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Joint Corp: From Growth To Deep Value

Joint Corp: From Growth To Deep Value

Image Source: Unsplash Description The Joint Corporation (JYNT) is the largest domestic franchisor and operator of chiropractic clinics. The company aims to provide affordable chiropractic services in this fragmented market using a private pay, noninsurance, cash model. Joint has 900 locations in the USA and plans to open 100-120 newly franchised clinics in 2023. Overview With […]
USD/CAD Signal: Threatening A Major Breakout

USD/CAD Signal: Threatening A Major Breakout

Ultimately, I do think that the market will see the 50-day EMA at the C$1.36 level.The USD/CAD has initially pulled back just a bit  during trading on Tuesday but continues to see strength as PMI numbers came out hotter than expected, and of course, the Bank of Canada is likely to remain steady at its interest rate […]
Wall Street Insiders Are Making Huge Moves

Wall Street Insiders Are Making Huge Moves

Image Source: Pixabay All of a sudden, two of the biggest bond bears on the planet have turned bearish on the economy and are now bullish on bonds. The timing is suspect at least in terms of the “September effect” which is coming off. That leads Treasuries and global bonds back to fundamentals which are looking […]
The Curious Tale Of Chevron And Tesla, “The Tortoise And The Hare”

The Curious Tale Of Chevron And Tesla, “The Tortoise And The Hare”

Image Source: Pexels  — Our tortoise (CVX) is unchanged YTD with hare Tesla (TSLA) (New economy) leaping 44% since January 1.— This runaway stock performance versus our plodding reptile (Old Economy) has me scratching my head— Having a competitor after your lunch or sharing lunch with your competitor … Which would you prefer?— I ask and attempt to […]
Are We About To Witness The First Major Central Bank Failure In Decades?

Are We About To Witness The First Major Central Bank Failure In Decades?

Japan is slowing losing control of its bond market.The Bank of Japan (BoJ) is currently engaged in an open-ended Quantitative Easing (QE) program. In its simplest rendering, the BoJ starts buying the 10-Year Japanese Government Bond any time that bond’s yield rises to 1% or higher.It’s possibly the boldest QE program in history: a definitive “line in […]
The Importance Of Profitability In Australian Small Caps

The Importance Of Profitability In Australian Small Caps

It has long been evident that small-cap companies with a track record of generating earnings have outperformed relative to their peers. Profitability matters for small-cap companies, and the S&P/ASX Small Ordinaries Select Index was launched in 2018 to provide a measurement of these companies in Australia.The S&P/ASX Small Ordinaires Select Index—which includes a profitably screen on constituent […]
Ranked: The Fastest Growing Economies In 2024

Ranked: The Fastest Growing Economies In 2024

IMF Projections: The Fastest Growing Economies in 2024 Which countries will see the most economic growth in 2024?To answer this question, we’ve visualized GDP growth forecasts from the IMF’s October 2023 World Economic Outlook. Unsurprisingly, many of these countries are located in Asia and Sub-Saharan Africa—two of the world’s fastest-growing regions. Highlights: Asia Pacific The fastest-growing […]
What If The Mag Seven Becomes The Big Five? + It’s Meta’s Turn

What If The Mag Seven Becomes The Big Five? + It’s Meta’s Turn

Earlier this week, ahead of the flurry of mega-cap earnings, we asked the question, “will a “Fantastic Four” power the “Magnificent Seven”? So far, after two of the four reported after yesterday’s close, the answer is a clear “not yet”. And ahead of tonight’s earnings from Meta Platforms (META), the more important question is what […]
Yields Jump After Gruesome 5Y Auction Prices With Biggest Tail In 15 Months

Yields Jump After Gruesome 5Y Auction Prices With Biggest Tail In 15 Months

Well, the treasury market respite from the “Bills” closing out their shorts was, as expected, quite short lived and moments ago the pricing of an ugly 5Y auction reminded just how much more pain lies in store for the US bond market.The sale of $52BN in 5Y notes priced at a high yield of 4.899%, […]
Grains Report – Wednesday, October 25

Grains Report – Wednesday, October 25

Photo by Kate Ibragimova on UnsplashWheatGeneral Comments: Wheat markets closed lower yesterday and trends are sideways in all three markets. The war in Ukraine continues with Russia still bombing Ukrainian ports near the Black Sea and Danube River and has been having success. Russia is still exporting and offering Wheat into the world market. Ukraine […]