5 Low-Risk Mutual Funds To Buy On Tax Cut Uncertainty
Concerns over timing and implementation of President Donald Trump’s tax cut plans weighed on the key U.S. indexes recently. Investors remain pensive after Senate Republicans revealed a tax cut plan that entails the deferment of corporate tax cuts for a year. Adding to markets’ woes is a near certain rate hike post Fed’s December meeting. […]
Walmart Bounce Means More Range Into Year-End
Video length: 00:09:38 Stocks pop higher today on the news the House passed the tax reform bill and good earnings from WMT. Does this mean more new highs or is the market setting the range of trading for the rest of the year. Watch this video to find out.
Fine Art And The Capitalist’s Conundrum
Capitalism inherently veers towards a monopolistic and unequal society (ie, capitalists try to own all the means of production). This means that capitalists must understand that their own actions are the biggest risk to the system they love. This is because the labor class will not likely allow a persistent inequality to exist. This can […]
Here’s Why You Should Buy Japan ETFs
Video length: 00:07:00 Japanese stocks have been rallying of late, particularly after Shinzo Abe’s strong victory in snap elections, which gave his party a two thirds majority in the parliament. His win has cleared the way for another round of Abenomics, which means we could see more fiscal and monetary stimulus as well as corporate […]
Geopolitical Risk, “Fear Cycle” Driving Oil Prices Higher
With the oil markets much closer to balance, geopolitical uncertainties are beginning to have a larger influence on the price of oil, something that hasn’t been the case for the last 2-3 years, Robert Rapier at R-Squared Energy recently told Financial Sense Newshour. For related podcast, see Frank Barbera on Possible Market Top; Robert Rapier: “Fear Cycle” Returning […]
Pandora Climbs After BMO Upgrades, Says Changes ‘Underappreciated’
Pandora (P) is higher in afternoon trading after shares were upgraded to Outperform by BMO Capital, which cited better than expected subscriber numbers and positive channel checks on audio ads, among other things. POSITIVE CHECKS ON ADS, WIDER AUDIENCE: BMO Capital analyst Daniel Salmon this morning upgraded Pandora to Outperform from Market Perform, saying that […]
Will Macro-Economists Ever Learn?
As we lurch through successive credit crises, central bankers and economists believe they learn valuable lessons every time, and that the ultimate prize, the suppression of business cycles through monetary policy, will be achieved. We saw, over Brexit, how wrong the Bank of England’s and the UK Treasury’s models were, and these errors were also […]
Salesforce.Com – Chart Of The Day
The Chart of the Day belongs to Salesforce.Com (CRM). I found the computer software stock by using Barchart to sort today’s 52 Week High list first for the most frequent number of new highs in the last month, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 10/3 the […]
Stocks And Precious Metals Charts – Rally Monkeys Away
US equities rallied today on the earnings report from WalMart, and an excess of hot money with nowhere productive to go. Today was characterized as a great time to buy the dip, which occurred earlier this week. Tomorrow will be a stock options expiration. The House passed its version of ‘tax reform’ today. It will […]
Market Talk – Thursday, November 16
Interesting that the Yen saw only minimal inbound traffic on Wednesday’s equity sell-off and today is still little changed with a stock rally! Admittedly, volumes are a shadow of what they used to be some years back, but just demonstrates how the game has changed. There is still plenty of money sitting on the side […]
