Stocks And Precious Metals Charts – The Arc Of The Moral Universe
“Since 1970, every time asset values have risen above 520% of households disposable income (the dashed line in the chart) then the US has been in a bubble and a subsequent crash has followed.This has simply meant asset values growing much faster than households income or households capability to sustain those price increases. The depth […]
Gold Resources – Nice 3Q 2017 Production Figures
Yesterday Gold Resources (GORO) released 3Q 2017 production figures. These figures once again confirm the fact that GORO is a base metals producer and not, as many think, a precious metals producer: The chart shows that in 3Q 2017 base metals’ (copper, lead and zinc) contribution to the total production was 56%. What is more, the high contribution of […]
Stocks To Trade: IP, Z, DLPH
Wednesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long International Paper (IP) Long Zillow Group (Z) Short Delphi Automotive (DLPH)
More Of The Same
There was little change on the day-to-day machinations of the market. The S&P is riding along upper channel resistance with technicals still bullish. The Nasdaq is caught in a halfway house with bullish technicals and a relative advantage of the index against the S&P. The Russell 2000 is working off a MACD trigger ‘sell’ with […]
Crude Oil, Natural Gas & More: How To Spot High-Confidence Junctures
Steve Craig, Elliott Wave International’s Chief Energy Analyst and editor of Energy Pro Service, tells you how he stays on top of the ebbs and flows in energy markets.
Hot Options Report For End Of Day – Tuesday, October 17
Top Tickers for October 17, 2017:S, FB, AAPL, GE, WFT, MSFT
Shire Plc (ADR) In The Spotlight As Activist Fund Sachem Pushes For More Divestment
Although M&A is a frequent occurrence in the biotech sector, major M&A is normally less common for large cap stocks. In the case of Shire PLC (ADR) (NASDAQ: SHPG), a $46 billion market cap pharma company, major M&A could be a potential outcome due to activist activity. According to Sky News, famous activist fund Sachem Head Capital Management has urged Shire’s board […]
EC A Fund Flows Theory For Value And Momentum Investing
Value and Momentum Investing — our two favorite factors. We talk about these phenomena on our blog all the time, and have given both rational (1) and behavioral explanations as to why these may occur. (Here is a hot off the press working paper that attempts the “rational” route). However, only a handful of investors in the finance community directly invest in stocks […]
NAHB Housing Market Index: “Builder Confidence Rises Four Points In October”
The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook. The latest […]
