Top News Headlines

  • 129 Dead, Over 500 injured in Paris Attacks
  • Retail stocks bludgeoned after earnings reports
  • Republicans and Democrats Debate, America Appalled At Choices
  • Stocks fall, bonds rally, oil craters
  • Selfish brats protest adulthood, demand to be coddled in University demonstrations
  • Economic News

  • Neil Kashkar named head of Minneapolis Fed
  • Eurozone growth slows, industrial output down again, exports weaken
  • US import & export prices fall again
  • Retail sales disappoint, inventories continue to build
  • Random Thought Of The Week

    Is there a connection between what happened in Paris this week and the demonstrations we’ve been seeing at US college campuses this week? With the random violence that has marked their lives, from 9/11 to Madrid to London to Paris, is it any wonder that today’s college student wants – demands – to be protected from the real world? Is it surprising that they want to extend their childhood and the perceived protection it offers?

    Chart Of The Week

    This week’s chart of the week comes from Alhambra’s new technical research partner, Momentum Structural Analysis. These charts compare the 7-10 year Treasury ETF to the High Yield ETF, just another way of looking at credit spreads. MSA concentrates, as the name implies, on momentum and in this case it favors IEF over HYG.

    Broad Market Top 10 – 3 Month Returns

    MOMENTUM ASSET ALLOCATION MODEL

    SPDR Sector Returns – 3 Month Returns

    SPDR SECTOR ROTATION MODEL

    Country Returns Top 10 – 3 Month Returns

    Commodity Returns Top 10 – 3 Month Returns

    Bond Returns Top 10 – 3 Month Returns

    Stock Valuation Update