Yellen Might Want To Check Semiconductors
Industrial Production & Export Boom Slowing The economic boom has been underway for several quarters. Industrial production and exports are up from Taiwan, Japan, and South Korea. These companies are major semiconductor producers. They are a health gauge for the global economy… as semiconductors are a sign of growth. You can see Korean and Japanese […]
Wednesday’s Top Stock Stories
Stocks opened sharply higher and remained there throughout the day. In the process, the Dow hit a new all-time high. The averages moved in a fairly narrow range for most of the day but stretched its upper end of the range late in the day. The catalyst was testimony by Fed Chair Janet Yellen who […]
Loonie Bulls – Sold To You
Remember back in May when all the hedge funds were short Canadian Dollars up the wazoo? At the time, I was worried the excessive pessimism might cause CAD to rally (Loonie Bears are the New Cool Kids). Well, since then, the Loonie has rallied 6.50% even in the face of a collapsing oil price and increased […]
Katanga Mining Stock Is Riding High On The Cobalt Price, More Upside Seen
TM Editors Note: This article discusses a penny stock/microcap. Such stocks are easily manipulated; do your own careful due diligence. Written by SmallCapPower.com Katanga Mining Limited (TSX: KAT) continues to ride the strong upsurge in cobalt prices over the past one-and-half years. While the cobalt price has zoomed nearly three times over the mentioned period reaching almost […]
Til When A Crow Becomes Euphoric, We Gotta Crow
Perhaps the market is finally entering that 5th stage of disbelief. To review the five stages, the market has surpassed the first three. Stage One-Sellers experience exhaustion. Stage Two-Investors who were long early on go to cash. Stage Three-Bears begin to buy as optimism emerges. Stage Four, Bears begin to call a top because they cannot […]
Today Janet Yellen Explained (Yet Again) Why Interest Rates Should Stay Low
On Tuesday, Fed Governor Lael Brainard downplayed past talk of numerous rate hikes from the federal reserve and suggested that he Fed may “not have much more” to do in terms of rate hikes. “In light of recent policy moves, I consider normalization of the federal funds rate to be well under way,” Brainard said. Today, speaking before Congress, […]
Lancaster Colony: A Small Cap Dividend King Worth Reviewing
Despite growing its dividend every year since 1963, Lancaster Colony (LANC) is a relatively unknown company with most income investors. Lancaster Colony is one of the dividend kings here thanks to its 50+ consecutive years of payout growth, but it is unlike many of the other kings, which are generally large and relatively slow-growing companies. Let’s take […]
Abeona Therapeutics – Chart Of The Day
The Chart of the Day belongs to Abeona Therapeutics (ABEO). I found the biomedical stock by using Barchart to sort today’s Top Stocks to Own list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 6/2 the stock gained […]
E Ross: The Bargain Store Becomes A Bargain
Ross Stores (ROST) has cratered by 17.5% year to date, despite decent first quarter results. I think it’s one of the better retail stores out there, and faces less threats from Amazon (AMZN) than many of its retail peers. “There’s always a bargain in store” is plastered on the first page of the company’s annual […]
