Vehicle Miles Traveled: A New Look At Our Evolving Behavior
The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through March. “Travel on all roads and streets changed by 3.9% (9.8 billion vehicle miles) for March 2015 as compared with March 2014.” The less volatile 12-month moving average is up 0.31% month-over-month and 2.64% year-over-year. If we factor in population […]
Contrarian Investing: How To Bet Against The US Dollar
Peter Schiff spoke with Palisade Radio last weekend about his strategy for contrarian investing. While the principles are simple, the trick is having the courage of your convictions to bet against the consensus. Peter believes the current consensus is that the US economy is recovering with a strong dollar. He thinks that party is going […]
Despite Weaker-Than-Expected PMI, Chinese Stocks Stumble
Chinese Manufacturing PMI missed expectations, printing a contractionary 49.1 (against 49.3 expectations) for the 3rd month in a row. While this was a small pick up from last month’s 48.9 print, it hardly signals ‘success’ for the various easing efforts unleashed upon an all-knowing investing public. After yesterday’s weakness in Chinese stocks, one would think a disappointing […]
Is China Under The Skyscraper Curse?
Shanghai Tower (Center), Source: Forbes.com China Builds World’s 2nd Tallest Skyscraper The world’s 2nd tallest skyscraper, Shanghai Tower, at Lujiazui, Pudong, Shanghai, China is to open to the public in a month or two (mid-2015). It measures 2,073 feet with 128 stories in the financial district of Shanghai, only surpassed by Burj Khalifa in Dubai […]
This Innovation Will Help U.S. Companies Win The Oil Price War
Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs. A variety of different improvements in production are starting to show up at all levels across the industry from small firms to oil majors. Statoil for example recently noted that […]
E Piecemeal Coverage
I listened to Morningstar‘s presentation of its global prowess during its presentations to go on all week. Here are some goodies from Monday about how they can cover the whole world piecemeal with quantitative flimflam: Its Jeremy Glaser explained how Morningstar can extend its analyst ratings to cover “more of the world.” “We do have […]
Nevada Copper Corp. Poised For Production Next Year, Acquisition Target?
Copper Supply Far From Secure, Production Costs Rising It’s widely known that average copper grades have been falling for decades. The conventional wisdom is that the average grade from producing mines is down from about 1.0% to roughly 0.60%. That trend is likely to persist. Labor, energy, water, legal, local populations, compliance and environmental challenges […]
Q1 Earnings Season Winding Down
The following is an excerpt from this week’s Earnings Trends article. To see the full article, please click here. The Q1 earnings season has effectively come to an end, with even the Retail sector’s results now mostly behind us. The sector had a good run earlier on when most of the results were from restaurants […]
Ongoing Criminal Enterprises – Financial Review
Podcast: Play in new window | Play in new window (Duration: 13:15 — 6.1MB) DOW – 26 = 18,285 SPX – 1 = 2125 NAS + 1 = 5071 10 YR YLD – .01 = 2.25% OIL + .77 = 58.76 GOLD + 1.80 = 1210.80 SILV un = 17.18 April 29 and 30 the […]
E Isoray Reports Positive Results In Lung Cancer Study
TM Editors’ Note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Shares of Isoray (ISR) soared 93% after the company reported long term results from a lung cancer study that recruited high risk patients. The company has developed a drug compound known as Cesium-131 […]
