The US central bank took its foot off the gas in October and decided to put an end to QE. We could easily state that, at the moment, the United States economy is standing on its own two feet without any monetary injections from the Fed. Although that is true, we cannot forget that the…
Investing In Automotive Dealership Dividend Stocks A while back I wrote an article titled, “Drive Your Way Towards Dividends,” where I discussed how the average age of automobiles on the American road stands at 11.4 years. Driving our cars longer than ever before, I highlighted many of the dividend stock beneficiaries of this trend. Names…
The Chart of the Day belongs to WD-40 (NASDAQ:WDFC). I found the stock by sorting the All Time High list for the stocks with the most frequent new highs in the last month then used the Flipchart feature to review the charts, Since the Trend Spotter signaled a buy on 10/20 the stock gained 12.76%. WD-40 Company sells a petroleum-based product,…
Putting aside money for an emergency is a good idea, but for an emergency fund to be fully accessible, it needs to be in a liquid asset. Liquid assets, like money markets and CDs receive low interest. So why is putting money aside that won’t grow a good investment? Reasons not to invest your emergency…
After the biotech reported that the NS5A drug of Achillion Pharmaceuticals, Inc.(NASDAQ:ACHN) combined with Gilead’s Sovaldi scored a quick cure among a small group of hepatitis C patients after only 6 weeks of treatment, the shares of Achillion rose high. Achillion shares went up more than 16% as company execs touted their “best-in-class” potential and…
Gold prices fell 1.5% yesterday, extending their losses to a second straight session, as the dollar rally eroded the appeal of the precious metal. The precious metal also faced pressure due to subdued inflation outlook and heightened appetite for more conventional assets (such as stocks). Both the Dow Jones and S&P 500 advanced to records on…
In a larger sense, the Fed is already intervening in the oil sector via its zero interest rate policy (ZIRP) and its unlimited liquidity for financial speculation. The problem with financializing a critical sector of the economy is the financialization process transforms it into a systemic risk. The trajectory of every financialized sector is the same:…
Noah Smith has an excellent post which is very critical of something John Cochrane wrote. I added a couple more criticisms in comments Your post is very good as usual. I’d add a couple of things. Cochrane wrote: “With the 2013 sequester, Keynesians warned that reduced spending and the end of 99-week unemployment benefits would drive the…
U.S. stocks found support once again last week and rallied on strong volume. Of course, the main catalyst was the FOMC policy statement on Wednesday that maintained its dovish language with a pledge of considerable time before raising the fed funds rate and adding that it would be patient as it begins the process of normalizing monetary policy. The…
The medical marijuana/cannabis industry has become legalized in many countries around the world and that trend is only gaining momentum. While the last year has been an extreme roller coaster ride for most investors in the cannabis market, we can feel confident that this trend is still at the early stages, well established and on…
