Category Archive: Finance, No picture
Sensex Opens Marginally Higher; Realty And Pharma Stocks Witness Buying
Asian shares are trading on a mixed note today. The Nikkei 225 is down 0.26% while the Shanghai Composite is trading up by 0.17%. Back home, India share markets opened the day marginally higher. The BSE Sensex is trading up by 24 points (up 0.1%) while the NSE Nifty is trading up by 7 points (up 0.1). The BSE Mid Cap index is trading up by […]
WTI Crude Oil And Natural Gas Forecast – Thursday, Sept. 6
WTI Crude Oil The WTI Crude Oil market broke down a bit during the trading session on Wednesday, breaking the back of the shooting star from the Tuesday session. Traders are starting to worry about a potential global slowdown due to trade tariffs, and quite frankly we probably just got a little bit ahead of […]
Tesla “Lawyering Up In A Major Way” As SEC Pressure Intensifies
The SEC’s formal investigation into Tesla looks to be ramping up because as FOX Business News reporter Charlie Gasparino reported on Wednesday, Tesla’s board and Elon Musk have both retained counsel with substantial pedigree to defend themselves. In an on-air segment between Gasparino and Neil Cavuto on Wednesday afternoon, Gasparino reiterated that the SEC investigation into the […]
International Equities At (Or Near) An Inflection Point
We continue to believe that threats of potentially prolonged trade wars have served as an emergency brake to a stock market that has been pressing on the gas pedal to try and move forward with a growing global economy serving as a tailwind. As progress is reported with respect to trade negotiations, as we saw […]
Market Cap To GDP: Updated Look At The Buffett Valuation Indicator
Note: This update incorporates the latest Z.1 data release (Q1), the Q2 GDP Second Estimate, and the August close data. Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazine interview that “it is probably the best single measure […]
Stocks For You To Swing-Trade: BABA, TRCO, CVS
Thursday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Long CVS Health (CVS) Long Tribune Media (TRCO) Short Alibaba (BABA)
5 Of Today’s Biggest Marijuana Stock Losers – Wednesday
Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Wednesday, September 5th including CannTrust Holdings Inc. (TSX:TRST) (OTC:CNTTF) and more… CannTrust Holdings Inc. (TSX:TRST) (OTC:CNTTF) Shares of CannTrust Holdings Inc. dropped 6.25% on higher than average trading volume on the OTC markets, closing the day at $7.68764 USD per share. Today, CannTrust announced that it is […]
The Ultra-High Taxes Created By Trade Tariffs
It’s really very simple. If someone is making a ton of money off of you, they are less inclined to blow you up. Profits are a great pacifier, and no one wants to destroy the people who have been buttering your bread. During the 1960s, the U.S. defense establishment went into a panic when China […]
The Market’s Shaky House Has Good Bones
Before I begin, I hope some of you took advantage of last night’s report on shorting Netflix. NFLX began the session lower and proceeded to sell off. NFLX stock closed lower by over $22.00. When I wrote “the slope on the 50 daily moving average is negative. That means the warning phase could escalate to […]
The Trade Deficit Rises
From Goldman Sachs (Hatzius, et al.) today: The trade deficit rose to $50.1bn in July, from a revised $45.7bn in June. Total exports fell 1.0%, as the total drop in exports ($2.1bn) was comprised primarily of declines in civilian aircraft ($1.6bn) and soybeans ($0.7bn). The decline in soybeans exports likely reflects payback following a sharp […]
