EC Rules For Stock Speculation
Here are 21 rules/guidelines that I try to follow when speculating in the stock market. I don’t always follow them and in such cases I usually end up regretting it. 1. Every investment must pass the “Sleep Test” An investment should not be so large that you lie awake at night worrying about it. To […]
Oil Will Be Over $100 A Barrel In 3 Years
Here is the Oil Equation: Existing Supply minus Shale Destruction, minus Cap Ex Reductions, minus Depletion Rates Globally, minus Demand Growth versus Iranian New Supply. Oil will be above $45 a barrel by April, above $70 a barrel in fifteen months, and over $100 a barrel in 3 years once you start plugging in the numbers […]
3D Systems Q4 Earnings Beat Estimates
Headquartered in Rock Hill, SC, 3D Systems Corp. (DDD – Analyst Report) is a leading provider of 3D content-to-print solutions including 3D printers, print materials, on-demand custom parts services and 3D authoring solutions for professionals and consumers, worldwide. The company also provides scanners for a variety of medical and mechanical X-Ray film digital archiving. 3D Systems has been making […]
February 2016 Sea Container Counts High For Imports
I know there was a port strike last year at this time so year-over-year analysis will likely be worthless in the periods January thru March this year. However, if one simply looks at the previous January and February since 2006 – imports indeed are at very high levels whilst exports are soft. This data set […]
One Investor’s Poison Is Another’s Windfall
The introduction of negative interest rates in Japan and the subsequent chance for yields has seen domestic investors move further out on the curve. They have also stepped up their purchases of foreign bonds. In three weeks (through March 4) since the negative deposit rate went into effect, Japanese investors bought JPY4.4 trillion of foreign bonds. This is the second […]
Manic Monday – Waiting For The BOJ, Fed
2:30 AM. That’s what time tomorrow the Bank of Japan will have their press conference to announce their rate decision as well as, potentially, any new stimulus measures. Our own Fed will go 12 hours later (2pm) with Yellen speaking at 2:30 and, in case the markets are going completely off the rails by Friday, we have […]
China’s Growth Slows, No Excessive Stimulus Expected
Despite low growth forecasts, Chinese Prime Minister Li Keqiang is depending on structural reforms over economic reforms to keep the world’s second largest economy on track. At the opening session of the National People’s Congress last week in Beijing, Li Keqiang pointed to ‘pragmatic and steady growth’ in the government’s work report for 2015. The […]
Where Is Gold Headed?
Where is gold headed? Kitco fills us in… So, has Kitco sentiment suddenly become a good positively correlated indicator on gold bullishness or is it still a good contrary one? I am curious. “This week, Kitco’s online survey received 1,085 votes, of which 829, or 77%, were in the bullish camp for next week. The […]
Weekly Market Outlook – Cleared Some Hurdles
Weekly Market Outlook – March 14, 2016 Though it didn’t hit the ground running last week, a strong Friday session translated into a fourth straight week of gains. Better still, the S&P 500 (SPX) (SPY) managed to just clear a major technical hurdle, and though it’s ripe for some profit-taking, investors may finally be confident enough […]
