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Sensex Opens Higher On GDP Boost; Realty & Automobile Stocks Gain The Most

Sensex Opens Higher On GDP Boost; Realty & Automobile Stocks Gain The Most

Asian stock markets are trading mixed today. The Shanghai Composite is lower by 0.20% while the Hang Seng and Nikkei 225 is trading flat. On the Wall Street, Thursday session closed with huge gains as the Dow Jones Industrial Average crossed the 24,000 landmark for the first time and the S&P 500 also reached new record closing highs. Back home, India share markets have opened the […]
WTI Crude Oil And Natural Gas Forecast – Friday, Dec. 1

WTI Crude Oil And Natural Gas Forecast – Friday, Dec. 1

WTI Crude Oil The WTI Crude Oil market was very noisy during the trading session on Thursday, as we bounced around the $57.50 level. This is a market that continues to be very choppy, as there are a lot of issues with this market. The OPEC production cuts are being extended, but quite frankly the […]
October 2017 Median Household Income

October 2017 Median Household Income

Median household income in the U.S. rose to $58,643 in October 2017, an increase of 0.2% from our September 2017 estimate of $58,523. The following chart shows our estimates for the trends for both nominal (red) and inflation-adjusted median household income (blue) from January 2000 through September 2017. In nominal terms, the most recent trend for median […]
How To Trade Like A Gambler

How To Trade Like A Gambler

In the world of gambling and trading, Ed Thorpe is a legend. He is the man who essentially perfected card counting and managed to beat a roulette table with the help of the first handheld computer ever invented. Then he moved on to Wall Street starting one of the earliest quant funds in the business […]
Bitcoin Rockets Higher, Then Crashes Lower, Then Repeats

Bitcoin Rockets Higher, Then Crashes Lower, Then Repeats

The Bitcoin markets are in utter turmoil at the moment – the cryptocurrency that has become the envy of all speculative assets, possibly one of the greatest in modern history, is experiencing extreme volatility. Long familiar with extreme ups and downs, Bitcoin has a history of moving higher rapidly, and also crashing suddenly. These past 24 hours appear […]
For The Average Investor, The Bull Market Just Started

For The Average Investor, The Bull Market Just Started

Average is difficult to define. Most of us believe we are above average at everyday tasks like driving. But math says many of us are wrong since only half of us can truly be better than average. That same math tells us something important about investors: Half of investors must attain results that are below […]
5 Top-Performing Stocks Of The Top ETF Of November

5 Top-Performing Stocks Of The Top ETF Of November

The overlooked Deep Value ETF (DVP – Free Report), which carries an unfavorable Zacks ETF Rank #5 (Strong Sell) with a High-risk outlook, emerged as the best-performing ETF of November. It gained 11.6%. Most of the gains came in the first half as concerns over the delay in implementation of corporate tax cuts and the sell-off in high […]
Short Take On Bitcoins

Short Take On Bitcoins

I stopped by Bloomberg near midday to talk with Vonnie Quinn and Shery Ahn. We talked about many macro issues, but this clip that Bloomberg provided covers is the one topic that has overshadowed the big rally in US equities, tax reform and Matt Lauer: Bitcoins. In this two minute clip, I mention that despite Bitcoins capturing the […]
Stocks Hits New Highs But Tax Cut Critical To Bull Market

Stocks Hits New Highs But Tax Cut Critical To Bull Market

The Trump economy is cracking—GDP growth is on track to top 3% for three quarters running. We haven’t seen that since 2004, and the Dow Jones average has just pierced 24,000. Privates businesses are optimistic and poised to invest with passage of the tax cuts. They have broken free from the Obama era pessimism about […]
3 Buy-Ranked Tech Stocks That Soared This Month

3 Buy-Ranked Tech Stocks That Soared This Month

Technology stocks are rebounding after a sector-wide selloff Wednesday, suggesting that tech’s strong rally still has some life left in it. The tech sector has dominated Wall Street for the majority of 2017, and as we look at the year’s highest-flying stocks, most of the recognizable names are dominant and innovative technology brands. Considering the […]