Category Archive: Finance, No picture
The Last Holdout
True to form, whoever holds the government it is for them the best economy ever. It doesn’t matter political parties or otherwise affiliations. The rhetoric has become so unhinged that in the US former President Obama is trying to take credit for current President Trump’s economic “miracle” – that doesn’t actually exist. In India, the Modi […]
Today’s Pick: Timken
This week I’m seeking a prestigious and long-term dividend paying stock from the industrials business sector. That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we know, want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required […]
E Housing Construction In Canada Is Slowing
“The national trend in housing starts stood at a 19-month low in September, following declines in four of the last five months. The slowdown in the pace of new residential construction activity in recent months is a result of both lower single-detached and multi-starts units.” (CMHC, Housing Observer, October 9, 2018) Canadian housing starts fell […]
Margin Debt And The Markets
Note: The NYSE has suspended their NYSE Member Firm margin data as of December 2017. We have replaced our Margin Debt data with FINRA data, which includes data for all firms, not just NYSE member firms. The New York Stock Exchange previously published end-of-month data for margin debt on the NYX data website, including historical data going […]
Housing Consensus Dead Wrong
Before jumping right into housing affordability, it is necessary to consider the affordability of common stocks, investor interest and initial public offerings in the early 1980s through today. Back in 1982, stocks were the most affordable of my lifetime. I can remember pitching Coca-Cola (KO) to investors in 1981-1982 at six-times earnings with a 5% […]
Three Stages Of Gold
For days after China shocked the world in August 2015, “devaluing” its currency seemingly out of nowhere, there was only confusion as to what had just happened. Going by nothing more than the mainstream media and economic narrative fed to it by central bankers and economists (redundant), you wouldn’t have known anything was wrong at […]
USD/CAD Price Outlook: Canadian Dollar On The Edge Ahead Of BOC
USD/CAD testing critical resistance zone ahead of BOC – levels to know Check out our 3Q projections in our Free DailyFX Trading Forecasts Join Michael for Live Weekly Strategy Webinars on Mondays at 12:30GMT The Canadian Dollar has plummeted more than 1.4% month-to-date against the greenback with USD/CAD trading just below confluence resistance ahead of the Bank of Canada interest rate decision tomorrow. Here are the updated targets […]
Dollar, Gold, Odds Of Recession? Numerous Things More Important Than Midterms
A lame duck session in Congress is coming up. Realistically, it will last for the rest of Trump’s term. Other Things More Important FXSTREET asked me my opinion on the Midterm election and what it meant for the dollar. I replied that Tariffs, Iran, ECB actions, and Fed actions were more important. So are Brexit […]
How An Expense Ratio Is Robbing You Daily
Investing in mutual funds and exchange traded funds are great ways for smaller investors to begin investing in the stock market. They are also a great way for people without a lot of money to invest in the stock market. But they have an ugly secret, an expense ratio. While on the surface you might […]
