Category Archive: Finance
Sometimes We Win, Other Times…
Sometimes we win, other times we lose and still other times we sit there and think‘Oh #%[email protected]&!!!!, why did I nickel and dime this thing yesterday in trying to get a bid to fill? #[email protected]!&# damn me all to hell!’ I did exactly that latter thing with AAU yesterday as it had settled down toward […]
The CAC 40 Consolidates As Traders Wait For Direction
The CAC 40 is trading lower this morning, and is currently down -0.27% on the day. Of the 40 traded components on the Index, Sanofi is leading the way trading up 0.79%. Currently ArcelorMittal is leading the decliners, trading down 1.87%. With the CAC 40 little changed on the day, traders may begin to look towards […]
Book Review: Money Mindset By Jacob Gold
In The Money Mindset – Formulating a Wealth Strategy in the 21st Century, Jacob Gold traces the key components for building financial fitness, such as finding the right mindset, understanding risk, asset allocation, and diversification. He introduces the importance of understanding taxes and insurance. He gets the big picture on taxes, which is that you should pay the […]
Draghi Has Ruined Europe
Well, the central bankers are really beginning to fail in a very public way. Kuroda has obviously made a complete shitshow out of the senior citizens colony known as Japan. Yellen has, so far, been given a free pass by the blinkered, pig-ignorant American public, who are too busy watching the Kardashians, but trust Tim on this, she will have her comeuppance. […]
Zynga Inc. Stock Offers An Opportunity To Value Investors?
With its IPO priced at $10 per share back in December of 2011, Zynga (NASDAQ:ZNGA) has fallen more than 75% since. Inconsistent revenues, negative margins, and a declining user base have dragged the company down to alarming lows. However, Zynga still carries a very strong balance sheet and is trading only slightly above its book value, which […]
Amazon Will Climb Throughout 2016
Considering the amazing size of Amazon (AMZN) already, it’s hard to imagine that the company will be able to climb much higher, that is, until you take a look at what the company has in the works. You see, Amazon has three big things in the works right now that will likely send the stock […]
Buy With Confidence: The Nasdaq Biotechnology ETF Finally Breaks Out
In January of this year, I finally gave up on the near-term prospects of the iShares Nasdaq Biotechnology ETF (IBB) reversing what I called “The Clinton Bash.” After a rapid cascade downward from The Clinton Bash, IBB made three attempts from November to December, 2015 to reverse those losses. Those attempts came to a crashing […]
Nearly A Trillion In Short Interest Despite ‘Rally’
If there’s a trillion bucks AGAINST the rally, then imagine how much money is PUSHING the rally for it to continue. Now, where would this kind of money come from? It ain’t you and I, that’s for sure – pardon the very bad grammar! It is becoming pretty obvious that the big money wants to […]
EC HH Manufacturing In America: Are American Jobs Worth $30 Socks?
My younger daughter doesn’t conform to, well, much of anything. As a very young girl, she insisted on doing her own hair. She liked pony tails – lots of them – but as a four or five-year-old, she didn’t have much skill at getting them right. This meant that she often had 11 or 12 […]
Great Graphic: WSJ Survey Of Fed Expectations
This Great Graphic shows the results of the last three Wall Street Journal survey of business and academic economists on the outlook for Fed policy. The key take away is that despite all the talk and ink spilled on the shifting Fed stance and the split within the FOMC, economists views did not change much […]
