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Securities Lending

SLB Update: ETF Largest Short Value Per Sector


These were the 15 ETFs with largest short value on 8/10/17.

 

The analysis in this article is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


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Technical Analysis

Nasdaq Technical Take: Gold ETF ready to move?


With the major equity indices on pace to finish in the red for the second consecutive week, it is no surprise the safe havens like treasuries and the yen are catching a bid.  Included in that is spot gold which is having its best year since 2010.  Gold is up 13% YTD and today is breaking out above a 4-month resistance line, 1,296, to fresh YTD highs.  The size of the prior four month consolidation range carries a measured move +6% to 1,378.  It is critical for gold to hold above the 1,296 – 1,300 range, otherwise the risk of a false breakout and sharp reversal lower is high.  If gold can hold above this range and resume its early 2017 uptrend, the gold miner ETF, ticker GDX, should follow suit and likely with strong momentum.  Over the last six months the GDX has been forming a descending triangle pattern of which it is now testing its declining resistance line.  
 
Price action has been coiling for weeks and the width of the weekly Bollinger Bands are just beginning to expand from their narrowest range ever.  An upside breakout from a large consolidation pattern with band expansion from an extreme narrow range, indicates the ensuing trend would be powerful and could go on longer than many would expect.  

Nasdaq's Market Intelligence Desk (MID) Team includes: 

Michael Sokoll, CFA is a Senior Managing Director on the Market Intelligence Desk (MID) at Nasdaq with over 25 years of equity market experience. In this role, he manages a team of professionals responsible for providing NASDAQ-listed companies with real-time trading analysis and objective market information.

Jeffrey LaRocque is a Director on the Market Intelligence Desk (MID) at Nasdaq, covering U.S. equities with over 10 years of experience having learned market structure while working on institutional trading desks and as a stock surveillance analyst. Jeff's diverse professional knowledge includes IPOs, Technical Analysis and Options Trading.

Steven Brown is a Managing Director on the Market Intelligence Desk (MID) at Nasdaq with over twenty years of experience in equities. With a focus on client retention he currently covers the Financial, Energy and Media sectors.

Christopher Dearborn is a Managing Director on the Market Intelligence Desk (MID) at Nasdaq. Chris has over two decades of equity market experience including floor and screen based trading, corporate access, IPOs and asset allocation. Chris is responsible for providing timely, accurate and objective market and trading-related information to Nasdaq-listed companies.

Brian Joyce, CMT has 16 years of trading desk experience. Prior to joining Nasdaq Brian executed equity orders and provided trading ideas to institutional clients. He also contributed technical analysis to a fundamental research offering. Brian focuses on helping Nasdaq’s Financial, Healthcare and Airline companies among others understand the trading in their stock. Brian is a Chartered Market Technician.

This article is from Nasdaq and is being posted with Nasdaq’s permission. The views expressed in this article are solely those of the author and/or Nasdaq and IB is not endorsing or recommending any investment or trading discussed in the article. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


14285




Stocks

Death of Retail? Check Out Macy's


As you’ve surely heard, Amazon is obliterating its competition.

The online retailer has flipped American commerce upside down. By offering products at lower prices, Amazon has captured huge chunks of business from traditional retailers like Sears and JC Penney’s.

As a result, Sears Holdings stock (SHLD) has dropped 86% since 2012… JC Penney stock (JCP) has dropped 81%... meanwhile, Amazon stock (AMZN) has surged 285%.

The “death of retail” narrative is now conventional wisdom. But Tom Thornton, a data-driven analyst who has spent much of his career studying market sentiment, has a contrarian idea: buy Macy’s (M).

Real Vision TV, the network that’s been described as “Ted Talks for finance,” recently discussed this idea with Thornton.

Thornton liked Macy’s as a “short” a few years ago. But at its current (much lower) valuation, he believes Macy’s may be a good deal. This is largely due to its real estate portfolio, which includes extremely valuable property in Chicago and New York City’s Herald Square:

“I'm looking at Macy's right now. A few years ago when it was at $70, it was my favorite short. And it was worth $30 billion at that time. Currently it's worth about $7 billion. They have $6 billion in debt. And they have $15 to $20 billion in real estate”

“But they've also done a lot of the hard work by closing stores over the last year. They have sales of $25 billion. And they make about $600 million a year in earnings…”

Click here to watch the full interview segment.

Real Vision TV is the world's first video on demand platform for finance and investing. It features in-depth, short-form and long-form interviews, presentations and documentaries with the world’s best investors, independent analysts, economists, geo-political strategists and policy makers. It now has paying subscribers in over 100 countries around the world. Our customers include some of the world’s most famous money managers along with students, RIA's, investment professionals, financial service professionals and home investors.

