Seth Golden – Finom Group

Seth Golden posted an update 1 day, 2 hours ago

Fed vice chair Clarida has basically forecasted a Pause in rate hikes AFTER the December rate hike to come. https://www.cnbc.com/2018/11/16/feds-clarida-says-central-bank-needs-to-be-in-data-dependent-mode-now-with-rate-hikes.html

Seth Golden posted an update 2 days, 5 hours ago

Warren Buffet’s 10 largest Holdings. Most are in the financial sector.

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Seth Golden posted an update 2 days, 5 hours ago

Wal-Mart beats on earnings, revenues roughly inline, raises FY guidance. https://seekingalpha.com/news/3409940-walmart-beats-0_07-misses-revenue?app=1#email_link

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Seth Golden posted an update 3 days, 22 hours ago

Crude oil price plunging

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Seth Golden posted an update 4 days, 1 hour ago

Nice trade we captured today for our premium subscribers

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Seth Golden posted an update 4 days, 4 hours ago

Latest reading on Small Business Sentiment continues to express record level highs. https://www.nfib.com/surveys/small-business-economic-trends/

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Seth Golden posted an update 1 week, 1 day ago

Although the DOW is giving up most of its gains going into the FOMC statement and tech and SPX are both under pressure, financials are holding up presently. Not sure if this is a signal, but it’s interesting. We’ll see!

Seth Golden posted an update 1 week, 2 days ago

VIX Futures term structure has finally reversed backwardation after 29 days and is in contango. It’ s very modest contango, but nonetheless contango. M1 futures expiration is 11/21 so maintain focus on M2 which is what presently constitutes the majority of ETP holdings

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Seth Golden posted an update 1 week, 3 days ago

We are proud to announce that our 2018 PT on shares of SBUX has been achieved today at $66. Per our trade alert, this also represents at least a 10% ROIC. Congratulations to our premium subscribers who participated in the trade!!

Seth Golden posted an update 1 week, 5 days ago

Very simply put, credit spreads are not widening, which is typically the sign of stress in an economy and leads to a recession.

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Seth Golden posted an update 2 weeks, 1 day ago

U.S. economy grew 250,000 jobs in October as wages rose at their fastest pace in nearly 9 years https://www.marketwatch.com/story/us-adds-250000-jobs-in-october-wages-rise-at-fastest-pace-in-more-than-nine-years-2018-11-02?mod=newsviewer_click

Seth Golden posted an update 2 weeks, 2 days ago

Term structure still in backwardation with nearly 3 weeks until m1 expiration. Backwardation has eased a bit over the last couple of trading days and given the reduction in VIX