Agency-Execution firm WallachBeth Capital's Andy McOrmond, a recognized expert in ETF order execution for leading investment managers and RIAs appearing on CNBC with his [personal] thoughts as to whether now is, or is not the time to "go with the flow." Talking points: SPY v. VYM...$HEDJ and more.. Click on…Read More
MarketsMuse Editor Note: Below excerpt courtesy of ETF Industry Icon Ron Delegge from his best selling Gents with No Cents is a great teaser for any and all wing-tip types who are looking for a fun read while enjoying the July 4 holiday weekend. Ron's day job includes publishing the…Read More
As if it were a segment in "Orange is the New Black," the price correlation between Crude Oil (aka Black Gold) and the Yellow Metal continues to swing like a chandelier in a windy mansion. Below extract courtesy of Neil Azous, from today's a.m. edition of Rareview Macro's Sight Beyond…Read More
Courtesy of Benzinga via MarketWatch The hotly-anticipated initial public offering of GoPro GPRO +8.52% this week is one of the largest consumer electronics debuts of the decade. Shares surged more than 30 percent on Thursday from its IPO opening price of $24 per share, as the company raised $427 million…Read More
Conflict of Interest is Of Interest to Senate Panel Members "just learning about" industry-rampant Payment For Order Flow Schemes . Market Structure To Be Re-Structured? Excerpts below courtesy of The Wall Street Letter's on the spot coverage of the U.S. Senate investigation of Wall Street's affection for high-frequency trading aka…Read More
MarketsMuse Editor Note: Finally, the topic of payment for order flow, the questionable practice in which large brokerage firms literally sell their customers' orders to "preferenced liquidity providers", who in turn execute those orders by trading against those customers orders ( using arbitrage strategies that effectively guarantee a trading profit…Read More
Extract courtesy of Spencer Jakab, Wall St. Journal. Full article available via clicking on WSJ logo on left side.. "..Now that volatility has emerged not only as a concept but an investment in its own right, there probably is no putting the genie back in the bottle. And while portfolio…Read More
Below extract courtesy of this a.m.'s edition of Rareview Macro's Sight Beyond Sight..(Re-published with permission from Neil Azous) [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] Here is an aggregation of the various statistics either sent to us from subscribers or we came across during our readings this weekend.…Read More
Courtesy of Reuters News May 28 (Reuters) - BlackRock Inc Chief Executive Larry Fink said on Wednesday that leveraged exchange-traded funds contain structural problems that could "blow up" the whole industry one day. Fink runs a company that oversees more than $4 trillion in client assets, including nearly $1 trillion…Read More
Courtesy of one of our reader's sighting this a.m.'s comments from Rareview Macro LLC's "Sight Beyond Sight", we're compelled to cite the original source: [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] "...For the first time in months the setup is compelling enough for us to short US Fixed…Read More
A Fund-Company Chief Embraces Technical Analysis MarketsMuse Editor Note: In the course of rifling through the onslaught of today's mid-day trading desk talking points sent to us courtesy of top gun traders at major Wall Street firms, the theme has been ripe with "support levels" i.e. the most followed stocks…Read More
Extract below courtesy of NY Times and reporter David Leonhardt Relative to corporate earnings over the previous 10 years, the Standard & Poor’s 500-stock index is still less expensive than over much of the last 15 years. But it's more expensive than at any other time over the last century,…Read More
MarketsMuse Editor Note: Though we typically focus on using a high-touch approach to aggregating the more topical and poignant ETF, Options and Macro-Strategy news items, the nearly never-ceasing diatribes re market structure and the impact of "high-frequency trading" which has either been incited or simply elevated by Michael Lewis's…Read More
For readers focused on expert views re: the precious metals, and in particular Gold, below a.m. note courtesy of macro-themed analyst Paul Krake to his "View From The Peak" audience of institutional investment managers provides a "bid-on" to market observations made last week by Neil Azous, principal of "bespoke macro…Read More
Excerpts from this a.m. edition of Rareview Macro "Sight Beyond Sight" could be comforting to those who "don't want to sell in May and go away" * tickers referenced in the a.m. note include : $SPY $QQQ $GLD #FX $TBT • The Argument for S&P 500 to march to…Read More
Below excerpt courtesy of Brendan Conway's April 17 Focus on Funds MarketsMuse Editor Note: Brendan's article deserves front page focus, but in the process of publishing this piece, a bigger story has emerged and the internet has been overwhelmed by stories that suggest pro-Putin militants in East Ukraine…Read More
Below excerpt courtesy of this a.m. edition of Rareview Macro's "Sight Beyond Sight" "..The call today by the professional community for a retracement of the recent weakness in Equities is very loud... This viewpoint disregards the fact that S&P 500 futures are already 2.5% higher than Monday's intra-day low. The…Read More
In connection with the 1st Annual ETF Awards hosted by ETF.com, the world’s leading authority on exchange-traded funds, agency execution firm WallachBeth Capital was selected “ETF Market- Maker of the Year” by a panel of judges representing prominent firms from across the ETF industry. The announcement was made during a…Read More