Category Archive: Finance
Supply, Supply, Supply
50% of the basic economic equation is supply. Too little of it, prices climb, too much, they fall. In the real estate market 6mos is considered “equilibrium” where supply meets demand. When you have too little supply and still increasing demand, you can just about guarantee higher prices. The Houston housing market is seeing this […]
Make Profits From Tougher Oil Transport Rules
Well, it happened again. A Burlington Northern Santa Fe (BNSF) train carrying crude oil derailed on Wednesday in North Dakota and caught fire. No one was injured, but the small town of Heimdal was evacuated. This is the ninth fiery oil train derailment in North America since 2013. The amount of crude oil shipped by […]
Why Subsidize Data Centers?
A number of authors (Good Jobs First, David Cay Johnston, me, and me, among others) have pointed out that data centers (aka server farms) in the United States create very few jobs, yet receive state and local government subsidies that routinely exceed $1 million per job. I’m sure you already know that numbers like those make me ill: […]
Comex Gold Rises To A Near Record 107.7 Claims Per Registered Ounce
Well, here we are again. As you may have noticed from my postings of the Comex Warehouse Gold inventories, lately there has been a significant drop in the level of ‘registered’ or deliverable gold held there. And since the open interest or number of contract held by punters and investors is not dropping commensurately, the […]
Yet Another Chart That Whimpers “Recession”
It’s worthwhile recalling that mainstream economists, the Federal Reserve, government agencies and the mainstream financial media all deny the economy is in recession until it falls off a cliff. Back in March I published unambiguously recessionary charts of new orders and per capita energy consumption: New Orders Look Recessionary (March 9, 2015) Why Is Per Capita Energy […]
Why Are Exchange-Traded Funds Preparing For A ‘Liquidity Crisis’ And A ‘Market Meltdown’?
Some really weird things are happening in the financial world right now. If you go back to 2008, there was lots of turmoil bubbling just underneath the surface during the months leading up to the great stock market crash in the second half of that year. When Lehman Brothers finally did collapse, it was a […]
Cisco Efficiency Shines Through Q3 Earnings
Tech behemoth and Dow component Cisco Systems (CSCO – Analyst Report) reported earnings results after the bell Wednesday, and met earnings estimates once again. Cisco brought in 48 cents per share (accounting for stock-based compensation) on fiscal Q3 revenues of $12.14 billion. The Zacks Consensus Estimates expected 48 cents per share and $12.06 billion in sales. In […]
Surging Solar Industry & Low Production May Boost Silver
The use of silver in emerging technologies, particularly solar energy production, sets the stage for surging demand and rapidly rising silver prices in the future. That means the silver market provides some great opportunities for investors. According to a report in The Telegraph, analysts expect the demand for solar energy to increase 30% in 2015 alone. […]
5 Terrific Small Caps
Each week Value Line publishes a list of the 400 Small and Mid Cap stocks they feel have the best chance of relative price appreciation from the 3800 stocks in their data base. I have run these 400 through the Barchart technical indicators to find the stocks with the highest technical buy signals. Today’s list […]
