You’ve Given Me So Much, Dow You’re So Unreal
First, a follow up on yesterday’s action in Weight Watchers (WTW) and Tesla (TSLA). Oprah fever continued today with WTW roaring another 10% higher, finally settling up just below 9%. Extraordinary. Tesla, after the story about the SpaceX satellite getting lost in space emerged, impressively held gains from Monday, but did not make a huge-or […]
Natural Gas Short Squeezes Into The Settle
Yesterday we closed our blog by saying that winter volatility was likely to return soon to natural gas, and that it sure did. We saw a wild day of price action today, with prices rallying overnight on a bullish run of the European ensembles before selling off on strip weakness through the day and spiking […]
Resisting The Urge
Yields rallied today as bond prices headed lower. I took advantage of the opportunity by trimming stocks and buying bonds. I can’t remember the last time that I did that. I usually just keep sale proceeds in cash. Weakness in the miners today, or at least some of the miners. I’m not picking on FCX. […]
Bonds Bloodbath, Ripple Wrecked, S&P Surges To Best Start In 30 Years
First things first – Japan tapered its bond purchases once again (and sparked chaos in bond land) and China shifted its FX regime, sparking a tumble in the Yuan… Both seemingly sending a clear message to bond bulls.. 6 days into 2018 – 6 days up for the S&P 500 and 6 days with 10Y above […]
The Risks Associated With Some Blockchain Stocks
Blockchain stocks are hot. In fact, they are too hot, and that has a risk associated to it. Case in point: A little-known micro-cap stock called Long Island Iced Tea Corp. announced on Thursday December 21st that it changes its name into ‘Long Blockchain Corp.’ The same day its stock price rose more than 200 percent at the open […]
Second Longest Record Streak To Start A Year
Stocks Have An Endless Bid The S&P 500 was up again on Monday, foiling my thesis that there would be a correction this week. The S&P 500 is up 5 out of 5 days this year for a gain of 2.77%. Some investors who outperformed last week already had gains which equal a good year in […]
Short Setups Lack Purpose In This Market
The bulls are in full control. Until then, shorting the market serves little to no purpose. While I’ll still continue to post these lists of short setups, shorting these stocks or the market as a whole would not be considered the path of least resistance. More like the greatest amount of resistance. For beginners you […]
“Bill Gross Is Early”: Jeff Gundlach’s Complete Presentation Highlights
On Tuesday afternoon, Jeff Gundlach held one of his more exhaustive “Just Markets” calls with investors. Among the numerous discussion points touched upon, the “bond king” who alone predicted Donald Trump’s victory one year before the election, had several more bold contrarian calls, key among which was his observation that while stocks are now in […]
Here’s Where The Gold Bar North Claims Fit Into U.S. Gold Corp.’s Strategy
TM Editors’ Note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. On July 5, 2017, U.S. Gold Corp. (USAU) announced that it had completed the acquisition of the Gold Bar North [GBN] claims in Nevada. The acquisition expands on the company’s existing claims in […]
Long-Term Trends In Employment By Age Group – Tuesday, Jan. 9
Note: This commentary has been updated with the latest numbers from last week’s Employment Report. The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military […]
