Bank Stocks Lead Gold Stocks Higher
As the world transitions from deflation to inflation, investors need to engage in serious sector rotation or they risk being left behind. Income growth in China/India, US government tax cuts, central bank rate hikes, and quantitative tightening are the main fundamental forces of this transition. The paint is barely dry on Trump’s first tranche of tax […]
Near Record Small Business Optimism
Today the National Federation of Independent Business (NFIB) reported small businesses are showing unprecedented optimism. The NFIB Small Business Optimism Index was reported at 107.6, the second highest reading in the 45-year history of the Index. The highest reading recorded was 108.0 in 1983. According to NFIB’s President and CEO, Juanita Duggan, “When small business owners […]
AMD Drops After Security Vulnerabilities Reported By CTS Labs
Shares of AMD (AMD) have weakened in early trading after CTS Labs, a cyber-security research firm and consultancy, released a report that it said details “multiple critical security vulnerabilities and manufacturer backdoors” in AMD’s latest processors. WHAT’S NEW: Earlier this morning, CTS Labs announced that it has produced a white paper detailing multiple critical security […]
March Madness For Investors
Outcome versus Process Strategies It is that time of year when the markets play second fiddle to debates about which twelve seed could be this year’s Cinderella in the NCAA basketball tournament. For college basketball fans, this particular time of year has been dubbed March Madness. The widespread popularity of the NCAA tournament is not […]
FitBit: New Products Could Boost The Stock
You may remember when we last covered FitBit (FIT), that we discussed why the stock was getting decimated. We talked about the product cycle and how the outlook was poor. Well, we have just learned that FitBit is now rolling out two new products, a light smartwatch and its first wearable for children. These new […]
Dick’s Stock Tumbles To Conservatives’ Delight
Two weeks after Dick’s Sporting Goods infuriated First Amendment supporters when the sporting goods retailer announced it would end sales of assault rifles, its stock is plunging and conservatives will hardly shed a tear. In early trading, shares of Dick’s tumbled as much as 7.3% to just above $30.19, its biggest intraday decline since mid-November, […]
Why Goldman Exited Its $1.1 Billion Stake In TransUnion
A new Form 4 filing with the SEC on Monday revealed that Goldman Sachs Group virtually sold its entire $1.1 billion stake in TransUnion (NYSE: TRU). Analyzing the company’s fundamentals help explain why Goldman sold its shares. Goldman Exits TransUnion On February 14th, Goldman Sachs Group filed its quarterly 13F regulatory filing. The filing showed that the investment firm held […]
Whiskey Wanters Win
This morning’s CPI report for the month of February from the BLS was altogether unexciting, with core CPI rising 0.2% MoM as expected. While the report was pretty boring generally speaking, it contained some excellent news for whiskey drinkers. As shown below, from 2002 to 2015 the price of whiskey rose ever higher relative to […]
Hi, Beta!
Volatility paid off big last week. How’s that old saw about March go? “In like a lion, out like a lamb”? That certainly held true for last week’s weather in most of the U.S. And it was true for our stock market as well. The SPDR S&P 500 ETF (NYSE Arca: SPY) gained 3.6 percent on the […]
3 Best Ranked Dimensional Mutual Fund To Buy
Founded in 1981, Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants and financial advisors. It boasts more than 1,000 investment professionals across 12 offices in North America, Asia, and Europe. Dimensional had nearly $577 billion of assets under management as of Dec 31, 2017. For the […]
