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Rickards: Fed Won’t Raise Rates In 2015

Rickards: Fed Won’t Raise Rates In 2015

Since Janet Yellen’s Federal Reserve has put an end to quantitative easing, the financial media generally believes the United States economy is improving. With an improving economy, the expectation is that Yellen will begin to raise interest rates in 2015. So goes the argument against an improvement in the gold market. However, many analysts aren’t […]
5 Stocks To Watch This Week 11-24-14

5 Stocks To Watch This Week 11-24-14

Monday – Palo Alto Networks Network security company Palo Alto Networks (PANW) is set to report earnings on Monday after the market closes. Contributing analysts on Estimize are expecting Palo Alto Networks to top the Wall Street EPS consensus by a penny per share on the bottom line and slightly over $4 million (2.4%) in […]
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                        Weekly ADR Report

E Weekly ADR Report

The average return of our best scoring ADRs from 1-year ago (11/25/2013) returned 3.87% in the past year, with no turnover. That generated 393 bps of excess to the MSCI EAFE index. The best performers from our list last year include SIG up 62%, SHPG up 53%, and SNN up 34%. The average score is […]
Gold & EUR Drop After ECB’s Coeure Counters Weidmann’s Warnings

Gold & EUR Drop After ECB’s Coeure Counters Weidmann’s Warnings

More of the same blather from Europe as following Weidmann’s earlier comments with regard the high-hurdles that the ECB still faces over sovereign QE, Coeure has come out to counter that by noting that the ECB does not have to see deflation to act and that they want to have a discussion of asset-purchases next week. EUR faded […]
Market Commentary: Averages Trading Sideways, Direction Not Well Defined

Market Commentary: Averages Trading Sideways, Direction Not Well Defined

Written by Gary The morning session remained elevated and in the green, but traded sideways as volume fell to low levels. By noon there was no indications, bullish or bearish, which way the market might go. I suspect with the holidays coming up, we will see the markets become quieter and less volatile. Our medium term […]
Can Artificial Intelligence Be The Death Of Google

Can Artificial Intelligence Be The Death Of Google

When my mother, who didn’t own a mobile phone, or a computer and had never been on the internet asked me if she should invest in Google at the time of their IPO I told her that I thought she should invest in companies she understood and was interested in. Kind of a dodge, but […]
4 Black Friday scams to avoid

4 Black Friday scams to avoid

You may have heard about the typical tricks retailers use on Black Friday — marking up prices just to mark them down, for example — but you may not know about other possible rip-offs that threaten to spoil your savings. Here are some scams that have the potential to turn the best day of the […]
Volatility Sub-Teens Again

Volatility Sub-Teens Again

It seems almost beyond belief that last month we were running around barefoot in a VIX that was in the 30s. We have now returned to the moribund slog of a sub-teen VIX. It hasn’t broken its uptrend yet, but by God, this week is looking like a snoozer.  
Cempra Poised To Join Antibacterial Drug Acquisition Rumor Buzz With Upcoming Data Release

Cempra Poised To Join Antibacterial Drug Acquisition Rumor Buzz With Upcoming Data Release

Cempra Pharmaceuticals (CEMP) continues to be one of our favorite long term prospects due to its assets in the antibiotic space and signs of excellent management. We originally covered the company in June of 2013 when the stock was trading in the $7/share range. Since that time, the stock has gained significant investor attention, and should […]
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                        Walter Energy: Beware The Risk As Evidenced By The Company’s Deeply Distressed Bond Prices

E Walter Energy: Beware The Risk As Evidenced By The Company’s Deeply Distressed Bond Prices

Walter Energy More Risky to the Downside?  Walter Energy (WLT) has some unsecured bonds that are quoted in the upper 20’s, i.e. about 28 cents on the dollar. More specifically, Walter has an 8.5% coupon bond that matures in 2021 yielding 44%! Since bonds are senior in the capital structure to the equity, what does […]