Inside China’s Insane IPO Market: Full Frontal
We’ve said it before and we’ll say it again: China’s equity mania truly is the gift that keeps on giving, and not just for those who are riding the wave, but also for those who, like us, appreciate the humor in a giant, margin-fueled bubble that’s captivated millions upon millions of semi-literate housewives and banana […]
Week In Review: BeiGene Raises $97 Million For Cancer Drugs
Deals and Financings BeiGene, a Beijing biopharma focused on developing novel targeted and immuno-oncology cancer therapies, completed a $97 million fundraising (see story). Six months ago, BeiGene announced a $75 million Series A financing. BeiGene currently has three small molecule inhibitors in Phase I trials and expects to start a trial of a novel PD-1 […]
Gold Daily And Silver Weekly Charts – Distorted Markets, Financial Sophistry, And Moral Hazard
There was intraday commentary here that included an interesting perspective from the audacious one percent and their enablers. And there was another about the current state of political discussion in Britain, a recent awkwardly stated reflection by the Prime Minister that may have revealed the mindset of their powerful, and its possible relationship with the continuum of politics and ‘statism’ here. Oddly enough, both […]
Will You Be Alive When We Run Out Of Oil?
By the time I turn 81, humanity will have run out of oil. Just two years later, when I am 83, we’ll run out of coal. And if I live to the age of 141 – which isn’t such a far-fetched idea with the way life expectancy is rising – we’ll be out […]
Cars Of The Future, Today: A Flying Car And A Self-Balancing Two-Wheeled Car
The pace of technological advancement accelerates every year. Here are two car prototypes that highlight the advancement. C-1 Electric Two-Wheeled Car Please consider the C1, a Self-Balancing, Two-Wheeled Car invented by Daniel Kim, founder of Lit Motors. Motorcycles make more sense for single-passenger trips, but they are more dangerous to operate than cars, […]
Is This The Chart Of A Healthy Stock Market?
If fundamentals like profits and sales no longer matter, then all that’s left is faith that central banks will never let stock markets fall ever again. Is this the chart of a healthy stock market? The consensus view is either 1) yes, by definition, because charts don’t matter because the central banks will never let markets […]
E Revenue Shares Financial ETF 22% Outperformance Since 2008 Over XLF
Revenue Shares Financial Sector ETF (RWW) is a financial ETF that is weighted based on company revenues, not the usual market capitalization. This subtle difference has created an ETF that has substantially outperformed the S&P Financial ETF (XLF) since its inception in Oct 2008 – even though both hold the same stocks just different allocations. […]
12 High Quality Dividend Stocks For Retirement
Retired investors have different investment needs than investors still in the accumulation phase. Retirees require a mix of current income, safety, and growth that is difficult to find. This article examines 12 dividend stocks that match retirees needs for current income, safety, and growth. Each of the 12 dividend stocks below has 25+ years of […]
The Dollar Blues
Disappointing US economic data and high volatility in the German bunds kept the dollar under pressure. Over the past week the greenback fell against all the major currencies, save the New Zealand dollar (where interest rate cut expectations have built for as soon as next month). Most currencies from the emerging markets rose against the […]
