Stocks, Bonds And Gold; Snapshot Of A Shifting Macro
Over the last year we transitioned from the stock market angst of 2015 to the bullish breakout of 2016. For NFTRH, the real proof in the pudding was the ramp up in the cyclical Semiconductor sector’s Equipment sub-segment (AMAT, LRCX and the like). Specifically, we tracked a trend in Equipment orders and projected a bullish […]
Tesla Jumps Back Above $300 As Musk Makes More Promises
In a series of tweets this afternoon, Tesla CEO Elon Musk made more promises about the future including a semi-truck, a pick-up truck and next-gen roadster. The stock is up… Tesla Semi truck unveil set for September. Team has done an amazing job. Seriously next level. — Elon Musk (@elonmusk) April 13, 2017 @SamGonzales Next […]
After The Crash, Part 1: Solar Stocks
The frustration out there is palpable. Skim the comments sections of popular financial sites like Zero Hedge or Seeking Alpha and you’ll see gloom-and-doomy articles drawing responses like “You’ve been saying the same %^#&*! thing for years…he’s a broken clock…this is just scare mongering.” And those are the polite responses. Which means two things. First, […]
EURUSD: “We Are At An Interesting Juncture”
Jim Martens talks about a pattern in EURUSD that’s been years in the making and what it implies for future price action. Video Length: 00:05:32
Starbucks: Takeaways From The 2017 Annual Meeting
Starbucks (SBUX) has had a very impressive run since its IPO in 1992. The stock has returned 18,325% during that time period, which has pummelled the S&P 500 (along with every other index). Starbucks is also a strong dividend stock. The company hiked its dividend by an eye-popping 25% in November, which was the sixth […]
Econoday Parrot Squawks Again After Sentiment Rebounds To 17-Year High
The Econoday parrot is once again squawking about consumer sentiment, long after any correlation between sentiment and consumer spending has been disproved. After cooling in February and March, the consumer sentiment index is showing new strength. Preliminary April index is up 1.1 points to 98.0 which beats the Econoday consensus by 1 full point and Econoday’s […]
Energy Reversal
Energy is far and away my biggest focus these days, both by way of a huge long ERY position and a ton of energy shorts. It’s all riding on this chart…
Bristol-Myers Squibb To Out-License Drugs To Roche & Biogen For A Total Of $470 Million In Cash
Written by John Carroll Bristol-Myers Squibb Co. (NYSE: BMY) has forged a pair of separate pacts with Roche Holding Ltd. (PINK: RHHBY) and Biogen Inc. (Nasdaq: BIIB) to out-license two drugs, grabbing a whopping $470 million upfront for the deals. With $615 million in milestones possible the deals total about $1.1 billion, plus royalties. Biogen gets control of […]
Preliminary April 2017 Michigan Consumer Sentiment Inches Up
by Jill Mislinski, Advisor Perspectives/dshort.com The University of Michigan Preliminary Consumer Sentiment for April came in at 98.0, up from the March Final reading of 96.9. Investing.com had forecast 96.5. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment inched upward in early April mainly due to more favorable views of current economic conditions. The […]
The Recent Presidio IPO Fails To Create Interest
Many expected the Snap IPO earlier this year to help drive more tech Unicorns into the public markets. Some have followed suit and listed, but to rather unimpressive results. One such company is IT solutions provider Presidio (PSDO). Presidio’s Offerings Presidio, formerly known as Aegis Holdings, was founded in 2003 by Pete Kocks. It was […]
