I’ve been slowly building a long position in TransEnterix (TRXC) since Summer 2013 when it was SafeStitch Medical (SFES) trading at $0.50 in OTC penny land. I stumbled upon SFES after researchin...
Gold prices ended Thursday’s session up nearly 1.2%, marking the fifth consecutive rise, as equity markets turned lower to surrender earlier gains and the dollar extended losses versus a basket ...
The Gold Market has had a nice run in 2016 so far, and may have considerable more upside to go before encountering serious resistance. This year has been the year of Fear in financial markets so far ...
Major discrepancies between rate hike odds have surfaced between Bloomberg and CME. Additional discrepancies within Bloomberg itself are also noticeable. Let’s start with comparison of Bloomberg rat...
The U.S. dollar wavered Thursday in anticipation of the closely watched U.S. non-farm payroll report due out later in the day which could hint at the Federal Reserve’s monetary policy outlook. T...
The Golden Week refers to the 7-day national holiday celebrated in mainland China and some of its territories. This was officially implemented by the Chinese government in 2000 as a way to boost lo...
He’s often controversial… and usually pretty brash. But Pershing Square’s Bill Ackman is also usually quite insightful. He’s been at this game a long time, and he’s had his share of big wi...
Not Getting Better In late July last year, not long before the stock market delivered a major “warning shot” with its sharp decline in August, we wrote about the transportation sector in Transpor...
Daily Forex Market Preview, 05/02/2016 The markets were unrelenting yesterday as EUR/USD posted new monthly highs including Gold while USD/JPY continued to fall back to below the 117 handle. The Janua...
On Friday, we get the all-important jobs number out of the United States, and that of course will have the market focusing on the United States, however, don’t forget that this tends to move the mar...