Category Archive: Finance
Precious Metals Ignore Correction Calls
Gold and gold stocks have refused to correct for more than a few days at a time. Weakness is being bought and quickly. Gold has gained over $200/oz but not corrected by more than 6%. The miners (GDX) have endured three roughly 10% corrections in the past six weeks but nothing greater. A few weeks […]
Huge Repo Warning
In the summer of 2014, repo fails suddenly surged out of nowhere. Between the events of the violent taper selloff in June 2013 and the first half of 2014, fails had been particularly calm if somewhat gently rising as the trend had it dating back to the QE’s. It had become common to find total […]
Gold Daily And Silver Weekly Charts – Shenanigans For Option Expiration, Silver Cup And Handle
“Let us take things as we find them: let us not attempt to distort them into what they are not. True philosophy deals with facts. We cannot make facts. All our wishing cannot change them. We must use them… Let us attempt to understand it. Let us not disguise it, or explain it away. It […]
E The Daily Shot And Data – March 18, 2016
The US dollar has experienced 2 consecutive days of 1% declines – something we haven’t seen in years. The declining dollar now drives risk assets such as equities, commodities and emerging market currencies and is in effect a form of monetary easing. Source: Investing.com Dollar-yen dipped below 111, a support level the currency pair is […]
5 Momentum Stocks That Rallied Over 10% In The Past Month
Major benchmarks posted significant gains over the past one month led by bullish factors like a strong rally in crude and encouraging economic data. Coming to figures, the Dow, S&P 500 and tech-laden Nasdaq Composite Index gained a respective 6.5%, 6.4% and 6.4%. Moreover, the Dow moved north for the fifth straight session […]
Market Talk – March 18, 2016
The strong Yen continues to weigh on the Nikkei even though other core Asian Indices performed. Minutes from the Jan BOJ meeting were released which showed that additional stimulus were discussed, including the possible expansion of QE. However, having opened unchanged and after a long week the Nikkei closed down -1.25% on the day and 2.5% lower […]
Economics Can’t Be Tested In A Vacuum
The economy is one of the most complex systems that exists in the world. Perhaps even the most complex system. I like to think of the monetary system like a car. There are very specific institutional structures that act as certain parts of this system and in a vacuum that car or system will do […]
Precious Metals Report – March 18, 2016
Ira Epstein leads us through the day’s precious metal highlights. (Video length 00:06:26)
Oculus Innovative Sciences Announces Pricing Of $3.4 Million Underwritten Public Offering
PETALUMA, Calif., March 18, 2016 (GLOBE NEWSWIRE) — Oculus Innovative Sciences, Inc. (NASDAQ: Common Stock – OCLS, Warrants – OCLSW) today announced the pricing of an underwritten public offering of 3,400,000 units, consisting of 3,400,000 shares of common stock, and warrants to purchase an aggregate of 850,000 shares of common stock, at an offering price […]
