SEC Rejects Winklevoss Bitcoin Trust ETF Application For Listing
On Friday, the Securities and Exchange Commission officially rejected the application to bring the Winklevoss Bitcoin Trust ETF (COIN) to market (as expected according to a prior article. Written by ETFdailynews.com The story of Bitcoin in an ETF wrapper doesn’t end there as at least two other issuers have pending proposals to bring their own […]
Hiddenburg? Maybe Not
The markets liked the payrolls data released Friday which reversed the steady declines (after the initial pop following Trump’s Congressional address), closing the week down .42% for the S&P 500. Moments after the jobs data was released, White House Press Secretary Spicer immediately tweeted that things were great. During the election, Trump stated that the […]
Trading Support And Resistance – Sunday, March 12
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 11 years of Forex prices, which show that the following methodologies have all produced profitable results: * Trading the two currencies that are trending the most strongly […]
Advantage Oil & Gas Ltd Appears To Have A Major Advantage Over Its Peers
A company that has caught our attention is Advantage Oil & Gas Ltd. (NYSE: AAV) , a pure-play with a production mix of 95% natural gas to oil, with the lowest operating costs in the world-class Montney region (see Figure 1 below). What intrigues us most about Advantage is its lean operations and organic growth […]
How To Handle Rising Interest Rates
The Federal Reserve has signaled its desire to raise interest rates. In this video, I’ll consider whether you need to take any steps to prepare for higher interest rates. There are three primary areas of your financial life to review in preparation for higher rates on the way: stocks, bonds, and debt. Let’s look at […]
Gold Prices Cling To Support As Markets Await Fed
Fundamental Forecast for Gold: Neutral Gold Prices Slide Down the Slope of Despair Gold prices fell for the second consecutive week with the precious metal down 2.67% to trade at 1201 ahead of the New York close on Friday. Bullion is down more than 5% off the yearly high and has been fueled by expectations for […]
Percentage Of Junk Investors Raising Cash Explodes, Number Reporting Below Average Cash Position Halves
Whatever you do, don’t you try and say we didn’t warn you. Time after time, post after post, we’ve said the same thing: high yield is a bubble. The fundamentals are bad, the rally is overdone, and the spread compression off last year’s wides is nothing short of spectacular. Now, we’re seeing that bubble burst. If […]
Asian Markets Give Mixed Signals: ETFs In Focus
China’s producer price index (PPI) rose 7.8% in February from a year earlier, slightly more than analysts’ estimates of 7.7%, and at the fastest pace since September 2008 per the National Bureau of Statistics. These gains were mainly driven by the mining and heavy industry, which witnessed a gain of 36.1%. Iron ore and steel […]
Goldman: Investors Will Soon Capitulate
After the inflation in P/E multiples has sent the S&P 500 to to a level above the 90% percentile of all historical valuations, Goldman has called a time out, and says that there will be no more multiple expansion. As a result only one thing will push stock prices higher “as equity valuations compress as interest […]
Analysts Predict These 5 Casino & Gaming Stocks Will Be Winners
TM Editors’ Note: This article discusses one or more penny stocks/mini caps. Such stocks can be easily manipulated; do your own careful due diligence. In this article we identify those Canadian casino and gaming stocks that analysts predict will have year-over-year growth in revenues and, to further compare their profiles, we provide enterprise value-to-sales metrics. [Figures […]
