We’ve all heard a steady drumbeat of negative developments about oil, bad debt, sluggish economies, blah, blah for well over a year now. And we’ve seen some unsettling rallies in the VIX associated with all this, but now the AAII Sentiment Survey has just a 24% bearish reading. The mean is about 30% with one standard deviation…
Under the auspices of “protecting clients from criminal activity,” JPMorgan Chase has decided to impose withdrawal limits on certain ATM transactions. As WSJ reports, following the bank’s ATM modification to enable $100-bills to be dispensed with no limit, some customers started pulling out tens of thousands of dollars at a time. This apparent bank run has prompted Jamie Dimon…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. BonTerra Resources stock is up just over 70% in March and 146% in 2016. In March, BonTerra acquired nearly 1 Moz of gold at the Larder project and released great drill results on…
A graduate of Harvard Law School, Charlie Munger was given some solid advice by Warren Buffett, who said that law was fine as a hobby, but he could do better. A few years later, Munger left his law firm and started investing. Today he works with Buffett as vice chairman of Berkshire Hathaway. His net worth is about…
Game of Thrones has captured the imagination of an entire generation of fantasy and science fiction fans. Its unique storytelling and memorable characters have leapt from the screen and into our daily lives. If you search deep enough, you’ll quickly see that GOT offers up some important financial lessons for new and experienced investors looking…
A negative market mood is the best fuel for the Japanese yen. Safe haven flows are sending the currency to the highest levels against the USD since October 2014, when the BOJ introduced the second round of its QQE program. Oil prices as well as stocks in most of Asia are falling. The Panama Papers,…
In the past five years, soda has become less and less of a mainstay in American society. The volume of soda consumed has dropped 1% to 3% per year every year during that time. Diet soda has seen the worst of it, losing 2.5% to 6% annually during that time. “The number one fixation on…
The basis for the ongoing economic paradigm shift that seems to be manifesting in a slow, lingering slowdown (that is now more than year into contraction) in the US and global economies can be nothing but the withdrawal of banks from the necessities of the credit-based reserve currency. So far, the updated bank reports for Q4 last…
Cast your mind back to Friday – when payrolls confirmed everything for everyone and enabled more crowing from an establishment clinging to smoke and mirrors. It appears The Fed disagrees with the ‘awesome’ jobs market that BLS proposes as today’s Labor Market Conditions Index continues to push to its weakest since 2009, drastically divergent from the seemingly all-important…
Rising markets include biotech (IBB) which is seen in the chart below. One of the keys to successful trading and investing is knowing which markets are in up trends and which are in down trends. The goal is to be long the rising markets, and on the sidelines for the markets that are declining. The…
