Sensex Opens Flat; Titan Rallies Over 8%
Asian equity markets are trading mixed today following an attack in central London at the weekend. The Shanghai Composite is off 0.27%, while the Hang Seng is down 0.11%. The Nikkei 225 is trading up by 0.14%. US equities rose to record levels on Friday as Wall Street shrugged off a jobs report that came in well below expectations. Meanwhile, share […]
The Role Of The U.S. As A Global Risk
Regime Change in the Trump White House? No U.S. postwar president has managed to reset relations with Russia. Now the Trump administration must cope with a special counsel’s investigation. In the past, US efforts at regime change targeted foreign countries; today, the White House. How will it impact Trump’s stalled policy agenda? As I argued […]
Bank Of Japan’s ETF Holdings Surge 80% To Cartoonish 16,000,000,000,000 Yen
A couple of weeks ago in “Revisiting The Tokyo Whale,” we took a few minutes to remind readers just how large the Bank of Japan’s footprint in the Japanese ETF market truly is. We thought it was important to keep the story front and center lest it should get lost in the incessant chatter about Fed balance sheet […]
Herbalife Expects Lower Guidance; Still No Word On Exec Departure
Just weeks after issuing its guidance and “beating” estimates that would have missed estimates issued a couple of short quarters ago, Scott Wapner at CNBC reports that Herbalife (HLF) is set to lower its sales guidance before market open tomorrow, Monday morning. Wapner’s exclusive, out late Sunday night, stated: Herbalife will lower its sales outlook for the current […]
Preferred Shares Of Dundee
Dundee (DDEJF) is a holding company involved in a lot of businesses in Canada: real-estate, energy, wealth management and other investments. The market cap of the company is currently $160 million with a tangible book value of about 800 million. For what it’s worth, they consider themselves value investors. But as you can probably guess […]
Deutsche Bank Trader Admits To Rigging Precious Metals Markets
After months of “smoking guns” and conspiracy theory dismissals, a Singapore-based Deutsche Bank trader (at the center of fraud allegations) finally confirmed (by admitting guilt) what many have suspected – the biggest banks in the world have conspired to rig precious metals markets. The Deutsche Bank trader, David Liew, pleaded guilty in federal court in Chicago to conspiring […]
Fitbit Has Lost A Lot Of Weight
And while we’re on the subject of fitness, Vitamin Shoppe has – – in spite of its fancy-pants moniker – – also gotten destroyed, even in this totally fake bull market. When the real market resumes, I suspect both firms will be heading for $0.00/share.
Stock Picks: NCR, YHOO, TIF
Today’s hot stocks watch list Long Yahoo (YHOO) Long NCR (NCR) Short Tiffany (TIF)
The Dow 7 Year Itch Review
Nothing goes is a straight line for ever! After a long period of time you know something scary is coming! Stats from the 100 years trend of Dow Jones Industrials Index. 10 year cycle of years starting with a 7 on the end (1987, 1997, 2007) and years ending with a 8 on the end […]
