Last year I expressed the concern that the global economy of the future might be excessively influenced by a black box economy – China. But as 2016 has picked up the turmoil that 2015 started, it’s become clear that this is not the global economy of the future. It is the global economy we are dealing…
Gann Angles and Cycles guide the market like road signs! Read the Mark Twain quote in the image, are you one of the fooled and still holding your FANG (Facebook (FB),Apple (AAPL), NetFlix (NFLX) and Google (GOOGL) portfolio! Here is the latest view. Gann Angles Hurst and Fixed (Kitchin Cycles) NOTE: readtheticker.com does allow users…
It appears by the total lack of coverage that the utter collapse of Europe’s banking system is entirely irrelevant to the “fortress-like” balance sheets of U.S. banks… but it is not. Once again today, US financials saw bonds dumped across the senior and subordinated segments… …and while U.S. financial stocks have fallen hard year-to-date, if credit is right…
The question that seems to be on every investor’s mind is “When will the stock market stop falling?” I can’t tell you how many times over the past few weeks I’ve heard market strategists share their views on when the stock market will bottom out. I am always amazed that people think you can predict…
Photo Credit: Wangdangle Groupon, Inc. (GRPN) Consumer Discretionary – Internet & Catalog Retail | Reports February 11, After Market Closes Groupon is scheduled to report fourth quarter earnings February 11, after the bell. Despite beating on the bottom line in the past 3 quarters, Groupon has been unable to establish market share in its core business. The…
I shorted GDXJ and GDX into the huge strength today.
Analysis in CanOils’ newest report “Upstream M&A in Canada Falls Away at Beginning of 2016” shows that the Canadian oil and gas upstream sector only saw Cdn$1.7 billion worth of M&A transactions in December 2015 and January 2016 combined. While this value is low, the two months did see their fair share of intriguing and…
There’s an ongoing catastrophe taking place in Ecuador. Not only has a significant part of the Amazon been polluted by toxic waste oil left behind from the wonderful folks at Texaco when the company started drilling for oil in Ecuador back in the 1970’s, but the low oil price has totally gutted the oil industry….
Yesterday, I provided to you the evidence that oil may never again reach a triple digit price. Today I am going to tell you what will replace it. Sony Corp. (SNE) invented the lithium ion battery in 1991 to power its high end consumer electronics products. It is now looking like that was a discovery…
The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate hike this past December, she confidently cited an “economy performing well and expected to continue to do so.” The Fed set the stage for more rate hikes in 2016. But something…
