of Kase Capital Management. He did an interview on May 25, 2016. He discussed his investment strategy and top stock picks.
Share Buybacks: Lower Valuation or Cheap Capital?
By reducing the number of outstanding shares, companies increase the EPS. Through share buybacks, companies return more cash to shareholders.
What Is Labor Market Slack?
The unemployment rate doesn’t help us gauge the extent of labor market slack. The actual employment gap that exists also consists of a slack component.
The SPY ETF Stumbled Due to the Rout of Oil Prices
The SPDR S&P 500 ETF and the Direxion Daily S&P500 Bull 3X ETF stalled their rally on Wednesday, December 30, with falls of 0.7% and 2.1%, respectively.
SPY Rose 1.1% on Oil Price Rebound and Upbeat Consumer Confidence
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) jumped 1.1% and 3.3%, respectively, on Tuesday, December 29.
Slight Rise in Oil Prices Helped SPY Rise for the Second Day
SPY and SPXL continued to rise for the second consecutive day as oil prices displayed some stability on Tuesday, December 22. USO rose by 1.0%.
Consumer Spending May Drive US Economy to Grow at 2.5% in 2016
The US economy contributes about 25.2% towards global GDP. In 3Q15, the US economy grew at an annualized rate of 2.1% due to an increase in consumer spending.
The SPY ETF Rose 0.8% despite a Continued Fall in Oil Prices
On Monday, December 21, 2015, the SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 0.8% and 2.8%, respectively.
US Stocks Fall as Oil Prices Plunge Again
US stocks represented by SPY and SPXL fell in yesterday’s trade. SPY and SPXL fell 1.5% and 4.4%, respectively.
The Fed’s Long-Awaited Decision to Raise Rates Sent SPY Soaring
The SPDR S&P 500 ETF (SPY) rose 1.5% on December 16, 2015, as Federal Reserve members concluded their two-day meeting about the interest rate direction.
SPY Soared High through All of the Component Sectors
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 1.1% and 3%, respectively, on Tuesday, December 15, 2015.
US Stocks Follow Oil’s Rebound, SPY Rises 0.51%
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull and Bear 3X Shares ETF (SPXL) rose 0.51% and 1.7%, respectively, in yesterday’s trade.
US Trade Deficit Rises as Exports Fell More than Imports
The US trade deficit stood at $43.9 billion in October. International trade plays a crucial role in determining whether the economy is growing or not.
US Equities Ended Slightly Lower amid Terror Alarm in Germany
On November 17, US equities, which had traded in positive territory in early sessions, ended down after the news of suspected terrorist activity in Germany broke.
How Zero-Bound Money Restricts Credit Growth
Credit growth has started to slow in the Us. From the 12% annualized growth rate of commercial and industrial credit in 2014, the rate is currently around 10.8%.
Sinking Oil Prices Rattled Stock Markets and Russia’s GDP Growth
Because of the supply glut in oil, prices fell steeply, affecting energy stocks and Russia’s GDP growth rate. Oil is currently priced at ~$42 per barrel.
Oil Price Fell and Rattled the Energy Sector, SPY Ended Lower
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) fell by 0.39% and 1.2%, respectively, on Wednesday, November 11.
US Stocks Retreat Ahead of Federal Open Market Committee Meeting
For clues on the timing of the Fed’s rate change, investors are looking forward to Federal Open Market Committee meeting to be conducted this week.