Gold and silver gave back a little of their gains from last week in lethargic trade. There was very little delivery activity at The Bucket Shop. Nova Scotia delivered 4,300 ounces of gold from their house account to the house of JP Morgan. This brings the monthly gold total to an underwhelming 9,100 ounces. A…
It’s scrappy, but today was the turn of bears to attack Friday’s gains. Not much to offer other than scalping day trades in this kind of market. The index to suffer most was the Russell 2000. It lost over 1.5% as it reversed all of Friday’s gain and then some. The index is close to…
Crude oil prices are exhibiting all the signs of an increasingly difficult funding environment. The front end of the futures curve is being bent dramatically in relation to even close maturities just outside the next few months. Such contango is the obvious imprint of finance, though that is not to say that economic expectations are…
2015 Breadth Versus 2007, 2008, 2010, and 2011 Market breadth speaks to the percentage of stocks participating in a stock market rally. All things being equal, the broader the participation the healthier the market. In this article, we will examine breadth for both the S&P 500 and NYSE Composite Stock Index. We will also examine…
Why did Square go public? To make its venture investors richer. That’s why. As for the public, they can live with a stock that stays $12 forever. This is, quite seriously, what the chart looks like for almost its entire life as a public entity. Three words. Pa. The. Tic. It could be worse, of course. They…
Why did Square go public? To make its venture investors richer. That’s why. As for the public, they can live with a stock that stays $12 forever. This is, quite seriously, what the chart looks like for almost its entire life as a public entity. Three words. Pa. The. Tic. It could be worse, of course. They…
Tesla Motors (NASDAQ:TSLA) has had some heavy developments this year announcing the Powerwall and officially launching the Model X. However the company’s stock has been flat for the year. With the relatively aggressive pricing of the Model X, demand for the powerwall and the giga-factory being put in place, Tesla looks set for a good year. However, does…
Colgate (CL) has been one of the most successful dividend growth stocks over the last few decades and is one we are watching closely for our Top 20 Dividend Stocks portfolio. Like many other consumer staples businesses, CL benefits from strong brands, dominant market share positions, and financial strength to invest heavily in new product innovation…
The precious metals markets rallied strongly in recent days – action which came as a surprise to many. The gains last week snapped a 6-week losing streak for gold, silver, and platinum. Prices rose despite a stronger-than-expected November jobs report raising the odds the Fed will hike interest rates later this month. Perhaps silver and…
Good news is often bad news. The Nov. jobs figures show that while the unemployment rate remained at 5%, some 211,000 new hires took place that month. Moreover, the Oct. figures were revised upwards. That means the Fed will raise interest rates for sure at its meeting in two weeks. That means Mexico and Canada…
