‘We are in a currency war,’ says Jim Rickards, writer of The Death of Money. In 2011 we saw a weaker dollar, today we see a stronger dollar and Jim Rickards expects that we will see a weaker dollar once again soon enough. His message? Buy gold before it is too late… Strong…
The BUBBLE for 2015.75 should be the bond market – not stocks. The capital flows should move into the typical flight to quality mode and drive rates even lower. This will set the stage for BIG BANG. To accomplish that, we should see the stock markets tread water, but not necessarily drive off the cliff….
BlackBerry (NASDAQ:BBRY) is still trading above my usual $10.50 profit-taking level. I speculate that this excitement is due to the coming commercial launch of the QWERTY-style BlackBerry Classic. BBRY was also trending higher last year when the BlackBerry Z3 and the Passport was about to launch. BlackBerry missed revenue estimates last quarter (partly due to weak…
2015 marks my seventh annual list of ten clean energy stocks. An equal weighted portfolio of the ten stocks in each year’s list has outperformed my industry benchmark every year except 2013. 2014 was no exception, but it was a bittersweet victory in that the model portfolio was slightly down while the benchmark lost considerably…
Same slide, different day, as the crude crash continues, with both WTI and Brent tumbling to multi-year highs, below $49 and $52 respectively. This happened despite the news overnight that China is accelerating 300 infrastructure projects valued at 7 trillion yuan ($1.1 trillion) this year, suggesting that China will focus more on fiscal policy than monetary easing,…
Facebook Inc. (FB – Analyst Report) recently acquired Wit.ai, a firm that develops voice recognition technology for wearable devices and Internet-connected appliances. However, the financial details of the deal were not made public. Based in Palo Alto, CA, Wit.ai is an eighteen-month old company whose software can understand spoken words as well as written text phrased in “natural…
Next month marks the anniversary of the beginning of the Crimean crisis, in which a Russian-sponsored revolution of sorts resulted in the Crimean peninsula being seized by pro-Russia rebels. It’s been a long 11 months of back-and-forth sanctions that have resulted in the collapse of the Russian ruble. Whether Vladimir Putin believes it or not,…
The stock whisper of the day is: (MU) Video length: 00:04:25
A weekly closing in the Dow Jones Industrials below 17722 will confirm that the January correction where we have had that Panic Cycle due in the middle of the month is in play. This will open the door to a retest of the 16300 area. Keep in mind that we did NOTachieve the…
Private nonfarm payrolls in the US are projected to increase by 213,000 (seasonally adjusted) in tomorrow’s December update of the ADP Employment Report, based on The Capital Spectator’s median point forecast for several econometric estimates. The median projection is marginally above November’s increase. Two estimates based on recent surveys of economists point to a modestly…
