In spite of the government’s ongoing narrative of a US economic recovery, major news outlets continue to remind us that life isn’t getting easier for most Americans. The Wall Street Journal recently published a lengthy expose on the rising cost of basic necessities. This chart shows how much more middle-class American households are spending thanks…
The topic of this post might be “procrastination.” I have written a bit about aggregate consumption in the USA and I keep telling myself to write something similar about investment. I never do. I am using this post as a pre-commitment device (sorry to use the blog for my personal problems). OK on investment there…
I don’t offer up many long ideas (since, you know, I’m psychotic), but Fiesta Restaurant Group (FRGI) is one I’ve mentioned a few times, and it’s doing dandy. See? Slope isn’t only bear stuff!
Problems for Option Buyers Ask anyone who has ever bought stock options, and you’ll likely hear at least one tale of regret. That’s because it’s possible to suffer a loss on stock options, not just when picking the wrong stock, but even when one is correct about the direction of the stock price. It’s bad…
Low oil prices are stealing all the headlines right now, and the media has decided to focus only on the negatives. However, in America there are strong headwinds building that will only propel the American economy higher. Investors would be wise to invest in these sectors and avoid gold. It’s no secret that gold is…
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 315 = 17,280 SPX – 33 = 2002 NAS – 54 = 4653 10 YR YLD – .08 = 2.10% OIL – 2.52 = 57.43 GOLD – 5.60 = 1222.80 SILV – .06 = 17.14 The fall in oil prices has been dramatic,…
Amazon (AMZN) has had enough of the United States. Specifically, it’s had enough of the country’s strict, stifling regulations (no surprise there) on unmanned vehicles – a.k.a. drones. As you may know, a year ago, the company announced its plan to launch Amazon Prime Air – an ambitious drone-based delivery service that would fly packages…
San Francisco-based LendingClub Corp. (LC) made a grand entry on NYSE through IPO Thursday. The online loan facilitator debuted trading at $24.75 per share, a whopping 65% premium to its $15 a share pricing announced on Dec 10. The shares closed the first day at $23.43, reflecting an increase of 56.2%. Hence, LendingClub raised $870…
The price of a barrel of the benchmark West Texas Intermediate – WTI – has fallen from the mid $90s to below $60, resulting in a an energy sector selloff the likes of which the markets have not seen for half a decade. The big drop in crude oil and energy stocks has put a…
This morning I used Barchart to sort the S&P 400 Mid Cap Index stocks to find which ones had the most frequent new highs in the last month, then used the Flipchart feature to review the charts. Right near the top of the list was RF Micro Devices (NASDAQ:RFMD): Barchart technical indicators: 96% Barchart technical buy signals Trend Spotter…
