Anthony Mirhaydari
While stocks continue to flirt with new rally highs, trouble brews beneath the surface.
A slew of short-term technical indicators are falling out of overbought territory including various stochastic and momentum measures. Breadth continues to narrow,…
Anthony MirhaydariArmories, Coach Coh, Consumer Staples, Dow Industrials, Dow Transports, Dr Horton, investing, Luxury Brands, Major Indices, Nyse Composite Index, Nyse Composite Index Nya, Nyse Margin Debt, Nyse Stocks, Pessimistic View, Procter Amp Gamble, Rising Tide, Risk Aversion, Small Cap Stocks, Trucking Companies, Wal-Mart, Xlp
Brazil’s finance ministry announced late Monday that the country will impose a 2% tax on foreign inflows into the country’s stock and bond markets as policymakers try to stem the rise of their currency, the real, which is up 23% this year. Brazilian …
Anthony MirhaydariBond Markets, Bovespa, Brazilian President, Brazilian Stocks, Consecutive Losses, Currency Rates, Debasement, Equity Investors, Etf, Ewz, Finance Minister, Finance Ministry, Foreign Exchange Rate, Guido Mantega, investing, Ishares, Kneejerk, Local Companies, Lula Da Silva, Stock Index, Tax Hike
The Dow Industrials tumbled back under the psychologically important 10,000 threshold on Friday after some surprisingly bad news from the banks jarred the bulls out of their complacency.
Bank of America (BAC) reported a third-quarter loss of $2.2 bil…
Anthony Mirhaydari, Citigroup, bank of americabank of america, Bank Stocks, Consensus Estimate, Consumer Loan, Credit Losses, Credit Portfolio, Credit Suisse, Delinquencies, Dow Industrials, Forbearance, Holiday Shopping, investing, Loan Growth, Loan Losses, Payment Holidays, Q3 Results, Quarter Loss, Seasonality, Share Loss, Spdr, Spring And Summer
While the primary trend for stocks continues to arch skyward, we are beginning to see equity traders react to some new developments over in the world of fixed-income, commodities, and currencies. This has made for choppy trading over the last few day…
Anthony Mirhaydari, Federal Reserve, economyBernanke, Brows, Carry Trade, Central Bank Officials, Corporate Earnings Reports, Dollar Devaluation, Economic Data, Equity Traders, Fixed Income, Greenback, Hedgies, investing, Last Thursday, Money Center Banks, New Developments, Policy Stance, Policymakers, Stock Bulls, Stocks Fall, Unease, Unfavorable Position
Don’t look now, but a nation of shoppers is about to be reborn. Thanks to rising stock prices, stabilizing home values, increased savings, improved confidence in the economy, and reduced debt, there is building evidence that the quintessentially Amer…
Anthony Mirhaydari, retailbank of america, Consumer Discretionary Stocks, Consumer Sentiment, Consumption Growth, Credit Card Interest, Credit Card Interest Rates, Debt Burdens, Debt Levels, Debt Service, Drag On, investing, Low Interest Rates, Merill Lynch, Optimistic Outlook, Polaris Pii, Service Ratios, Stock Prices, Toy Manufacturer, Unemployment Rate, Worth Noting That, Xly
After removing the inflationary effects of the Fed’s dollar printing, stocks are now sitting at the lows reached after the swoon in early September. By looking at the relative performance of the S&P 500 to gold futures, investors are nearing some…
Anthony Mirhaydari, Federal Reserve, GoldAlcoa, Analyst Estimates, Bdd, Credit Suisse, Critical Support, Decision Point, Early September, Earnings Growth, Earnings Season, Gainer, Global Economy, Gold Futures, Inflationary Effects, investing, Q2 Earnings, Q3 Earnings, Relative Performance, Reuters, Second Quarter Earnings, Street Survivor, Surprise Return
Stocks should soon start enjoying the benefits of a renewed surge in liquidity courtesy of the Federal Reserve.
