Are governments making promises about pensions that they might not be able to keep? According to an analysis by the World Economic Forum (WEF), there was a combined retirement savings gap in excess of $70 trillion in 2015, spread between eight major economies… The WEF says the deficit is growing by $28 billion every 24…
Video length: 00:11:24 In this video newsletter update we give you an update on a few of the trades put on last week. Plus watch this video right now for the trading opportunity in the VIX you can’t afford to miss. An almost risk-less trade is setting up in the market…
The main talking point in Asian trade today was the Hong Kong Dollar seeing another test of its upper band (7.85). The currency has been pegged between 7.75 and 7.85 since 1983 and has remained within that range since 1985. Today was the fifth time in three trading days that the HKMA (Hong Kong…
Retail sales rose (seasonally adjusted) in March 2018 for the first time in four months. Related to last year’s big hurricanes and the distortions they produced, retail sales had surged in the three months following their immediate aftermath and now appear to be mean reverting toward what looks like the same weak pre-storm baseline. Exactly…
For the third consecutive quarter, Netflix stock is spiking after reporting earnings, a repeat of what it did last quarter and the quarter before, up as much as 8% after hours, and reaching its all time high price of $334 per share and just shy of all time highs after reporting Q1 2018 numbers which…
In case you had any geopolitical concerns or worries about repercussions for a missile attack on another country, forget about it. Stocks were in rally mode from the overnight. Gold and silver were largely unchanged. We strike where we please, and we hit them with ease.
There are some folks who think that Netflix, which has a triple-digit price/earnings ratio, is insanely priced. I’m a chartist, and when I see a chart like the one below, I don’t go anywhere near it, either long OR short. It’s just nuts. And, now that earnings are out, I can tell myself again…
The Greenbrier Companies (GBX) stock has been stuck at about $50 a share since we made our sell call back in November. What is going on here, with the name having traded sideways since this action? Well, our BAD BEAT Investing portfolio is looking to buy Greenbrier at the right price. In this column, we wish to discuss…
Those who fill out a US tax return always face a choice. On one hand, there is a “standard deduction,” which is the amount you deduce from your income before calculating your taxes owed on the rest. On the other hand, there are a group of individual tax deductions: for mortgage interest, state and local…
