Broad Equity Market Tone:Advance/Decline Line: Substantially LowerSector Performance: Most Sectors DecliningVolume: Above Average Market Leading Stocks: UnderperformingEquity Investor Angst:Volatility(VIX) 23.3 +.04% Bloomberg Global Risk On/Risk Off Index 1,931.0 -22.0 points Euro/Yen Carry Return Index 129.76 -.58% Emerging Markets Currency Volatility(VXY) 10.4 +.3% S&P 500 Implied Correlation 49.2 +.5% ISE Sentiment Index 102.0 -28.0 pointsTotal Put/Call .77 +16.7% NYSE Arms 1.05 +34.6% Credit Investor Angst:North American Investment Grade CDS Index 51.23 +2.1%US Energy High-Yield OAS 494.60 -.16%European Financial Sector CDS Index 62.31 +2.0% Italian/German 10Y Yld Spread 116.0 -3.0 basis pointsAsia Ex-Japan Investment Grade CDS Index 61.58 +.60%Emerging Market CDS Index 170.41 +1.7%iBoxx Offshore RMB China Corporate High Yield Index 185.34 +.31% 2-Year Swap Spread 7.25 +.75 basis point TED Spread 15.0 -.75 basis point3-Month EUR/USD Cross-… [Read More...]
One Bank Makes A Big Call: "Vaccinations Should Bring Virus Under Control In Next Few Weeks"
One Bank Makes A Big Call: “Vaccinations Should Bring Virus Under Control In Next Few Weeks” One month ago, we presented to our readers an analysis from Goldman Sachs, according to which the rapid rollout of vaccinations at long-term care facilities would lead to a decline in US hospitalizations around Jan 9, and would then push total covid-related hospitalizations to nearly zero by the end of the month. While Goldman may have been off by a few days, it was almost spot on: as Bloomberg reported earlier this week, citing the Covid Tracking Project, the US hospitalization numbers are now dropping compared with a week earlier in both the Northeast and Midwest, the critical inflection point that Goldman had pegged for Jan 9. An analysis from BofA … [Read More...]
Does Renters Insurance Cover Dog Bites?
One-third of renters live with dogs, which shows how many of us love our four-legged friends. It also means renters insurance to cover dog bites is important to consider when you’re a dog owner and renting. And while your sweet little pup may not have any known history of biting, you never know how your […] The post Does Renters Insurance Cover Dog Bites? appeared first on The Simple Dollar. [Read More...]
Hundreds Of Pieces Of Fine Art, Worth Millions, Rushed Out of U.K. Ahead Of Brexit Cutoff
Hundreds Of Pieces Of Fine Art, Worth Millions, Rushed Out of U.K. Ahead Of Brexit Cutoff Among the litany of decisions resulting from Brexit was a choice that art dealers in London had to make: keep their art in the U.K. or migrate it to the EU before Brexit restrictions go into effect? The potential issue lies in future import duties that collectors may have to face, should they decide to bring their art from London to the EU in the future. Many midsized galleries in London sell “regularly” to Europe, according to Bloomberg. The art could previously “move freely between the EU and the U.K. with minimal restrictions and without cumbersome tax and customs procedures.” Those days are long gone, leading to … [Read More...]
Stocks Reversing Slightly Lower into Final Hour on Long-Term Rate Rise, Virus Shutdown Worries, Technical Selling, Tech/Healthcare Sector Weakness
Broad Equity Market Tone:Advance/Decline Line: Substantially HigherSector Performance: Most Sectors RisingVolume: Above Average Market Leading Stocks: OutperformingEquity Investor Angst:Volatility(VIX) 22.4 +.9% Bloomberg Global Risk On/Risk Off Index 2,030.0 -20.0 points Euro/Yen Carry Return Index 130.50 -.11% Emerging Markets Currency Volatility(VXY) 10.4 -1.2% S&P 500 Implied Correlation 47.4 -3.6% ISE Sentiment Index 130.0 -3.0 pointsTotal Put/Call .64 -24.7% NYSE Arms .61 -62.1% Credit Investor Angst:North American Investment Grade CDS Index 50.0 -.15%US Energy High-Yield OAS 497.60 -1.37%European Financial Sector CDS Index 61.6 +2.5% Italian/German 10Y Yld Spread 119.0 +7.0 basis pointsAsia Ex-Japan Investment Grade CDS Index 61.23 -1.64%Emerging Market CDS Index 162.31 -1.71%iBoxx Offshore RMB China Corporate High Yield Index 184.76 -.38% 2-Year Swap Spread 6.5 -1.0 basis point TED Spread 15.75 +1.5 basis points3-Month EUR/USD Cross-Currency Basis Swap -3.25 -.75 basis pointMBS 5/10 Treasury Spread… [Read More...]
