EC HH Green Energy: Lost Cause Or Must-Have Investment?
You know I favor microcap technology investing. My rationale is simple (and irrefutable)… No other investment on Earth rewards investors greater for hitting the bull’s-eye. The problem is, the bull’s-eye always moves. Case in point: Roughly 10 years ago, the bull’s-eye was squarely fixed on alternative energy. With oil prices above $100 per barrel , the […]
Some Non-Hyperbolic Junk Talk
If you are looking for some breathless post about the recent collapse of the junk and high-yield market over the past couple of weeks, then click somewhere else. I know it makes for exciting writing, but I won’t do it. There is already more than enough hyperbolic rhetoric filling the financial airwaves. But the really […]
US PPI Beats With 0.4% – EUR/USD Slips From The Highs
US inflation is rising, at least at the producer level. PPI is up 0.4% m/m in both the headline and the core numbers. Year over year, PPI is up 2.8% and core PPI is up 2.4%. All the figures come up above expectations. The US dollar is slightly stronger in the immediate aftermath. EUR/USD is […]
Market Still Works Off In Overbought Conditions
My Swing Trading Approach I’m still cautious towards this market while it still works off overbought conditions. More sideways trading could be in the cards, and I don’t want to overload my portfolio with long positions. Indicators VIX – This indicator has rallied five out of the last six trading sessions. Now at 11.50, and the […]
Medley Management Inc. Declares $0.20 Per Share Dividend And Reports Third Quarter 2017 Results
NEW YORK, Nov. 14, 2017 (GLOBE NEWSWIRE) — Medley Management Inc. (NYSE:MDLY) today reported its financial results for its third quarter ended September 30, 2017. Highlights Fee earning assets under management were $3.2 billion as of September 30, 2017 Total assets under management were $5.3 billion as of September 30, 2017 Declared $0.20 per share […]
Producer Prices Surge At Fastest Rate In Almost 6 Years
Following September’s hotter-than-expected Core PPI (and 5Y high in PPI), October was expected to see a modest slowdown but headline PPI printed a massive 2.8% YoY (smashing the 2.4% exp). This is the hottest PPI since Jan 2012, driven by surges in fuel prices and drugs. Core PPI also beat expectations, rising 2.4% YoY (vs 2.2% exp) – also […]
Great Graphic: Euro Approaching Key Test
This Great Graphic, created on Bloomberg, shows that the euro is approaching key area. The white trendline drawn off the September 8, September 20 and October 26 highs comes in near $1.1745 today. Above there, the lower green horizontal line is the 38.2% retracement of the drop since the years high was recorded on September 8. It is found at $1.1760. The […]
How Much Punch Will The Economy Get From Tax Reform?
The House tax plan seeks to balance competing interests and would make the tax system fairer and boost growth, but both liberal critics and the administration are making terribly exaggerated claims. The Tax Policy Center, headed by a former Obama administration official, charges the bill will benefit mostly businesses and the wealthy, while Treasury Secretary Steven Mnuchin and White House chief economist […]
E Crude Oil Is Marching Higher; Even More Upside Can Be Expected
Good day traders. Hope everybody is having a good time. Today we will focus on Crude oil and its mid-term look. Crude oil is trading bullish since the end of June when a higher degree correction found a base at the 42.03 level. This nice bullish structure that developed over the course of five months […]
Debt-Fueled-Consumption Supercycle In Retreat: “We’ve Wasted Our Gravy Train”
In 1880, Melbourne Australia was the richest city in the world, until it had a property crash in 1891, halving home prices and launching the nation into an economic depression that was longer and deeper than the Great Depression of the 1930’s.According to Macro Business, it took 70 years for the housing market to recover […]
