Category Archive: Finance
What Is Going On With Barrick? My Answer: Nothing Special
Today Barrick Gold (ABX) released its 1Q 2017 report. In my opinion the results were decent however Barrick’s shares are diving now (at the time of writing this post they are 9.8% down). What is going on? Well, the company also published its updated production outlook for this year. Look at the table below: all figures in […]
Has Gold Lost Its Mojo
Gold price enthusiasts are wondering why the recent rally has suddenly lost its “mojo”. Some analysts worry about the GDXJ ETF portfolio rebalancing, and others are focused on the global stock markets rally. That’s a seasonal chart for gold, courtesy of Dimitri Speck. While the headlines are full of news on North Korea and US […]
Longevity And Income
Americans do not like to talk about class. Many like to think that there are no classes in the US and that sufficient hard work and one’s socio-economic status can be raised. These days, discussions of the disparity of wealth and income are acceptable ways to talk about class. There are various studies that suggest such mobility […]
EC Are Retailers Killing True Free-Market Pricing?
American stores are dropping like flies. More than 8,600 retail locations could close their doors in 2017, according to a recent Credit Suisse report. On the other hand, people are still shopping, just in different ways. And the shift from brick-and-mortar stores to “online malls” has many consequences we don’t even understand yet. For example, […]
“Buyer Beware”: Trading VIX ETPs? You Probably Have No Idea What You’re Doing
What started as a (mostly) innocent attempt on our part to highlight the multiplying canaries in the ETF coal mine, has recently morphed into a veritable crusade. When it comes to low-cost, passive investment vehicles, that old saying about “too much of a good thing” certainly applies. The rampant proliferation of ETFs has created all manner of […]
Canada’s Soft Lumber And Dairy Are Easy Targets For Trump’s ‘America First’ Strategy
Donald Trump is a very media-centric public figure. And because the chatter in DC now is of Trump as a legislative failure during his first hundred days in office, Trump needs a win – and Canada is an easy target. Here’s why. First, let’s remember what the objective for Trump here is. He campaigned on […]
Bull Flag Breakout People
Shockingly the market didn’t sell-off the bull flag in the afternoon and maintained the breakout instead That afternoon sell-off has been strong of late, but the bull flag held strong on the charts and the breakout is still in play. Should you be short right now? Not according to the charts. Yes, there is plenty […]
Cisco Could See Tremendous Growth On The Trump Tax Plan
This week, all eyes are on Donald Trump, and for good reason. You see, Donald Trump said that he will be releasing his tax plan at some point this week, and many are expecting it on Wednesday. For Cisco, this could prove to be a huge catalyst. Today, we’ll talk about what Trump said on […]
Box Revenues Still Not Turning Into Profits
Photo credit: jiunn kang too/Flickr.com. According to a recent report published by MarketsandMarkets, the cloud storage market size is estimated to grow $23.76 billion in 2016 to $74.94 billion by 2021. That translates to an annualized growth rate of 25.8% over the five-year period. Box’s Financials Box’s (NYSE: BOX) fourth quarter revenues grew 29% over the year […]
March 2017 Headline New Home Sales Improve And Above Expectations
Written by John Lounsbury and Steven Hansen The headlines say new home sales improved and was above market expectations. Analyst Opinion of New Home Sales This month the backward revisions were small and the rolling averages significantly improved. This was a good month for new home sales. This data series is suffering from methodology issues which manifest as […]
