Author Archives: Rick Pendergraft

Volatility and VIX Hottest Words in Investment News

The selling we saw last week and on Monday of this week caused the words “volatility” and “VIX” to become the hottest words in investment news. On Yahoo Finance’s home page, without even typing in any search words, there were more than 25 articles with “volatility” or “VIX” in the title of the article. For the time being, they have ...

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FANG Stocks Impress With Earnings Except Google

Over the course of the last few weeks we have gotten earnings reports from the internet stocks affectionately known as FANG- Facebook, Amazon, Netflix and Google (now listed as Alphabet). Amazon and Alphabet completed the reports with each company reporting earnings last night. For the most part, the companies met or exceeded analyst expectations except Alphabet. Netflix kicked things off ...

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Big Week Ahead for Economic News and Earnings

The market has been moving up for some time now and in the last few months the trajectory of the move has become incredibly steep. Over the last 50 trading days, from November 14 through last Friday, the S&P and Nasdaq have each gained 11.4 percent while the Dow has gained an incredible 13.7 percent. We see on the weekly ...

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What is Happening at Davos?

The annual World Economic Forum in Davos, Switzerland came to an end earlier today and U.S. President Trump was the featured speaker on the last day. His message was that “America is open for business again and we are competitive once again.”  He stressed that his policies are meant to boost business and reward production, invites investment and attracts capital. ...

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Has The Bond Selloff Run Its Course?

Over the past year and a half, the U.S. 10-year Treasury Note has been under tremendous selling pressure and that has caused the rate to rise to its highest level since June ’14. We see on the chart below that the futures price for 10-year notes has dropped to its lowest level since mid-2011 and the momentum seems to be ...

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Chip Sector in the Earnings Spotlight

As earnings season continues to pick up steam, the semiconductor sector will be in the spotlight this week with five major chip-makers releasing earnings reports over the next three days. The semiconductor sector has performed incredibly well over the past year. The chart below shows that the VanEck Vectors Semiconductor ETF (NYSE: SMH) outperformed all of the select sector SPDR ...

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