Adjusting Withholding Saved 44% Of The Tax Bill
Adjusting withholding can sometimes produce a surprise. While preparing a client’s tax return the other day, the result was that he had nearly a $5,000 refund coming. Often when we have a large refund coming we think “Nice! It’s like an unexpected gift!” But as you’ll see below, this is not a gift – it’s […]
Stocks Watchlist: AMAT, XRAY, SLCA
Three new trade setups – one of them long and the other being short. Either way this market decides to take us, you’ll have some options at your disposal. Keep the edge in your corner. Trade what you see always, manage the risk, and let the profits take care of themselves. Here’s the Stockwatch: Long Applied […]
Oil Glut: It’s The Demand, Stupid!
by Reverse Engineer, Doomstead Diner I ran across a chart on Bloomberg which is perhaps the best demonstration to date that the Oil Economy is in Full On Collapse mode now. The chart is of Oil Inventory in storage, and covers the last 35 years since 1982 of Oil Inventory in the FSoA, and is the first graphic […]
Volume Appears To Have Been Climatic
SPX Monitoring purposes; Covered short SPX 1/31/17 at 2278.87 =.09% gain; Short on 1/30/17 at 2280.90 Monitoring purposes Gold: Sold GDX at 24.33 on 2/22/07 = gain 20.15%; Long GDX on 12/28/16 at 20.25. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890.28 Last Wednesday volume appears to have been climatic and may […]
Royal Dutch Shell: Is A Dividend Cut On The Horizon?
With interest rates still at historic lows and the stock market soaring, income investors are hard pressed to find good places to put new capital to work. As a result, high-yield stocks such as Royal Dutch Shell (RDS-A) often attract investors with the promise of mouthwatering yields. But while there are excellent high-yield stocks out […]
BCB Bancorp – Chart Of The Day
The Chart of the Day belongs to BCB Bancorp (BCBP). I found the New Jersey saving bank by using Barchart to sort the list of the Top Stocks to Own first by the most frequent new highs in the last month, then again by technical buy signals of 80% or more. BCB Community Bank, founded in November 2000. The Bank started […]
Manufacturing Back To 2014
The ISM Manufacturing PMI registered 57.7 in February 2017, the highest value since August 2014 (revised). It was just slightly less than that peak in the 2014 “reflation” cycle. Given these comparisons, economic narratives have been spun further than even the past few years where “strong” was anything but. The ISM’s gauge of orders increased to […]
Suicide Is Painless
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 51 = 20,954 SPX – 7 = 2375 NAS – 21 = 5849 RUT – 9 = 1384 10 Y flat = 2.49% OIL – .12 = 53.21 GOLD – 8.80 = 1226.50 On this date in 2009, the S&P 500 hit an intraday low […]
