Wednesday, March 4, 2020

Info!! High Yield, Depression Functioning In Addition To Other Marketplace Ideas

* Unyielding Yield Play - One dominion that's held consistently inward the recent marketplace is that reaching for yield has toll investors inward performance. I took a await at the FINRA data in addition to the numbers were eye-opening. Here are the advance/decline numbers this past times calendar week for bonds inward their investment degree index in addition to bonds inward their high-yield index (in parentheses):

Tuesday, Nov. 18th: 1611/1232 (347/639)
Monday, Nov. 17th: 1374/1422 (317/650)
Friday, Nov. 14th: 1540/1140 (401/555)
Thursday, Nov. 13th: 1379/1471 (360/631)
Wednesday, Nov. 12th: 1607/1390 (334/728)

As nosotros tin see, advancing bonds in addition to decliners accept been pretty fifty-fifty for the final 5 trading days amidst the investment degree issues. Decliners accept been ahead of advancers past times well-nigh 2:1 amidst the high-yield bonds, however.

Significantly, nosotros had 266 out of 3211 investment degree bonds traded on Tuesday brand fresh 52-week lows, less than 10% of the group. Among high-yield bonds, 285 of the 1118 bonds traded made novel annual lows, to a greater extent than than 25% of the group. Bond pricing is an fantabulous view gauge, when you lot consider that pricing is reflecting perceived odds of default.

* Twitter Update - You may accept noticed that I'm adding to a greater extent than weblog links to my Twitter posts; I'll also last tracking daily coin stream figures for the Dow, amongst about observations well-nigh stream numbers specific to marketplace sectors. Subscription to the Twitter postings is free, of course; you lot tin sign upwards on my Twitter page or merely rail the final 5 posts on the weblog nether "Twitter Trader".

* Blog Traffic - We hitting novel lows today; the marketplace was actually ugly throughout the session. Still, I'm non seeing the expansion of weblog traffic the agency I did during the Oct routs. Over the weekend, the numbers were to a greater extent than consistent amongst levels seen at marketplace tops, equally I noted inward a Twitter post. It's non a perfect measure, but it's held upwards pretty good during this catamenia of weakness.

* Free Webinar - Dave Mabe of StockTickr is speaking at the Las Vegas Traders Expo tomorrow, in addition to his verbalize on automated trading volition last webcast gratis of charge. Sweet.

* Lots of Good Reading - Fresh links from The Kirk Report, including a await at sector P/E ratios in addition to to a greater extent than problem ahead from derivatives.
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