March 2016 - Page 3 of 193 -

Something Did Break After All: Repo Rate Soars Most Since September 2008

Mar 31, 2016 Jeremy Parkinson Finance 0

Back on December 31, the day which was the first quarter and year-end after the Fed’s first rate hike cycle in nearly a decade, we pointed out something unexpected – the Fed’s rate hike corridor had just been broken when the Fed Funds rate traded as low as 0.12%, far below the mandated minimum of 0.25%. […]

Dollar Still Weighed By Uncertainty

Mar 31, 2016 Jeremy Parkinson Finance 0

The US Dollar’s slide has finally subsided after hitting a 7-week trough versus the common currency Euro. Analysts say that moves are, however, muted given the need for cash flows to rebalance portfolios on the last day of the month, and in this case, the quarter. Earlier, the US Dollar Index seemed on pace to […]

Silver Junior Shines On Production Update

Mar 31, 2016 Jeremy Parkinson Finance 0

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. A battered silver miner produced some good news Thursday, while a popular healthcare play was under the weather. Here’s some small stocks making big moves on Thursday, March 31, 2016 (as of 11:15 […]

Precious Metals Report – March 31, 2016

Mar 31, 2016 Jeremy Parkinson Finance 0

Ira Epstein leads us through the day’s precious metal highlights. (Video length 00:07:54)

USO Is An Appealing Trade Setup

Mar 31, 2016 Jeremy Parkinson Finance 0

USO chart so far is really interesting to me. Yes, it has lost all of its short-term moving averages that include the 5-day, 10-day and 20-day, but overall, the pullback that has, until today, lasted six straight days and seven of the last eight days, has only given up 38.2% of its recent gains, which if you […]

Russia On A Gold Buying Spree

Mar 31, 2016 Jeremy Parkinson Finance 0

The Russians have launched into a gold buying spree. Based on recently released International Monetary Fund numbers reported at Mining.com., the Russian central bank ranked as the world’s leading gold buyer in February, adding 356,000 ounces to its reserves: Last December, Russia announced plans to increase its gold reserves to $500 billion within the next five years. […]

5 Top Performing Stocks Of The Top ETF Of 1Q

Mar 31, 2016 Jeremy Parkinson Finance 0

After being beaten down badly over the past few years, the broad mining industry got a fresh lease of life this year with PureFunds ISE Junior Silver ETF (SILJ –ETF report) topping the list of the best performing ETFs of 1Q16. The fund delivered whopping returns of about 71% in the first quarter. This is especially true against […]

Nasdaq Announces 28% Increase In Quarterly Dividend To $0.32 Per Share

Mar 31, 2016 Jeremy Parkinson Finance 0

NEW YORK, March 31, 2016 (GLOBE NEWSWIRE) — The Board of Directors of Nasdaq, Inc. (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.32 per share on the company’s outstanding common stock, a 28% increase from the prior $0.25 per share. The dividend is payable on June 24, 2016, to shareowners of record at the […]

JPM “Shaves” First Half GDP By 0.5% Due To Weaker Durable Goods And Consumer Spending

Mar 31, 2016 Jeremy Parkinson Finance 0

Remember when 2016 was the year when the US economy was finally supposed to take off on “above trend” growth? Make that 2017. Here is JPM’s chief economist Michael Feroli doing what banks are so good at doing: cutting their own US GDP growth forecasts. Shave and a haircut, first half We are shaving about […]

March 2016 Chicago Purchasing Managers Barometer Up 6 Points To The Highest Since April 2015

Mar 31, 2016 Jeremy Parkinson Finance 0

The Chicago Business Barometer which recently has spent more time in contraction than expansion.rose into expansion. This survey came in above expectations. From Bloomberg, the market expected the index between 49.0 to 53.2 (consensus 50.3) versus the actual at 53.6. A number below 50 indicates contraction. Chief Economist of MNI Indicators Philip Uglow said, The most […]