Monthly Archives: May 2018

Storage Wars

No, this piece is not about the TV reality show that has a gruff lot of hopeful entrepreneurs blindly bidding for the contents of abandoned storage lockers. With hyper-accelerating technology creating data at an exponential rate it is getting far too big to physically store. In 2017, more than $80 billion was spent on data…

Breakouts For S&P And Russell 2000

The S&P, Dow Jones Index and Russell 2000 all delivered clean breakouts on bullish technicals. Best of the Breakouts was probably the Russell 2000.The only disappointment was the relative loss against the Nasdaq. However, the index is ready to challenge January highs and resume the prior bullish trend.   The S&P edged its breakout on…

Crowdfunding In The Absence Of Liquidity Constraints

A forthcoming issue of the Journal of the European Economic Association will carry a study arguing that crowdfunding in the absence of liquidity constraints is a superior method of equity financing–superior to “traditional financing forms,” that is, unless those traditional financiers are fully competitive and perfectly informed.  By one estimate, global crowdfunding reached $195 billion in 2017….

General Finance – Chart Of The Day

The chart of the day belongs to General Finance Corporation (GFN). Since the Trend Spotter signaled a buy on 4/5 the stock gained 33.77%. General Finance Corporation provides mobile storage, liquid containment and modular space solutions. General Finance Corporation is headquartered in Pasadena, California. Barchart technical indicators: 100% technical buy signals 134.67+ Weighted Alpha 98.04% gain…

Is The US Becoming Japan 2.0?

The April jobs report in the US wasn’t great as there were misses across the board. The total jobs created was 164,000 which missed estimates of 191,000. The participation rate missed estimates for 62.9%, coming in at 62.8%. Furthermore, the year over year hourly earnings growth was 2.6% which missed estimates for 2.7% growth. Because…