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See These 6 Big Alcoholic Beverage Stock Ranked For Future Returns

See These 6 Big Alcoholic Beverage Stock Ranked For Future Returns

With summer in full swing and the 4th of July in the near future, it’s a good time to review the major alcoholic beverage stocks. These are companies that manufacture and distribute a variety of alcoholic beverages, including beer, wine, and spirits. The top companies in this sector have many attractive qualities in common. They have […]
Round Trip

Round Trip

​ On Tuesday, I discussed the loss of the “Beer Bet” with my dear friend Doug Kass. Done https://t.co/7d2PhOK9SA — Douglas Kass (@DougKass) June 25, 2018 The important lesson learned from my bet with Doug is to be careful how you “word” the bet. The market did indeed break the 100-dma briefly before rebounding by the end of the […]
Forex Weekly Outlook July 2-6 – Fireworks And Not Only On July 4th

Forex Weekly Outlook July 2-6 – Fireworks And Not Only On July 4th

Currency markets had a mixed ending to the second quarter that saw US Dollar strength. What’s next? The first week of Q3, which includes the US Independence Day holiday, is jam-packed with the Non-Farm Payrolls, the FOMC Minutes, and more. Here are the highlights for the upcoming week. Concerns about trade relations between the US and […]
Week In Review: CStone Acquires China Rights To Leukemia Drug In $424 Million Deal

Week In Review: CStone Acquires China Rights To Leukemia Drug In $424 Million Deal

CStone Pharma of Suzhou acquired rights to a novel cancer drug from Agios (Nasdaq: AGIO), a Boston area pharma, in a deal worth up to $424 million (see story). CStone will have rights to ivosidenib in greater China. It will initially target acute myeloid leukemia (AML) and cholangiocarcinoma, although the companies believe ivosidenib has potential efficacy against many cancer indications including glioma. […]
Yield Curve Signaling Bear Market In Stocks?

Yield Curve Signaling Bear Market In Stocks?

World Market Death Cross Forms: ‘Summer Swoon’ In Store For U.S. Major Indices?

World Market Death Cross Forms: ‘Summer Swoon’ In Store For U.S. Major Indices?

As shown on the daily chart below, a moving average “Death Cross” has formed on the World Market Index. It closed out Q2 2018 just above horizontal price support and below trendline support, as well as below both moving averages. All three technical indicators are in negative territory, hinting of further weakness ahead, particularly if price drops and holds below 1950 on accelerating RSI, MACD […]
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                        SPX, Oil, Gold & G6 Prices For The Week Of July 2nd And The Rest Of 2018

E SPX, Oil, Gold & G6 Prices For The Week Of July 2nd And The Rest Of 2018

This past week five out of the seven instruments we follow hit their targets. The SPX traded within our focus area of 2700 – 2740, hitting both levels several times but, ultimately, was unable to break out of this congestion zone. As a reminder, the index spent three weeks in May in that zone. The […]
U.S. Banks Poised To Outperform Canadian Counterparts

U.S. Banks Poised To Outperform Canadian Counterparts

Executive Summary Over the past two decades, Canadian banks have outperformed their American counterparts. Lower taxes, less competition, and a robust consumer credit cycle have fuelled the Canadian rise. However, there are signs these tailwinds are ebbing, even reversing. South of the border, the U.S. has instituted a dramatic corporate tax cut which will neutralize the tax […]
Coca-Cola: Fundamental Analysis

Coca-Cola: Fundamental Analysis

Introduction Coke is one of the most, if not the most, recognized brands in the world.As a stock, The Coca-Cola Company (KO) is a blue-chip Dividend Aristocrat that has increased its dividend for 56 consecutive years. The company is A+ rated by S&P Capital IQ, offers a current dividend yield of 3.6% and a market […]