Friday’s market rally following a strong jobs report pushed the major indices back into the green for week and kicked off a solid start to Q3. The Dow, Nasdaq and the S&P 500 were all up margina...
They do suck. I mean how many times can the bears possibly blow a sell-off that is handed to them on a silver platter. Consequently, sell-offs that appear to be substantial, like the one last Thursd...
Gold is suffering its worst drawdown this year, and hedge funds are betting more losses are in store… but judging by the precious metals’ performance the last two times hedgies piled in ...
The headlines say consumer credit rate of annual growth grew from last month. Our analysis disagrees – and we see a moderately lower growth rate. Analyst Opinion of the Consumer Credit Situation...
The latest inflation figures out of China weren’t much to talk about on the face of it, with CPI at 1.5% yoy in June and PPI at 5.5% – both unchanged from June and more or less in line wit...
PDL BioPharma (NASDAQ:PDLI) acquires and manages products, royalty agreements and debt facilities in the biotech space. It is in the process of changing its business into a specialty pharma holding co...
Back in April, we brought you something called “CitiWide Change Bank Is Back: Emerging Markets ETF Edition.” In that post, we lampooned (for the umpteenth time) the ridiculous notion that you can ...
While Price-to-Earnings is the first thing to cross one’s mind while using valuation metrics, Price-to-Sales has emerged as a convenient tool to determine the value of stocks that are incurring loss...
A new poll conducted on behalf of accountants MNP offers more sobering insight on the financial fragility of Canadian households. 27% of Canadians already ‘in over their head’ with mortgage paymen...
AUD/USD Daily Technical Outlook: AUD/USD reversed off trendline resistance extending off the 2016 highs last month with the decline testing the lower parallel of this ascending pitchfork format...