U.S. Oil Companies See Reserve Values Fall By Over Half A Trillion Dollars In 2015
New analysis from Evaluate Energy shows that 57 U.S.-based E&P companies have seen the present value of their global proved (1P) reserves fall by a combined 63% between 2014 and 2015, a staggering $515 billion. The full breakdown of the company data provided on an annual basis shows that the overwhelming majority of this fall in value is clearly […]
7 Economic Value Stocks That Should Be In Your Portfolio
The improving U.S. economy, increasing consumer spending and improving oil prices are expected to bring forth few winners across the equity universe in 2016. However, in the contemporary volatile equity market, investors should allocate their funds with a clear roadmap. Looking for Value We perceive that investors can do well by acquiring less risky stocks […]
Gold Stock Sector: Rubber, Meet Road
The process of finding and confirming a bottom in the gold sector is now front and center as more of the fundamentals that actually matter come into place. To those fundamentals, we need to marry the technicals. We have consistently worked a theme that sees a comparison to the 1999-2001 bottoming phase in the gold sector. That […]
TPP Moves To Ratification Phase
A controversial trade agreement, the Trans Pacific Partnership, has been agreed by the trade ministers of its twelve constituent countries and now moves to a ratification process in member states. The signatory nations now have two years to obtain any necessary endorsement of the deal at governmental/parliamentary level before it can come into full force. […]
It Is Not All About U.S. Jobs
The U.S. nonfarm payroll report typically dominates the first Friday a new month. In recent years, it has become among the most important economic reports globally. Not today. The market’s focus has shifted from Chinese stocks and yuan that dominated the first week or so, then oil, and now it is heightened concern about […]
The Case For A Bear Market In U.S. Stocks Growls On
What does a bear market for the US equity market look like? Current conditions seem to fit the bill. The clues, after all, are piling up, including the early warning that’s still in progress via a relatively reliable quantitative tool—the Hidden Markov model (HMM). This is old news, of course, which means that it’s time to focus […]
FTSE 100 Remains Bearish Ahead Of NFP
The outlook for the FTSE 100 is little changed from yesterday. It’s choppy around the 5880 level and will continue to be so for the next few hours as traders tend to be hesitant to enter with fresh positions ahead of today’s U.S. Non-Farm Payrolls report. A Bloomberg News poll projects an NFP outcome of 190k from […]
GBPUSD Weakens On Loses Upside Momentum
GBPUSD: Having failed to sustain its intra day gains to close flat on Thursday and followed through lower during early Friday trading, further bearishness is envisaged. Support lies at the 1.4500 level where a break will turn attention to the 1.4450 level. Further down, support lies at the 1.4400 level. Below here will set the […]
EUR/USD: Market Lying In Wait For NFP
Yesterday’s Trading: The euro was up against the dollar on Thursday, having past 1.1200. The BoE and weak US stats had a positive effect on the price of the euro. The Bank of England decided to leave things unchanged with interest rates at 0.5% and asset purchasing at £375 billion. The voting for the interest […]
BlackRock’s Letter Leaves Little Accountability
Video Length: 00:03:26 Turns out Larry Fink, the CEO of BlackRock (BLK – Analyst Report), sent a letter to the chief executives of every other S&P 500 company, asking them to do away with short-term guidance. Among several gems in the letter were quotes like “Today’s culture of quarterly earnings hysteria is totally contrary to the long-term approach […]
