Athanasios P. Fassas 1 and Nikolas Hourvouliades 2,* 1. Department of Accounting and Finance, University of Thessaly, Larissa 41110, Greece 2. Department of Business Studies, American College of Thessaloniki, Thessaloniki 55535, Greece Received: 10 June 2019; Accepted: 28 June 2019; Published: 1 July 2019 Introduction A fundamental principle of finance is the positive expected return-risk…...
Once again and with the defined Santa Claus rally in full effect, the major averages finished higher on Monday. The Dow Jones Industrial Average (DJIA) led the way with a gain of nearly 100 points or up .34 percent. The S&P 500 (SPX) was up nearly 3 points with another record close and the Nasdaq…
The following is an excerpt from our December 15, 2019 Research Report: “With market breadth/internals still found with strength and now the most impactful binary event having been tranquilized, so to speak, a melt-up into year-end is the most probable outcome. To be clear, this is the most probable outcome, but it is by no…
Welcome to this week’s State of the Markets with Wayne Nelson, Seth Golden and our special interview guest Michael Listman. Please click the following link to review the SOTM video/interview. This week we had the pleasure of interviewing Michael Listman, (UVXYTrader on Twitter) who specializes in trading Volatility and Volatility Exchange Traded Products (ETP). In addition to the interview, please review…
This article first appeared at Wall Street Journal: By Gunjan Banerji Updated Dec. 18, 2019 4:19 pm ET Options traders are paying up for bets that would profit if the S&P 500’s record run came to a halt. Renewed optimism about the domestic economy and a preliminary trade pact between the U.S. and China have…
IN THIS ISSUE Macro Strategy—A fundamental change in the Federal Reserve’s (Fed’s) approach to achieving its inflation target means monetary policy is shifting from a headwind to a tailwind in 2020. The pattern of the U.S. business expansion over the past 10 years shares many similarities to the previous longest expansion in the 1990s. Like…...
Before we get started with today’s daily market dispatch, I wanted to remind our readers about something we discussed in the Finom Group Trading Room on Tuesday. The following chart from Tom McClellan identifies the S&P 500 this year against the S&P 500 in 1995. The two are taking a very similar path. Why are…
What happens when the threat from the ongoing trade war abates? Naturally, the melt-up ensues. This is not to discount the the surge in the S&P 500 since October, but rather to highlight the seasonal trends that suggest the last couple of weeks in December are usually found with the major averages advancing. The Dow…
The trading week that was ended in a manner that many may have not anticipated. As we read this week’s Research Report, we can’t help but to recall the setup for the trading week that was found with some anxiety surrounding the December 15 tariffs. Investors had a choice to make at the beginning of…
The trading week that was ended in a manner that many may have not anticipated. As we read this week’s Research Report, we can’t help but to recall the setup for the trading week that was found with some anxiety surrounding the December 15 tariffs. Investors had a choice to make at the beginning of…...
