Category Archive: Finance
Troubling Signs At Bakken As Oil Production Growth Stalls
The euphoria of rising U.S. oil production continues in the Mainstream media while troubling signs are now taking place at the Bakken.Even though overall U.S. oil production has climbed due an increase in drilling rig activity, supply from the Bakken has stalled. According to the most recently released Drill Productivity Report from the EIA – […]
Blueprint Medicines – Chart Of The Day
The Chart of the Day belongs to Blueprint Medicines (BPMC). I found the oncology stock by using Barchart to sort today’s All Time High list first by the highest Weighted Alpha then for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 2/27 the stock gained 25.96%. Blueprint Medicines Corp is an oncology company which […]
Most Active Stock Options For End Of Day – Thursday, April 20
Most Active Stock Options For End Of Day April 20, 2017
Lessons On Investing From Bill Belichik And The NFL Draft
Tthesis: Coach Bill Belichick of the New England Patriots is one of the best football coaches of all-time and his ability to find value in the NFL Draft holds many lessons for investors. Wait for opportunities Cut losses No nostalgia Understands valuation Avoids overpriced areas Method to the Madness: How Belichick Rules the Draft Patiently […]
The IMF Recognizes The Debt Bubble
In this article, I will discuss the findings posted in the IMF’s Global Stability Report and some of the latest economic statistics. The IMF’s report was shocking as it has graphs that look like what economic realists like John Hussman and David Stockman publish. When the bearish narrative leaks into government reports, you know the […]
Stocks And Precious Metals Charts – Paper, Numbers, And Dreams
“There is no cause to worry. The high tide of prosperity will continue.” Andrew W. Mellon, Secretary of the Treasury, September 1929 “Secretary Lamont and officials of the Commerce Department today denied rumors that a severe depression in business and industrial activity was impending, which had been based on a mistaken interpretation of a review […]
Market Talk – April 20, 2017
Financials, energy, and resources took Asian markets weaker early in the sessions but had reversed all by the close with only the Nikkei not managing a gain. The Yen lost a lot of momentum today having faded the 108.00 level and late this US evening plays around the 109.40 range. Data released from China has […]
Shorting Euro Today…Cautiously…
Quotable “Come what may, all bad fortune is to be conquered by endurance.” –Virgil Clarity in the currency markets of late has been cloudy at best.The competing rationales continue to be: 1) End of the Trump reflation trade and therefore the US dollar has peaked: or 2) It wasn’t necessarily the reflation trade (which still may […]
USDCAD – Top Of The Range?
The collapse in oil prices yesterday pushed USDCAD to the top of its recent range at 1.3500. With crude still stuck at the $50/bbl and further weakness likely the loonie could push through the key 1.3500 resistance level as traders begin to worry about the impact of lower oil prices on the Canadian economy. But […]
This Is Not A Bullish Signal In The Gold Mining Space
Gold lost some value yesterday, as it fell from $1290 to $1270, but it recovered and stabilized at $1283 today. Gold is getting quite some attention lately. With political instability picking up again, investors and media favor the safe haven appeal of gold. But is gold really bullish or bearish right now? Moreover, what to […]
