Never a dull moment with President Dennison. If this were a reality TV show, the ratings would indeed be “tremendous”. So Trump is right about that. And ironically, the reason he’s right about that is precisely because he isn’t right about anything else. That is, there is nothing more entertaining than watching someone who is wrong…
It is official: the price of gold breaks out. This implies that the gold bull market resumes, after a strong 7-year bear market, and it moves into a new bull market in 2018. We quickly review the thoughts from these 3 articles which we wrote in the last couple of months. The Gold And Silver Bull Market…
People who throw things out are my heroes. While you won’t see me on an episode of Hoarders anytime soon, let’s just say it’s a good thing I have a big garage. It’s filled with what I call “mementos” – and what my wife calls “junk” – from my life. But I can’t get myself to toss…
TSLA Misses Estimates & Stock Soars Tesla stock had been cratering in the past few weeks because of fears the firm would need to raise capital, that Elon Musk was an aloof CEO, and that the firm would miss Model 3 production expectations. Tesla’s guidance was for a production run rate of 2,500 per week….
Take a company’s revenues over a given period of time, deduct production cost and you will have earnings! Earnings growth interests all, right from the top brass to research analysts. And why not? If the company doesn’t make money, it won’t be able to stand the test of time. This metric is also considered a…
This update is in response to a standing request for real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq Composite. It includes the latest monthly close data. Here are two overlays — one with the nominal price, excluding dividends, and the other with the price adjusted for inflation based on the Consumer Price…
Well, that was quite the reversal. My highest profit of the day was pretty much the millisecond that the market opened. It was all downhill from there. A glance at XLB, the Materials ETF, shows that the market is having just a bit of trouble making its mind up. The bulls had two big…
The US stock futures markets had slumped badly in the overnight session due to the escalating ‘trade war’ with China. And as you can see, stocks made a dramatic turnaround and finished markedly higher on the day. Silver was off a bit and gold closed virtually unchanged after having rallied in a flight to safety in the…
Allergan plc (NYSE: AGN) investors have enjoyed seeing the stock price increase by 16.9% over the last month. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let’s…
The choppy conditions spread across all three sectors today with volatility from Australia to America. The only common theme today appeared to be volatility, resulting in the rejection of both large gains and losses! The ASX recovered from a very weak open, whilst the Shanghai index lost all gains to close down on the day….
