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IPOs For The Everyman

IPOs For The Everyman

In August I received an invitation by mail – complete with an offering prospectus and stock order sheet – to subscribe for shares in the initial public offering (IPO) of Ponce de Leon Bank, a Bronx, NY-based savings institution where I have a CD. I’ll admit upfront I barely know anything about Ponce de Leon […]
Ask Slim Market Week – Friday, Nov 10

Ask Slim Market Week – Friday, Nov 10

Significant Differences In Senate Vs House Tax Overhaul Plan: Will Anything Get Done This Year?

Significant Differences In Senate Vs House Tax Overhaul Plan: Will Anything Get Done This Year?

There are significant differences between the House and Senate versions of the tax overhaul. Unlike the House, Senate Republicans cannot afford to lose more than two votes. Also unlike the House, the Senate has budget rules that must be met. Will the differences be resolved in reconciliation? The Wall Street Journal reports Senate Tax Plan Differs […]
COT Black: Crude Balance Here?

COT Black: Crude Balance Here?

Oil prices have had a very good run for several months now. Dating back to the recent low reached June 21, WTI is up an impressive 35% to a new two-year high. Crude hasn’t traded at $57 since June 2015. During this latest increase, the oil futures curve has finally achieved backwardation (which isn’t necessarily […]
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                        Small Caps – Long Term Consistent Outperformance

E Small Caps – Long Term Consistent Outperformance

Small cap stocks which ignited in September have been under pressure since then. However, small caps represents a very attractive investment segment and offer a very compelling reason for a long-term portfolio allocation – outperformance. Small caps simply outperform other stock market segments and asset classes over the long-term. The Enduring Power of Small Caps Small-cap […]
Top-Ranked ETFs That Crushed The Russell 2000 Post Election

Top-Ranked ETFs That Crushed The Russell 2000 Post Election

Since Trump’s election a year ago, the stock market has been on a spectacular rally. While gains are broad-based, small caps are clearly outperforming. This is especially true as the Russell 2000 index has gained 24% in a year compared with a gain of 21.3% for both the S&P 500 and S&P Mid Cap 400. […]
Precious Metal Report – Friday, Nov. 10

Precious Metal Report – Friday, Nov. 10

A review of the day’s trading in precious metals markets. Video Length: 00:13:13
GDPNow, Nowcast Near Convergence In 4th Quarter GDP Estimates

GDPNow, Nowcast Near Convergence In 4th Quarter GDP Estimates

Following months of wide differences between GDP forecast models, the Atlanta Fed GDPNow and the New York Fed Nowcast models are in near convergence at 3.3% and 3.2% respectively. GDPNow Forecast: 3.3 Percent — November 9, 2017 The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 […]