Stock benchmarks just did something they haven’t done in nearly 20 years
https://alaricsecurities.com/stock-benchmarks-just-something-havent-done-nearly-20-years/
Dow, S&P 500, Nasdaq Composite, Russell 2000, Dow transports all close at all-time highs on the same day. Five major U.S. stock-index benchmarks finished at records on the same day—something that hasn’t happened in more ...
Mortgage rates soar to fresh 2016 high, Freddie Mac says
https://alaricsecurities.com/mortgage-rates-soar-fresh-2016-high-freddie-mac-says/
Rates for home loans rose for the sixth week in a row, mortgage finance provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 4.13% in the Dec. 8 week, up five basis points during ...
How Italy’s ‘no’ vote might be the ECB’s silver lining
https://alaricsecurities.com/italys-no-vote-might-ecbs-silver-lining/
Italian uncertainty is pushing the ECB to deliver ‘bare minimum’ on Thursday, analyst says. The resounding “no” vote in Italy’s weekend referendum may have put another cloud over Europe’s financial landscape, but there could be ...
Hangover Awaits as OPEC Celebrates Its Biggest Accord in Years
https://alaricsecurities.com/hangover-awaits-opec-celebrates-biggest-accord-years/
Agreement to cut output will work only with self-compliance Unintended consequence: U.S. shale drillers will benefit, too Let OPEC celebrate. For now. The oil club is dizzy with its own success after a harmonious meeting ...
This ETF has jumped sevenfold since the start of the bull market
https://alaricsecurities.com/etf-jumped-sevenfold-since-start-bull-market/
Since the start of the bull market in March 2009, Wall Street stocks have nearly quadrupled, with the major indexes currently trading near record levels. A tiny small-cap value fund, however, has more than doubled ...
Trade with a Broker Who Understands Real Traders!
https://alaricsecurities.com/trade-u-s-markets-broker-understands-real-traders/
Alaric Trader provides prime and electronic brokerage solutions for professional and active traders. With the Sterling Trader and Lightspeed professional trading platforms, we offer the lowest commissions and best executions available, globally. Our extensive broker connectivity ...
Big Data Is a Big Mess for Hedge Funds Hunting Trade Signals
https://alaricsecurities.com/big-data-big-mess-hedge-funds-hunting-trade-signals/
Citadel, Winton Capital move to exploit new data sources Humans created huge amount of ‘low-grade data,’ says one quant It was big data’s big moment. The most unfathomable U.S. presidential race in memory gave Predata, ...
A Tiny Bond ETF Could Be Signalling the Start of a Big New Investing Theme
https://alaricsecurities.com/tiny-bond-etf-signalling-start-big-new-investing-theme/
A little-known, thinly-traded bond exchange-traded fund saw its assets soar on Friday in what could be indicative of the next big theme in ETFs. The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) attracted nearly ...
Opinion: Will Santa Claus save the stock market’s ‘Trump rally’?
https://alaricsecurities.com/opinion-will-santa-claus-save-stock-markets-trump-rally/
CHAPEL HILL, N.C. — Do you believe in Santa Claus? Many bulls on Wall Street evidently do. Every year as Thanksgiving approaches, brokers and analysts begin referring to an imminent Santa Claus Rally as a ...
Yellen says Fed may hike interest rates ‘relatively soon’
https://alaricsecurities.com/yellen-says-fed-may-hike-interest-rates-relatively-soon/
Doing little to dispel expectations of a hike as early as next month, Federal Reserve Chairwoman Janet Yellen on Thursday said an interest-rate hike could come “relatively soon.” Ahead of an appearance before the Joint ...