Prompt month natural gas prices settled up less than a percent today after spiking earlier this morning. This came as Henry Hub cash prices ticked up higher over prompt on the day as well. In our Morning Update we had warned subscribers of exactly that, explaining that cash strength would put $2.72 and even $2.75…
Prompt month natural gas prices settled up less than a percent today after spiking earlier this morning. This came as Henry Hub cash prices ticked up higher over prompt on the day as well. In our Morning Update we had warned subscribers of exactly that, explaining that cash strength would put $2.72 and even $2.75…
For many, one of the most surprising impacts of the administration’s $50 billion in tariffs on Chinese imports announced recently has been a rocketing bond market. Since a recent low, the iShares 20+ Year Treasury Bond ETF (TLT) has jumped by 2.75 points, the largest move up so far in 2018. The tariffs are a…
It has been a very tough time since early January for crypto investors. At the last day of last year we alerted readers as well as paid subscribers that we believed cryptocurrencies had set a major though intermediate top, in this article Ripple Rises 10-Fold In One Month. Cryptocurrencies Setting A Major Intermediate Top. Our assessment…
Nasdaq Inc (NDAQ) delivered an above average 13.0% ROE over the past year, compared to the 8.3% return generated by the Financials sector. Nasdaq’s results may indicate management is running an efficient business relative to its peers, which may very well be the case, but it is important to understand what ROE is made up of…
Ginseng farmers in the red state of Wisconsin voted for Donald Trump. And they did so knowing their entire crop of cool ginseng is shipped to China! Tariffs are potentially in place for larger crops like Soybeans, as the trade war escalates, but ginseng is included. That ginseng, a desired cool ginseng superior to the…
It doesn’t look like the turmoil Facebook Inc (FB) is experiencing will end any time soon, despite analysts’ attempts to calm investor fears. Finally, we’re starting to see signs that one or two analysts are starting to see the new reality for Facebook stock. One analyst cut his FB price target, although he emphasized that he’s still…
On Apr 3, the United States unveiled the list of the Chinese imports which will come under fire from the proposed U.S. tariffs. Chinese products which are utilized in high-tech sectors like industrial robots, information technology, communication technology, aerospace, and medicine will bear the brunt of the tariffs. Notably, intellectual property theft by Chinese companies…
Here is a summary of the four market valuation indicators we update on a monthly basis. The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as the divisor (more) The Q Ratio, which is the total price of the market divided by its replacement cost (more) The relationship of…
The average American household has roughly 6% less spending power than it did a decade ago. How can that be? Hasn’t the economy been expanding at an appropriate clip since the Great Recession? Haven’t median incomes been rising briskly in conjunction with “full employment?” One of the problems may be attributable to demographic shifts. A…
