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Semiconductors: Bottom Of The Barrel

Semiconductors: Bottom Of The Barrel

With the broader market (including Technology) at or right near all-time highs, it is pretty surprising just how weak the semis have been. Just yesterday, the S&P 500 Semiconductor and Equipment industry broke back below its 200-DMA, and it is sinking further today following negative comments from Goldman and Stifel.   On a relative strength basis […]
Which 3 Stocks Are Insiders Buying Like Crazy?

Which 3 Stocks Are Insiders Buying Like Crazy?

As well as analysts, there’s another valuable source of investing inspiration out there. If we turn to Insider Stocks’ tool, we can delve into all the latest insider purchases. These are the stocks that insiders- be it company executives or 10% + shareowners- are snapping up right now. And the reason why this is so interesting […]
August 2018 Producer Price Final Demand Year-Over-Year Inflation Moderates

August 2018 Producer Price Final Demand Year-Over-Year Inflation Moderates

The Producer Price Index year-over-year inflation declined from 3.3 % to 2.8 %. Analyst Opinion of Producer Prices The Producer Price Index declined year-over-year. Food prices did moderate – but energy inflation rose. The decline in inflation was more than expected. Here is what the BLS said in part: The Producer Price Index for final […]
Silver Creating A “Double Bottom” Pattern?

Silver Creating A “Double Bottom” Pattern?

    Could Silver be creating a long-term “Double Bottoming” pattern over the past 3-years? Let’s investigate the possibility and what it would take for the potential bullish pattern to fail. Before we get started let me make this point clear; the trend in Silver since the highs in 2011 remains down! This chart looks at Silver on a […]
We The People

We The People

“We want capitalism and market forces to be the slave of democracy rather than the opposite.” – Thomas Piketty The essential underlying elements of supply, demand, scarcity, and prosperity described in our first article in this series, The Forgotten Path to Prosperity, are keys to gaining a better understanding of what constitutes a well-functioning economy. In this […]
NXP Semiconductors Downgraded To Sell At Stifel Amid Signs Of Possible Peak

NXP Semiconductors Downgraded To Sell At Stifel Amid Signs Of Possible Peak

As previously reported, Stifel analyst Tore Svanberg downgraded NXP Semiconductors (NXPI) to Sell from Hold, arguing that multiple recent industry data points seem to suggest the analog and mixed-signal semiconductor markets are peaking. Amid the potentially peaking semi cycle, NXP has re-emerged with a post-takeover plan for a massive buyback, which translates to higher debt, […]
Is The Corporate Bond Market Overheating? Look At The Lenders

Is The Corporate Bond Market Overheating? Look At The Lenders

Recently, a growing number of investors and market commentators have been advocating for caution in credit lending—rightfully so, in my opinion. However, despite the publicity this has received in the press, it appears that little has actually been done to clamp down on aggressive lending. Perhaps this should not be surprising since in practice, lending […]
MobileIron Product Expansion Fails To Drive Stock

MobileIron Product Expansion Fails To Drive Stock

According to a Statista report, the global Enterprise mobility management (EMM) market is expected to grow to $3.39 billion by the year 2021 from $1.86 billion in 2017. Another report by Strategy Analytics has more conservative estimates for the sector. The researcher estimates that the market will grow to $2.2 billion by 2022 from $1.8 billion in 2017. […]
August Producer Price Index: Core Final Demand Down 0.1% MoM

August Producer Price Index: Core Final Demand Down 0.1% MoM

Today’s release of the August Producer Price Index (PPI) for Final Demand came in at -0.1% month-over-month seasonally adjusted, down from last month’s 0.0%. It is at 2.8% year-over-year, down from 3.3% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at -0.1% MoM, down from 0.1% the […]
Chinese Government Encourages Share Buybacks As Bear Market Deepens

Chinese Government Encourages Share Buybacks As Bear Market Deepens

Rivets are starting to blow once more on the debt-on-debt Ponzi driving Chinese markets. Following the lead of western companies, corporate buybacks in China have surged in 2018 (see below). This is the latest desperate effort to stop asset bubbles from following their natural destiny to implosion. See the WSJ’s Record Buybacks Don’t Mean Buy in […]