What’s the Average Monthly Mortgage Payment in the U.S.?
If you think that this is the year to purchase that new home, chances are you’re wondering whether that mortgage payment will fit into your budget. Many factors go into determining what your payment will look like at the end of the day, including the cost of the home, your interest rate, local taxes, and […] The post What’s the Average Monthly Mortgage Payment in the U.S.? appeared first on The Simple Dollar. [Read More...]
Bull Radar
Style Outperformer: Small-Cap Value +2.3%Sector Outperformers: 1) Airlines +5.5% 2) Oil Service +4.4% 3) Retail +3.2% Stocks Rising on Unusual Volume:UAVS, ACIA, GME, SRAC, MAXR, BBBY, DDD, NK, MSTR, SPCE, GIK, UNFI, BYND, ALDX, MAC, ATOM, SSYS, DDS, NAVI, SATS, KTOS, NGA, SKT, FUSE, QTRX, AYX, REAL, DNMR, W, IRDM, ETH, GM, DMTK, MKSI, GOGO, ANAB, VNT, HEC, TTCF and CCIVStocks With Unusual Call Option Activity: 1) STAY 2) LXRX 3) CSX 4) XLI 5) AKAM Stocks With Most Positive News Mentions: 1) KBH 2) SPCE 3) BYND 4) GKOS 5) MROCharts: ETFs Rising on Unusual Volume Stocks Rising on Unusual Volume [Read More...]
Netflix’s "Tiger King" Star Carole Baskin Pumps Penny Stock In New Video
Netflix’s “Tiger King” Star Carole Baskin Pumps Penny Stock In New Video It appears someone paid Netflix’s “Tiger King” star Carole Baskin via Cameo, a video-sharing website where users can pay for video messages, to pump a penny stock that resulted in a parabolic move in Zomedica. According to Yahoo Finance’s Zack Guzman, “Carole Baskin tells me her Zomedica mention that may have triggered a 230% rally in the penny stock came from a $299 Cameo request.” “It was a Cameo they paid for. I don’t hold any stock in the company and don’t make stock recommendations,” Baskin told Guzman. Parabolic Rise In Zomedica On The Baskin Pump Here’s the video of Baskin discussing penny stock Zomedica, a small Michigan-based company producing products … [Read More...]
The Best Payday Loan Alternatives of January 2021
Sometimes you find yourself in a bad spot with a big bill hanging over your head. You need to scrape together some cash somehow to cover it, but where do you turn? Every year, 12 million Americans use payday loans to cover their cash flow conundrums. But payday loans just dig people deeper into the […] The post The Best Payday Loan Alternatives of January 2021 appeared first on The Simple Dollar. [Read More...]
Bear Radar
Style Underperformer: Small-Cap Value -.7%Sector Underperformers: 1) Oil Service -2.5% 2) Steel -2.5% 3) Paper -2.2% Stocks Falling on Unusual Volume: NTUS, SCHW, AMD, SRPT, PRIM, ZEN, HEC, NFE, LVS, BLI, STPK, DD, SEAS, IFF, CURI, NVIX, ERII, LOCO, DBX, LPG, KAR, USCR, VMW, DELL, SILK, RPAY, ESPR, PRVB and MARAStocks With Unusual Put Option Activity: 1) MGY 2) VECO 3) EEM 4) KBH 5) GME Stocks With Most Negative News Mentions: 1) DBX 2) GRWG 3) KNDI 4) PRTY 5) DD Charts: ETFs Falling on Unusual Volume Stocks Falling on Unusual Volume [Read More...]
