Market CommentaryMore Market Commentary
Trupanion Inc. is an insurance company that’s breaking out of a 19-week ascending triangle. This should make a good play within the current macro environment that’s favorable towards equities.
TRUP sells insurance, but not for humans. They sell it for pets. Customers pay a monthly subscription fee, and in turn receive coverage for 90% of their veterinary costs for unexpected accidents and illnesses, all without a payment cap.
TRUP has taken a business model already proven in Europe and bro...Read More
The big news to hit the markets on Wednesday was the story that OPEC has agreed to production cut for the first time in eight years. After the news hit the wires, crude futures jumped up over 200 points on the day, nearly 6% higher, with the November contract putting in a high at 47.45. It was the biggest upward move in the futures markets since April.
As of this writing, the story coming from a meeting in Algiers is that OPEC has agreed to drop production to 32.5 to 33 million barrels a day....Read More
Watching a professional sporting event, especially in the final moments, demonstrates perfectly how hard it can be to perform under pressure. The need for one final touchdown, or a goal can either drive the sportsman to achieve or collapse and fail to deliver.
So the real talent is down to how they manage such moments and the same is true when we trade or invest. The fact is most people fail to perform well when put under so much stress, no matter where it comes from.
So what can we do to hel...Read More
As signs continue to build warning of instability in equity and financial markets this autumn, we observe that the index of major U.S. banks is lagging in comparison to benchmarks such as the S&P 500, the NASDAQ 100, and the Russell 2000. While the other indices are making a better showing of testing areas near their 2015 highs, the KBW Bank Index may be on the verge of making another lower high.
This is important, because it appears to us that each of the major U.S. stock indices is working...Read More
As a man handles his troubles during the day, so he goes to bed at night a General, Captain, or Private.
Edgar Watson Howe
We would like to state that this article is not about politics but about the effect these two polarising individuals will have on the market. Before the debate, the outlook was somewhat favourable towards the Donald and immediately the markets reacted and started trending lower. Regardless of what you think of Trump, he is having the same effect as Brexit had on the market...Read More