The Age Of Expensiveness
If it seems like just about every asset class is expensive, then you’re probably paying good attention to reality. Our indicators show a curious situation where 3 of the major asset classes; stocks, treasuries, and property, are all overvalued. There’s a couple of good reasons why this has come to pass, and there’s a few […]
PayPal Falls As SoftBank Plans Digital Payments System
Shares of PayPal (PYPL) are falling after a report that Japanese conglomerate SoftBank (SFTBF) is considering the creation of a digital payments system. SOFTBANK MULLS PAYMENTS SYSTEM: SoftBank is considering a plan to lead a bank-backed consortium to develop a digital payments system to compete with PayPal, Apple Pay (AAPL) and Alibaba’s (BABA) Alipay, The […]
This ETF Is A Safe Bet Even When U.S. Stocks Fall
I know it hasn’t happened in some time. But, someday, the U.S. stock market will decline. The bears are making good arguments. From a fundamental perspective, the bears warn stocks are as overvalued as they were before market crashes in 2000 and 2008. I believe more gains lie ahead for U.S. stocks, but other global […]
Timing The Late Cycle
The Other Model Indicators Let’s take a look at the indicators in the macro model to see whether the stock market is overvalued and if the economy is late in the cycle. In my opinion, many of the indicators are distorted making this model a talking point rather than actionable advice. I skipped the consumer […]
The Outer Limits Of Sentiment
Of all the moving parts contradicting the narrative of the growing economic boom, it’s incomes that will do it the most disservice. After all, there can be no such thing without them. Until our future robot AI overlords finally descend to either free humanity from labor, or eliminate us altogether, the economy still runs on the basic […]
EURJPY: Declines On Bear Pressure
EURJPY now looks to weaken further after it saw a move lower during Monday trading session. On the downside, support comes in at the 134.00 level where a break if seen will aim at the 133.50 level. A cut through here will turn focus to the 133.00 level and possibly lower towards the 132.50 level. […]
Ripple Price Climbs After XRP’s Inclusion On Dubai-Based BitOasis Exchange
As with the majority of cryptocurrencies, the Ripple price has not been doing very well over the past few weeks. There may be some good news for the currency’s value, however, as it will soon be added to Dubai’s top cryptocurrency exchange, BitOasis. A Newcomer To BitOasis Around the end of December and the beginning of […]
Large-Cap Growth ETF (FTC) Hits New 52-Week High
For investors seeking momentum, First Trust Large Cap Growth AlphaDEX Fund (FTC – Free Report) is probably on radar now. The fund just hit a 52-week high and is up around 32.4% from its 52-week low price of $50.39/share. But are more gains in store for this ETF? Let’s take a quick look at the fund and the […]
First Majestic Completes US$150 Million Convertible Senior Notes Offering
VANCOUVER, British Columbia, Jan. 29, 2018 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (TSX:FR) (NYSE:AG) (Frankfurt:FMV) (“First Majestic” or the “Company”) announced today the closing of its previously announced offering of US$150 million aggregate principal amount of 1.875% unsecured convertible senior notes due 2023 (the “Notes”). The initial conversion rate for the Notes is 104.3297 […]
The Week. The Record. The Extreme Sign For Gold
To say that gold’s weekly volume was big is like to say that snails are not the fastest animal. You can’t say that it’s a lie, but it doesn’t really convey the entire truth, either. Gold’s weekly volume was highest EVER. Yes, ever. There was not a single week – not ever during the 2011 […]
