2018 Expected To Have The Fewest Countries In A Recession Ever
Most Assets See Low Volatility The stock market had a slightly negative day as the S&P 500 was down 0.02%. The Russell 2000 – RUT was a big laggard as it was down 1.26%. Ever since I warned about it being overextended, it has fallen. The VIX actually had a big up day which was […]
There Are Signs That The Medium-Term Is Near A Peak
I am sticking with my call of a short-term downtrend, and that there are signs that the medium-term is near a peak. I know it is a bit strange to see new highs in the major indexes, and at the same time call it a downtrend. And substituting the word “downtrend” with the word “consolidation” […]
Weekly Heating Oil Prices – Wednesday, No. 8
We’ve used data based on the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of home heating oil nationwide is $2.74, up four cents from last week and up […]
EC GSV Capital: The One-Stock Road Map To Instant “Startup Riches”
Let’s unpack a clever way to invest in emerging technologies — ones that are privately held yet are perfectly within your reach. The ingenious path to “startup riches” is through GSV Capital Corp. (Nasdaq: GSVC) — a publicly traded venture capital firm. When you buy shares of GSV, you’re actually buying a diversified basket of […]
Harsco Go Go
Another nice “bomb” today from my collection of shorts (I think I mentioned this once yet again yesterday) Harsco………nice trendline failure!
Go FANG Yourself
Bull markets are annoying. Not because I hate making money. I like making money. But they’re annoying because the whole time the stock market is going up there is a group of people making excuses for why it’s all irrational. Consider this list of narratives for instance: Quantitative Easing manipulated stock prices. Low interest rates […]
Snap Resumes Post-Earnings Plunge Despite Revelation Of Tencent Investment
Shares of Snap (SNAP) fell sharply in after-hours trading last night after Snapchat’s parent reported disappointing third quarter results, with a revenue and Daily Active Users miss, leading several analysts to downgrade the stock. While Snap would go back up earlier this morning after disclosing a 10% stake was taken by China’s Tencent (TCEHY), the […]
What’s The Future For Coal?
from the St Louis Fed The use and production of coal is on the decline, pressured by cheap natural gas and policies to promote cleaner sources of energy. In a recent article in The Regional Economist, Regional Economist Charles Gasconand Senior Research Associate Jonas Crews took a deeper look at the future of coal production as a source for […]
Apple Inc. Stock Roars To New High… And $900B Valuation
Apple Inc. (Nasdaq: AAPL) stock touched a new record high of $175.78 on Wednesday, carrying the company’s market capitalization past the $900 billion mark for the first time ever. Apple is the first company to achieve such a valuation, although it has been on track to hit $900 billion since its earnings report last week. ElisaRiva / Pixabay […]
