Speaking of cryptos… with Long Island Iced Tea Blockchain now down 80% from its “pivot”, I think we have proof positive that switching your iced tea manufacturing firm to cryptocurrencies isn’t a great strategic move, at least past the first day or two.
Zoetis Inc. is a unique drug company that engages in the discovery, development and manufacture of animal health medicines and vaccines. Our furry household pets need this company and wait until you see the numbers on this company. Video Length: 00:05:01
The Canadian Dollar has been gaining steam since the March reversal with the USD/CAD decline now approaching initial measured targets. Key employment reports from both the U.S. and Canada are on tap tomorrow and while prices could see some upside from here, the broader outlook remains weighted to the downside. USD/CAD DAILY PRICE CHART Technical Outlook: Last month…
My last article was called The Level One Blues. It described how to construct option positions in more than one way. This is useful if the option approval level assigned to you by your stockbroker is a low level. You can read more about what option approval levels are and what they mean in the last…
There Hasn’t Been an Economic Recovery After the 2008 Crisis: Now Capitalism Itself Is at Risk There are signs the so-called economic recovery is heading for a re-evaluation of its ambitious pretense. At first glance, the stock market suggests otherwise—you might, with reason, be wondering which of the newly legalized herbal treats I have been inhaling….
Something strange has been happening in precious metals lately. Gold has been doing a lot better than silver, even as the paper market internals have increasingly predicted the opposite. The result is a gold/silver ratio that’s near the top of its historic range: In the paper markets (where futures contracts are traded) the imbalance is…
The depreciation of the peso against the dollar is one of the major factors which dragged down sentiment in the market. Video Length: 00:04:37
China Issues $50 Billion In Tariffs & Stocks Rally?!? The stock market had a terrible morning because China announced $50 billion in tariffs per year which effect 106 U.S. products including soybeans, whiskey, cars, and chemicals. This 25% tariff comes on the heels of Trump’s list of Chinese imports which he wants to target to…
After bottoming out at .9200 in mid-February the Swissie has declined by 500 pips against the buck — a stealth rally that has been hardly noticed. Although the franc remains the beneficiary of risk aversion flows, the move into the pair is becoming less frequent as the world adjusts to Trumps mad-dog tweets and realizes…
While I dipped my toes to the short side during the month of March, I didn’t nearly capitalize as much as I could have that month. That is because of this T2108 chart, which measures the percentage of stocks trading above their 40-day moving average. Despite to successive months of selling, the T2108 shows that 50% of…
