E The Daily Shot And Data – March 14, 2016
Once again we start with the Eurozone where analysts have focused on the rationale behind Draghi’s statement: “we don’t anticipate that it will be necessary to reduce rates further”. As discussed on Friday, Draghi’s ending of a further push into negative rates was meant to safeguard the financial system. Negative rates on reserve balances (which […]
Russian Support For Iranian Oil Output Increase Sends Crude Crashing Below $37
Remember last week when oil prices spiked despite a rise in crude production, inventory builds, continuing storage concerns at Cushing, and the admission that there is no March OPEC/NOPEC “freeze” meeting. Well that’s all over as Russia’s Oil Minister Novak confirms Russia’s acceptance of Iranian rights to increase oil output post-sanctions, thus blowing away any ideas […]
Zika, ZIRP, And NIRP Viruses
The Zika virus is the newest threat to humanity, especially pregnant women, so they say. Big Pharma is working feverishly to create a vaccine. Chances are the vaccine will be created, highly profitable, and Big Pharma will be “held harmless” for injuries to those who were vaccinated. Add GM mosquitos, birth defects, Brazilian Olympics, big […]
Five Stocks To Watch This Week – March 14, 2016
All of these names have one big thing in common, their expectations have been revised upwards ahead of this week’s reports. Keep an eye on these earnings releases. Tuesday, March 15 Wednesday, March 16 Thursday, March 17 3D Systems (DDD) Information Technology – Computers & Peripherals | Reports March 15, before the open. The Estimize […]
US Retail Sales: February 2016 Preview
US retail sales are expected to remain unchanged in tomorrow’s February report vs. the previous month, according to The Capital Spectator’s average point forecast for several econometric estimates. The average prediction marks a modest decline vs. the increase in the previous month. The Capital Spectator’s average forecast for February is slightly above three projections via […]
EC Rules For Stock Speculation
Here are 21 rules/guidelines that I try to follow when speculating in the stock market. I don’t always follow them and in such cases I usually end up regretting it. 1. Every investment must pass the “Sleep Test” An investment should not be so large that you lie awake at night worrying about it. To […]
Oil Will Be Over $100 A Barrel In 3 Years
Here is the Oil Equation: Existing Supply minus Shale Destruction, minus Cap Ex Reductions, minus Depletion Rates Globally, minus Demand Growth versus Iranian New Supply. Oil will be above $45 a barrel by April, above $70 a barrel in fifteen months, and over $100 a barrel in 3 years once you start plugging in the numbers […]
3D Systems Q4 Earnings Beat Estimates
Headquartered in Rock Hill, SC, 3D Systems Corp. (DDD – Analyst Report) is a leading provider of 3D content-to-print solutions including 3D printers, print materials, on-demand custom parts services and 3D authoring solutions for professionals and consumers, worldwide. The company also provides scanners for a variety of medical and mechanical X-Ray film digital archiving. 3D Systems has been making […]
February 2016 Sea Container Counts High For Imports
I know there was a port strike last year at this time so year-over-year analysis will likely be worthless in the periods January thru March this year. However, if one simply looks at the previous January and February since 2006 – imports indeed are at very high levels whilst exports are soft. This data set […]
One Investor’s Poison Is Another’s Windfall
The introduction of negative interest rates in Japan and the subsequent chance for yields has seen domestic investors move further out on the curve. They have also stepped up their purchases of foreign bonds. In three weeks (through March 4) since the negative deposit rate went into effect, Japanese investors bought JPY4.4 trillion of foreign bonds. This is the second […]
