What do modern stock market analysts and 17th century Japanese rice traders have in common? A little more than you may think. In fact, both have been known to be fond of a very particular charting technique to describe trading sessions. Today, we call this style of stock chart a candlestick chart, and it is…
Yesterday, in a landmark 3-2 vote, the Federal Communications Commission (FCC) approved a sweeping rollback of rules that were stumbling blocks to consolidation in the media and entertainment industry. FCC’s new proposals will bring an end to several longstanding rules designed to limit the monopoly of local broadcasters. U.S. media accounts for a staggering one…
As the Federal Reserve is set to see a new leader, the one area all eyes will continue to watch is the diversion between the S&P 500 and rates on U.S. Treasuries, specifically the 10-year. The two, historically, have moved in tandem, meaning as the S&P 500 rose, so did the yield for the 10-year Treasury. And when…
The US 10 year yield is at 2.34% and compared to utility dividend stocks: American Water Works (Dow Jones Utility: AWK) dividend of 1.87%. NiSource (Dow Jones Utility: NI) dividend of 2.58% and American Electric Power (Dow Jones Utility: AEP) dividend of 3.25%, the question is, which asset class do you trust to provide a return for 10…
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The key to making money in cryptocurrency is simple. Buy. Hold. That’s it. Yes, you need good security too. But the most important thing is simply being able to hold on during volatile years. Many are tempted to take profits after they’re up 2X or even 5X. Both would be a mistake (unless you desperately…
Home construction activity bounced back in October from several months of appreciable weakness. It may have been hurricane related where plans and projects delayed by the path of Harvey and Irma were finally cleared to resume. More likely, in my view, it was just the normal variation that the construction figures always have exhibited. Total…
In an era where Amazon steals most of the headlines, it’s easy to forget about brick-and-mortar retailers like Walmart. But, even though the market values the Bezos e-commerce juggernaut at about twice the sum of Walmart, the blue big-box store is very formidable in other ways. For example, revenue and earnings are two areas where…
