New Mexico R.I.P (Ripple In Peace)
Today, news came out that New Mexico, our home state, has the highest unemployment record in the country. With a rate of 4.7% nationally, NM’s rate stands at 6.7% up from 6.5% a year ago. Here are the top 3 reasons why: Volatility in the oil and gas sector, which has led to layoffs Declines […]
9.8% Earnings Growth Expected In 2017
This week is going to be centered around the Fed’s decision on interest rates on Wednesday. This rate hike will be met with much less angst than the previous two as investors become accustomed to the Fed raising rates at a faster clip than 25 basis points per year. The decision on rates will be the […]
Most Active Stock Options For End Of Day – Tuesday, Mar. 14
Most Active Stock Options For End Of Day March 14, 2017
Inflation + Populism = Soaring Gold
Audio Length: 00:09:00 Inflation is back, thanks to the past few years’ exuberant borrowing and currency creation. Meanwhile, populist politicians are gaining traction in Europe, threatening both the European Union and the eurozone. The world has never seen this combination of excessive financial leverage and widespread political upheaval, so expect the next few years to […]
Tech’s Biggest Hater Finally Shows Us Some Love
Common wisdom suggests America’s most famous investor has long avoided high-tech companies. Instead, Warren Buffett has stuck to what he knows – everything from insurance and railroads to soda and razors. “I know about as much about semiconductors or integrated circuits as I do of the mating habits of the [beetle],” Buffett once wrote. “We will not […]
EC Is TD Bank A Better Bargain Than Ever?
Toronto-Dominion Bank (TD) stock is down 5% in the past one month. The sudden decline is largely due to a recent report in a Canadian newspaper, which alleged that the bank has pressured employees to open accounts for customers that they did not need. The article raises questions about TD Bank’s sales targets. In the aftermath of […]
Market Talk- March 14th, 2017
Another quiet trading session for Asia resulting in mixed signals with little headway made. All core markets closed within 0.10% of their previous close. China Industrial production rose (6.3% while estimate were 6.2%) for the first couple of this year but were disappointed as Retail Sales released at 9.5% against an expected 10.5%. The BOJ will […]
Fed Rate Hikes, Fiscal Vs. Monetary Policy And Why Again The Case For Gold?
I’ve been thinking about the current Fed Funds rate hike cycle, which is logically gaining forward momentum now that the Fed can stand down from its 8-year, ultra-lenient monetary policy cycle. That is because the Obama administration’s goals required a compliant Federal Reserve to continually re-liquefy the economy as its fiscal policies drained it. With […]
The Shale Oil Bubble
Here’s a chart that Business Insider put together after Friday’s rig count showed yet another build that took us to September 2015 levels. Source: Business Insider The only time I remember seeing a parabolic move like this followed by a dramatic bust was during market manias. Question: Was the shale oil capital expenditure explosion simply a bubble? […]
Johnson & Johnson – Chart Of The Day
Summary 4 new highs and up 9.02% in the last month Wall Street analysts predict increased sales and earnings 96% technical buy signals The Chart of the Day belongs to Johnson & Johnson (JNJ) I found the health care stock by using Barchart to sort today’s Top Stocks to Own list first for the highest number of new highs in the […]