Although the Fed pulled the punch bowl away in one area, by announcing the discontinuation of its direct debt purchases back on September …
Anthony Mirhaydari, Federal Reserve30 Year Treasury, Ben Bernanke, credit crisis, Debt Purchases, Discontinuation, Dollar Weakness, Earnings Season, Fed Funds Rate, Federal Funds Rate, Holding Period, investing, Last Thursday, Money Supply, Precious Metal, Punch Bowl, Q3 Earnings, Street Survivor, Target Rate, Tom Mcclellan, Trade Updates, Treasury Position
Since the Federal Reserve announced on September 23 that it would not be extending its direct purchases of mortgages and U.S. Treasuries, stocks have lost more than 4%. At the time, I wondered if the Fed had killed the bull market.
While that remains…
Anthony MirhaydariAlcoa, Chicago Pmi, Consumer Confidence, Domestic Auto, Earnings Quality, Earnings Season, Exchange Volume, Fundamental Analysis, investing, Major Indices, Moving Average, Nadir, New York Stock, New York Stock Exchange, Paul Desmond, Pessimism, Quarter Earnings, Risk Exposures, Selloff, Valuation Levels, York Stock Exchange
Friday saw the release of the latest employment situation report and boy was it a doozy. Payrolls fell by another 263,000 in September, well under the consensus estimate of a loss of 170,000. The unemployment rate inched higher to 9.8% — which now s…
Anthony MirhaydariAsset Management Business, Bureau Of Labor, Bureau Of Labor Statistics, Cold Water, Consensus Estimate, Consumer Confidence, Diffusion Index, Employment Situation, General Motors, goldman sachs, Household Survey, Intensity, investing, Payroll, Redeeming Qualities, Situation Report, Survey Component, Third Shift, Unemployment Rate, Wall Street Expectations, Winter Morning
As investors are distracted by the volatility in the stock market, boring ol’ Treasury bonds have been going wild. Since August 10, the iShares 20+ Year Treasury Bond ETF (TLT) has gained 9.4% versus a 4.6% return for the S&P 500.
This is all qu…
Anthony MirhaydariBill Gross, Carry Trade, Commercial Banks, Corporate Profit, David Rosenberg, Defensive Assets, Fiscal Deficits, Global Money, Government Debt, Inflationary Environment, Ishares, Japanese Yen, Loan Portfolio, Massive Increase, Money Supply, Profit Growth, Retail Investors, Treasury Bonds, Trimtabs, Year Treasury Bond
Well, that was interesting. After the Federal Reserve announced on Wednesday it would leave interest rates unchanged, stocks initially bounded higher before abruptly shifting direction and screaming lower. The bulls gunned the Dow Industrial Ave…
Anthony Mirhaydari, Federal Reserve5 Year Treasuries, Ben Bernanke, Chocolate Cheesecake, Cohorts, Deficit Spending, Dow Industrial Average, Fannie Mae, Fannie Mae And Freddie Mac, Fed Chairman, Freddie Mac, Government Debt, Market Interest Rates, Mortgage Backed Securities, Open Market Operations, Pomo, Target, Term Interest, Treasury Yields, U S Treasury, Waistline
From a strictly short term point of view, stocks are overbought as they cruise towards heavy resistance at 1,121 on the S&P 500. This means they could pause here for a few days to a few weeks trading sideways or marginally down. This observation …
Anthony Mirhaydari23 Years, Amp, Current Situation, Current Value, Divergence, Explosion, Grand Total, Index Prices, Magnitude, Momentum, Moving Average, moving averages, Nine Months, Oscillators, Point Of View, Rallies, Recessions, Stock Rally, Trading Sessions, Trough
With the major indices trading near new highs, there is evidence that the most recent phase of the advance was fueled by the lowest quality stocks. And it looks like the tide could be turning.
Some of this has been caused by a scramble into the riski…
Anthony Mirhaydari, GEBalance Sheet Structure, Barclays Capital, Consumer Cyclicals, Credit Default Swaps, Credit Default Swaps Market, Credit Derivatives, Credit Markets, Dave Klein, Derivatives Research, Indices Trading, Junk Stock, Leisure Technology, Major Indices, Market Sentiment, Quality Names, Quality Stocks, Short Covering, Stock Indices, Stock Rally, Technology Telecommunications
