Oil Prices Likely To Remain Volatile
Oil prices were collapsing earlier this year, but they’ve since rebounded nearly 60% from their February lows. Is the price going to keep rising? Personally, I don’t think so. I think the price is likely to fall back down towards the recent lows, although probably not that low again. But in any case, I expect […]
UK Services PMI At 53.7 – GBP Frowns
The services sector in the UK is growing at a faster pace in March: 53.7 points according to Markit’s PMI. This was more or less as expected and given the current market mood, there may be a sigh of relief. However, this does not really cheer GBP/USD which remains only barely above the 1.42 level. The UK services PMI […]
S&P 500 And Nasdaq 100 Forecast – April 5, 2016
S&P 500 The S&P 500 initially rose during the course of the day on Monday but found the 2080 handle to be a bit too resistive. However, it should be noted that the initial move higher was a gap, and that typically means an impulsive move that will get followed. With that, it’s very likely […]
E Are We At A Fear Fatigue Juncture In The VIX?
We’ve all heard a steady drumbeat of negative developments about oil, bad debt, sluggish economies, blah, blah for well over a year now. And we’ve seen some unsettling rallies in the VIX associated with all this, but now the AAII Sentiment Survey has just a 24% bearish reading. The mean is about 30% with one standard deviation […]
Was There A Run On The Bank? JPM Caps Some ATM Withdrawals
Under the auspices of “protecting clients from criminal activity,” JPMorgan Chase has decided to impose withdrawal limits on certain ATM transactions. As WSJ reports, following the bank’s ATM modification to enable $100-bills to be dispensed with no limit, some customers started pulling out tens of thousands of dollars at a time. This apparent bank run has prompted Jamie Dimon […]
BonTerra Resources Delivers Its Own March Madness
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. BonTerra Resources stock is up just over 70% in March and 146% in 2016. In March, BonTerra acquired nearly 1 Moz of gold at the Larder project and released great drill results on […]
Charlie Munger: Worldly Wisdom
A graduate of Harvard Law School, Charlie Munger was given some solid advice by Warren Buffett, who said that law was fine as a hobby, but he could do better. A few years later, Munger left his law firm and started investing. Today he works with Buffett as vice chairman of Berkshire Hathaway. His net worth is about […]
7 Financial Lessons From Game Of Thrones
Game of Thrones has captured the imagination of an entire generation of fantasy and science fiction fans. Its unique storytelling and memorable characters have leapt from the screen and into our daily lives. If you search deep enough, you’ll quickly see that GOT offers up some important financial lessons for new and experienced investors looking […]
USD/JPYFalls To The Lowest Since 2014
A negative market mood is the best fuel for the Japanese yen. Safe haven flows are sending the currency to the highest levels against the USD since October 2014, when the BOJ introduced the second round of its QQE program. Oil prices as well as stocks in most of Asia are falling. The Panama Papers, […]
E Will PepsiCo’s New Brands Be Enough?
In the past five years, soda has become less and less of a mainstay in American society. The volume of soda consumed has dropped 1% to 3% per year every year during that time. Diet soda has seen the worst of it, losing 2.5% to 6% annually during that time. “The number one fixation on […]
