Archives by Month:
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Gilead Sciences Takes First Step Towards Higher Valuation Multiple
It has been a tough couple of years for shareholders of Gilead Sciences (GILDGILD), the leader in treating HIV and Hepatitis C, or HCV. After shocking the biotechnology world by buying little known Pharmasset in 2011 for $11 billion, which gave them what would be become the leading HCV treatment, Gilead’s stock soared as Sovaldi (and […]
A Convenient Truth
There’s been a lot of fretting and sweating over oil prices lately. Concern about the petroleum sector heightened even more as Hurricane Harvey bore down on oil rigs and refineries in the Gulf Coast region. The spot price for a barrel of West Texas Intermediate (WTI) crude has been fibrillating in the $47 – $49 […]
Primary Dealer Bid Surges In Poor 2Y Auction
While the high yield of the just priced 2Y auction came “on the screws” at 1.345%, below last month’s 1.401%, but above the six previous auction average of 1.305%. and exactly where the When Issued suggested today’s auction of $26 billion in 2Y notes would price, the internals were decidedly weaker than the stop out […]
FX Markets Turns To Euro-Zone Inflation, Canadian GDP, US NFPs
Talking Points: – The economic calendar is heavier this week, particularly for the US Dollar which will see the always-important US labor market report on Friday. – UK data take a backseat to their Euro-Zone counterparts in the days ahead; Euro-Zone inflation figures on Wednesday will draw attention. – Asia-Pacific region rather quiet this week, […]
Wall Street Cries Wolf On Stocks – Economy
There is no question that the stock market is richly valued and the economic expansion since the 2008 mortgage debt panic has endured far longer than normal cycles. Recent pessimism has arisen with major banks and analysts warning that the sky may start falling soon. Increased negative forecasts can be a positive contrary opinion signal, so […]
Is The Stock Market Really Overvalued?
All we have been hearing since 2011 is how the stock market is going to crash and then there will be hyperinflation and all sorts of strange relationships that never materialize. They simply focus on the level of the stock market in nominal terms without adjusting it for inflation or showing how it has performed […]
Are You Prepared For These Potentially Disruptive Economic Storms?
Here in San Antonio, grocery stores were packed with families stocking up on water and canned food in preparation for Hurricane Harvey, which has devastated Houston and coastal Texas towns. Similarly, I hope investors have took steps to prepare for some potentially disruptive economic storms, including this past weekend’s central bank symposium in Jackson Hole, Wyoming, […]
US Dollar Super Cycle Update
My first chart is a 27 year Weekly showing a Fractal comparing the price action we are seeing today against the USD’s last Super Cycle top in 2001. The USD’s Super Cycles last 15 years Low to Low on average and my chart shows the critical role that the 200wma plays in the USD’s Bull […]
Hidden Forces Of Economics, Gold & Silver Report
We have noticed a proliferation of pundits, newsletter hawkers, and even mainstream market analysts focusing on one aspect of the bitcoin market. Big money, institutional money, public markets money, is soon to flood into bitcoin. Or so they say. We will not offer our guess as to whether this is true. Instead, we want to […]
Oil Prices Risk Further Losses As U.S. Output Approaches Record-High
Talking Points: – AUD/USD Clings to Bullish Formation Ahead of RBA Meeting. – USOIL Remains Under Pressure Despite Hurricane Harvey, U.S. Output Approaches Record-High. Ticker Last High Low Daily Change (pip) Daily Range (pip) AUD/USD 0.7942 0.7954 0.7914 10 40 AUD/USD appears to be on its way to test the 2017-high (0.8066) as the recent developments coming […]
