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 […]
Breakout In 3D Printing Stock Stratasys
The long awaited breakout in the 3D printing space is there. Today, Stratasys is leading the sector higher, with a rally of more than 10 percent intraday on higher than average trading volume. Interestingly, investment bank Piper Jaffray upgraded 3D printing stocks Stratasys from neutral to overweight. That is quite drastic. Their first upside target is $28, which, […]
U.S. Cereal Company, Post Holdings Inc., Buying Weetabix Ltd. For $1.8 Billion
Written by BNN.ca U.S. cereal company Post Holdings Inc. (NYSE: POST) has agreed to buy Weetabix Ltd. from Bright Food Group Co. of China for 1.4 billion pounds (US$1.8 billion), adding the British breakfast staple to a portfolio that includes Grape Nuts and Honey Bunches of Oats. The deal for the maker of oval-shaped cereal bricks gives Post a […]
EUR/USD: Into The First Round Of French Elections & 1 Week From Now
The first round of the French elections is held on April 23rd and the stakes are high. Here are our four scenarios for the elections. Here is the view from SocGen: Societe Generale FX Strategy Research notes that the latest polls ahead of the French elections confirm the first round will be close with a 5% range […]
The Great Western Economic Depression
Western economies are “recovering”. How do we know this? We are told this, over and over and over again by our governments. Then this assertion is repeated thousands of times more by the dutiful parrots of the Corporate media. The problem is that in the real world there is not a shred of evidence to […]
GBPUSD – 1.3000 In View?
The pound took out not one, not two but three big figures today in the wake of a surprise announcement that Theresa May will call a snap election on June 8th. The news was met with resounding approval from the currency market as traders appreciated the shrewdness of the move which could consolidate Ms. May’s […]
Seagate Technology: High Yield Dividend Income Or Value Trap?
Many of the most popular high yield stocks are real estate investment trusts (REITs), master limited partnership (MLPs), and business development companies (BDCs). All of these industries are designed to pay very high dividends. When it comes to regular corporations, however, a very high dividend yield can be a warning sign that something is fundamentally […]
Value And Momentum Investing In Frontier Stock Markets
Value and Momentum investing have been studied across many different markets and asset classes (Asness et al 2013) and have shown to be effective factors. A working paper, “Frontier Stock Markets: Local vs Global Factors” by Douglas W. Blackburn and Nusret Cakici examines Value and Momentum investing in Frontier Markets from 2005-2016. This paper is unique […]
The Great Gold Racket
Murray Rothbard said it best when he said that “the threat of gold redeemability imposes a constant check and limit on inflationary issues of government paper. If the government can remove the threat, it can expand and inflate without cease. And so it begins to emit propaganda, trying to persuade the public not to use […]
