Steen Jakobsen, Saxo Bank’s CIO and chief economist is back with real predictionsfor 2016, following yesterday’s “Outrageous Predictions”. Important Notes What follows is a guest post by Jakobsen, with my comments at the very end. I dispense with usual blockquotes (indentation).Everything starting from “Steen’s Chronicle” is his. I corrected a few typos and reformatted things slightly…
It’s like the “morning after” a big night on the town when enthusiasm was high but you had reality to deal with next. Let’s turn back the clock to the pre and post Yellen rally. Bulls seemed to get exactly what they wanted, a slight increase in the interest rate along with “dovish” language. So…
The Chart of the Day belongs to MGP Ingredients (NASDAQ: MGPI). I found the alcohol and alcohol products stock by using Barchart to sort the Russell 3000 Index stocks first for the highest number of new highs in the last 20 trading sessions than again for technical buy signals of 80% or better. I use the Flipchart feature to review the charts….
The Chart of the Day belongs to MGP Ingredients (NASDAQ: MGPI). I found the alcohol and alcohol products stock by using Barchart to sort the Russell 3000 Index stocks first for the highest number of new highs in the last 20 trading sessions than again for technical buy signals of 80% or better. I use the Flipchart feature to review the charts….
Venture capitalists get price protection when they invest but investors in the public offering of a venture stage company don’t. Here is how I define my terms: “Price” is valuation. Specifically, the pre-money valuation—or price to buy the entire company given the terms of an offering. “Protection” refers to deal terms (e.g., ratchets, liquidation preferences,…
Strategy; Candlestick pattern/ Chart pattern/ breakout/ trend following Price fail to test and break the high of 14/12/2015 which is 133.515, given us signal to go short as the bears are preparing to take more charge. After a sharp upside retracement (129.718 – 134.551) of a previous downward move (136.939), yesterday’s candlestick formation was shooting…
There is going to be carnage in the casino, and the proof lies in the transcript of Janet Yellen’s press conference. She did not say one word about the real world; it was all about the hypothecated world embedded in the Fed’s tinker toy model of the US economy. Yes, tinker toys are what kids used…
Rethinking Volatility On paper, that would seem pretty simple to execute a low-volatility strategy; select stocks with low measures under Standard Deviation (the variability of a stock price) and/or Beta (a measure of variability relative to a benchmark, often the S&P 500). But what’s good on paper isn’t always good in real life. That’s because…
In spite of the countless articles on ZeroHedge and innumerable appearances by the likes of Peter Schiff on television, all the good reasons to own precious metals for the past four years have been utterly urinated upon. I sold my silver a couple of months ago out of disgust, and boy, am I glad I…
On Tuesday, the day before Yellen’s historic rate hike, the S&P closed at 2,043. Today, the day after a Fed announcement which everyone cheered overnight as simply fantastic, perfect, “dovishly goldilocks”, and countless other superlatives because it sent the market surging, the S&P closed at…. 2,042. In the process all the euphoric gains from the widely telegraphed Yellen announcement…
