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Bubble Cycle Inefficiency And Valuations

Bubble Cycle Inefficiency And Valuations

Last week the Federal Reserve updated its quarterly Financial Accounts of the United States Z1 (formerly Flow of Funds) meaning that we can recheck valuation levels of the stock bubble from alternate points of view (data). The most common valuation given by the report is Tobin’s Q which compares the estimated value of corporate equities (liability) to nonfinancial […]
S&P 500 Snapshot: More Doldrums Before The Fed Meeting

S&P 500 Snapshot: More Doldrums Before The Fed Meeting

Global equities were in retreat mode when the U.S. market opened. The S&P 500 followed the global pattern, falling to its -0.71% intraday low about 30 minutes later. The index then traded in a narrow range but drifted slowly higher after the lunch hour. It closed at its -0.18% intraday high. Yesterday had the distinction […]
AmTrust Announces Closing Of $125 Million In Depositary Shares Representing Interests In Preferred Stock

AmTrust Announces Closing Of $125 Million In Depositary Shares Representing Interests In Preferred Stock

NEW YORK, March 15, 2016 (GLOBE NEWSWIRE) – AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the “Company” or “AmTrust”) today announced that it has closed its previously announced underwritten public offering of 5,000,000 of its depositary shares (the “Depositary Shares”), each representing a 1/40thinterest in a share of its newly-designated 7.75% Non-Cumulative Preferred Stock, Series E, at […]
Citi Joins Peers In Downgrading Tiffany & Co. On Pessimism About Near-Term Trends

Citi Joins Peers In Downgrading Tiffany & Co. On Pessimism About Near-Term Trends

Shares of Tiffany (TIF) are sliding after Citi downgraded the stock to Neutral, as the firm doesn’t believe the jeweler’s near-term business trends will improve. Analysts at Cowen and Goldman Sachs also had previously downgraded the stock after the company reported holiday sales well below expectations. TRENDS UNLIKELY TO IMPROVE: Citi analyst Paul Lejuez downgraded […]
NZD/JPY Forex Trading Strategies March 2016

NZD/JPY Forex Trading Strategies March 2016

Reserve Bank of New Zealand’s surprise rate cut last week got Kiwi crosses rolling down. Today we are looking at Japan and New Zealand economy to construct NZDJPY forex trading strategies March 2016. Is your current financial situation suitable for forex trading? If yes, let’s take a look at potential trading opportunities! NZDJPY forex trading strategies March 2016 […]
Today’s 40% Drop Is Not Enough For Valeant Pharmaceuticals

Today’s 40% Drop Is Not Enough For Valeant Pharmaceuticals

Valeant Pharmaceuticals (VRX: $36/share) had been in a bit of a limbo lately, as investors awaited the long delayed 4Q15 results. The company finally released its earnings today and the results were to be expected if you heeded our previous warnings. Bad News Not A Surprise In the release, the company recognized the significant issues it […]
Dr. Copper In The House?

Dr. Copper In The House?

One of the most overused sayings in financial research is that “Copper has a PHD in economics”. In other words, the metal is a good bellwether for the true state of the global economy because of its widespread use. I think the advent of things like PVC has probably cut a little bit into the […]
Gold Update – March 15, 2016

Gold Update – March 15, 2016

Gold market review: the pullback we’ve been waiting for is underway. Video Length: 00:11:42
Currency Market Report – March 15, 2016

Currency Market Report – March 15, 2016

Ira Epstein leads us through the day’s currency highlights. Video Length: 00:07:00
Market Assumptions Are Wrong Again

Market Assumptions Are Wrong Again

This past week, much was written about expectations regarding the ECB actions. The wide consensus was that the Euro was going to tank and the metals would tank with the Euro. However, that is not exactly what we saw. Rather, the metals reacted exactly as we had expected.They pulled back in their 4th waves, held their […]