Tomorrow there will be an option expiration on the Comex for the March gold contract related options. Gold is showing the way higher for silver. The gold/silver ratio is hovering around 80 which indicates either a secular squeeze in physical
February 23, 2016
After last week’s roller-coaster ride (API “draw” vs DOE “build”), tonight’s API data (following Al-Naimi’s reality check this morning) was much heralded. After DOE reported builds across the entire complex last week, and expectations of a 3mm barrel build, API reported
Oil prices did a nosedive today after the Saudi Oil Minister ruled out production cuts, and later in the morning, the latest Consumer Confidence reading surprised to the downside (more here). The S&P 500 opened lower and sold off sharply for
First Solar, Inc. (FSLR) released its fourth quarter earnings report after closing bell tonight, posting earnings of $1.60 per share and revenue of $942 million. Analysts had been expecting earnings of 77 cents per share and $929 million in revenue.
The hard work of yesterday was undone by today’s selling. Volume was relatively contained, with profit taking and some eager shorts looking to take advantage of the resistance test. Existing holders have little to fear from today, and wannabe buyers
This definitive sign of a currency collapse is easy to see… When paper money literally becomes trash. Maybe you’ve seen images depicting hyperinflation in Germany after World War I. The German government had printed so much money that it became
Greetings, With Markit releasing the February flash PMI reports, let’s look at the global manufacturing trends. It’s not a pretty picture. 1. Japan’s flash PMI is at an 8-month low as manufacturing stalls. Source: @MarkitEconomics Source: @MarkitEconomics, h/t Jake 2.
There is nothing more powerful for generating market-beating total returns than an accelerating dividend. It is how Warren Buffett made his billions and can make you richer too. Here are five safe income stocks with accelerating dividends that can give
There are two great risks an equity income investor takes. One is the obvious scenario, the one all should and usually fear; the prospect of a dividend cut or omission. We know how to manage this. The other is subtle, the
Just a few hours after JPM admitted that our concerns that the bank was covering up its oil and gas exposure by dramatically underreserving for future loans when it took another 60% reserve for future losses to a total of $1.3
