Break On Through To The Other Side
Of all the ridiculous reasons I’ve heard for pushing this astonishly overpriced market into higher highs is the “Santa Claus Rally”. What’s wrong with you people? I even checked in with some of the Barron’s luminaries; here’s their take on the notion of a Santa Claus Rally: Mario Gabelli: “Ghey.” Marc Faber: “Totally ghey.” Abby Joseph Cohen: “Gheyer […]
Dave Ramsey Baby Steps And Rich As A King Both Put Emergency Funds First
An emergency fund is one of the most important strategies that any investor needs. As financial guru Dave Ramsey writes in his Seven Baby Steps for Getting Out of Debt, an emergency fund is necessary for “those unexpected events in life that you can’t plan for.” However well you plan, and even if you are […]
Dividend Aristocrats In Focus Part 50: Archer-Daniels-Midland
Archer-Daniels-Midland (ADM) is the largest publicly traded farm products corporation with a market cap of $34 billion. The company is nearly 3 times larger than its closest rival, Bunge Limited (BG) which has a market cap of $13 billion. When I last analyzed Archer-Daniels-Midland, I was impressed with the management’s ROIC improvements and strong third quarter […]
Market Commentary: Lower Open On Soft Global Data
Written by Gary Gary is off , and the market open comes from our syndication partner Investing.com U.S. stocks fell at the open on Monday as manufacturing growth across Asia and Europe eased in November, while retailers could be pressured as Thanksgiving weekend in-store sales failed to impress. The Dow Jones industrial average (DJI) fell 44.31 […]
The Deceleration In US Money Supply Growth Rolls On
The Federal Reserve is reportedly on track to start raising interest rates next year, but the tightening is already underway if only in relative terms. Indeed, there’s a conspicuous directional change in the year-over-year comparison in the real (inflation-adjusted) monetary base. The substantial deceleration of the growth rate that’s been unfolding this year isn’t surprising […]
Bitcoin Continues Volatility Streak
One of the biggest advantages of Bitcoin is its user anonymity. Many analysts consider this to be one of the main reasons as to why it drew such extensive clientele. However, this supposed strength is about to be challenged as a group of cryptographers in Luxembourg recently released paper, singling out some glaring faults in […]
AAPL Flash-Crashes Over 7%
Did Icahn just cover? Cramer’s view: “that’s silly” And no – there’s no catalyst – this is your most liquid efficient stock market in the world at work… and close-up
Where We Live: Barracks Row has gone from grit to glamour
Sylvia Moraes says a cross-generational transformation is taking place where she lives, off Barracks Row in Southeast Washington, and even at her local Catholic church, St. Peter’s. “There were a lot of funerals. Now there are a lot of marriages and baptisms,” said Moraes, 80, referring to the area’s growing appeal among parents of young […]
Doc Copper Suggesting S&P 500 Could Take A Big Fall
CLICK ON CHART TO ENLARGE Over the years Copper has been viewed as a leading global indicator for economic conditions and often stock market performance. The chart below takes a peek at year-to-date performance of Copper ETF (JJC), Freeport McMoran (FCX) and the S&P 500, showing weak performance in the Copper sector, with the opposite happening in […]
10-2 Yield Curve W/ Gold
Here is the big picture view of the 10yr-2yr Treasury yield spread with gold shaded in the background. People who successfully get through this bear market in gold will have done so because they tuned out hype like Indian and China demand (funny how promoters always tout the demand but never the supply, unless ranting […]
