S&P 500 Strong, DAX Trying To Firm Up, FTSE Remains A Laggard
S&P 500 Last week was a holiday-shortened week, with markets closed for the Thanksgiving holiday on Thursday and early on Friday. Looking ahead to next week there are several ‘high’ impact events on the docket, starting on Tuesday with Consumer Confidence, but of more interest that day is Fed Chair Nominee Powell’s testimony to the […]
Canopy Growth Corp. Will Support Growers Impacted By Aurora’s Acquisition Of Larrsen
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Yesterday, Canadian licensed marijuana producer Aurora Cannabis Inc. (ACB.TO) (ACBFF) signed a definitive agreement for the acquisition of Larssen Ltd. After making this announcement, Aurora said that any Canadian marijuana deal that Larrsen […]
EC The Low Volatility Puzzle: Is This Time Different?
from Liberty Street Economics — this post authored by David Lucca, Daniel Roberts, and Peter Van Tassel As stock market volatility hovers near all-time lows, some analysts are questioning whether investors are complacent, drawing an analogy to the lead-up to the financial crisis. But, is this time different? We follow up on our previous post by investigating […]
Market Talk – Friday, Nov. 24
Having had an extremely quiet day Thursday with Thanksgiving holidays in the states, many kept an eager eye on China following yesterdays 3% share decline. We did see the repeated weakness for most if the day, but managed an impressive rally just ahead of the close to finish small higher (+0.1%). The talk surrounding tighter […]
Erroneous Presumptions Undermine Financial Plans
Years of low rates, financial bubbles and poor saving plans have led to widespread shortfalls in household finances globally. Canadians are poster children for the consequences. A new Manulife Bank survey finds that three in ten Canadians are so financially confused that they don’t consider their mortgage a debt; two in ten don’t consider car […]
First Capital, Inc. Announces Quarterly Dividend
CORYDON, Ind., Nov. 24, 2017 (GLOBE NEWSWIRE) — The Board of Directors of First Capital, Inc. (Nasdaq:FCAP) has declared a quarterly cash dividend of $0.22 (twenty-two cents) per share of common stock, according to William W. Harrod, President and Chief Executive Officer. The dividend will be paid on December 29, 2017 to shareholders of record […]
Hot Options Report For End Of Day – Friday, Nov. 24
The most active equity options and strikes for end of the day: AAPL, JNJ, FB, DKS, BABA.
Taxes, Macro Signals, Seasonality, US Stocks And Gold Miners
While politicians hammer out the details it is generally accepted that corporations and by extension the investor and asset owner classes are targeted for benefits under the coming Republican tax plan. The logical implication of that beneficial treatment is that barring a market meltdown in the interim, people looking to unload stock positions and take […]
USD/CAD: Break Of 1.2675 To Confirm Downside Remains Intact; Staying Short
The Canadian dollar was pushed higher by rising oil prices but held back by worries about the Canadian economy. What’s next? Here is their view, courtesy of eFXnews: TD FX Strategy Research discusses USD/CAD outlook in light of the downside surprise in Canada’s retail sales report this week. “In spite of the deceleration in data surprises in […]
Inflation Picked Up In October
Inflation Picked Up The latest CPI report for October gives support to that prediction as we saw core CPI accelerate for the first time since January as you can see in the chart below. The CPI increased 0.1% month over month and 2% year over year. Core CPI was up 0.2% month over month and […]
