Category Archive: Finance
Law 101 Meets Psych 101
Steve Saville has a post out called Don’t Think Like a Lawyer. In the post he notes the following… “The job of a judge or juror is to impartially weigh the evidence and arguments put forward by both sides in an effort to determine which side has the stronger case. The job of a lawyer is to […]
Economic Data And Forecasts For The Weeks Of July 24 And July 31
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of July 24 July 24 PMI Manufacturing Flash Index 52.0 52.0 52.0 PMI Services Flash Index 54.2 54.2 54.1 Existing Home Sales […]
5 Actionable Lessons From The Enron Scandal
Although more than a decade has passed, the name ‘Enron’ continues to hold notoriety in the investing community. Enron’s 2001 bankruptcy destroyed more than $60 billion of shareholder value. At the time of its bankruptcy, Enron was the seventh-largest company in the United States. Additionally, Enron’s $63.4 billion in assets made it the largest bankruptcy ever (until it was […]
Upcoming Earnings Reports To Watch: GOOGL, CMG, FB, AMZN
Earnings season is in full bloom, as numerous publicly traded companies continue to release their latest earnings reports, which are providing investor with fresh updates on consumer tendencies, economic conditions, and company specific financial outlooks. However, it is extremely easy to become lost in all the different earnings and financial releases over the next month. […]
Speculators Switch To Net Long Canadian Dollar Futures
Since the beginning of May the Canadian dollar has been the strongest of the major currencies. However, until the most recent CFTC reporting week ending July 18, speculators in the futures market were net short. The persistent buying has seen the speculative gross long position rise to 60k contracts (adding nearly 14k contracts during the latest […]
Gold Prices Extend Gains As USD Plunges- All Eyes On FOMC
Fundamental Forecast for Gold: Bullish Gold prices rebounded for a second consecutive week with the precious metal surging 2.06% to trade at 1253 ahead of the New York close on Friday. The advance marks the largest weekly gain since May and has been supported by continued weakness in the greenback with the DXY down more than […]
No More “Cash On The Sidelines”: Private Client Cash Levels Drop To Record Low
One can finally put all references to “cash on the sidelines” in the trash can, not only for purely logistical reasons (when someone buys a stock, the seller ends up with the cash), but also from a purely cash allocation basis. According to the latest BofA flow show report, Michael Hartnett writes that as of […]
Tech Earnings Are Great
Tech Isn’t A Bubble I have made it clear that the current stock market isn’t like the technology bubble of the 1990s. The biggest reason is because technology stocks aren’t overvalued compared to their earnings. The most misleading chart that bears show is the chart of the Nasdaq which makes it look like we are […]
Analyzing The Bull Market Thesis – Saturday, July 21
Review & Update Analyzing The Bull Market Thesis Sector & Market Analysis 401k Plan Manager Stocks Rise Following Breakout In last week’s missive “Bulls Run On Yellen’s Easy Money,” I addressed the breakout and why we increased equity exposure modestly in portfolios. “However, this changed this past week as Yellen uttered the two magic words: ‘EASY MONEY.’ Okay, it […]
Week In Review: C-Bridge Raises $400 Million For Second China Healthcare Fund
Deals and Financings C-Bridge Capital, a China private equity firm with a life science focus, closed its second fund, C-Bridge Healthcare Fund II, at its $400 million cap (see story). C-Bridge plans to invest in late-stage companies in the fields of bio-technology, pharmaceuticals, medical devices and health care, particularly those with cross-border ambitions. C-Bridge is active […]
