How The GOP Tax Plan Rips Off The Middle Class
Yesterday, Senate Republicans announced their proposed tax reform measures. Instead of eliminating the inheritance tax – like the House version does – the Senate proposal would increase the exemption by $5 million per person. And instead of cutting business taxes right away, the cuts wouldn’t happen until 2019. We never met a tax cut we […]
If History Repeating Itself; Another Five Years For Equity Bull Market
Shortly after the 2016 election in a post titled, Equity Market Beginning To Resemble Bull Market Of The 1950’s And 1980’s, I discussed how the equity market continued to trace a similar path as the market in the those two earlier decades. A part of my conclusion indicated the anticipated policies under a Trump administration would […]
Dougherty’s Pharmacy, Inc. Reports Third Quarter 2017 Earnings
DALLAS, Nov. 10, 2017 (GLOBE NEWSWIRE) — Dougherty’s Pharmacy, Inc. (OTC QB: MYDP) (“Dougherty’s” or the “Company”) (formerly Ascendant Solutions, Inc.) today announced its results for the third quarter of fiscal 2017. Highlights Gross profit margin for year-to-date 2017 increased to 26.9% from 25.8% for the first nine months of 2016. The generic dispensing rate […]
“The Leaders Are Crashing” – It’s Not Just Junk Bonds That Have Given Up
We have been warning about significant divergences between equity prices and other asset classes for a few weeks (most notably thedecoupling from equity risk and credit risk, junk bonds), but as BofA notes its not just these assets that are breaking away from soaring Nasdaq levels, in fact many of the rally’s leaders are crashing… in a way […]
Commodities Weekly Wrap-Up – Friday, Nov. 10
This week we’re joined by Keith Neumeyer of First Majestic Silver for a discussion of silver supply, silver demand and the ongoing rally in commodities. Audio Length: 00:11:38
Social Security Changes For 2018
In 2018, there will be some slight changes to Social Security. For individuals receiving benefits, there will be a cost of living (COLA) increase of 2 percent. While 2 percent may not seem like a lot, it certainly does help. Additionally, it’s better than nothing. That is, Social Security remains one of the few retirement […]
ECRI Weekly Leading Index: “Why So Many (In The West) Are Pissed Off”
Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 145.6, down 0.6 from the previous week. Year-over-year the four-week moving average of the indicator is now at 5.47%, up from 5.22% last week. The WLI Growth indicator is now at 3.2, unchanged from the previous week. “Why So […]
EUR/USD Forecast Nov. 13-17, 2017
EUR/USD managed to tick up amid OK data from Europe and weakness in the US dollar. GDP data stands out in a busier week. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. German factory orders beat expectations while industrial output dropped by more than had been anticipated. The […]
Gold Slammed After Someone Pukes $4 Billion Notional In Gold Futures
As we approach the European close, the dollar index just spiked and precious metals (and crude) were pummeled. Gold futures tumbled on massive volume as over $4 billion notional was purged instantaneously… Over 30,000 contracts ripped through gold futures – over $4.2 billion notional – in the space of a minute. That’s around 10% of a […]
A Weekly Technical Perspective On DXY, AUD/USD, USD/CAD & Crude
In this series we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. We looked at a few of these charts in this week’s Strategy Webinar and heading into next week, here are the key levels to consider. DXY Weekly Chart Notes: The index has […]
