Consumer Discretionary Stocks Still Shine As Energy Stays Weak
Consumer discretionary stocks remain the top-performing US equity sector for the trailing 12-month period while energy is still caught in a bearish pattern. Meanwhile, the technology sector has perked up lately, inspiring some analysts to argue that positive momentum for this sector will push these stocks higher still. “Investors are starting to embrace some of […]
Should You Short Crude Oil For The Rest Of The Year?
As a trader, the recent news from OPEC in Vienna, Austria will be a breath of fresh air to you. If you were bullish on oil as an investment opportunity over the long-term, there’s nothing for you to worry about. If you are bullish on oil as a short-term investment opportunity, you may be somewhat disappointed […]
E Synthetic Biologics Announces Positive Phase 2 In Irritable Bowel Syndrome
On Wednesday Synthetic Biologics (SYN) announced that they had obtained positive phase 2 results in patients with Irritable Bowel Syndrome — IBS. More specifically it is is Irritable Bowel Syndrome with Constipation — IBS-C. The compound that the company is using to treat these patients with IBS-C is known as SYN-010. The trial was primarily […]
Swiss To Give Up Everything & Everybody
As of January 1, 2016, Switzerland is handing over the names of everyone who has anything stored in its Swiss freeport customs warehouses. For decades, people have stored precious metals and art in Swiss custom ports — tax-free — as long as they did not take it into Switzerland. Now any hope on trusting Switzerland is totally […]
Dollar Bloc Remains Soft, But Euro, Sterling And Yen Firm
The US dollar continues its mixed performance. The fragile stability of commodity prices today is not lending much support to the Australian and New Zealand dollars though the Canadian dollar is flat after yesterday’s slide. The euro has pushed above $1.09 for the first time this week. We had suggested a $1.08-$1.10 range would likely dominate this week.Technically, it […]
Why Getting Valuation Right Is So Important To Retired Dividend Growth Investors
Introduction Although getting valuation right before you buy a stock is critically important to the long-term oriented retired dividend growth investor, it is not a short-term market timing concept. My point is that short-term market movements are typically volatile and unpredictable. The reason is simple. Over short periods of time, which I define as less […]
EU Session Bullet Report – Oil Slumps As Demand Cools, USD Leading The Way
Oil recovered slightly yesterday and is currently trading above $38 per barrel although the black gold remains under pressure. Soft trade numbers from China on Tuesday highlighted the struggle facing the worlds’s 2nd largest economy, only serving to confirm concerns over cooling demand. Asian stocks were trading slightly lower this Wednesday morning reflecting current sentiment […]
When Does The Demographically-Related Pension Ponzi Scheme Blow Up?
Reader “GM”, an actuary student in Malaysia pinged me with an accurate observation on demographics, but missed the boat on a solution. GM writes …. I thought I would point out the reason for this monetary madness, which I believe you had brought up before. Aging populations consume less, and have different consumption patterns to […]
EC Negative Interest Rates Are Due To Bad Theory
If something very strange happens and continues over an extended period, people get accustomed to it and come to view it as normal. That’s especially so when the strange set of circumstances is the result of a policy that, as a result of devotion to a wrong theory or strategy, is widely considered to be […]
Euro/Dollar: Technical Picture Contradictory
Yesterday’s Trading: By the end of Tuesday, the euro was up against the dollar by 60 points to 1.0891. The Swiss franc was also stronger against the USD. The Aussie and the pound were down. The market is undergoing a correctional phase after the ECB meeting and Draghi’s words. Main news of the day (EET): […]
