TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. A little-known, visionary biotech company is gearing up to release a potentially ground-breaking medical device that could help prevent strokes. It could help save six million lives a year—or a life every 4 minutes. The unique new technology is the Carotid Stenotic Scan (CSS), by CVR Medical, and its futuristic system is designed to sense the leading indicator of strokes in only 2 minutes, and at a cost that will make it affordable and accessible to everyone. CVR Medical (TSX:CVM.V ; OTC:CRRVF)...
The year-over-year growth in commercial and industrial lending peaked several years ago and is now decelerating at a steady pace. That could be a warning sign for the economy, but it could just as easily turn out to be noise. Although bank credit is a critical factor economic modeling generally, as a practical matter this data tends to be unreliable for estimating recession risk in real time. True, the growth rate of bank lending tends to slow and sometimes reverse during periods of economic contraction. But the tell-tale signs for this data have a habit of arriving well after the fact. That’s a problem if the goal is developing reliable a...
WTI Crude Oil The WTI Crude Oil market fell slightly during the day on Monday but turned around to form a bit of a hammer. That is a bullish sign and if we can break above the top of the candle, it’s likely that we will bounce from here. However, I believe that the $50 level above should be massively resistive, as it has a large, round, psychologically significant aspect to it. On the other hand, if we can break down below the hammer, I believe that the market should drop to the $46 level or so. The oversupply has been an issue for some time, and it seems now that the market is willing to follow long. However, we are a bit oversold so a bou...
Crude oil prices are taking a respite from last week’s blistering selloff. The lull may be short-lived however as a fresh batch of supply indicators cross the wires. The OPEC monthly report will show production estimates for February and help gauge if its coordinated supply cuts still some bite. API weekly inventory flow figures will help show if swing supply continues to swell, undermining OPEC’s efforts. Gold prices are digesting losses after falling to the lowest level in six weeks against the backdrop of firming Fed interest rate hike speculation. A recovering US Dollar is making for a degree of selling pressure but progress m...
There are two important sub-metrics for investors to understand on a balance sheet: net tangible assets and goodwill. Both of these figures make up part of a company’s total assets. The question here is twofold. Does it matter much if a high number of assets on a balance sheet come from net tangible assets vs. goodwill? And is one preferable over another? As is usually the case in debates like these, I form my approach by thinking through the logic rather than relying on what an author said about it. Let’s first define these terms. At its most basic definition, an asset is something of value that (usually) produces an income stream. Thes...
UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50. It is not clear what UK she will lead outthe EU. Scotland is beginning the legal proceedings to hold another referendum on independence. There is some talk that Northern Ireland, which voted to remain, might be allowed to rejoin the Republic of Ireland. It is also not clear precisely when May will formally invoke Article 50. Some expect Parliament to be told tomorrow during the Prime Minister question time in the House of Commons. Others suspect May might wait until later this month for the EU Summit to celebrate its 60t...
Large-cap growth mutual funds provide excellent opportunities to investors who choose long-term capital appreciation over dividend payouts and are also interested in steady returns. Funds having significant exposure to growth securities are believed to provide higher returns. This is because growth stocks are high quality stocks with the potential for revenue and earnings growth at a rate faster than the industry average. Though growth funds may experience more fluctuations than the other fund classes, these are suitable for investors with a higher risk tolerance and the willingness to park funds for the longer term. Separately, large-cap mut...
Half way through March and my first buys have finally been made. It’s been a wild ride on the way up post election and the momentum doesn’t seem to have slowed down one bit. Sure, the ‘pause’ button may have been hit with the Fed planning of raising interest rates but looking out longer term it seems that the ‘Trump Bump’ remains intact. We already have seen which sectors are benefiting from the recent run up in the market and which are being left behind. Clearly, any time the Fed hints at raising interest rates we already can expect a sell off in the REIT sector and this time it’s no different. In my March 2017 Stock Considera...
It looks like that the USD/JPY found some support around the 50.0 Fibonacci ratio. The current bullish reversal higher may be the start of a new impulse. Ideally we are now looking at wave one being made, which is displaying qualities of a leading diagonal that may be in final stages. After the wave one completes itself, a minimum three wave correction is expected to follow in the following wave ii). A break above the 115.50 level would signal higher levels to follow. USD/JPY, 1H...
Wall Street analysts received a welcome surprise on Friday 10th March when unemployment numbers were reported. A figure of 4.8% unemployment was forecast, but an actual figure of 4.7% came in. The unemployment rate ranks among the best since December 2016 and adds plenty of momentum to calls for multiple rate hikes in 2017. The total number of unemployed persons remained roughly unchanged at 7.5 million, but the LFPR inched 0.1% higher to 63%. The total number of new jobs created in February was 235,000, making it even more likely that the Federal Funds Rate (FFR) would rise yet again. Strong Gains Reported in US Economy The strongest jobs g...