Weekly Flow Report: 12/21/2011

Jan
16

What Trends Do ETFs Exhibit During Holiday Months? TrimTabs Demand Index at 76.24

The TrimTabs Demand Index (TTDI), which uses 21 flow and sentiment regressions to time U.S. equities, closed at 76.24 on December 20 – comfortably north of the neutrality line of 50.0. The TTDI model portfolio is 2 times bullish (200% long) because the TTDI is greater than 75.0. Note that the TTDI was 200% leveraged long on November 25, right before the market surged, and currently is signaling a strong finish to the year… Read More

International Liquidity Update 12/10/2011

Jan
16

Investment Flows: December has seen no break in the bearish grip on global markets. Foreign equity funds have posted outflows for the fifth week in a row, and ETF outflows for the first two weeks of December are already matching the total for all of November.

Supply and Demand: New equity issuance in Asia, Latin America, and Western Europe totals $14 billion in December, down from $18.8 billion in November.

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TrimTabs Says Inflows Into Checking and Savings Accounts Eight Times Higher Than Inflows into Stock and Bond Mutual Funds and ETFs in First 11 Months of 2011. Retail Investors Shun Speculation and Stuff Money under the Mattress.

Jan
13

Sausalito, CA – January 13, 2012 – TrimTabs Investment Research said today that in the first 11 months of 2011, investors poured eight times more money into checking and savings accounts as they did into stock and bond mutual funds and exchange-traded funds. “The Fed is doing almost everything in its power to entice investors to speculate in overpriced asset markets,” said TrimTabs Executive Vice President David Santschi. “But retail investors aren’t taking the bait.” Read More

Schnapp’s Macro Musings 1/13/2012: Explaining Unemployment and the BLS

Jan
13

This past week I was asked several questions about the BLS’ December unemployment rate and the BLS’ employment estimate. The questions clearly indicated that the questioners did not know the two estimates come from different BLS surveys – the unemployment rate from the Household Survey and the employment number from the Establishment Survey… Read More

Santschi’s Daily Edge 1/12/2012: The Real Money Goes under the Mattress

Jan
12

Checking and Savings Accounts Get More Than Eight Times More Money Than Stock and Bond Mutual Funds and Exchange-Traded Funds in First Eleven Months of 2011.

The Federal Reserve is doing almost everything in its power to entice investors to speculate in overpriced asset markets. Yet investors are generally refusing to embrace speculation. The real money these days is going under the mattress… Read More

Santschi’s Daily Edge 1/11/2011: The Problems with Giant Corporations

Jan
11

Why Should Anyone at a Company That’s Too Big to Fail Ever Earn a Bonus Higher Than the Salary of the President of the United States? The Financial Stability Board in November released a list of 29 “systemically important” financial companies that will have to raise their core tier 1 capital levels above the requirements of Basel III and submit to tighter regulatory scrutiny…Read More

Schnapp’s Macro Musings 1/11/2012: BLS Estimates Likely Too High

Jan
11

Today I’d like to provide an update to our video post last week discussing the difference between our December jobs estimate of 38,000 and ADPís estimate of 325,000. Since then, the BLS released its December jobs estimate that said the economy added 200,000 new jobs. While the BLS estimate is substantially lower than ADP’s estimate it is much higher than TrimTabs. So what gives? Read More

Real Money Goes under the Mattress. Checking and Savings Accounts Get More Than Eight Times More Money Than Stock and Bond Mutual Funds and Exchange-Traded Funds in First Eleven Months of 2011.

Jan
10

The Federal Reserve is doing almost everything in its power to entice investors to speculate in overpriced asset markets. Yet investors are generally refusing to embrace speculation. The real money these days is going under the mattress. In the first 11 months of 2011, investors poured a stunning $889 billion into checking and savings accounts. This inflow is more than eight times higher than the $109 billion that flowed into stock and bond mutual funds and exchange-traded funds… Read More

Companies Committing Less Cash to Repurchase Own Shares

Jan
09

Many strategists have crowed about the record amounts of cash on corporate balance sheets. What has received much less attention is that companies are committing less of that cash to repurchase their own shares… Read More

TrimTabs’ Weekly Flow Report: 12/14/2011

Jan
08

Special Focus: Separate Accounts Flows for Q3 2011. We estimate that separate accounts lost $79.4 billion in Q3 2011, the largest outflow in six quarters, based on data from the Informa Investment Solutions Plan Sponsor Network. Separate accounts shed $198.8 billion in Q1 2010… Read More

Charles BidermanCharles Biderman is the Chairman of TrimTabs Investment Research and Portfolio Manager of the TrimTabs Float Shrink ETF (TTFS)

Biderman’s Practices of Success

I recently launched a new online course, Biderman's Practices of Success, on Curious.com (curious.com/charlesbiderman). The key to the practice of success is to be fully present in the moment and to be totally engaged in the important areas of life, particularly when we do not want to be. Read More.

Mr. Charles Biderman is an associated person of Trim Tabs Asset Management, LLC, an SEC-registered investment adviser. All opinions expressed by Mr. Biderman on this website are solely those of Mr. Biderman and do not reflect the opinions of Trim Tabs Asset Management, LLC, Trim Tabs Investment Research, Inc., their affiliates (collectively, “Trim Tabs”), or any other associated persons of Trim Tabs. No part of Mr. Biderman’s compensation from Trim Tabs is related to opinions which he expresses on this website, elsewhere on the internet, or in any other medium.

You should not treat any opinion expressed by Mr. Biderman as a recommendation to make an investment in any company discussed or cited in any of his postings. Mr. Biderman’s opinions are based upon information he considers credible, but which does not constitute research by Trim Tabs. Neither Mr. Biderman nor Trim Tabs warrants the completeness or accuracy of the information upon which Mr. Biderman’s opinions are based.

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