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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Monthly Archives: April 2016
Broker dealers beckoning S&P lower
The 18 large US broker/dealers that make up the ‘XBD’ Index stumbled the past year, leading the broader S&P lower into February and with a lesser rebound since. Similar price action was noted in the fall of 2007… When the … Continue reading
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Senator Warren says SEC failing ‘core mission’
Sen. Elizabeth Warren (D-Mass.) released a report in January called “Rigged Justice 2016” which outlines 7 key sectors where large corporations have committed major crimes and got away with just a slap on the wrist fine to date. In the … Continue reading
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Go for the green Canada
“In order to truly fulfill the promise of Canada as an energy superpower for the 21st century we need to stop thinking that energy only equals oil.” See: Canada needs to rethink energy. Re: Earth day…Canada’s got game…shifting to green … Continue reading
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