Visualizing America’s Changing Energy Mix (1970 – 2030e)
Today’s chart plots data from the Energy Information Administration (EIA) to show America’s changing energy mix, along with their projected mix for 2030. It shows the total amount of energy used each year, along with energy use per capita. It then breaks down each year’s energy supply by source, which provides another way for us […]
Caterpillar Inc. Denies Breaking Any Tax Laws, Contrary To Report
Caterpillar Inc. (NYSE:CAT) on Friday denied it had engaged in any wrongdoing in respect to its federal tax requirements, responding to both a scathing report submitted this week by independent investigators and a recent raid on its corporate headquarters.
EC When To Trade Raw
With the exit of FXCM out of the US FX market, it looked like the last of the US raw price dealers was gone. Fortunately, Oanda stepped up to the plate and this week revealed that it will be rolling out raw pricing first for its FXtrade platform and then eventually for MT4. So I […]
Dillards: Undervalued Retailer. Get Paid To Wait
Overview: We will examine the reasons why Dillard’s stock is attractive and why value investors including, David Einhorn, have been buying. Dillard’s (NYSE: DDS ) encompasses numerous value metrics I require in an undervalued situation. Dillard’s has ample liquidity, low debt, positive earnings, low p/e, strong balance sheet, a large stock buyback program, strong cash […]
Using “Collective Intelligence” To Pick Startup Investments
Last year, a group of California scientists plunked down a $20 bet on the Kentucky Derby. The wager was on the “Superfecta,” which requires correctly picking the first-, second-, third- and fourth-place finishers. The odds of doing so are tiny, so the payout ratio is a whopping 540-1. Their $20 bet turned into $10,822 once […]
Stocks And Precious Metals Charts – The Metals Hold The Line
Despite some intraday action, stocks finished largely unchanged. Precious metals managed to hold their key levels in the face of the ‘better than expected’ Jobs Report. The FOMC will be announcing their decision on rates next Wednesday. I have included the economic calendar for next week below. The SEC has rejected the Winklevoss twins proposal […]
The One Way To Keep Beating The Market By 50%
Sometimes it pays to sound like a broken record. Literally… For several years now, I’ve been telling investors – over and over again – that if you want to transform your net worth… if you want to secure a wealthy retirement… you absolutely have to be in high tech and the life sciences. Like we […]
As Oil Plunges, Oil CEOs Say “Message Is Clear”: “Worst Is Behind Us, Time For Growth”
Well, I’ll say this for Wells Fargo (whose research I maligned on Thursday prompting an amusing response from the bank’s help desk): they are dead on when it comes to explaining how US operators didn’t seem to learn jack sh*t from the downturn in crude prices. Here’s what the bank said in a great note out last month: […]
Is A Low Unemployment Rate “Great News” For Stocks?
We’ve come a long way, baby. In October 2009, the U.S. Unemployment Rate stood at 10%, the highest level since the deep recession in the early 1980’s. Since then, it has moved all the way down to 4.7%. Payrolls have now expanded for 77 consecutive months, by far the longest streak in history. With economic […]
Divergence Between GDPNow And FRBNY Nowcast Hits Two Full Percentage Points
Since February 24, a string of bad economic reports drove the Atlanta Fed GDPNow estimate for 1st quarter GDP from 2.5% to 1.2% In the same timeframe, the FRBNY Nowcast Model rose slightly from 3.1% tp 3.2% in a report released today. The gap between the models is now two full percentage points. I expected the gap to partially […]
