Uber Executive Suggested Company Hire Team To Dig Up Dirt On Journalists
First there was Grubergate. Now we have Ubergate. Reports of questionable behavior emanating from the executive suite at ridesharing company Uber are nothing new. My antennae first shot straight upward when I read that the company had hired one of Barack Obama’s chief political strategists, David Plouffe, as a senior vice president of policy and strategy. The Washington Post covered […]
Yen And Dollar-Bloc Sink, While Sterling Ticks Up
The run on the yen continues. The US dollar and euro are at new multi-year highs against the yen. The BOJ confirmed its JPY80 trillion monetary base target unexpectedly adopted at the end of last month. Last month’s seemingly last minute decision was based on a very un-Japanese 5-4 vote. Today, three of the dissents accepted […]
Class Action Opt-Outs And The Role Of Institutional Investor Plaintiffs
During a May 2014 trip to London, I had the pleasure of meeting with various attorneys who do work with institutional investors such as pension funds. While I did not have a chance to convene with Attorney David Seidel, our guest interviewee for this blog post, I did meet with his colleague, senior attorney and […]
Why Lower Oil Prices Won’t Kill The Renewable Energy Boom
Money Morning Article of the Week by Kent Moor, Money Morning Whenever oil prices drop, everyone always wonders how it will affect wind and solar power. It follows from the traditional assumption that renewables like these are only competitive when oil and natural gas prices are high. After all, the early stages of wind and solar power came with a […]
Canadian Based Quandl Snags $5.4M In Series A Funding
It was announced this week that August Capital would lead a $5.4M round A round in Canadian based Quandl to further the company’s growth of their web-based platform for financial and economic databases. Currently hosting over 10 million financial and economic datasets on a single easy-to-use website, Quandl provides a web-based platform that users can take advantage of in order […]
The Dow – Starting A Cycle Inversion?
The golden rule of trading is just this: What goes sideways when it should move up or down, moves in the opposite direction even stronger. Where we achieved the temp low in gold on the target week of 11/03, the Dow has moved sideways and is crawling along resistance. Given the G20 position of walking away […]
What Blows Up First? Part 5: Shale Oil Junk Bonds
One of the surest signs that a bubble is about to burst is junk bonds behaving like respectable paper. That is, their yields drop to mid-single digits, they start appearing with liberal loan covenants that display a high degree of trust in the issuer, and they start reporting really low default rates that lead the […]
A High-Yield Mortgage Play Without Mortgage Risk
The small-cap arena is where you are most likely to find stocks that deliver multiples of return, since it’s the small companies that grow to become the behemoths. Rarely, however, do you find a small-cap stock that offers a huge dividend. Even more rare is the small cap that offers a huge yield that is […]
T2108 Update – Onward And Upward
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are sometimes posted on […]
Semiconductors Breakout, While S&P Makes Its Move
A solid day for Semiconductors saw a solid breakout from the recent handle (without a violation of the measuring gap), which even managed to mount a challenge on the September ‘bull trap’. It still has a bit of work to do to get to new highs, but bulls have shown their hand, and now it’s […]
