Vistaprint (VPRT) Changes Name & Ticker To Cimpress (CMPR)
Business services provider Vistaprint N.V. (VPRT) changed its corporate name and ticker symbol to Cimpress N.V. (CMPR) effective as of yesterday. The strategic move is the latest of a series of steps to reposition its brand identity to leverage on the inherent growth potential for maximum shareholder benefit. Vistaprint has been shifting its value […]
Why Japan’s Money Printing Madness Matters
This is getting hard to believe. The announcement that Japan has plunged into a triple dip recession should have been lights out for Abenomics. But, no, its madman prime minister has now called a snap election to enlist more public support for his campaign to destroy what remains of Japan’s economy. And what’s worse, he’s not likely to be stopped […]
SP 500 And NDX Futures Daily Charts
Janet and her Merry Pranksters are hitting some high notes. The best explanation I have for this rally is the continuing weakness in the yen, strengthening the dollar, and therefore US dollar paper assets. It was interesting today that the precious metals moved UP with stocks. This suggests the possibility that the stock market rally […]
Market Commentary: Markets End Higher, Large Cap Set New Highs
Written by Gary Both the SP500 and DOW set, again, new record highs this afternoon and if nothing else, Mr. Market still has some steam regardless what some bears might think. Both of the large caps also set new closing highs and the small caps closed solidly in the green as the bulls put on their […]
Hugh Hendry: “I Believe Central Bankers Are Terrified”
It was almost a year ago when Hugh Hendry shocked the world when he announced he was, said simply, turning bullish (his full recantation can be found here), even though as he admitted he “Can’t Look At Himself In The Mirror.” Which was understandable: in a world where markets as many know them (if not the […]
So, You Want A Pipeline? Jobs?
A very interesting article at Daily Kos has been posted. Title: There’s been HOW many pipeline spills in Alberta in the last four months? Seems the Canadian news system does not find oil, gas and toxic water spills from the mining of carbon fuels to be newsworthy. But, the native Indian sure find it news worthy. Their […]
Actavis Strikes $66 Billion Deal For Botox Maker Allergan
Putting an end to rumors, Actavis plc (ACT – Analyst Report) confirmed that it will be acquiring Botox maker Allergan (AGN – Analyst Report) in a cash and stock transaction ($129.22 in cash and 0.3683 Actavis shares for each share of Allergan common stock) valued at about $66 billion or $219 per share. Brent Saunders, Actavis’ CEO and President, will lead […]
5 Small Caps Moving On Up
If your looking for some small caps with current momentum the easiest was to find them is to use Barchart to sort the S&P 600 Small Cap Index stocks for the ones with the most frequent new highs in the last month then use the Flipchart feature to look at their charts. The list today includes: AAON […]
NAV Premiums Of Certain Precious Metal Trusts And Funds – Ukraine Admits Its Gold Is Gone
Cash level in the Sprott Silver Trust has dropped below the $2 million mark. This is historically low. The Trust needs to do a secondary offering to get those cash levels up. The discount on the Speicher Trusts and Funds continue to be around ten percent. The Gold/Silver ratio is still elevated at about 73.6. […]
Housing Index Continues Climb
“Davidson” submits: The National Assoc. of Home Builders reported the Housing Market Index (HMI) at 58 for Nov 2014. This level of the HMI has historically been associated with improvement to follow in New Single-Family Starts (XHB). The housing recovery has been hampered by stifled bank lending due to a combination of tighter regulation and […]
