Yes, I am still compiling my bearish watch-list each and every week, and rarely has there been a day in the past year, where it has come in use. Nonetheless, I remain vigilent in its preparation and once again, I provide it to you in one of the most bullish months of the year ….
Bitcoin worth continues its ascent nonetheless at a slower tempo than inside the earlier days. This is perhaps indicative of exhaustion amongst shoppers as a divergence might be materializing. Video Length: 00:09:05
Time has come again to look at PSU Banks. After the announcement of the recapitalization of PSU Banks by our respected Finance Minister, Mr. Arun Jaitely, PSU Banks has moved 30%-40% in 1 day. Now, the prices have filled those GAPS and look like ready to resume the uptrend. My 1st Pick is “Oriental Bank…
Natural gas is the new go-to source for electrical power. And the price of natural gas could become more expensive in 2018. Natural gas spent many years running a distant second to coal as a fuel for electricity. That wasn’t due to its properties. Natural gas is an excellent fuel that releases just two molecules…
WTI/RBOB inched higher on the day ahead of tonight’s API data and then knee-jerked higher as the data showed a much-bigger-than-expected 5.2mm crude draw. API Crude -5.2mm (-440k exp) Cushing +70k Gasoline +2.001mm (+2.45mm exp) Distillates -2.85mm (+250k exp) A very mixed bag as the series of crude draws continues and gasoline builds… This is the 5th…
The FOMC delivered on the expected 25-basis-point increase in its target range for the federal funds rate and has penciled in three more rate hikes for 2018. Of course, all of this future activity is “data-dependent.” How likely is it that the data will justify those three rate hikes, and what could go wrong? First,…
The Nikkei found it tough to follow other core Asian markets and closed with a small loss. Volumes were again light and even a declining currency didn’t help sentiment. The index had opened on a positive note, but the continued scandal surrounding some construction companies resulted in a lack of follow-through. Closing on its low…
Analysts Have A Great 2017 Analysts get a lot of flak when they get caught changing their price targets and recommendations after an earnings surprise. I sometimes criticize them to make sure investors know not to take their word as gospel. If you are a beginner, you might think the 12 month price targets are…
The economic data over the last two weeks continued the better than expected trend. Some of the data was quite good and makes one wonder if maybe, just maybe, we are finally ready to break out of the economic doldrums. Is it possible that all that new normal, secular stagnation stuff was just a lack…
There have been some great comments on silver and silver stocks today which times perfectly with my conversation with Doc. We look at the overall silver sector in terms of stocks that Doc has been buying. (Audio length 00:09:35)