131 Governments In 160 Years
131 Governments In 160 Years As DB’s Jim Reid wrote overnight, with the current turmoil in US politics it’s easy to miss the perennial political problems that are again resurfacing in Italy. PM Conte’s government could collapse as soon as tonight now that PM Renzi (leader of Italia Viva party) has withdrawn his support even if he is only a tiny, junior partner in the coalition. This current coalition has so far only lasted 16 months but in Reid’s CoTD, he shows that this has been par for the course in Italy since 1861. Over this 160 year period Italy has had 131 governments. So each one has lasted an average of just under 15 months. DB’s Italian economist Clemente Delucia sees three possible scenarios: first, a sort of stasis outcome with only marginal… [Read More...]
70% of Working Americans Need a Pay Increase This Year
Annual salary increases in 2021 are more vital than ever after a year of volatile economy and job market changes. A new The Simple Dollar survey found that 70% of employed U.S. adults say a pay increase would be important for their household’s financial wellbeing. Despite this, about 40% of respondents are not expecting a […] The post 70% of Working Americans Need a Pay Increase This Year appeared first on The Simple Dollar. [Read More...]
Keeping up with the Joneses
At a party given by a billionaire on Shelter Island, the late Kurt Vonnegut informs his pal, the author Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch 22 over its whole history. Heller responds, “Yes, but I have something he will never have . . . Enough.” As a dividend growth investor, my… To read the whole article, please click on the article title above. [Read More...]
Stocks Higher into Afternoon on Lower Long-Term Rates, Stimulus Hopes, Short-Covering, Utility/Medical Sector Strength
Broad Equity Market Tone:Advance/Decline Line: Modestly LowerSector Performance: MixedVolume: Around Average Market Leading Stocks: OutperformingEquity Investor Angst:Volatility(VIX) 22.2 -4.8% Bloomberg Global Risk On/Risk Off Index 2,042.0 +2.0 points Euro/Yen Carry Return Index 130.69 -.27% Emerging Markets Currency Volatility(VXY) 10.5 -.7% S&P 500 Implied Correlation 49.0 +1.6% ISE Sentiment Index 122.0 +25.0 pointsTotal Put/Call .90 +32.4% NYSE Arms 1.46 +117.9% Credit Investor Angst:North American Investment Grade CDS Index 50.22 -2.29%US Energy High-Yield OAS 506.90 -.18%European Financial Sector CDS Index 59.58 -3.2% Italian/German 10Y Yld Spread 112.0 unch.Asia Ex-Japan Investment Grade CDS Index 62.26 +1.17%Emerging Market CDS Index 162.31 -1.71%iBoxx Offshore RMB China Corporate High Yield Index 185.47 +.19% 2-Year Swap Spread 7.5 -.25 basis point TED Spread 14.25 -.25 basis point3-Month EUR/USD Cross-Currency Basis Swap -1.5 +.75 basis pointMBS 5/10 … [Read More...]
Beige Book Finds Prices Rising Everywhere
Beige Book Finds Prices Rising Everywhere One month after the November Beige Book toed the “modest recovery” party line with most of the Fed’s 12 districts characterizing economic expansion as the trite “modest or moderate”, even as four districts described “little or no growth” while five narratives noted that activity remained below pre-pandemic levels for at least some sectors, the economy seems to have picked up (despite pervasive lockdowns) and in today’s just released Beige Book which covered the month of December, we find that most Federal Reserve Districts reported that “economic activity increased modestly” since the previous Beige Book period, although conditions remained varied: two Districts reported little or no change in activity, while two others noted a decline. Despite the “modest” improvement, reports on consumer … [Read More...]
Does Renters Insurance Cover Your Car?
