Alibaba Group Holding Ltd (NYSE:BABA)’s inability to play nicely with regards to insider trading rules continues to be a point of concern for billionaire investor Mark Cuban. He argues the mega Chinese e-commerce company should never have been allowed to have their shares listed in the U.S. since the company has its headquarters in a…
My answer? Maybe. Not so helpful, eh? I will say this, however: we are at levels now not seen since the deepest depths of the financial crisis (remember that? It was about 300 years ago or so). I think energy is in serious trouble long-term, but I’ve stepped up with a medium-sized long position. Oh, and…
I’m told by my government keepers the economy is booming, jobs are being added by the millions, home prices are rising, and consumers are spending. Then why did foreclosures in the country jump by 6% over the prior year, marking the first increase in 26 months? This real data doesn’t match the government storyline. RealtyTrac…
The Dow still has support at 17235. A closing beneath this level is necessary to form a sustained correction. This is both on a daily and weekly basis. Holding that level warns we are just in a choppy phase. We will be producing a special report on the share markets for 2015 since this will…
Year-over-year import prices deflated again this month, whilst export prices also significantly deflated. Oil price indices declined but food price indices slightly increased this month – there were a lot of deflation in all sections of imports and exports. with import prices down 1.5% month-over-month, down 2.3% year-over-year; and export prices down 1.0% month-over-month, down 1.9% year-over-year.. the markets were expecting: Econintersect follows this…
A Brief Update of Rydex Ratios There is no need to say much to this, except to state that the Rydex ratio indicator has reached fresh heights of absurdity … almost 25 times more assets are now invested in bull & sector funds than in bear funds. This is a full seven times more than…
Note from Talkmarkets editors: This article discusses one or more penny stocks. Penny stocks are easily manipulated; please do your own due diligence. I recently read an article entitled, “Graphite One is Dead Money.” The author did a good job of pointing out the attributes of the Graphite One Resources (GPHOF) story. And I commend the writer for…
The markets have been more tumultuous than usual in recent days. There were two developments that are important for investors to know about, but many likely missed. First, yesterday the U.S. reported the November budget deficit. At $56.8 bln, it was more than 10% less than economists projected. The budget shortfall in November 2013 was $135.2 bln….
Regional banks had underperformed the bigger, better-known banks last year and in the early part of this year thanks to low interest rates which led to a narrowing spread between long- and short-term rates. This hurt the net interest margin earned by banks, which a key metric for the sector. However, the end of the…
China’s central bank, like many other central banks, targets a specific level of inflation, in China’s case it is 2%. Received economic wisdom has it that a low level of annual price inflation is good for the economy and that deflation (negative inflation) can produce a drag on the economy by dampening consumer demand. Recent…
