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Dick’s Stock Tumbles To Conservatives’ Delight

Dick’s Stock Tumbles To Conservatives’ Delight

Two weeks after Dick’s Sporting Goods infuriated First Amendment supporters when the sporting goods retailer announced it would end sales of assault rifles, its stock is plunging and conservatives will hardly shed a tear. In early trading, shares of Dick’s tumbled as much as 7.3% to just above $30.19, its biggest intraday decline since mid-November, […]
Why Goldman Exited Its $1.1 Billion Stake In TransUnion

Why Goldman Exited Its $1.1 Billion Stake In TransUnion

A new Form 4 filing with the SEC on Monday revealed that Goldman Sachs Group virtually sold its entire $1.1 billion stake in TransUnion (NYSE: TRU). Analyzing the company’s fundamentals help explain why Goldman sold its shares. Goldman Exits TransUnion On February 14th, Goldman Sachs Group filed its quarterly 13F regulatory filing. The filing showed that the investment firm held […]
Whiskey Wanters Win

Whiskey Wanters Win

This morning’s CPI report for the month of February from the BLS was altogether unexciting, with core CPI rising 0.2% MoM as expected. While the report was pretty boring generally speaking, it contained some excellent news for whiskey drinkers. As shown below, from 2002 to 2015 the price of whiskey rose ever higher relative to […]
Hi, Beta!

Hi, Beta!

Volatility paid off big last week. How’s that old saw about March go? “In like a lion, out like a lamb”? That certainly held true for last week’s weather in most of the U.S. And it was true for our stock market as well. The SPDR S&P 500 ETF (NYSE Arca: SPY) gained 3.6 percent on the […]
3 Best Ranked Dimensional Mutual Fund To Buy

3 Best Ranked Dimensional Mutual Fund To Buy

Founded in 1981, Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants and financial advisors. It boasts more than 1,000 investment professionals across 12 offices in North America, Asia, and Europe. Dimensional had nearly $577 billion of assets under management as of Dec 31, 2017. For the […]
How Mark-To-Market Accounting Election Affects You

How Mark-To-Market Accounting Election Affects You

What is Mark to Market (MTM)? A simple explanation would be that MTM is an accounting method that describes how a trader calculates their trading gains and losses, and how these gains and losses are reported on a trader’s annual income tax return. MTM refers to a year-end process where you mark all your open positions […]
Technically Speaking: Chart Of The Year?

Technically Speaking: Chart Of The Year?

  Well, I jinxed it. In this past weekend’s missive I wrote: “There are generally two events that happen every year – somebody forgets their coat, goggles or some other article of clothing needed for skiing, and someone visits the emergency clinic with a minor injury.” The tradition continues as my wife fell and tore her ACL. […]
NFIB Small Business Optimism Hits A 34 Year High

NFIB Small Business Optimism Hits A 34 Year High

Say what you want about the pace of economic growth, but most small business owners are downright giddy and the most confident they have been in their careers. The latest evidence is the monthly sentiment survey of small businesses from the NFIB. In this month’s report, the headline index came in higher than expected, rising […]
Our Latest Oil Predicament

Our Latest Oil Predicament

It is impossible to tell the whole oil story, but perhaps I can offer a few insights regarding where we are today. [1] We already seem to be back to the falling oil prices and refilling storage tanks scenario. US crude oil stocks hit their low point on January 19, 2018, and have started to rise again. The […]
Canada, China, Hong Kong Top BIS Worry List On Banking Crisis Risk

Canada, China, Hong Kong Top BIS Worry List On Banking Crisis Risk

The Bank for International Settlements is a board comprised of 60 central bank heads around the world. As explained on their website here: at bimonthly meetings, normally held in Basel, Governors and other senior officials of BIS member central banks discuss current developments and the outlook for the world economy and financial markets. They also exchange […]