Auto and renters insurance may seem as if they overlap a bit, but when you compare the two different types of policies, the differences start to stand out. Car and renters insurance actually work hand-in-hand, with each providing unique coverage for your car and belongings. Auto insurance covers any damage that occurs to your car […] The post Does Renters Insurance Cover Your Car? appeared first on The Simple Dollar. [Read More...]
Stocks Slightly Higher into Final Hour on Dollar Weakness, Stable Long-Term Rates, Short-Covering, Energy/Retail Sector Strength
Broad Equity Market Tone:Advance/Decline Line: HigherSector Performance: MixedVolume: Around Average Market Leading Stocks: OutperformingEquity Investor Angst:Volatility(VIX) 23.6 -1.9% Bloomberg Global Risk On/Risk Off Index 2,022.0 +118.0 points Euro/Yen Carry Return Index 131.06 -.01% Emerging Markets Currency Volatility(VXY) 10.6 -1.1% S&P 500 Implied Correlation 49.6 +2.5% ISE Sentiment Index 97.0 -3.0 pointsTotal Put/Call .70 -11.4% NYSE Arms .60 -3.2% Credit Investor Angst:North American Investment Grade CDS Index 51.78 +1.23%US Energy High-Yield OAS 509.53 -.01%European Financial Sector CDS Index 61.55 +2.8% Italian/German 10Y Yld Spread 112.0 +6.0 basis pointsAsia Ex-Japan Investment Grade CDS Index 61.52 +3.3%Emerging Market CDS Index 165.87 +1.7%iBoxx Offshore RMB China Corporate High Yield Index 185.12 +.13% 2-Year Swap Spread 7.75 +.5 basis point TED Spread 14.5 -1.0 basis point3-Month EUR/USD Cross-Currency Basis Swap -2.25 +2.5 basis… [Read More...]
The Dutch, Germans, & Maltese Are Europe’s Noisiest Neighbors
The Dutch, Germans, & Maltese Are Europe’s Noisiest Neighbors Neighbors can be both a blessing and a curse with few things as stressful or irritating as booming music coming from a subwoofer next door at a late hour. In other households, the proximity to busy streets and rail lines can also keep residents from getting enough sleep. So where in Europe do people have to contend with the most noise in neighborhoods? Statista’s Niall McCarthy has the answers. Eurostat recently released an interesting dataset showing that 17.3 percent of the EU’s population report suffering from excess noise in their neighborhoods. The research also included some of the EU’s neighboring countries and it shows that the problem is more pronounced in some places than others. You will find more … [Read More...]
Mortgage Escrow Account: Pros and Cons
If you own a home and are making monthly payments, you have probably read over the breakdown of your monthly mortgage charges once or twice. Your mortgage payment likely breaks out your monthly payment into three parts: principal, interest and funds that go to your escrow account. While you likely know that the principal is […] The post Mortgage Escrow Account: Pros and Cons appeared first on The Simple Dollar. [Read More...]
2021 Tax Brackets, Standard Deduction, and Other Changes
The IRS recently published the annual inflation updates for 2021. If you have questions about a particular amount that I do not mention here, you can likely find it in the official IRS announcements: Rev. Proc. 2020-45 contains most inflation adjustment figures, and Notice 2020-79 contains figures relating to retirement accounts. Single 2021 Tax Brackets Taxable Income Tax Bracket: $0-$9,950 10% $9,950-$40,525 12% $40,525-$86,375 22% $86,375-$164,925 24% $164,925-$209,425 32% $209,425-$523,600 35% $523,600+ 37% Married Filing Jointly 2021 Tax Brackets Taxable Income Tax Bracket: $0-$19,900 10% $19,900-$81,050 12% $81,050-$172,750 22% $172,750-$329,850 24% $329,850-$418,850 32% $418,850-$628,300 35% $628,300+ 37% Head of Household 2021 Tax Brackets Taxable Income Tax Bracket: $0-$14,200 10% $14,200-$54,200 12% $54,200-$86,350 22% $86,350-$164,900 24% … [Read More...]
- 1
- 2
- 3
- …
- 7
- Next Page »