After several back-and-forth sessions last week, bullish momentum finally reemerged on Wall Street, boosted by encouraging economic data from China and Europe. Meanwhile, investors digested the latest minutes from the Fed, which were “inadvertently” sent early to several individuals from Congress and various trading groups. The minutes showed that committee members are still divided on the timeline for ending the central bank’s aggressive stimulus measures. Investors are also turning their attention to the first quarter earnings season; overall, analysts have somewhat low expectations for this quarter’s earnings season, which has some investors thinking companies will once again beat expectations [see 10 Questions About ETFs You've Been Too Afraid To Ask].
Below, we outline seven insightful articles circulating around the financial space this week:
- So What if We Had a Flat Tax? at Crossing Wall Street
Since the “fiscal cliff” debacle, the issue of taxes has come to the forefront once again. In this article, Eddy Elfenbein discusses what he thinks could happen if the U.S. had a simple flat tax.
- A Value Rally, or Defensive Sector Rally? at Humble Student of the Markets
Equity markets have been on somewhat of a tear since the begining of 2013, with major indexes tapping into uncharted territory. In this article, Cam Hui takes a closer look at the value and defensive sectors, pointing out some noteworthy observations.
- Using Bond Market Data To Trade Stock Index Futures and ETFs at NAS Trading
When it comes to constructing trading strategies, one of the most important concepts to grasp is how key markets are related and interconnected. In this piece, Nat Stewart discusses how bond market data can be a useful tool for stock index futures and ETF traders.
- A Big Challenge For Many Traders at Joe Fahmy: The Next Big Move
Here is another insightful trading piece, written by Joseph Fahmy, which discusses the various hurdles many traders face today; according to Fahmy, Quantitative Easing ranks as one of the top issues.
- A Look Inside the US Stock Market at All Star Charts
Though major U.S. equity indexes have continued to clock in all-time highs in recent months, some corners of the market have not fared as well. In this article, J.C. Parets takes a look at the S&P Sector ETFs, highlighting which have been doing well, and which haven’t.
- Goldman Cuts Gold Targets in Note for Traders at The Goldwatcher
Across the board, gold has had somewhat of a rough first quarter, with several fundamentals affecting investors favorite “safe-haven.” In this article, John Katz discusses Goldman Sachs’ latest move – cutting its 2013 gold outlook.
- The Market is Rigged at Points and Figures
Yesterday, several individuals from Congress and some trade groups were “inadvertently” sent the Fed’s minutes a day early. In this piece, Jeff Carter vocalizes his thoughts on how this is just one example of how he thinks the markets are rigged.
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Disclosure: No positions at time of writing.