prev

[UNLOCKED] Keith's Daily Trading Ranges

We've made some new enhancements to Daily Trading Ranges - our proprietary buy and sell levels on major markets, commodities and currencies sent to subscribers weekday mornings by CEO Keith McCullough. Click here to view a brief video of McCullough explaining how to use it most effectively.

 

Subscribers now receive risk ranges for 20 tickers each day -  the last five of which are determined by what's flashing on Keith's screen and by what names subscribers are asking about. Click here to subscribe.

 

  • Bullish Trend
  • Bearish Trend
  • Neutral

INDEX BUY TRADE SELL TRADE PREV. CLOSE
UST10Y
10-Year U.S. Treasury Yield
1.87 1.69 1.85
SPX
S&P 500
2,036 2,118 2,102
RUT
Russell 2000
1,089 1,159 1,142
COMPQ
NASDAQ Composite
4,845 4,999 4,948
NIKK
Nikkei 225 Index
15,583 17,448 16,906
DAX
German DAX Composite
9,497 10,544 10,421
VIX
Volatility Index
12.82 18.40 13.28
USD
U.S. Dollar Index
93.77 95.18 94.47
EURUSD
Euro
1.12 1.14 1.13
USDJPY
Japanese Yen
107.51 110.74 109.79
WTIC
Light Crude Oil Spot Price
39.41 44.54 43.97
NATGAS
Natural Gas Spot Price
1.86 2.23 2.18
GOLD
Gold Spot Price
1,225 1,269 1,245
COPPER
Copper Spot Price
2.07 2.27 2.23
AAPL
Apple Inc.
105 110 107
AMZN
Amazon.com Inc.
586 647 633
MCD
McDonald's Inc.
126 130 128
XLU
Utilities Select Sector SPDR
47.81 49.65 47.93
NFLX
Netflix Inc.
92 102 96
KMI
Kinder Morgan Inc.
17.02 19.25 19.00


CHART OF THE DAY: S&P 500, Shiller PE & Forward-Looking Returns

Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye Financials analyst Josh Steiner. Click here to learn more.

 

"... Now consider the longstanding relationship described by Cliff Asness between current CAPE ratio levels [aka Shiller PE] and forward 10yr market returns (HERE). What he shows is that there’s a near perfect relationship between forward 10yr returns on the S&P 500 and starting CAPE ratio multiples over the last 85 years (see table below).

 

The market is currently trading at a CAPE ratio of 26.4x, which puts it in the 10th [the most expensive] decile. Forward 10yr real returns from this decile have averaged just +0.5% per year over the 1926-2012 period. The best period saw returns for this decile of +6.3% per year, while the worst saw losses of -6.1% per year."

 

CHART OF THE DAY: S&P 500, Shiller PE & Forward-Looking Returns - Cliff Asness Guide to CAPE implied future returns

Source: Cliff Asness, AQR (An Old Friend: The Stock Market’s Shiller P/E)


REPLAY | Healthcare Earnings Preview of Top Ideas and Q&A - $ZBH $ATHN $MDRX $MD $HOLX $ILMN

Key Earnings Previews Ahead of Healthcare Earnings Season

CLICK HERE to access the associated slides.

 

 

 

Join Hedgeye Healthcare Sector Head Tom Tobin and analyst Andrew Freedman today at 12:00PM ET as they discuss their top ideas and what they will be focused on as earnings season progresses.

 

Topics will include:

  • ZBH: Read-through from SYK and JNJ earnings
  • ATHN: Tracker Update, will they miss the doc count?
  • MDRX: latest thoughts on attrition
  • MD: Maternity Tracker Update
  • HOLX: Facility Penetration by MSA
  • ILMN: Opportunity or is the end just beginning?

Have a question on a specific name? there will be a live q&A session at the end of the show!


investing ideas

Risk Managed Long Term Investing for Pros

Hedgeye CEO Keith McCullough handpicks the “best of the best” long and short ideas delivered to him by our team of over 30 research analysts across myriad sectors.

Cartoon of the Day: Painting Themselves Into A Corner

Cartoon of the Day: Painting Themselves Into A Corner - Central bankers in corner cartoon 04.20.2016

 

The #BeliefSystem that central planners can arrest economic gravity is breaking down.


5 Worrisome Charts Via Financials Analyst Jonathan Casteleyn

Takeaway: Two words .. be careful.

5 Worrisome Charts Via Financials Analyst Jonathan Casteleyn - Bull SCREAM 01.06.2015

 

Below are five charts and brief analysis from Hedgeye Financials analyst Jonathan Casteleyn.  Spoiler Alert ... all is not well in credit markets, equities and the U.S. economy.

 

You can follow him on Twitter @hedgeyeJC.

Click on Each chart to enlarge

#1

Global growth is on fire for sure!

 

5 Worrisome Charts Via Financials Analyst Jonathan Casteleyn - JC bond yields 

 

#2

S&P 500 earnings to be up +11% for 2018? Giddy up (not)!

 

5 Worrisome Charts Via Financials Analyst Jonathan Casteleyn - JC s p earnings expec

 

#3

Upgrade to Downgrade ratios in corporate credit has ALWAYS lead equity prices and the ratio is declining again

 

5 Worrisome Charts Via Financials Analyst Jonathan Casteleyn - JC upgrade downgrade ratio

 

#4

The current short squeeze in EM stocks is right within the +20% gain which has happened 8 times since '11

 

5 Worrisome Charts Via Financials Analyst Jonathan Casteleyn - JC EM

 

#5

U.S. distressed rates lead defaults and the distressed category is again breaking out for a new bankruptcy cycle

 

5 Worrisome Charts Via Financials Analyst Jonathan Casteleyn - JC default


U.S. Economy Enters Most Difficult Part of Cycle

 

In this brief excerpt from The Macro Show, Hedgeye Senior Macro analyst Darius Dale discusses how the U.S. economy has entered the toughest part of the cycle and why our growth estimate remains so bearish.


Early Look

daily macro intelligence

Relied upon by big institutional and individual investors across the world, this granular morning newsletter distills the latest and most vital market developments and insures that you are always in the know.

next