This video is from Real Vision TV and is being posted with Real Vision TV’s permission. The views expressed in this video are solely those of the author and/or Real Vision TV and IB is not endorsing or recommending any investment or trading discussed in the video. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

This video is from Real Vision TV and is being posted with Real Vision TV’s permission. The views expressed in this video are solely those of the author and/or Real Vision TV  and IB is not endorsing or recommending any investment or trading discussed in the video. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


14283




Stocks

Nasdaq Market Intelligence Desk - Equity Market Insight August 18, 2017


As of 11:45AM

  • NASDAQ Composite +0.2% Dow -0.12% S&P 500 +0.05% Russell 2000 -0.05%
  • NASDAQ Advancers: 1088 Decliners: 1066
  • Today’s Volume: +13%

Markets are trying rebound this morning after yesterday’s sharp pull-back, the largest since May. Semiconductor (+0.4%) stocks are the best performing group this morning, helped by some positive quarterly results. Gold prices are streaking higher and moving back to its early November highs. Crude Oil has given its initial gains, now lower for the 4th out of the 5 sessions.

  • Over the past 6 days, the S&P 500 has experienced a trend not common in 2017. The large-cap index has swung by more than 1% (+/-) on 3 prior days, and the reactions are often driven by Washington DC.  The last time the S&P 500 moved by more than 1% (-1.8%) was on August 10th when North Korea concerns were at their height.  And on May 17th tension in Washington DC spilled over in the markets after report that the President asked FBI Director Comey to shut down an investigation into former National Security advisor Flynn.
  • The Nasdaq Composite will need to need to see a strong rally (>+0.5%) this afternoon or it will finish lower for the fourth consecutive day, a streak the index has not seen since April 2016.
  • Applied Materials is a top performer on the Nasdaq 100, up more than 2% after reporting record revenue and optimistic guidance. Ross Stores as bucked the earnings trend in the Retail space, up ~10% this morning on the heels of strong customer traffic, giving the company the confidence to raise their 3rd quarter forecast. Micron will close out this week posting its largest weekly gain since March. The company’s surge started on Monday on positive analyst comments surrounding the tight memory chip supply, which would help Micron’s pricing for the rest of the year.

 

Nasdaq's Market Intelligence Desk (MID) Team includes: 

Michael Sokoll, CFA is a Senior Managing Director on the Market Intelligence Desk (MID) at Nasdaq with over 25 years of equity market experience. In this role, he manages a team of professionals responsible for providing NASDAQ-listed companies with real-time trading analysis and objective market information.

Jeffrey LaRocque is a Director on the Market Intelligence Desk (MID) at Nasdaq, covering U.S. equities with over 10 years of experience having learned market structure while working on institutional trading desks and as a stock surveillance analyst. Jeff's diverse professional knowledge includes IPOs, Technical Analysis and Options Trading.

Steven Brown is a Managing Director on the Market Intelligence Desk (MID) at Nasdaq with over twenty years of experience in equities. With a focus on client retention he currently covers the Financial, Energy and Media sectors.

Christopher Dearborn is a Managing Director on the Market Intelligence Desk (MID) at Nasdaq. Chris has over two decades of equity market experience including floor and screen based trading, corporate access, IPOs and asset allocation. Chris is responsible for providing timely, accurate and objective market and trading-related information to Nasdaq-listed companies.

Brian Joyce, CMT has 16 years of trading desk experience. Prior to joining Nasdaq Brian executed equity orders and provided trading ideas to institutional clients. He also contributed technical analysis to a fundamental research offering. Brian focuses on helping Nasdaq’s Financial, Healthcare and Airline companies among others understand the trading in their stock. Brian is a Chartered Market Technician.

This article is from Nasdaq and is being posted with Nasdaq’s permission. The views expressed in this article are solely those of the author and/or Nasdaq and IB is not endorsing or recommending any investment or trading discussed in the article. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


14284




Technical Analysis

GE a Leading Indicator of an Impending US Recession?


Major stocks such as GE (the third largest manufcaturing firm in the US) are not playing the game and have broken down, usually the sign of an impending recession.
 

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Disclaimer: This content is from Real Vision Publications and is being posted with Real Vision Publications’ permission. The views expressed in this newsletter are solely those of the author and/or Real Vision Publications and IB is not endorsing or recommending any investment or trading discussed in the video. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


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Disclosures

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The material (including articles and commentary) provided on IB Traders' Insight is offered for informational purposes only. The posted material is NOT a recommendation by Interactive Brokers (IB) that you or your clients should contract for the services of or invest with any of the independent advisors or hedge funds or others who may post on IB Traders' Insight or invest with any advisors or hedge funds. The advisors, hedge funds and other analysts who may post on IB Traders' Insight are independent of IB and IB does not make any representations or warranties concerning the past or future performance of these advisors, hedge funds and others or the accuracy of the information they provide. Interactive Brokers does not conduct a "suitability review" to make sure the trading of any advisor or hedge fund or other party is suitable for you.

Securities or other financial instruments mentioned in the material posted are not suitable for all investors. The material posted does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before making any investment or trade, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice. Past performance is no guarantee of future results.

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