Northern Oil And Gas: Michael Reger’s Deeply Misleading Tweet
Northern Oil and Gas (NYSE:NOG) is familiar to long-time readers of this blog. I posted about it here, here, here and here. I have been short this stock for some years and my view is that absent sustained high oil prices this company will file bankruptcy. I also follow the Twitter account of Michael Reger […]
EC Are Stocks Really The Only Game In Town?
Contrarians must be thinking about the sustainability of the year-end stock rally after six weeks of remarkable gains. The most recent AAII Investor Sentiment Survey discovered that a whopping 52 percent of respondents were Investor Sentiment, far surpassing the long-term trend of 39 percent. Meanwhile, nearly $43 billion of inflows poured into U.S. equity ETFs […]
Portfolio Update
As we enter the home stretch of 2014 I wanted to give an update about my portfolio and holdings in my taxable and ROTH accounts. November has brought about my highest ever portfolio value in both accounts as my total investment balance in my taxable account reached $111,328.59 and my total investment balance in my […]
Visualizing The 8-Year Evolution Of The-Last-Second-Of-Trading Panic
By now, every trader who watches markets every day is acutely aware of the increasing concentration of massive amounts of volume in the last second of the trading day. Here is 8 years of the last few seconds of the trading day and how ‘efficiently’ it has evolved… Running time 1:13 h/t @NanexLLC alternative for […]
The Right Way To Find Growth And Value Stocks
Looking for growth and value is a winning combination. First off, Growth Investors focus on companies with great earnings growth. And this makes sense since earnings drive prices. But nobody wants to overpay for good growth. Value Investors focus on low valuation metrics like low P/Es for example. But many companies have low P/Es because […]
Housing Fraud Is Back – Real Estate Industry Intentionally Inflating Home Appraisals
Almost 40% of appraisers surveyed from Sept. 15 through Nov. 7 reported experiencing pressure to inflate values, according to Allterra Group LLC, a for-profit appraiser-advocacy firm based in Salisbury, Md. That figure was 37% in the survey for the previous year. “If you thought what was happening before was an embarrassment, wait until the second […]
The Santa Rally: Separating Fact From Fiction
It’s December and you know what that means: let the “Santa Claus rally” calls begin. Like “Black Friday” sales, the Santa rally talk seems to start earlier and earlier each and every year. We actually started seeing articles about the rally in early November and they are out in full force today. Why the constant talk of […]
Locking Up Profits
Draw your own conclusions about what it says about the state of our country, but one of the most amazing stocks out there – and one which looks on the cusp of finishing another terrific upside breakout – is the private prison company Corrections Corporation of America.
US Daily Cash Deficit November 2014
The US Daily Cash Surplus for 11/28/2014 was $4.4B bringing the November 2014 deficit for the full month to $75B…which curiously enough is exactly what I predicted here. I love it when I’m lucky. Click on picture to enlarge Revenues ended up at $210B, besting 2013 by just $4B and $1.6%. That’s a little disappointing coming off […]
Gold Daily And Silver Weekly Charts – Economic Sophistry
“The commercial world is very frequently put into confusion by the bankruptcy of merchants that assumed the splendour of wealth, only to obtain the privilege of trading with the stock of other men, and of contracting debts which nothing but lucky casualties could enable them to pay; till after having supported their appearance a while […]
