Gold Price Forecast: Fractal Analysis Of US Dollar Index Suggests Massive Gold Rally Coming
Gold Price Forecast 2017: Fractal Analysis of US Dollar Index Suggests Massive Gold Rally Coming Below, I have done a fractal analysis of the US Dollar index (generated on tradingview.com). It shows that the US Dollar index is likely to drop over the next years; however, it appears to have started a new uptrend (read deflation), […]
GILD Strengthens NASH Pipeline
Gilead Sciences (GILD) is finally making an acquisition. The company announced that it is acquiring Nimbus Apollo Inc. and its Acetyl-CoA Carboxylase (ACC) inhibitor program for the treatment of nonalcoholic steatohepatitis (NASH) and the potential treatment of liver cancer (hepatocellular carcinoma or HCC) and other diseases. Nimbus Apollo is a wholly-owned subsidiary of Nimbus Therapeutics. […]
ETFs To Gain Or Lose After Strong Jobs Report
Wall Street had a strong start to the second quarter courtesy of encouraging data released on April 1. In particular, a solid March job report injected further optimism into the economy, driving stocks higher. This is especially true as U.S. hiring continued its strong momentum with 215,000 jobs added last month following the revised 245,000 […]
Brocade Agrees To Acquire Ruckus Wireless In A Cash And Stock Transaction
Brocade (BRCD) and Ruckus Wireless (RKUS) announced that Brocade has entered into a definitive agreement to acquire Ruckus Wireless, in a cash and stock transaction. The acquisition will complement Brocade’s enterprise networking portfolio, adding Ruckus’ higher-growth, wireless products to Brocade’s market-leading networking solutions. It will also significantly strengthen Brocade’s strategic presence in the broader service […]
You Know You Need A New Advisor When…
One of my favorite endeavors as an investment advisor is to speak with new and prospective clients about their market views, current holdings, and past histories. It provides me with an opportunity to learn from their successes and missteps, as well as provide insight into how they can lower their fees or make adjustments to […]
Why Money Velocity Is At Its Lowest Level Since 1959?
In simple terms, money velocity is the number of times one dollar is spent to buy goods and services per unit of time. Therefore, if the money velocity is increasing, more transactions are occurring between individuals in an economy and vice versa. Considering the purpose it serves, money velocity is a good indicator of real […]
Can Starboard Value Continue To Propel Darden’s Earnings?
Photo Credit: Mike Mozart Darden Restaurants, Inc. (DRI) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports April 5, Before Market Opens Key Takeaways The Estimize community is looking for EPS of $1.18 and revenue of $1.83 billion, 2 cents lower than Wall Street on the bottom-line, and $9 million less on the top Darden’s affiliation with […]
Weekly Market Outlook – Melt-Up Is Possible
As it turns out, the bulls weren’t done buying stocks after all. The lull from a couple weeks ago was just that…a lull, which turned out to be temporary. Last week’s 1.8% gain for the S&P 500 (SPX) (SPY) rekindled the rally that began in early February. We’ve now logged gains in six of the past seven […]
Japanese Traders Are Getting Angry: “The BOJ Is Destroying The Functioning Of The Market”
Back in the summer of 2014, when the ECB first unveiled NIRP, many were concerned that this submersion into the monetary policy twilight zone would first crush Europe’s money markets. However, at least until now, European MM funds have proven relatively resilient, The story in Japan is different. When the Bank of Japan announced they […]
Belated Payrolls/ISM Thoughts
Last week when I was not doing my own market positioning or writing subscriber updates, I was bringing Biiwii back to life, so on Friday I skipped the entirety of the Payrolls hype and never got to ISM either. So here’s a post. From BLS, a breakdown by industry of the +215,000 Payrolls data. No change here from […]
