Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
Forecasts Of The Stock Market Correction And Gold

Some analysts expect the stock market crash or even recession in the near future. Are they right? And how it would affect the gold market? The elevated valuations of equities (see the chart below) mak...
On August 30, 2017 / By Kurt Osterberg
Finance 0
Billion Dollar Unicorns: Newly Public Redfin Wants To Be The Amazon Of Real Estate

According to the National Association of Realtors (NAR), the aggregate value of existing US home sales in 2016 was approximately $1.5 trillion. Researchers estimate that 5.5 million transactions were...
On August 30, 2017 / By Kurt Osterberg
Finance 0
Dollar No Longer Fearful Of Geopolitical Risks

The US dollar is continuing its recovery against its competitors during the European session. As North Korea falls silent on its threats of ballistic missile launches, the dollar is well on its way to...
On August 30, 2017 / By Kurt Osterberg
Finance 0
Second Estimate 2Q2017 GDP Growth Improves To 3.0 %

The second estimate of second quarter 2017 Real Gross Domestic Product (GDP) was increased to a positive 3.0 % from the advance estimate’s 2.6 %. Year-over-year growth was also increased from ...
On August 30, 2017 / By Kurt Osterberg
Finance 0
BEA Revises 2nd Quarter 2017 GDP Growth Upward To 3.04% – Wednesday, August 30

In their second estimate of the US GDP for the second quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.04% annual rate, up +0.48% from their pr...
On August 30, 2017 / By Kurt Osterberg
Finance 0
WTI/RBOB Algos Undecided After Gasoline Build, Production Dip

RBOB gasoline is at a 25-month high (and WTI has a $45 handle) as all attention is focused on the duration and impact of the storm (i.e. how long refineries will be closed?). Inventory and Production...
On August 30, 2017 / By Kurt Osterberg
Finance 0
5 Excellent Value Stocks Based On Low PEG Ratio

The popularity of value investing is on the rise. The success of billionaire value investors like Warren Buffett further underscores the fact. Per a July Motley Fool article, over the past 50 years, h...
On August 30, 2017 / By Kurt Osterberg
Finance 0
S&P 500 Index: A Single Day Beats The Entire Week!

Many market participants believe simple phenomena in the stock market are purely random events and cannot recur consistently. Indeed, there is probably no stock market rule that will remain valid fore...
On August 30, 2017 / By Kurt Osterberg
Finance 0
Is The Current U.S. Equity Market Rally Sustainable?

U.S. equities continue to be a beacon of growth on a year-to-date (YTD) basis. With a YTD performance for the S&P 500 of +11.6%,1 many debate whether drivers of this market rally are macroecono...
On August 30, 2017 / By Kurt Osterberg
Finance 0
Citi Starts BioMarin At Buy With $169 Per Share ‘Blue Sky Scenario’

Citi analyst Robyn Karnauskas started BioMarin (BMRN) with a Buy rating and $98 price target. The analyst sees approval of pegvaliase for the treatment of phenylketonuria, which has an FDA action date...
On August 30, 2017 / By Kurt Osterberg