With the DAX 30 reaching a new monthly low this morning, silver prices may rally once again. Technical Trend Is Bullish Above $14.90 Silver prices are consolidating after yesterday’s strong gains and traders will probably see a break to yesterday’s high of $14.49 as an opportunity to add to their bullish exposure. On a break to the high, silver may…
Masco Corporation (MAS – Analyst Report) is one of the leading cabinetry manufacturers in the U.S. and holds one of the largest shares in faucets. The company is also one of the major national installers of insulation for new homes. Its popular brands include KraftMaid and Merillat cabinets, Delta and Hansgrohe faucets, Behr paint and Milgard windows. …
Big biotech is about to go on a shopping spree to replenish their pipelines as many small cap biotechs are selling for lows not seen since 2011. Here are three likely candidates that might get snatched up soon for big premiums. Few sectors of the stock market have been hit harder in 2016 than the…
It all started in mid/late 2014, when the first whispers of a Fed rate hike emerged, which in turn led to relentless increase in the value of the US dollar and the plunge in the price of oil and all commodities, unleashing the worst commodity bear market in history. The immediate implication of these two…
Breaking up the big banks might provide some visceral joy, but it’s not clear to me that solves the key problem of financial fragility in modern capitalist systems. I recently talked on C-SPAN’s BookTV about my book, Lost Decades , coauthored in Jeffry Frieden. In it, I recounted the story of how, by hubris and ignorance of…
Photo Credit: Anime Nut Walt Disney Co. (DIS) Consumer Discretionary – Media | Reports February 9, After Market Closes Walt Disney (DIS) is scheduled to report its FQ1 2016 earnings February 9, after the market closes. Despite beating on the bottom line quarter after quarter, Disney shares have failed to reflect this trend. In the past…
Under $20 Oil? Oil dipped below $30 again today. As usual dip buyers or shorts covering pushed the price positive for a while. This time, however, the bounce did not last even one day. Oil is flirting with $29 and Junk Energy-Bond Costs Soar. The cost for U.S. high-yield energy companies to borrow in the bond…
Research firm Piper Jaffray warned that PayPal (PYPL) continues to face increased competition, which may weigh on its results. Meanwhile, the company announced a change in its Chief Technology Officer. Piper sticks with sell rating: Other leading digital payment systems are becoming more competitive with PayPal’s offering, according to well-known Piper Jaffray analyst Gene Munster….
BHP Billiton (BBL) is the largest publicly traded mining corporation in the world.The mining behemoth is one of Australia’s top dividend stocks. The downturn in metal and energy prices has deeply affected BHP Billiton’s operations.The company’s share price has collapsed. BHP Billiton stock is trading around absolute lows not seen since the Great Recession. Source: Finviz Despite the decline in metal…
During the day on Wednesday, we get a handful of mid-level announcements on the United Kingdom, European Union, and the Federal Reserve Chairwoman is speaking before Congress. Because of this there could be some volatility, but at the end of the day we do not expect any major changes. AUD/USD finds support The AUD/USD finds…
