A sign on the door of Opportunity reads Push. – Anonymous The financial sector has pulled back nicely and as investors, in general, are not focusing closely on this sector, which is a perfect opportunity to take the role of a contrarian; now might be the time to put some money into banks. One simple way…
So, we know US production keeps falling and now its seems the major offshore oil plays are due for a sharp production pullback also. I am of the opinion this is putting a floor on oil prices and part of the reason I chose to short the DTO. I am not saying oil prices rocket back…
Because well, it’s only the thing I am most obsessed with in the financial markets… Gold-Oil (GLD-USO) Gold vs. Commodities (DBC) Gold vs. US Stock Market (SPY) Gold vs. Euro-hedged European Stocks (HEDJ) Gold vs. Silver (SLV) This one is going to go in line with what the US dollar does. Decision point at hand.
Since the invention of the microchip in 1971, the device has multiplied by the trillions at exponentially lower costs, creating more chips per person and a revolution in human communication. Yet people have trouble applying the same logic to the multiplication of dollars. Why not? With more dollars we’ve been able to foster a revolution…
As a follow-up to today’s weak retail sales report (see Autos and Restaurants Positive in Overall Weak Retail Sales Report; Last Month’s Sales Revised Lower), today’s business inventory and sales report is downright anemic, also with negative revisions. Bloomberg Econoday offers these comments on business inventories. There’s evidence of economic weakness coming from inventory data where inventories are being kept down but…
Well, we’ve seen this movie before. I’d say “I told you so” but that’s getting boring and, after all, the headline for yesterday’s post was “China’s 20.4% Import Collapse Has Us Testing S&P 2,000 Again” so it’s not like it was a subtle prediction. Last Friday, despite the rally it was “Earnings Iceberg Dead Ahead”…
Jack Ma – the Founder Chairman of Alibaba – released a letter in response to recent movements in the stock and fears about the Chinese consumer. Linked here (and quoted below) is the Business Insider story about that letter. “All in all, China’s economy has immense potential. It will not be easy, but China’s future ‘economic…
Lose Money, Live Better? Wal-Mart Stores, Inc. (WMT) is the world’s largest retailer. They are engaged in the operation of mass merchandising stores, which serve their customers primarily through the operation of three segments, which are the Wal-Mart Stores segment, the SAM’S Club segment and the International segment. Wal-Mart today provided its strategic outlook and…
The technology sector is more likely to report above par earnings than other sectors as the demand for technology and innovation remains high. However, technology stocks are considered to be more volatile than other sector specific stocks in the short run. In order to minimize this short-term volatility almost all tech funds adopt a growth…
Investing in the retirement phase of your life cycle often requires a different mindset towards generating income or positioning in a more conservative manner. While there is nothing wrong with those pursuits, it may not appeal to those who are more comfortable taking risks or don’t rely heavily on spendable income from their retirement accounts….
