Category Archive: Finance
This New Feature From Amazon.com, Inc. Could Disrupt Twitter Inc. Forever
Written by Stocknews.com Amazon.com, Inc. (Nasdaq: AMZN) is most prominently known for its rapidly growing retail presence, but its Twitch video game broadcasting service is growing fast — and just rolled out a new feature that could disrupt Twitter Inc. (NYSE: TWTR) forever. Amazon acquired Twitch back in 2014 in a move that left a lot […]
The Barron Is Back
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. In 2001 you could count the number of people in the world who believed we were starting a gold bull market on one hand even if you were missing fingers. Everyone hated gold, […]
“Only” 16% Of The World’s Total Debt Now Has A Negative Yield
On Monday in “Was $13 Trillion Peak Negative?” I highlighted the following two charts … (BofAML) …on the way to suggesting that perhaps – just perhaps – the reflationary momentum that seemed to reassert itself late last summer and which was given a Pulp Fiction-style adrenaline shot to the chest following Donald Trump’s election, might mean that we’ve […]
Why OPEC Is Colluding With Hedge Funds
Something unprecedented happened last November when OPEC sat down in Vienna to hammer out the final terms of its oil production cut deal (which, incidentally, has yet to translate into a drop of all time high inventories): one day before the summit, the oil producing cartel – or rather Saudi Arabia – secretly invited hedge […]
Yuan Strengthens As Foreign Reserves Rise
Yuan Rates – China’s foreign reserves increased $6.92 billion in February from the previous month, the first rise in seven months. The February print also climbed above $3.0 trillion, a level considered to be psychological important, to $3.005 trillion. The offshore Yuan strengthened against the U.S. Dollar, with the USD/CNH falling 67 pips within the first four […]
S&P 500 Is Getting Ready For Real Wage Growth
The S&P 500 is highly correlated to real wage growth and recent gains in the index may be anticipating faster wage growth under Donald Trump, that’s according to research from analysts at Jefferies. S&P 500 Is Getting Ready For Real Wage Growth According to Jefferies’s weekly chart update, when compared to returns of the S&P 500, real wage […]
How To Supercharge The Autonomous Vehicle Industry
What will the car of the future look like? It may not be long before we know. In early February, Ford announced that it will allocate a staggering $1 billion over the next five years to develop the first fully autonomous vehicle, and almost every global automaker is working feverishly to create the ultimate self-driving […]
Prince Valeant
Just a quick update on Valeant Pharma, which apparently Bill Ackman has nearly 12,000,000 shares of (at much, much higher prices) – – major trendline break means basically there is no limit to how low this can go (excepting for $0.00). The good news for everyone is that those Wall Street analysts once again totally earned their seven-figure salaries by helping […]
You Bought A Lot Of Overpriced Stocks – Now What?
We discuss Politicians on both sides of the aisle and the propensity for overpromising and under delivering, and what this means for the stock market longer term. Paper Profits do not count for much in the end. You can buy Stocks at all-time highs, but then you are stuck with Dogshit Stocks at all-time highs […]
New Weatherford CEO Greeted With Accolades, M&A Speculation
A number of Wall Street analysts has issued upbeat opinions on Weatherford’s (WFT) decision to hire former Halliburton (HAL) CFO Mark McCollum as its CEO, effective next month. Capital One responded to the news by upgrading Weatherford, while research firm Gabelli wrote that the appointment increases the chances of Halliburton eventually acquiring Weatherford. NEWS: Weatherford […]
