Wednesday’s market action was tepid because it is the day before two important events. The former FBI director, James Comey, will be testifying in front of Congress and the ECB will be meeting tomorrow. There’s not much I can say about Comey’s
June 7, 2017
Video length: 00:09:56
Stocks and precious metals largely kept jogging in place, with a little excitement thrown in here and there to keep the tourists interested. Gold and silver are poised below the breakout level, when even the financial media might have to
Imagine the chair as the market. Despite what many believe as impossible odds, the market sits, although somewhat precariously, near the record highs. The water streams down, representing the market’s chance of slipping. Yet, the rockledge offers the chair enough
Imagine the chair as the market. Despite what many believe as impossible odds, the market sits, although somewhat precariously, near the record highs. The water streams down, representing the market’s chance of slipping. Yet, the rockledge offers the chair enough
In its latest weekly release, Houston-based oilfield services company Baker Hughes Inc. BHI reported another rise in the U.S. rig count (number of rigs searching for oil and gas in the country) – the twentieth straight periodical increase. This can be attributed
At the end of March, the European Central Bank (ECB) offered a second round of bank financing. Dubbed TLTRO’s, T for “targeted”, the program offered banks a chance to obtain direct funding for up to four years at an incredibly
Written by Vitaliy N. Katsenelson We are having a hard time finding high-quality companies at attractive valuations. For us, this is not an academic frustration. We are constantly looking for new stocks by running stock screens, endlessly reading (blogs, research, magazines,
The headlines say consumer credit rate of annual growth slowed from last month. Our analysis agrees – and we see a moderately lower growth rate. Analyst Opinion of the Consumer Credit Situation Not only does this data set suffer from
When Amazon.com Inc. (Nasdaq: AMZN) crossed the $1,000 mark on May 31, TV host Jim Cramer was quick to throw out what he called a “red flag.” Frankly, I think he was waving a white one… Here’s why I say that. The host of CNBC’s Mad Money mostly
