US M&A activity is picking up steam. Deal volume in the first quarter of this year was the highest since 2007 (in dollar terms). The total of $278bn of transactions includes high profile deals such as Time Warner, Forest Laboratories, and WhatsApp.
With April Fools’ Day behind us, it’s time to get serious about investing. Don’t be fooled by this week’s non-farm payroll report; nor by the assertion that the U.S. may have the cleanest of the dirty shirts. And certainly don’t be fooled into thinking the market has your interests in mind…
As we are nearing a high in the S&P 500 there was a sharp retreat in the NASDAQ and Russell 2000 averages last week. The Dow has remained under its old high and failed to confirm the move to new highs in the transports. The number of names in attractive technical condition declined last week.
John Kosar of Asbury Research told Financial Sense Newshour in a recent interview they are expecting a defensive move in the markets during the second quarter with investors shifting towards utilities, gold, and Treasuries before a move higher towards the end of the year.
Chinese stocks, both in the domestic and the investable markets, have remained stuck in a broad trading range that has been in place since 2012. The two indexes have become increasingly correlated, and both have failed several attempts to break out...
Gold price gains of more than 7% during the first quarter of 2014 were cut on the first day of Q2 Tuesday morning, with a rally from overnight lows at $1278 in the spot market fading at $1284 per ounce.
Set aside the gloom and doom and make hay while the sun shines, advises Jim Puplava in his recent Big Picture broadcast, “As Good As It Gets—And It’s Getting Better.”
Patrick Nipper of Renaissance Macro Research joined the Financial Sense Newshour as the weekend technician, and said that risk indicators and seasonal trends warrant caution; however, credit markets aren’t showing any danger signs and still support the market’s current levels.