Today’s 40% Drop Is Not Enough For Valeant Pharmaceuticals
Valeant Pharmaceuticals (VRX: $36/share) had been in a bit of a limbo lately, as investors awaited the long delayed 4Q15 results. The company finally released its earnings today and the results were to be expected if you heeded our previous warnings. Bad News Not A Surprise In the release, the company recognized the significant issues it […]
Dr. Copper In The House?
One of the most overused sayings in financial research is that “Copper has a PHD in economics”. In other words, the metal is a good bellwether for the true state of the global economy because of its widespread use. I think the advent of things like PVC has probably cut a little bit into the […]
Gold Update – March 15, 2016
Gold market review: the pullback we’ve been waiting for is underway. Video Length: 00:11:42
Currency Market Report – March 15, 2016
Ira Epstein leads us through the day’s currency highlights. Video Length: 00:07:00
Market Assumptions Are Wrong Again
This past week, much was written about expectations regarding the ECB actions. The wide consensus was that the Euro was going to tank and the metals would tank with the Euro. However, that is not exactly what we saw. Rather, the metals reacted exactly as we had expected.They pulled back in their 4th waves, held their […]
Retail Sales Growth Accelerating
“Davidson” submits: Retail and Food Service Sales were reported today. Retail Sales are a measure of the heart of our economic activity and the financial health of individuals. Retail and Food Service Sales are at the highest levels ever measured and trending higher. Would you believe that today’s pace is more than 35% higher than […]
Buy This Stock That Could Pop 10% Next Week On Earnings
Earnings announcements for investors are like Santa Claus and birthday parties for kids, a lot of anticipation and full of surprises. Four times a year, publicly traded companies unwrap their quarterly finances for Wall Street to admire or criticize. Each week this column will identify companies scheduled to release their quarterly report cards. The idea […]
With Honest Dollar Acquisition, Goldman Sachs Moves Into Online Retirement Investing
Goldman Sachs (GS) sees gold in them hills…retirement hills, that is. The investment bank announced earlier this week that it was acquiring Honest Dollar, a startup that offers 401(k) retirement plans for entrepreneurs and small businesses. There are approximately 45 million Americans who do not have access to employer-sponsored retirement plans and Honest Dollar set out […]
Still Waiting On The Fed
“I find that the harder I work, the more luck I seem to have.” – Thomas Jefferson More resting action today as we continue to wait for the Fed to likely do nothing Wednesday afternoon, after-which stocks should move nicely higher. Leading stocks are acting good with markets setting up for higher so things are […]
How To Make The Most Of An Inheritance And Deal With Estate Tax
If you get an inheritance, one of the first questions you may ask is how to minimize the resulting taxes. In this financial podcast, find out what you need to know about maximizing the growth of an inheritance and whether you will face estate tax issues. Audio Length: 00:08:05 (Click on the play button to […]
