Oil prices remained near five-and-a-half year lows in early Asian trading on Wednesday after prices saw yet more heavy falls in the previous session and analysts said a supply glut meant that more falls were likely before a rebound. Global oil markets on Tuesday slumped for a fourth straight session to five-and-a-half year lows as mounting…
In our Weekly Market Update we have made an effort to track the deflationary story being told in the global fixed income markets, specifically sovereign yields have continued to trade lower defying what most investors thought was possible; Swiss 10 year debt recently yielded 25 basis points. A while back I quoted a Seth Klarman…
Markit’s US Services PMI missed expectations of 53.7, priting at 53.3, its lowest since Feb 2014 (mid Polar Vortex). From record highs in June, PMI has plunged non-stop for six months leaving Markit noting Q4 growth is looking more like 2.0% than the 5.0% exuberance in Q3. US Services PMI plunges… and along with the tumble…
Exxon Mobil (XOM – Analyst Report) probably has the best chance of not just emerging from the downturn in oil victoriously, but also come out bigger and stronger than ever before. It’s not one of those fly-by-night E&Ps that may or may not make it out alive. We’re talking about one of the largest, most profitable corporations in…
I write about the small cap biotech space often on Real Money Pro, SeekingAlpha and as editor of Small Cap Gems. One of the frequently asked questions I get is what do I look for when identifying and purchasing “off the radar” small cap stocks, especially in the biotech sector. This is probably due to the…
There are always negatives and positives in the stock market. However I see more negatives. We have had 5 straight losses, institutional selling, strong sell off in the Russell yet defensive shares like Utilities are holding up. Watch this video in order to better your trading.. Video length: 00:03:49
On January 22, ECB president Mario Draghi is expected to announce a plan of action to stimulate Europe via a QE policy of purchasing government bonds. Details were supposed to be hush-hush but the options are out of the bag in bright daylight. Reuters reports ECB is Considering Three Options according to a Dutch paper. Buy…
Gold prices ended Tuesday’s session up 1.32%, or $15.64, to settle at $1218.34 an ounce as Greece’s political crisis and a tumble in global equities buoyed the precious metal’s safe-haven appeal. The debate around the possibility of elections later this month resulting in the country leaving the eurozone has been rattling the markets recently. Softer-than-expected U.S….
Let’s consider some examples of potential asymmetric-warfare tactics as they relate to the price of oil. The world has habituated to the never-ending undeclared war over ownership and access to hydrocarbons. Now we are entering a new phase of asymmetric war being waged not over oil but the price of oil. Many observers see a parallel in Saudi Arabia’s…
In spite of the cold snap of Q1, the U.S. equity markets managed to deliver handsome returns last year. 2014 turned out to be the third consecutive year of double-digit percentage gains for the first time in more than two decades. Not only did the markets manage to withstand the harsh winter weather during the…
