Category Archive: Finance
The Anticipation For The 2011 Inflation Case
The PCE Deflator rose 2.31% year-over-year in July 2018, according to the Bureau of Economic Analysis. That makes five in a row for Jay Powell to try to make his case. Prior to March, the central bank had missed its target for the PCE Deflator in 68 out of 70 months using the 2012 dollar […]
“Fallen Angel” Alert: Is Ford’s Downgrade The “Spark” That Crashes The Bond Market
Back in November, still smarting from a year he would rather forget, Russell Clark and his Horseman Capital, i.e. the “world’s most bearish hedge fund” unveiled what he would short next: according to Clark, the next major source of alpha would be shorting fallen angel bonds or those investment-grade companies in danger of being downgraded to junk. Citing […]
Natural Gas Shakes Off A Slightly Larger Storage Injection
The October natural gas contract took over as prompt today, moving up a bit more than a cent on hotter forecasts even as EIA data missed slightly to the bearish side. Prices initially shot lower when the EIA announced that 70 bcf of gas was injected into storage last week, compared to our estimate of […]
Moving Averages: August Month-End Preview
Here is an advance preview of the monthly moving averages we track after the close of the last business day of the month. At this point, before the close on the last day of the month, all three S&P 500 strategies are signaling “invested” — unchanged from last month’s triple “invested” signal. Four out of […]
5 Of Today’s Biggest Marijuana Stock Gainers – Thursday, August 30
TM editors’ note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence. Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock winners in trading on Thursday, August 30th including CV Sciences, Inc. (OTC:CVSI) and more… CannTrust Holdings Inc. (TSX:TRST) (OTC:CNTTF) Shares of CannTrust Holdings […]
Do All Leveraged ETFs Go To Zero?
When it comes to leveraged ETFs, two of the more popular myths are as follows: “They all go to 0 over time.” “If you hold them for more than a few days, you will lose money.” Fact or Fiction? You be the judge… The 3x Long Nasdaq 100 ETF (TQQQ) was launched in February 2010, […]
5 Low P/E Companies In The S&P 500 – August 2018
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected some of the most undervalued companies of S&P 500. The ModernGraham model is based on the full teachings of Benjamin Graham. All of these companies are suitable for the Defensive Investor and/or the Enterprising Investor. Defensive Investors are […]
Ulta Beauty (ULTA) Q2 Earnings Beat, Soft Q3 View Hurts Stock
Ulta Beauty, Inc. (ULTA – Free Report) reported mixed second-quarter fiscal 2018 results, wherein earnings outpaced the estimates while revenues missed. However, both the bottom and top line improved on a year-over-year basis. Further, management issued guidance for the third quarter and reiterated its view for the fiscal year. Results were fueled by the company’s retail business, solid […]
‘Mispriced’ Bonds Are Everywhere
The US yield curve isn’t the only one on the precipice. There are any number of them that are getting attention for all the wrong reasons. At least those rationalizations provided by mainstream Economists and the central bankers they parrot. As noted yesterday, the UST 2s10s is now the most requested data out of FRED. It’s not […]
The Major Differences Between Chapter 7 And Chapter 11 Bankruptcy
Photo Source If you find yourself in a mountain of debt that you just cannot dig out of, you might consider looking into bankruptcy. Before you do make the decision, however, there are some important things you need to understand. For example, when you declare bankruptcy, your credit score will tank and you will have […]
