For many investors, today marks the end of the year, but it is ending on a favorable note. The combination of the FOMC meeting and the SNB adoption of negative interest rates underscored the dollar and equity bullish divergence theme. It struck us that too many people were doing all kinds of mental and verbal gymnastics…
Curis, Inc. (Nasdaq:CRIS), a drug development company seeking to develop next generation targeted small molecule drug candidates for cancer treatment, today announced that the first patient has been treated in a Phase I clinical study of CUDC-907 in patients with relapsed or refractory lymphoma or multiple myeloma. CUDC-907 is an orally-administered first-in-class small molecule drug…
Peter Schiff talks about Swiss Nation Bank (SNB), Swiss Franc and the Euro. Audio Length: 00:22:48
The new program by TiE Silicon Valley aims to help scale Indian startups globally to reach $1 billion in value. Photo Credit: Shutterstock, Adorable newborn wearing a hat, bow-tie and glasses and holding a one hundred dollar bill TiE Silicon Valley, the Silicon Valley chapter of The Indus Entrepreneurs, announced its Billion Dollar Babies initiative, a new…
Gold prices ended Thursday’s session up 0.75%, or $8.88, to settle at $1198.03 an ounce. The XAU/USD pair tested the $1212 level but encountered resistance and dropped back below $1203 once again. The Fed’s pledge to “be patient in beginning to normalize the stance of monetary policy” has resulted in a positive sentiment but it also…
At this time of the year, when Santa Claus is making his list of who has been naughty and nice, optimists rub their hands in glee, anticipating a stocking full of goodies. Pessimistic believers resign themselves to something worse. In pension land, if you embrace fiduciary change, the incoming head of the U.S. Senate Finance…
Online Trading Academy Article of the Week by Sam Evans, Online Trading Academy Many years ago in the very first trading class I ever took, my instructor told us a vital truth about the markets: Trading is simple but far from easy. Looking back I don’t think I really took much notice of the vital importance…
The trend on a global basis is getting really scary. Our forecasts have been computer generated and are by no means my personal opinion of what I would like to see. This is getting to be really horrible as government simply go after more and more money without any consideration what happens when you have…
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 421 = 17,778 SPX + 48 = 2061 NAS + 104 = 4748 10 YR YLD + .05 = 2.20% OIL – 1.88 = 54.59 GOLD + 9.00 = 1198.90 SILV + .13 = 15.98 If you were waiting for confirmation, you got…
I am ecstatic that the majority of my client base had 65%-70% long exposure in lower-volatility stock ETFs over the last two trading sessions. The S&P 500 picked up roughly 4.5%, which means that these portfolio balances rose approximately 3.0% since the U.S. Federal Reserve promised to be “patient” with respect to raising overnight lending…
