Oil Fails To Recover On Lower Inventory Build
US Crude Oil inventories rise at a slower pace of 2.29 million barrels for the week ending March 25th, 2016 Summary: After rallying to a 4-month high, WTI Crude Oil prices retreat steadily Saudi Arabia – Kuwait talk on re-opening Khafji Oilfield, expected to add 300k barrels extra US Oil inventories for week ending March […]
E Still The Most Important Chart
Tonight I would like to show you some charts on several of the different currencies and especially the US dollar as it has been pretty weak lately. As you know the US dollar has been consolidating that massive impulse move up that began in the Spring of 2014 chopping sideways between roughly 100 at the […]
GBPUSD: Loses Bullish Momentum, Vulnerable
GBPUSD: With the pair rejecting higher level prices on Wednesday, further weakness is likely in the days ahead. On the downside, support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down, support lies at the 1.4200 level. Below here will set the stage for more weakness towards […]
Podcast: The Inevitable Is Now Imminent
It’s just about official: With corporate sales and profits shrinking and consumer spending flatlining, the US economy will grow hardly at all this year while the rest of the world will probably drop back into recession. The result: Massive policy changes here and abroad, with major implications for stocks, bonds, precious metals and real estate.
Are Stocks Cheap? Diving Further Into The Russell 2000, S&P 500, And Nasdaq P/E Ratios
How many P/E ratios are there? Let me count the ways. As companies report for tax purposes (the real P/E). As trumped up by mainstream media (the pro-forma P/E also called operating earnings). As further trumped up by mainstream media (forward estimates, typically wildly off) based on pro-forma PE ratios. I am quite sure I […]
The Safety Net: Is This 13%-Yielding Perpetual Dividend Raiser In Trouble?
Usually when you find a company that has raised its dividend every year for 16 years, has never cut the dividend and, in fact, has lifted the payout to shareholders in 52 of the past 64 quarters, that dividend is considered safe. But these days in the energy sector, you can’t assume “usually” still works. […]
Rayno Biopharmaceuticals Update 3/30 – Stuck In A Trading Range With Upside Opportunities
Rayno Biopharmaceutical Portfolio Update- Biotechs with Upside Opportunity Caution No Rush to “Load Up” in a Bear Market Since Mid-January all of our previous portfolios were placed on hold and we recommended four new positions as long term holds. Here are initial prices and the current performance: Abbvie (ABBV) Started at $56.49 now at $56.96 Bluebird bio […]
Binary Options Trading Opportunities – March 31, 2016
During the session on Thursday, it’s likely that we will have a little bit of volatility when it comes to Great Britain due to the fact that we have GDP numbers coming out, but beyond that there is not much in the way to move the markets due to the fact that we have the […]
EIA Oil Summary Report Analysis – March 30, 2016
The typical buy the rumor sell the news trading day in the oil market. The RBOB and HO product contracts along with Brent contract expire tomorrow, watch for spikes at the close. This Friday is loaded with economic reports including the Employment Report and the Baker Hughes Rig Report where we saw a drop of […]
