Rising Rates Head and Shoulders Above Real Estate Assets Future Performance?

Posted Leave a commentPosted in Real Estate

This week, I’d like to share a weekly chart analysis of the iShares Dow Jones Real Estate (IYR) exchange traded fund. As illustrated, we have the formation of a classic head-and-shoulders technical pattern and the potential for more severe bearish price action. From a cyclical perspective, the certainty of a higher interest rate environment could […]

CryptoCurrencies Section Added to Hillbent Blog

Posted Leave a commentPosted in Cryptocurrencies

Although I have been following cryptocurrencies and sharing occasional news and opinions on Hillbent’s Facebook page, today I have decided to devote a specific category to these emerging digital currencies and the blockchain technology facilitating their existence. Coverage will be primarily devoted to the top 3 (i.e. Bitcoin, Ethereum, and Litecoin), which represent @ 70% […]

Equity Futures Intraday Update: November-30-2017

Posted Leave a commentPosted in Equities

  Market Condition Summary The major indexes are responding bullishly to what appears to be the eventual passage of tax reform legislation that favors corporations and enhanced profit opportunities for publicly traded companies. From a technical perspective, the markets are flashing overbought signals and appear to be getting ahead of themselves. At the very least, […]

View From the Hill: SP-500 Overbought Market Still Requires Respect

Posted Leave a commentPosted in Equities, Views From The Hill

Comments: The SP-500 (SPY) logged its 5th consecutive day and 4th consecutive week of new record highs. To state that equity markets are overbought would be an understatement. However, the recurring pattern in this market has been one of consolidation followed by breakouts, which represents a textbook confirmation of a bull market and should be respected by […]

Technology’s Capital Market Theme: Portfolio Protection With Cyber Security

Posted Leave a commentPosted in Equities

In early September, Equifax (EFX) announced a security breach that occurred back in mid-May 2017 and was discovered in late July 2017. Just yesterday, WholeFoods, a recently acquired division of Amazon (AMZN), reported a hack that may have compromised its customer data. Other high profile hacks thus far in 2017 have been Chitpotle’s (CMG) Payment […]

View From the Hill: Look for the Devil in the Details of Tax Reform Plan

Posted Leave a commentPosted in Views From The Hill

Comments Tax reform and a strong durable goods report were bullish catalysts for today’s equity markets. Taking exception were bonds, which made new lows as 10-year treasury rates confirmed a higher probability that Fed Chair Yellen will make good on yesterday’s word to hike in December. Consequently, US Dollar power surged to levels overwhelming the […]

View From the Hill: It’s All Fun and Games Until…

Posted Leave a commentPosted in Bonds & Fixed Income, Commodities, Currencies & Forex, Equities, Real Estate, Views From The Hill

Going into the weekend the equity markets are delivering mixed results. Outside of Bonds, Utilities, and Real Estate, the Fed announcement on monetary policy and unwinding its balance sheet had very little effect from a weekly perspective. Today, it appears Geopolitics has re-emerged as a toxic cloud over the broad markets  as tensions between North […]