SocGen’s Andrew Lapthorne is going to make you a believer in the idea that spreads are disconnected from measures of corporate leverage if he has to kick down your damn door and scream it at you. Regular readers have probably
May 5, 2018
The past few months have seen some unusual, maybe even unique, developments in the gold and silver futures markets, with gold becoming extremely bearish and silver almost ridiculously bullish. Neither imbalance has amounted to much in terms of price action,
Fundamental Forecast for USOIL: Bullish Talking Points: The ONE Thing: Bets are rising that Trump will exit the Iran Accord on May 12 after Israeli PM Netanyahu called Iran liars, only to have Iran call Trump a bully. It seems like Trumps
Yesterday, you got the answers to eight of the most common questions I receive about penny stocks. One of those questions was: “How do you make money when stocks go down?” To which I answered: Shorting the stock. Let’s talk about that a
The Bureau of Labor Statistics announced yesterday that the unemployment rate was down to 3.9% in April. That’s nearly as low as it’s been any time in the last half century. Does that mean the U.S. economy faces some problems ahead? Worries
Bitcoin’s price increased from $7,200 to $9,600 over the last month. Despite cryptocurrencies making some people wealthy, many financial gurus and professionals warn investors to stay away from digital currencies. Jordan Belfort, the infamous Wolf of Wall Street says that
NYMEX Natural Gas fell during the week. Oversupply and higher temperatures in the United States always have an impact in demand shown by EIA’s weekly storage reports. Shorter term traders came in to sell the exhaustive candles. Volumes, however, did
On Thursday morning, as the market dropped below its 200-dma, I got numerous emails asking about the break. I wrote the following in response: “I have often discussed that as a portfolio manager I am not too concerned with
The S&P 500 ended the first week of May with a minor 0.24% loss from last Friday and 1.28% gain from Thursday. The index is down 1.2% YTD and 7.3% below its record close. The U.S. Treasury puts the closing
