Shanghai Gold Exchange Sees 61.8 Tonnes Withdrawn In Eighth Large
And the beat goes on…
Finance
Dollar Bulls In Charge, But Stretched Technicals May Test Convict
The US dollar rose against nearly all the major and emerging market currencies in the past week. The notable exception among the majors is sterling, where hawkish BOE comments and another rise in average earnings goaded the bulls. Among the emerging market currencies, only three rose against the greenback, South Africa rand, the Turkish lira, and…
Dollar Bulls In Charge, But Stretched Technicals May Test Convict
The US dollar rose against nearly all the major and emerging market currencies in the past week. The notable exception among the majors is sterling, where hawkish BOE comments and another rise in average earnings goaded the bulls. Among the emerging market currencies, only three rose against the greenback, South Africa rand, the Turkish lira, and…
Excessive Debt Continues To Restrain Economic Growth
by Erik McCurdy, Prometheus Market Insight The negative economic impact of excessive debt on the US economy has been carefully researched and studied for many years. In 2009, economists Carmen Reinhart and Kenneth Rogoff published their seminal analysis of the excessive debt phenomenon, This Time is Different: Eight Centuries of Financial Folly, demonstrating clearly that, once the…
Taking A Shower After Reading Garbage
Expect the political rhetoric and unsupportable statements to increase as we continue in this USA Presidential election cycle. The USA economy sucks (my technical word), and every Presidential candidate has the solution. But here is the problem – economics has a lot of theories but is void of real scientific proof any theory will work…
Greece Is Now A Full-Blown Humanitarian Crisis – In 9 Chart
The people of Greece are facing further years of economic hardship following a Eurozone agreement over the terms of a third bailout. The deal included more tax rises and spending cuts, despite the Syriza government coming to power promising to end what it described as the “humiliation and pain” of austerity. With the country having already…
The 9 Best Stocks For Value Investors This Week – 7/18/15
We evaluated 29 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. We also put each company through the ModernGraham valuation model based on Benjamin Graham’s value investing formulas in order to determine an intrinsic…
Horizon Pharma – Chart Of The Day
The Chart of the Day belongs to Horizon Pharma (NASDAQ:HZNP). I found the pharmaceutical preparations stock by using Barchart to sort today’s All Time High list for the stocks with the highest Weighted Alpha then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a by on 3/30 the stock gained 42.83%. Horizon Pharma plc is a…
EC Q2 Earnings
The big banks had an easier run this earnings season, with a combination of fewer litigation charges, tighter cost controls and modest improvement in core businesses giving earnings a boost despite constrained revenues as a result of the tough interest rate backdrop. But the going is a lot tougher outside of the Finance sector. The…
A Peek Under The Hood Of The New O’Leary Dividend ETF
Kevin O’Leary, of Shark Tank fame, has morphed into of the most polarizing investment figures on reality TV. Now he is taking his talents off-camera by releasing his first U.S.-listed exchange-traded fund focused on dividend paying stocks. The O’Shares FTSE US Quality Dividend ETF (OUSA) debuted this week to a great deal of intrigue by the financial media. Whether…