Clean Energy Stocks: Will This Be The Breakout Sector Of May 2017?
One of the questions we most frequently get from readers is about breakout markets and breakout stocks. That is why we are covering breakout stocks more than average in recent weeks. One of the few sectors that really look constructive at this point: clean energy stocks. It is almost the only potential candidate for a stock market breakout […]
How To Invest In New Discovery Plays
In this interview, Steve explains how he chooses to identify and invest in new discover plays. Video Length: 00:10:01
The Phenomenon That’s Been Plaguing U.S. Investors For Years
Call it patriotic… Call it lazy… But most people stick close to home when it comes to investing. This is called home-country bias, and it’s a phenomenon that’s too big to ignore. It’s pervasive across time and geography. And even though it makes investors feel all warm and fuzzy inside, it generally tricks us into accepting lower returns and higher […]
The Collapse Of The Middle Class In 20 Major U.S. Cities
When future historians look back at the beginning of the 21st century, they’ll note that we grappled with many big issues. They’ll write about the battle between nationalism and globalism, soaring global debt, a dysfunctional healthcare system, societal concerns around automation and AI, and pushback on immigration. They will also note the growing number of […]
These 11 Oil Drillers Still Have Maxed Out Credit Lines, Despite Energy HY Recovery
The first signs of financial distress often surface when CFO’s start to play games with their balance sheet. First, comes the ballooning of current liabilities as payable balances are stretched out to the max to preserve cash. Next, the most astute vendors catch on fairly quickly to the gamesmanship and move to COD terms for […]
Watch-List For Bearish Trade Setups
My bearish watch list for the week: How many people were anticipating a UK Snap Election prior to today? Yeah, nobody. It is quite amazing how many things, of late, the market can find to freak out about. Brexit was last year, it is happening! Apparently the algos have yet to get over it. They […]
Global Asset Allocation Update – Tuesday, April 18
There is no change to the risk budget this month. For the moderate risk investor, the allocation between risk assets and bonds is unchanged at 50/50. The performance of markets in the first quarter of the year was a bit schizophrenic. Stocks performed well which one might interpret as a reflection of improving economic growth […]
Kansas City Fed Says Rate Hikes “Necessary” As Weakness Is “Transient”: June Rate Hike Odds Sink
Esther George, president and chief executive officer of the Kansas City Fed says Continuing With Rate Rises Is ‘Necessary’. She also claims weak economic data is “transient”. Meanwhile, the market increasingly believes the economy is weakening and rate hikes are less likely. Meanwhile, the market increasingly believes the economy is weakening and rate hikes are less likely. […]
Huge Decline In Peru’s Silver Production Suggests Future Supply At Risk
The Peru Ministry of Energy and Mining just released their silver production data for February, and it was a whopper to the downside. Actually, I was quite surprised to see how much Peru’s silver production declined versus the same month last year. Also, Peru’s gold February production took a similar big hit. According to the […]
EC False Narratives
A few important things I’ve learned over the years: 1) The prevailing narrative always follows price. 2) Prices can be very wrong at times (the market is NOT always right). 3) When prices are wrong, narratives become nonsense. 4) Chasing nonsense (false narrative) is not an effective investing strategy. Just before midnight on election night last November, the […]
