Category Archive: Finance
The Cardinal Sin: Missing Out
The greatest fear in the investment management industry is not what one might expect. It is not losing money but the fear of not making enough money when the market is moving relentlessly higher. This “fear of missing out” strikes terror into the heart of portfolio managers as clients will simply not tolerate it; it is […]
Silver Breaking Above 2015 Falling Resistance
Do you like the idea of buying low and selling higher? When it comes to something that is low in price, Silver and Silver Corp (SVM) don’t have much to brag about in the past 4-years! The chart below compares the performance of the S&P 500 to Silver and SVM over the past 4-years. […]
Oppenheimer Weighs In On Biotech Stocks: Opko Health, Inc. (OPK), OvaScience, Inc. (OVAS)
Rohit Vanjani of Oppenheimer rates stocks in the biotechnology sector and is one of the top 25 analysts rated on TipRanks. Yesterday, Vanjani made two news ratings for Opko Health (NYSE: OPK) and OvaScience (NASDAQ: OVAS). Vanjani maintained a Perform rating on Opko Health, Inc. though he did not provide a price target. The pharmaceutical and diagnostic company posted […]
OMG: Putting Jump In Interest Rates Into Perspective
During my daily radio broadcast yesterday, I received a rather “panicked” call regarding the “dramatic plunge” in his bond funds due to the recent jump in interest rates. Of course, he is not alone. Over the last few weeks the media has done its normal headline-grabbing spin by dragging out every bond “bear” they can find to discuss why this time, […]
Close To Retirement And Under-Saved, What Should You Do?
A blog post from the Wall Street Journal back in February noted that “the typical working household with a 401(k) approaching retirement had only $111,000 in a 401(k) and IRA.” There are plenty of articles floating around in the last couple of years lamenting how low retirement balances are. If $111,000 is right, that would […]
Russia Continues To Buy Gold As China Could Cause A Shake-Up This Year
After a two month pause, the Russian Central Bank has once again increased its gold holdings in March by 1 million ounces to a new total of 39.81 million ounces of gold. This is remarkable as most market spectators expected the Russians would almost be done with buying gold as its total amount of foreign […]
Retail Sales Continue To Slow In April 2015. Inflation Adjusted Sales Are OK
Retail sales were unchanged according to US Census headline data and was below expectations. We see a continued slowing of retail sales. Consider that the headline data is not inflation adjusted and prices are currently deflating making the data better than it seems (but still not excellent and still decelerating). Overall the rolling averages are […]
Rackspace Hosting Inc. Shares Fall 14% Following Lackluster Q2 Guidance
Cloud computing company Rackspace Hosting Inc. (NYSE: RAX) announced its first quarter earnings report on Monday, May 11, which consequently sent shares down 14% in after-hours trading on Monday evening. Highlights from the report include $0.20 earnings per share and $480 million in revenue, up from $0.18 earnings per share and 14.1% in revenue from the […]
U.S. Retail Sales, Flat In April, Dip Below 1% YoY Change
Consumer spending was unchanged in April vs. the previous month, according to this morning’s release of the government’s retail sales report. Last month’s flat performance follows a strong rise of 1.1% in March, which suggests that a degree of payback may explain April’s lackluster results. Even so, it’s hard to overlook the deceleration in growth in the […]
Will We Hold It Wednesday – S&P 2,100 Edition (Again)
Now this is getting interesting. As you can see from Dave Fry’s S&P chart, we are really close to failing the bottom of that wedge we’ve been testing since March and the 5th time may be a charm – as that’s how many times we’ve tested 2,100 in the last 30 days. Of course, […]
