‘Mark It Zero!’: Goldman Says Oil Could Head ‘Below $40’
Goldman has seen enough. We’ve said this a couple of times over the past several days, but we’ll say it again: if those inventory numbers we got last week weren’t enough for crude to stage a sustainable bounce, then that suggests there’s a crisis of confidence here. And indeed we got still more evidence to […]
About Snapchat IPO Price
I’ve been seeing story after story about how that piece-of-shit company SNAP is now below its IPO price. Huge publications – – hundreds of times larger than our beloved Slope – – are making hay out of this big event, with such headlines as this: Now, there’s no reason to single out TechCrunch in particular, but I’ll do it […]
Redin IPO: The Modern Way To A Home
Company Overview & Success To Date Seattle-based real estate agent RedFin Inc. (RDFN) has filed for an IPO. The deal is expected to take place in late July or early August. The company was launched in 2004 and has raised $167M in venture funding. Notable investors include: Greylock Ventures, Madrona Ventures, and Draper Fisher Jurvetson. (S-1/A) Redfin’s […]
K. Hovnanian Enterprises, Inc. Announces New Senior Notes Offering
RED BANK, N.J., July 11, 2017 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE:HOV) (the “Company”) announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. (“K. Hovnanian”), plans to issue an aggregate principal amount of up to $840,000,000 of senior secured notes with maturities in 2022 and 2024 (collectively, the “Notes”) in a private […]
Day Trading Stock Picks For This Week – Tuesday, July 11
Day trading stock picks likely to move big (up or down) during the week of July 11: CBI, WLL, HTZ, OAS, AMD, CLF, OCLR and few that are usually good day trading candidates: SPY, BAC, WFT, MOMO, AKS. Chicago Bridge & Iron (CBI) Average day range (30) is 7.62% and average volume (30) is 8.6 million. […]
Electrified: More Money In Electricity Than Oil
For the first time in history the globe has invested more money in electricity than oil according to the International Energy Agency(IEA) and while that may seem to inspire thoughts of electric cars and cheap shale oil, the truth is it’s a problem we will have to deal with at some point in the future. […]
“Silver’s Plunge Is Nearing Completion”
Silver’s plunge is nearing completion – Bloomberg analyst Silver’s 10% sharp fall in seconds remains “mystery” Plunge despite anemic global supply and strong demand Total silver supply declined in ’16 – lowest level since ’13 Silver mine production down in ’16, first time in 14 years Total silver supply decreased by 32.6 Mln Ozs in 2016 Supply deficit […]
WTI Tumbles Back To $43 Handle After Saudis Breach OPEC Agreement
Having v-shaped recovered yesterday after disappointing Russian comments (on no news whatsoever), crude prices are tumbling once again this morning, WTI back to $43 handle, after Saudi Arabia told OPEC it pumped 10.07 million barrels a day in June, a person with knowledge of the data said, exceeding its production limit for the first time since brokering a deal […]
Two Events Just Hinted At Explosive Growth Ahead
Last Monday the administrators were called into Paladin Energy. Paladin if you’re not familiar is (or should I say was) a uranium producer. Bankruptcies happen all the time, so why should we care? Well, for starters Paladin wasn’t just any company. It was a previous market darling in the last uranium bull market. It has […]
E How Fintech Is Changing The Credit Market
Whenever the subject of Fintech crops up during a conversation, the first things that come to the minds of many are online payments and mobile wallets. However, Fintech is actually a very broad segment of the financial markets. These days, the term Fintech can be linked to several segments of the financial services industry including […]
