Earlier today, we brought you some excerpts from Goldman’s year ahead S&P outlook which is now ricocheting around the financial media and should serve to further embolden retail investors who are just fine with Goldman as long as the Squid is telling them what they want to hear (in this case that the market is going to…
Another trading day, another down day for prompt month natural gas. That is now 6 out of the last 7 trading days that have seen losses for the December natural gas contract, and yet even with further losses today we have not entirely closed the gap below. The continued trend recently has been losses almost…
Brien Lundin joins me today to shares his thoughts on the range bound gold market. Considering gold is still up around 10% this year it is really not getting any attention. We ask the question where is the momentum going to come from? Audio Length: 00:13:15
“We are slow to master the great truth that even now Christ is, as it were, walking among us, and by His hand, or eye, or voice, bidding us to follow Him. We do not understand that His call is a thing that takes place now. We think it took place in the Apostles’ days, but we…
The former Federal Reserve Chairman doth protest too much, methinks. The answer to why Ben Bernanke is still defending QE is obvious. Had it worked, I mean really worked, he would be today universally hailed as the greatest monetary steward since Bagehot. Though he wrote a book trying to cast himself in that way, the…
International Business Machines Corp. (NYSE: IBM) is an old-school tech firm that the millennial generation may not be all that familiar with. And one of the firm’s most famous shareholders, the very old-school Warren Buffett, sold off yet more of the technology giant’s stock in the third-quarter. In 2011, the world’s most affluent investor acquired a 5.5% stake in…
“Davidson” submits: History often reveals truths which counter the myths of near term thinking. The phrase, “This time is different”, has been debunked so often that it should be a sign of someone speaking without any historical perspective. Little recognized is the pattern of Fed Funds rate changes since 1953. The Fed has a long…
The Chart of the Day belongs to Fanhau (FANH).I found the Chinese insurance broker by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the chart for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/1 the stock gained 147.68% Fanhua Inc. is…
WTI/RBOB bounced today in anticipation of a reversal of the last two week’s builds in crude inventories, and bulls were not disappointed by the API print. Jan ’18 WTI pushed above $57 but RBOB fell after a big crude draw (though gasoline build). “It looks like we are going to get a draw in crude oil inventories. That’s…
Asia followed the strong US sentiment encouraged by better than expected data. Much of the moves however, can also be explained by increasing capital flow away from troubled areas. Mondays flow was forced after news that the German Chancellor Angela Merkel failed to form a government suggesting new elections. With the Euro losing ground we…
