As we have seen so many times, the nature of a chart formation is revealed at key moments when the chart action approaches a critical decision point, especially after a sustained move higher or lower. In this case gold is
October 15, 2015
Strong equity rallies all across the globe today with most markets returning between 1.5 and 2.5%. In Europe it took time for both the FTSE and CAC to follow suit but by the end of the day made Europe a clean-sweep. The
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 217 = 17,141 SPX + 29 = 2023 NAS + 87 = 4870 10 YR YLD + .04 = 2.20% OIL + .28 = 46.92 GOLD – .90
Founded in 1945, El Segundo, California-based Mattel Inc (MAT) is a leading American toymaker that designs, manufactures, and markets trademarked brands like Barbie, Hot Wheels, and Fisher-Price around the world. It currently has a presence in 40 countries, and operates through three
Naturally you can assume that portfolio managers are working hard to stay invested since that’s their duty. The herd can invent all manner of spin to keep the con going that bad news remains great since the Fed “can’t” or
My estimate of 2020 for fully autonomous cars on the roads, that most laughed at a few years ago when I made the prediction, is starting to look laughable in the other direction. Please consider Tesla Adds High-Speed Autonomous Driving to
Ken Rogoff in the Financial Times argues that the world economy is suffering from a debt hangover rather than deficient demand. The argument and the evidence are partly there: financial crises tend to be more persistent. However, there is still an
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the five undervalued companies for value investors reviewed by ModernGraham with the highest beta. A company’s beta indicates the correlation at which
As the post-“crash” recovery lurches to another high, the mainstream media and bulls are splooging left and right: I am surprisingly nonplussed about the entire affair. I remain extraordinarily short, and although I covered some nice money-makers early this morning
Congress is heading into another big brawl over the federal budget deficit, the national debt, and the debt ceiling. Republicans are already talking about holding Social Security and Medicare “hostage” during negotiations—hell-bent on getting cuts in exchange for a debt limit
