The Swiss central bank is now the eighth largest investor in publicly traded shares of Facebook following the Swiss Central Bank Buying Spree. Switzerland’s central bank now owns more publicly-traded shares in Facebook than Mark Zuckerberg, part of a mushrooming stock portfolio that is likely to grow yet further. The tech giant’s founder and CEO has…
For a central bank, deflation is the starting point which makes inflation the emphasis. So long as there is a “small” amount of positive inflation then economists have suggested deflation, thus depression, becomes impossible. The reason for that belief is twofold, first having to do with the margin for “error”; that is a small positive…
Since Apple decided it would be a great idea to try to dodge U.S. taxes, they’re now getting pummeled by European tax authorities many years later. In other words, the money that might have flowed to our own country is instead going to Europe. Well done, Apple. You can take that smug, stupid “Designed in California” notice off of all your…
The market is actually seeing a mild amount of selling today, even though it really isn’t anything to really brag about. S&P 500 (SPX) is back below the 20-day moving average which has been key to a sell-off all along. You have to be careful about not adding too many shorts at this point in your trading….
I’m going to use the GDX as a proxy for the rest of the PM stock indexes. I can now say with a fair amount of confidence that the first consolidation phase is taking place. Lets start with just a simple daily chart for the GDX which is showing a small unbalanced double top with the…
Hey, everyone! Every month, we live in a world that we pay for our expenses on a typical monthly basis. Most people budget monthly based on their food, shelter, car and other entertainment or daily needs. You know what I personally love about my bills? If something else is paying them for me! One fun…
Ian Bezek joins us on the show. Ian talks about how he tries to invest in 100 baggers and takes time to detail his entire process for finding, researching, and ultimately making the decision to buy. Audio Length: 00:30:20 (A bunch of bags. 100 baggers? Maybe?) A few highlights: The book that best represents his portfolio…
It may often be quite helpful to find out how your overall portfolio is actually doing over a given period of time as opposed to merely estimating such a result. While it may not be difficult to see how individual funds themselves have done by looking at sites such as Morningstar or at various other…
Now that we’ve discussed the general concept of value, there seems to be some confusion on what type of value will be best to use. Generally speaking, there are three types of value that are commonly used. The first is the TPO derived value. This is based upon the amount of time the market spends at…
The US Conference Board Consumer Confidence measure beat expectations with a score of 101 in August, the highest in nearly a year and above 97 points expected. The small downwards revision for July’s number does not seem to ruin the party. The US dollar is on a roll since Friday’s Jackson Hole events. Fed Chair Yellen said, albeit with a…
