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Is It Better To Have A Great Strategy Implemented Badly Or A Bad Strategy Implemented Well?

Is It Better To Have A Great Strategy Implemented Badly Or A Bad Strategy Implemented Well?

I was at a presentation where Robin Speculand, Singapore-based author, and speaker, asked: Is it better to have a great strategy implemented badly or a bad strategy implemented well? Most people – about 4 out of 5 – raised their hand for the latter option. I raised mine for the former. We had a bit of debate […]
USD/CAD Eyes November-Low (1.2666) Ahead Of BoC Rate Decision

USD/CAD Eyes November-Low (1.2666) Ahead Of BoC Rate Decision

  USD/CAD gives back the advance from earlier this week as Canada added a staggering 79.5K jobs in November, with the 3Q Gross Domestic Product (GDP) report beating market expectations, and the pair may exhibit a more bearish behavior over the near-term should the Bank of Canada (BoC) show a greater willingness to further normalize […]
November 2017 Manufacturing Survey Growth Remains In Expansion

November 2017 Manufacturing Survey Growth Remains In Expansion

The ISM Manufacturing survey declined insignificantly and remained in expansion. The key internals remained in expansion. The Markit PMI manufacturing Index, also released today, is in positive territory but declined. Analyst Opinion of the ISM Manufacturing Survey Based on these surveys and the district Federal Reserve Surveys, one would expect the Fed’s Industrial Production index […]
Powell’s Hearing And Gold

Powell’s Hearing And Gold

On Tuesday, Powell testified before the U.S. Congress. What do his remarks mean for the gold market? Yesterday, we wrote about Yellen’s last testimony before the Joint Economic Committee. Her remarks were very interesting, but – sorry, Janet – she is no longer the most important person at the Fed. Surely, she is still the Fed Chair, but […]
Do Not Show This Bitcoin Chart To Donald Trump…

Do Not Show This Bitcoin Chart To Donald Trump…

And so it’s official, Bitcoin futures got the green light this morning, clearing the way for i) deeper, more robust markets and more institutional involvement, ii) the end of the world, or more likely iii) both. Given the bombshell (if largely expected) news, we thought this was an opportune time to draw readers’ attention to perhaps the most shocking Bitcoin chart of […]
Bitcoin Mania Will End In Tears

Bitcoin Mania Will End In Tears

Unless you are living under a rock, you surely have heard of bitcoin as it surpassed the $10,000 mark yesterday and briefly topped $11,000. You may have no idea what it is or how it works but the stories of kids turning into multimillionaires in short order are undoubtedly tickling your greedy side. We are all human […]
Markit Manufacturing PMI: Robust Growth In November

Markit Manufacturing PMI: Robust Growth In November

The November US Manufacturing Purchasing Managers’ Index conducted by Markit came in at 53.9, down from the 54.6 final October figure. Today’s headline number was above the Investing.com forecast of 53.8. Markit’s Manufacturing PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is the opening from Chris […]
Providence Service Corporation Declares Cash Dividend On Convertible Preferred Stock

Providence Service Corporation Declares Cash Dividend On Convertible Preferred Stock

STAMFORD, Conn., Dec. 01, 2017 (GLOBE NEWSWIRE) — The Providence Service Corporation (Nasdaq: PRSC) today announced that its Board of Directors has declared a cash dividend on its 5.5%/8.5% Series A convertible preferred stock. The dividend is payable on January 2, 2018 to holders of record as of 5:00 p.m. ET on December 15, 2017. The […]
Five Below (FIVE) Q3 Earnings & Sales Beat, Raises View

Five Below (FIVE) Q3 Earnings & Sales Beat, Raises View

Five Below, Inc. (FIVE – Free Report) delivered better-than-expected top and bottom line for the fifth straight quarter, when it posted third-quarter fiscal 2017 results. The impressive results prompted management to provide an encouraging outlook. Consequently, shares of this Zacks Rank #2 (Buy) company increased 2.3% in after-hour trading session yesterday. In fact, the stock has surged 28.7% […]
Debt, Taxes, Growth And The GOP Con Job

Debt, Taxes, Growth And The GOP Con Job

During more than four decades in Washington and on Wall Street it is quite possible that we never picked up any useful skills. But along the way we did unavoidably acquire what amounts to a survival tool in those fair precincts—-namely, a nose for the con job. And what a doozy we have going now as a desperate mob of Capitol […]