Gold – Crossing The Rubicon

Gold – Crossing The Rubicon

Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors driving the dollar lower are several and disparate. The US economy is sluggish relative to the rest […]
Hot Options Alert: Midday – Thursday, August 24

Hot Options Alert: Midday – Thursday, August 24

 
3 Soaring Hot Stocks With Big Insider Buying

3 Soaring Hot Stocks With Big Insider Buying

Using TipRanks’ popular Insiders’ Hot Stocks tool, we found which stocks best-performing corporate insiders like right now. We differentiate between informative and uninformative insider transactions in order to find the most compelling opportunities. Uninformative transactions indicate that an insider is buying/selling shares for reasons that do not necessarily indicate confidence in the company, such as exercising share options. […]
Stocks Have ‘Friends In High Places’

Stocks Have ‘Friends In High Places’

Well, former trader and man who has been trying really, really hard lately to keep from flipping the fuck out in his daily missives, Richard Breslow, is out with his latest and it’s a winner. Richard’s Thursday piece touches on a variety of stories we’ve mentioned here over the past month, including the fact that the SNB […]
Freezing Of Bank Accounts: A New Threat For Savers

Freezing Of Bank Accounts: A New Threat For Savers

Savers are getting strangled by regulations: new laws are threatening their assets and limiting their freedom. They have become prey to a sicker and sicker banking and monetary system. We have already warned about the BRRD directive, which authorizes a failing bank to bail itself out using its clients’ accounts, and mentioned in passing that the 100,000 […]
Kansas City Fed Survey: Accelerating Activity In August

Kansas City Fed Survey: Accelerating Activity In August

The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New Mexico. Quarterly data for this indicator dates back to 1995, but monthly data is only available from 2001. New seasonal adjustment factors were introduced in January 2017 and slight revisions […]
Will The China Shock Operate In Reverse?

Will The China Shock Operate In Reverse?

Everyone knows that China’s economy has had explosive economic growth in recent decades, with tidal effects through the rest of the global economy. In fact, China’s economy has come so far and so fast that some of the main shocks it has caused in recent decades may be about to move into reverse. At least, […]
Existing Home Sales Unexpectedly Decline To 2017 Lows

Existing Home Sales Unexpectedly Decline To 2017 Lows

On the heels of an unexpected decline in new home sales yesterday, comes news of an unexpected decline in existing home sales today. The Econoday consensus estimate for existing home sales was 5.565 million at a seasonally adjusted annualized rate up from a reported 5.520 million in June. Instead, existing home sales fell 1.3% from a downward […]
Wage Growth And Demographics: One More Time

Wage Growth And Demographics: One More Time

I messed up earlier this week in discussing the possible impact of demographic changes in the composition of the labor force on the rate of wage growth, but this is an important issue that we should be able to think about clearly. The question is whether the slow pace of wage growth in the last year or […]
Analysts See China Mobile Tender As Beneficial For Optical Names

Analysts See China Mobile Tender As Beneficial For Optical Names

Yesterday, China Mobile (CHL) announced on its Chinese language website a major coherent transport order of 42K-70K ports. Commenting on the news, Needham analyst Alex Henderson said it may cause “a meaningful change” in the demand trajectory out of China, helping optical names. While his peer at B. Riley acknowledged that the tender could be […]