Fractal Analysis Shows Coming ’70s-Style Gold Stocks Rally From Even Cheaper Levels
In terms of the gold price, gold stocks are currently at better value than at the beginning of the bull market in 2001. In 2001, at the bottom of the gold bull market, the XAU to Gold ratio was around 0.2 compared to 0.05 today. In other words, gold stocks are cheaper than they were […]
RBS Goes To Robo-Advisors, Fires Hundreds; Real Advisor Requires £250,000
The Royal Bank of Scotland fired 220 advisors and instead will use robots to answer customer’s investment questions. To talk to a real person you need £250,000. That’s about $362,000. RBS says this is what customers want. RBS Fires 220 Advisors Please consider RBS Cuts Hundreds of Jobs as FCA Approves ‘Robo-Advisers’. Royal Bank of Scotland […]
Vectren Corp – Chart Of The Day
The Chart of the Day belongs to Vectren Corp (NYSE:VVC). I found the utility stock by using Barchart to sort today’s All Time High list first for the highest number of new highs in the last month then again for technical buy signals over 80%. Since the Trend Spotter signaled a buy on 2/1 the stock gained 16.79%. Vectren Corp., through […]
The Federal Reserve’s Path: Four Hikes, Two Hikes, Zero Hikes, QE4
Three months ago, the Federal Reserve anticipated raising overnight lending rates four times in 2016. Now they are projecting just two hikes. At this rate, by the time June rolls around, Janet Yellen’s Fed will declare zero changes to interest rate policy for the entire calendar year. And in the fall? If there’s enough financial […]
Fed Remains Cautious
Cautious Federal Reserve As is typical of FOMC days the stock market was goosed higher today along with crude oil prices which rallied $2.12 a barrel to $38.46 a barrel given the Fed smash on the US dollar today. The Federal Reserve in its FOMC meeting announced once again they would do nothing, saying not a lot […]
5 Top Growth Stocks To Invest In Right Now
Investors look to adopt an investment strategy to garner above-market returns. However, if the company grows at the market’s projected growth rate, the stock’s performance will be in line with market returns. Thus, for better gains compared to the market, investors need to focus on stocks that have the potential to record strong earnings growth […]
EC A Look Inside The Minds Of The FOMC
Picture Credit: TZA Doing nothing never did more. Time for the quarterly examination of the composite views of the Federal Open Markets Committee, along with some choice comments on its chief partner-in-crime, the ECB. Ready? Let’s go! Now, I promised a look inside the minds of the FOMC, and hypothetically, that is what this will be. To […]
February 2016 Leading Economic Index – Modest Economic Expansion To Continue Through Early 2016
The Conference Board Leading Economic Index (LEI) for the U.S marginally improved this month – and the authors believe “the outlook remains positive with little chance of a downturn in the near-term”. This index is designed to forecast the economy six months in advance. The market (from Bloomberg) expected this index’s value at 0.1 % […]
Three Things I Think I Think – Financial Crisis Edition
Here are some things I think I am thinking about: Warren Buffett on the financial crisis, investing with a sound premise & silly Congressional ideas. 1 – What Caused the Financial Crisis according to Warren Buffett? The National Archives released documents related to the Financial Crisis late last week. Among them were some interviews with Warren Buffett on […]
Possible Implications Of A Brexit
One of the top headlines these days is the issue of a Brexit or a British exit from the European Union. As it turns out, some Britons and political leaders believe that the EU policies are already infringing on UK sovereignty and its stance on immigration might not be the best for all its members. […]
