October 2017 Consumers Report Fewer Credit Application Rejections
From the New York Fed The Federal Reserve Bank of New York’s Center for Microeconomic Data today released results from its October 2017 Survey of Consumer Expectations (SCE) Credit Access Survey, which is fielded every four months. Consumers’ recent experiences were positive, with declines in both rejection rates for credit applications over the past 12 months […]
5 ETFs Behind Vanguard’s Success In 2017
The ETF industry is growing rapidly with the three largest providers, BlackRock (BLK – Free Report), Vanguard and State Street, dominating the United States market. In particular, Vanguard has become extremely bigger than what it was eight years ago. This is especially true as Vanguard’s total assets under management more than quadrupled to $4.8 trillion from $1.1 […]
Bullish Watch List For The Most Bullish Of Weeks
S&P 500 is off to a respectable start on the most bullish week of the trading year. Historically, Thanksgiving tends to be a good week for traders. Low volume, but by-and-large, it tends to perform most consistently to the upside than any other trading week of the year. This list then, should come in handy […]
Bitcoin Hits Record High Amid Square Inclusion On Cash App
Bitcoin hit a new record high on Sunday, breaking the $8,000 threshold for the first time. WHAT’S NEW: Bitcoin reached $8,121.56 on Monday at 12:25 p.m. London Time after breaking the $8,000 value on Sunday, CNBC reported, citing the Coindesk website. The high comes after a sell-off on November 12, in which the cryptocurrency’s price […]
Investing Like The Mafia
As famed market strategist Richard Bernstein has pointed out, investors should pattern common stock selection after the investment style of the Mafia. What causes the Mafia to get such good returns? How do they spot opportunities? Why should we as investors in publicly-traded common stocks emulate their behavior near the end of 2017? First, the […]
Thoughts On The Sell-Off Of PMs Today
(Audio length 00:10:00) Doc is with me today to share his thoughts on the move down in the precious metals today. Last week gold creeped up close to $1,300 but starting this week is giving up pretty much all of those gains from last week. We assess where the PMs could close and what impact […]
OPEC Meeting On November 30th To Discuss Extending The Cuts
New Sentiment Indicator It’s always interesting to see new metrics which attempt to give added insight. We have the consumer confidence index, the estimate on how much consumers plan to spend on Christmas gifts, and the consumer’s opinion on where the stock market will be in the next year. All three of those sentiment readings […]
3 Casino Stocks To Buy Now – Monday, November 20
Perhaps it’s because trading stocks can often mirror the thrill of winning big at the blackjack tables, or maybe it’s because Las Vegas conjures images of the world’s most flashy brands and businessmen. Regardless of the reason, it’s clear that gambling stocks are always among the most popular on Wall Street. Luckily for investors, now […]
Gold’s Stock Value And Bitcoin’s Market Cap
Gold’s stock value was 1 trillion dollars in 1999 & almost hit 10 trillion dollars in 2011 – currently sitting on 7.437 trillion. Bitcoin’s crypto value was 20 billion & now has risen to 120 billion in much the same manner. What many do not realise is that whilst Bitcoin might rise another 10 fold […]
