E Small Cap Best & Worst Stocks – March 17, 2016
The strongest small cap sectors is consumer goods. The best small cap industry is business software. The average small cap score is 51.38, which is above the four week score of 51.31. The average small cap stock in our universe is trading -35.7% below its 52 week high, -4.37% below its 200 dma, and has […]
The Two Worlds Of Precious Metals: East And West
For five thousand years, gold and silver have been humanity’s premier form of money; real money, not the faux-money manufactured by our central banks. During that same period of time, these metals have been our premier instruments of wealth preservation and therefore our “safe havens.” There is nothing accidental about this phenomenon. Gold and silver have obvious […]
Silver Prices Gain 3.5 Percent On A Soft USD
Silver prices are higher by 3.5% since yesterday’s FOMC low. The Fed stunned the Dollar which caused it to soften against the majority of other metals and currencies and is now projecting two rate hikes from four in December 2015 via the ‘dot plot.’ As highlighted yesterday, the March 10 low of $15.16 held as a support and traders used this […]
3 Things: Fed Failure, Valuations Matter, Chasing Returns
“Data Dependent Fed” Ignores Data I wrote on Tuesday of this week: “The Fed currently finds itself in a tough spot from a “data dependent” standpoint. Last December, when the Fed Funds rate was increased, the Fed discussed the potential for further rate hikes in 2016 as inflation and employment data strengthened. With that data improving, along with the strong rebound […]
E One Of The Best Things To Happen To Mining Since Dynamite?
TM Editors’ Note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. How does one buy something that they don’t even know about? The answer: they can’t. I do not believe that demand creates supply – but that the supply creates the demand (Say’s Law). […]
Wage Growth Dream Crushed – Weekly Earnings Rise Weakest In 18 Months
If the labor market is “tight”, and jobless claims are at 42 year lows… And the 0.5ppt point rise in the labor force participation rate is “heartening”… Then please Dear Janet, oh arbiter of all things labor-ic, explain – after exuberant hope and hype during 2015 that escape velocity was coming – why real average weekly earnings growth […]
Morning Call For March 17, 2016
OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM16 -0.30%) are down -0.45%, retreating from a 2-1/2 month high on global growth concerns. The markets lost their euphoria over the Fed’s decision Wednesday to scale back interest rate increases on concern over global growth. Caterpillar is down over 3% in pre-market trading after it lowered guidance […]
Fed Holds Rate Steady, Asia Markets Jump
The Federal Reserve held interest rates steady on Wednesday and indicated that moderate U.S. economic growth and strong job gains would offer opportunities for it to tighten policy this year. The U.S. central bank, however, pointed to ongoing risks from an uncertain global economy which could lead to rate hikes sooner than anticipated. The Fed […]
How To Make Your Retirement As Profitable As Possible
James Altucher thinks 401k retirement plans are scams. In a video that went viral after being posted last year on Business Insider, the 48-year old hedge fund manager, entrepreneur and best-selling author says that “I honestly think that you should just take your money out of 401ks.” His reasons? He lists three. You’ll have no […]
USDU Update… An Important Chart
Last week I showed you this potential H&S top forming on the USDU which is a more evenly balanced index for the US dollar which actually trades as an ETF. I built this chart using a line chart and then leaving the trendlines in place I converted to a bar chart. As you can see […]
