Category Archive: Finance
Doc Copper & Freeport Continue To Blast Higher, Says Joe Friday
A month ago the Power of the Power of the Pattern shared the Doc Copper was breaking above a 6-year falling channel. While inside of this channel since the highs in 2011, Copper had lost over a third of its value. See breakout post HERE Doc Copper and Copper Miner Freeport (FCX) continue to reflect strength over Gold, Silver […]
Force 3 Friday – Hurricane Harvey Throws Markets Into Turmoil
This is a huge storm. We haven’t had a storm like this hit the land in over a decade and 2-3 FEET of rain are expected where Harvey hits land in the Gulf Basin. That will take many refiners off-line and Gasoline (/RB) and that’s already fantastic for our long Futures contracts, which we discussed during Wednesday’s Live […]
Give Us Another Ka-Pow
This hasn’t exactly been the most riveting week in market history. For those who thought the eclipse was going to kick off something big (c’mon — not me – I’m odd, but not THAT odd) this was surely a disappointment. Something to keep in mind is that in recent weeks, the drops have been sudden […]
Gold Vs. U.S. Dollar Charts – What’s Next?
Both gold and the U.S. dollar have an awesome setup. They both suggest what is likely to come next, at least in the short to medium term. First, the dollar corrected more than 10 percent since the first days of this year. That is meaningful for the most traded currency in the world. The dollar […]
The Smile Curve: The Distribution Of Benefits From Global Value Chains
Global value chains have been on the rise. Roughly one-third of international trade is “traditional” trade, in which all of production happens in one country and all of consumption happens in another. About two-thirds is either a “simple” global value chain, in which “value added crosses national borders only once during the production process, with no […]
The Slow Storms Are The Most Dangerous
Hurricane Harvey is rocking gasoline prices and distillate prices. The market is viewing this as mainly a refining event. Yet with the nature of this storm changing and the possibility it will be a slow mover, it could spark not only refining issues but production levels as well. Not only could a slow-moving storm shut […]
Splunk Inc. Shares Climb Up On Better Than Expected Earnings
Splunk Inc. (SPLK), a global software solutions company, yesterday reported their fiscal second quarter 2017 financial results. Splunk reported adjusted second quarter earnings of $0.08 per share which beat analyst expectations of $0.06 per share. SPLKreported second quarter revenues of $280 million which fell short of analyst expectations of $268.7 million. Splunk Inc. CEO’s Comments “I […]
Headline Durable Goods Orders Plummet In July, Largest Drop In Two Years
The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in July decreased $16.7 billion or 6.8 percent to $229.2 billion, the U.S. Census Bureau announced today. This decrease, […]
Dividend Or Growth Stocks – The Best Investment
Should I Invest In Dividend Or Growth Stocks? To someone learning how to invest in the stock market, the amount of options you have can be somewhat overwhelming. Stocks, bonds, annuities, options, forex, ETFs. It can all be a little too much to think about. I’m going to take a little time to go over […]
Bull Of The Day: Tyson Foods (TSN)
Founded in 1935 and headquartered in Springdale, Arkansas, Tyson Foods (TSN) is one of the largest food companies in the world. They produce, distribute and market chicken, beef, pork, prepared foods and related products. They currently operate in the US, China, and India and sell food all over the world. Their products are marketed and sold primarily […]
