The Morning Call
Tuesday in the charts.
Margin debt confirms market exuberance.
December is the best month of the year for stocks.
Short call buying accelerates.
Weekly mortgage applications fell 1.2%; purchase applications were down 5.0%.
The November small business optimism index was reported at 101.4 versus predictions of 105.0.
October Japanese machinery orders rose 17.1% versus estimates of up 2.8%.
The October German trade balance was E18.2 billion versus forecasts of E18.0 billion.
November Chinese CPI declined 0.6% versus consensus of -0.2% (must read).
Breakeven inflation is breaking out.
More on inflation.
Q4 nowcast still shows moderate growth.
The problem with the ‘Great Reset’.
Stocks on a long monetary leash.
Our national debt denial.
The vaccine works.
Millions of tenants headed for eviction in January.
Home country bias.
News on Stocks in Our Portfolios
Mastercard's (NYSE:MA) board allows the company to buy back up to $6 billionof its class A common shares under a new share repurchase authorization.
The board also declared a quarterly cash dividend of $$ cents per share, up 10% from its previous dividend.
What I am reading today
Visit Investing for Survival’s website (Home | Investing for Survival | Investingforsurvival.com) to learn more about our Investment Strategy, Prices Disciplines and Subscriber Service.
Analyst's Disclosure: I am/we are long MA.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.