TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Cramer pointed out that the real key to SunEdison’s success is the business structure. Last May, SunEdison spun off a portion of its legacy semiconductor wafer business. That allowed SunEdison’s main solar business…
It is a no-brainer that low oil prices have been nothing short of a godsend for stocks in the airline space. Just when Ebola fears were wreaking havoc on airline stocks in 2014, oil prices started to dip from over $100 levels, courtesy an over-supplied oil market as demand remained lackluster. Since fuel costs account…
EUR/USD The EUR/USD pair rose during the course of the session on Monday, as we broke above and towards the 1.12 handle. However, there is more than enough support below that even if we get from here, and should be a buying opportunity. Given enough time, I fully expect to see this market reach towards…
Investors are always looking for new vehicles to make money. They move from one financial instrument to another in search of the pot of gold at the end of the rainbow. But most investments are not very stable and they offer more opportunities to lose money than to make it. While equity trading has been…
A Snapshot of the US Economy Reveals a Positive Picture for Now…… If we look at the major averages heading into Good Friday, the picture is generally positive for the US economy. The Dow Jones Industrial Average gained 13.14 points, or 0.08% to close at 17,515.73, the NASDAQ Composite Index gained 4.64 points, or 0.10%…
This morning silver prices slid below the March 16 low of $15.22, which has triggered losses and a short-term bearish trend. The business press reports that precious metals are softer on a stronger dollar. The short-term trend defining level for silver is the March 28 high of $15.39, as it’s the latest swing high and preceded…
Written by Doug Short and Steven Hansen The Conference Board Consumer Confidence Index improved to 96.2 in March from the February final reading of 94.0. The market expected (from Bloomberg) this index to come in between 91.9 to 96.0 (consensus 94.0). Note that this data is considered preliminary, and the cutoff for these results was 17 March 2016….
“Energy needs lower prices to maintain financial stress to finish the rebalancing process; otherwise, an oil price rally will prove self-defeating as it did last spring,” Goldman’s Jeffrey Currie recently wrote, on the outlook for crude going forward. The rally off the lows has largely stemmed from the market’s hopes for an output freeze from…
Does money buy happiness? And at what exchange rate? And how do I get the most happiness from a buck of money? Happiness research, based on surveys of life satisfaction, has addressed these issues, with implications for both personal behavior and the economic forecast. Happiness is measured by a variety of surveys asking people how…
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth was unchanged from last month’s 5.7%. The authors of the index say “While rising home prices are certainly a factor deterring home purchases, individual financial positions are more important than local housing market conditions” 20 city unadjusted home price rate of growth accelerated 0.0…
