The infamous, Wall Street “Santa-Rally” commences Wednesday, and lasts through the first two trading sessions of the new year. It isn’t foolproof, but history, has dubbed this one of the more bullish periods of trading for the stock market. Not to mention, it is accompanied by the lowest volume period of the year. This “Santa…
2017 Was The Perfect Year? With bitcoin falling 45% from its peak in just a few days, stock investors are still sitting pretty as there have only been four 1% daily selloffs in the S&P 500. As you can see from the chart below, this is by far the lowest amount of daily 1% selloffs…
The rebound for gold and silver off the lows associated with the recent Non-Farm Payrolls and FOMC continued with gold taking and holding 1280 and silver putting a stick in the ground above 16.50.I lightened up on a largish short term position I had put on at the time. I did circle these instances of…
Nomura Instinet analyst Christoper Marai believes Mallinckrodt’s (MNK) $18 per share deal to buy Sucampo Pharmaceutals (SCMP) “substantially” undervalues the latter, noting that he attributes $29 per share in value to its Phase 2/3 asset VTS-270 for Niemann-Pick Disease Type C1 alone. The low deal price could create interest from other parties, though his talks…
According to the latest BLS data, average hourly wages for all US workers in November rose at a stubbornly low 2.5% relative to the previous year, well below the Fed’s “target” of 3.5-4.5%, as countless economists are unable to explain how 4.1% unemployment, and “no slack” in the economy fails to boost wage growth. Another problem…
TM Editors’ Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence. ETF Managers Group LLC just announced that its cannabis-focused ETFMG Alternative Harvest ETF (NYSE:MJX) has officially started trading. Previously trading as the Tierra XP Latin America Real Estate ETF, the fund now focuses…
A lot of modern equity theories and research is based on Betas or how individual stock movements relate to the underlying stock index. But much of the data is “dirty” or at best unreliable for basing investment decisions on. As noted in a previous article, betas for individual stocks can diverge quite significantly compared to…
With the year quickly coming to a close, it might be time to start thinking about rebalancing the gold holdings in your portfolio. That includes bullion, jewelry, gold stocks and well-managed gold funds—all of which I recommend giving a collective 10 percent weighting. Because it’s been such a strong year for stocks—they’ve advanced more than…
While many gold market technicians have been neutral to slightly negative about gold in the short term, I’ve been extremely positive. As of today, I’ve become outrageously more positive. To understand why that is… Double click to enlarge this spectacular daily gold chart. I’ll dare to suggest that gold investors have behaved very well this…
