On Wednesday, I published a mid-week metals update for members at Elliottwavetrader.net that said that “I have no reason to go short this market yet,” and that “I intend to ride this rally up.” The next day saw gold and
January 12, 2016
In after-hours trading today Arena Pharmaceuticals (ARNA) announced a collaboration with privately held pharmaceutical company Boehringer Ingelheim. Together both companies will perform joint research aimed at discovering G protein-coupled receptors, which belongs to a group of orphan CNS receptors (CNS
NGDP Targeting is an easy concept to understand (with graphs) and so I will try to share it here. I am sharing this as a layman, a financial contributor, not as an economist. I have not made a judgement about
It is amazing to reflect on the fact that the stock market last week experienced its worst 5-day span to open the year ever. I haven’t independently confirmed that; it seems incredible to me that in a hundred and whatever years
Video Length: 00:07:11 There are several ways to “find” the best value stocks. Many investors simply use the price-to-earnings ratio, or P/E. But there are other fundamentals investors can also use, including the price-to-book (“P/B”) ratio. Tracey Ryniec, Stock
“An acute shortage of readily marketable physical gold is developing that we believe will deepen in years to come. This possibility seems to be unrecognized by those who are short the gold market through paper contracts. The relentless dumping of
How can it be that automaker stock prices are tumbling given that auto sales (if one listens to CNBC) are surging, that (if one listens to the CEOs) everything is awesome for automakers, and (if one listens to Phil LeBeau) there is no
I doubt very much that reversal had anything to do with conscious appreciation for convertibility, but deep within the mechanics of money and global liquidity it was certainly there. When I wrote yesterday about liquidity preferences under something like the eurodollar system,
The debate over the economy has really heated up over the past few weeks since the Fed raised the funds rate. Some believe we are likely headed for recession. Others dismiss the idea out of hand. Many times, these latter
The year has only just begun, and already Intel is having a busy one. Last week the chip maker unveiled new products at the Consumer Electronics Show, and apparently its booth was constantly mobbed by excited attendees. This week Intel is set
