David Erfle, Editor of The Junior Miner Junky joins me to share some initial comments on the GDX. With GDX again bouncing from the bottom of its range and volume remaining low we are all wondering which direction a break will go. We also look into some other aspects for metals stocks that we think are important to note. Stocks that are bifurcating from the sector and insider who are buying shares on the open market need to be watched. We outline a number of these stocks in our discussion. (Audio length 00:12:57)...
In this article, we’ll discuss the unusual timing of the fiscal stimulus and how it could affect markets. Keep in mind, this isn’t a partisan article. Our purpose is to review objectively both the good and the bad. Most administrations want to cut taxes and increase spending to boost the economy. Usually the election cycles are coordinated with the business cycle since the business cycle is manipulated by fiscal and monetary policy. While regulation and tax cuts help the economy, they were combined with extra spending, thus deteriorating the US balance sheet, which carries with it long-term consequences that may not be evident today. Som...
The semiconductor space remained largely unaffected by the broad market sell-off seen in early February. This is because the semiconductor industry is clearly leading the broad technology space this year on encouraging fundamentals, solid corporate earnings, strong outlook and investors’ continued appreciation of value-centric traditional stocks. The rally has strengthened courtesy of a series of consolidation, which pushed several chip stocks and ETFs to new highs. Below we discuss some strong reasons for investing in semiconductor ETFs. Hot Trends Semiconductorsare the most important driver of overall technology growth as these are used i...
USD/CAD shot higher on the dovish words of BOC Governor Stephen Poloz. But can it go even higher? Here is the view from BTMU: Here is their view, courtesy of eFXnews: BTMU Research discusses USD/CAD outlook, and notes that that its valuation model based on the higher price of oil alone suggests that USD/CAD should currently be trading closer to the 1.2000-level rather than the 1.3000-level. “At the current juncture, we still expect NAFTA talks to make further progress this year although acknowledge that the risk of an unfavourable outcome has increased. In these circumstances, we still believe that USD/CAD will struggle to sustain levels...
An update on markets. Video Length: 00:11:08 Here are the articles used in today’s video: Tame Inflation, White House Drama Support Gold Prices Expert Says: “Look who’s going bankrupt next in America” This political event will be unlike anything we’ve seen in our country in nearly 50 years....
The Federal Reserve Bank, the bank that is supposed to be watching out for the United States but that really only wants to watch out for big finance has created a clever plan. The simplicity of the plan is genius. But the plan guarantees the new normal and only has one major weakness. That weakness is discussed at the end of this article. Fake reflation, as revealed by Jeffrey P. Snider, is just a small part of the plan. It is much more ambitious. The plan even enlists the help of big corporations, dirty tricksters, as Ted Bauman calls them, not just big banks. Let’s look at how it all works: The Fed keeps interest rates low or rising ...
While cryptocurrencies have recently been at the forefront of the industry, US equity markets are also reaching record highs as commodities are taking their place, with crude oil showing solid growth. A positive factor has taken over the markets recently; for the first time since 2014 Brent oil hit $71 per barrel – marking a first, after a 3 year stretch.?Moreover, WTI crude futures increased to $66.35 per barrel, also marking its highest point since December 2016 – with both crude benchmarks having soared by almost 60% since the middle of 2017. According to the Energy Information Administration (EIA), US crude inventories dropped 1.1 mil...
Listen, there is absolutely no downside whatsoever to the epochal active-to-passive shift, ok? Everyone knows that the best way to encourage price discovery and to generally ensure that markets are performing their traditional function as a conduit for the efficient allocation of capital is to open up every corner of every market to unsophisticated retail investors by way of securities with intraday liquidity. It’s even better if you make those same securities tradable by those same retail investors 24-7. The benefits of this setup are obvious. On the equities side of the equation, you funnel massive amounts of money blindly into cap-weig...
Tillys (TLYS) is a leading specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls with an extensive assortment of iconic global, emerging, and proprietary brands rooted in an active and social lifestyle. We have seen a lot of volatility on this name is recent weeks. Currently it has slowed its growth, and now operates 220 total stores, including one RSQ pop-up store, across 32 states. There is room for more growth, but the company has done a strong job at managing the retail storm that has ensued in recent years. In this column, we discuss the most recent quarter and our outlook for the stock...
You Can Sleep Well At Night Being Invested In This Dividend Aristocrat. In order to consider a Dividend Aristocrat for investment, one is likely required to pay a premium valuation. Through the dGARP (Dividend Growth at a Reasonable Price) method, if you can make an investment in a dividend growth stock while currently priced below market value you will minimize downside risk from dividend cuts or flat out stagnant earnings growth. At Millionaire Mob, we seek to find investments that possess both dividend income through dividend growth and the opportunity for capital appreciation via earnings growth, and ultimately, the stock price. When yo...