Retaliation threats, intense lobbying and an emphasis on alliances explain how some countries got steel exemptions. Please consider the messy process that explains How Some Countries Won U.S. Tariffs Exemptions while others didn’t. An hour before the global tariffs took effect, the White House released proclamations signed by President Donald Trump that temporarily exempted select countries from the…
Friday’s commitment of traders (COT) report for gold and silver offered more of the same. Which is to say the gold futures action was boring and the silver action was strange and exciting. Starting with gold, the large speculators – who, remember, tend to be wrong at big turning points – got a little less…
Fundamental Forecast for US Oil: Bullish US Crude Oil Price Outlook Bullish After Break Above Resistance. Crude Oil Bulls Turn Spotlight to Demand Ahead of Trade War Clarification. Trading USD Pairs? Our IG Client Sentiment follows traders’ positioning on key Dollar-pairs like EUR/USD, GBP/USD and USD/JPY. It was a strong week for Oil prices, led by gains on Tuesday and Wednesday that are holding…
This week, I blithely accumulated call options on Goldman Sachs (GS) ahead of and after the Federal Reserve’s latest declaration on monetary policy. I assumed that the Fed’s calming influence would remind market participants that the economy is fine and the prospects are good. Under that scenario financial stocks would do well as long-term interest rates firmed…
Time Warner (TWX) investors face a “win-win” scenario with the antitrust trial for AT&T’s (T) proposed takeover now under way in Washington, Andrew Bary of Barron’s writes. Time Warner shares “look appealing, based on their underlying value and AT&T’s strong chances of winning,” Bary contends. He notes the stock closed Friday roughly $11 below the…
James Watson, who co-discovered the double-helix structure of DNA in 1953, will lead a new international life science research center in the International Bio Valley, located in Shenzhen’s Dapeng New Area (see story). A groundbreaking ceremony was held last Friday with Dr. Watson in attendance. The new research center, which may be called the Watson Research…
Stocks rocked on Friday as heavy selling comes into the market. In this crucial weekend video newsletter we look at the risks and opportunities for next week. All traders and investors need to be on high alert because the opportunities will come and go with or without you.
We are still a few weeks away from big bank earnings results that now serve as the unofficial starting point of the reporting cycle since Alcoa relinquished that role following its split. Officially, however, the reporting cycle has gotten underway, with results from 13 S&P 500 members already out at this stage. All of these…
The renewed sell-off in equities is the most important market development. The S&P 500 was sold in eight of the past ten sessions for a two-week drop of more than 7%. The threat of a trade war did not spark the decline, but it appeared to provide extra fuel. The S&P 500 shed 2% before the…
Lancaster Colony (LANC) has a dividend track record that few companies can rival. The company has increased its cash dividend for 55 consecutive years after the February increase to 60 cents per share quarterly. Continuous quarterly dividends have been paid since 1963 and that makes LANC one of just 14 companies in the entire market with a…
