Century Communities Earnings Weigh As Hiked 2015 Guidance Gets Revised

Century Communities, Inc. (CCS) reported third quarter earnings on the evening of November 5th at the tail-end of a particularly challenging time for the stock. Going into earnings, CCS was down 35% from its 52-week and all-time closing high set in early September. CCS is still up 7.5% for the year, but the recent earnings … Read more

A Policy Island for the Fed: The Bank of England and U.S. Economic Data Isolate the Fed

This past week was an important one for monetary policy. The Bank of England (BoE) made clear it is willing to put off rate hikes as long as necessary. Despite its words that suggest otherwise, the Bank is NOT biased for action. U.S. Federal Reserve Chair Janet Yellen made it clear that, all else being … Read more

U.S. Dollar On the Edge of A Fresh Breakout Versus the Japanese Yen

As the hours count down to November’s jobs report for October, 2015, I have my eyes on potential currency plays. I noted earlier, I am now anticipating a continued breakout for the U.S. dollar index. After looking at individual charts, I am most intrigued by the U.S. dollar versus the Japanese yen. USD/JPY is on … Read more

The U.S. Dollar Is Ready For Lift-Off On Janet Yellen’s Latest Rate Hike Talk

The market is once gain gearing up for a December rate hike from the U.S. Federal Reserve. Today’s nudge came from Janet Yellen her first public commentary since last week’s decision on monetary policy. At that time, a simple and clever change in language convinced the market to pull in the month for a first … Read more

How the S&P 500’s Current Breakdown Increases the Odds of Further Selling

(This is an excerpt from an article I originally published on Seeking Alpha on September 8, 2015. Click here to read the entire piece.) This piece was inspired by a model of the stock market created by Daniel Moore in Seeking Alpha titled “Dow Sends Rare Signal At The August 2015 Month-End Close.” Moore’s model … Read more