BriaCell Clinical Update Shows Progress With Breast Cancer Program
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. BriaCell Therapeutics Corp. (TSXV: BCT) (OTC: BCTXF) continues to enroll patients in its Phase 1/2a clinical trial of BriaVax™ for the treatment of advanced breast cancer. The third patient enrolled earlier this week, making it […]
Bitcoin Versus Tesla
Last night, over drinks – a detail that will gain more salience when I describe the discussion – several friends and I were talking about lots of market-related items (as well as, of course, many non-market items). The topics were as diverse as bitcoin, New Jersey Transit, and Tesla. However…and here’s where the drinks may have played […]
Mr. Market And A Valuation Of The Dow For Value Investors – July 2017
Mr. Market’s Mental State Legendary value investor Benjamin Graham is probably most famous for his Mr. Market parable. In the story, an investor is greeted each day by Mr. Market, who offers to purchase the investor’s stocks. Every offer is different, and sometimes the price is insanely high, sometimes it seems fair, and other times […]
WTI Jumps Back Above $47 After Crude Draw; Production At Highest Since July 2015
After API’s surprise crude build, DOE dashed bears’ hopes with a bigger than expected crude draw (-4.727mm vs -3.5mm exp) as the entire energy complex was inventories decline. WTI prices kneejerked back above $47 on the point but stalled a little as once again production jumped (to its highest since July 2015). API Crude +1.628mm (-3.5mm exp) Cushing +608k […]
The Smell Of Dry Paint In The Morning
Irish Playwright Oscar Wilde defied Aristotle’s memorable mimesis and contention that Art imitates Life. In his 1889 essay The Decay of Lying, Wilde opined that, “Life imitates Art far more than Art imitates Life.” Jackson Pollock, the American painter, aesthetically rejected both philosophies as facile. We are left to ponder the genius of his work, which […]
Axiom Says Buy First Solar As U.S. Industry Boosted By Possible Trade Action
The shares of a number of solar companies are rising after research firm Axiom wrote that the sector is benefiting from increased U.S. demand ahead of a price floor that could be imposed by the U.S. towards the end of the year. Axiom upgraded its rating on First Solar (FSLR) to Buy from Hold and […]
Byline Banc Investors Could Cash In At Upcoming IPO Quiet Period Expiration
Overview The quiet period for Byline Banc (BY), which made its market debut June 26, is scheduled to expire on 7.25. At that time, its underwriters will be able to conduct analyses and release their detailed reports and recommendations for the first time since the IPO. These reports tend to be very positive and often […]
BOC’s Hike And Gold
Last week, the Bank of Canada raised interest rates. What does it mean for the U.S. dollar and gold? On Wednesday, one week ago, the Bank of Canada increased its target for the overnight rate from 0.50 percent to 0.75 percent. The bank rate and the deposit rate, which create the operating band, were raised to 1 […]
USD/JPY: Death Cross For First Time Since Dec 2015
It may sound scary, but there could be a big opportunity. The last time it happened the pair dropped over 2000 pips in six months. Will it happen again? The team at SocGen explains: Here is their view, courtesy of eFXnews: Societe Generale FX Technical Strategy Research notes that USD/JPY charts point to a ‘death cross’, […]
Housing Starts And Permits Rise First Time In Four Months: Analyzing The 2nd Quarter GDP Effect
Housing starts and permits both rose in June for the first time in four months according to the Census Bureau’s New Residential Construction Report. Starts rose 8.3%, with single family units up 6.%. Permits rose 7.4%, with single family permits up 4.1%. The quarter ends on a positive note but the overall pace is lower than in […]
