Latest Posts

  • Finance 0

    Bigger Than All The World’s QE’s Combined

    So thoroughly destroyed is Japan’s economy that some of the numbers it produces are beyond comprehension, just staggering in any meaningful context. For example, Japan’s real GDP (SAAR) for Q1 2016 was ¥530 trillion (chained 2005). That compared to ¥447 trillion in Q1 1994. Over two decades and two additional years the Japanese economy has grown by a grand total of 18.5%. On straight arithmetic alone it doesn’t work out to 1% per year let alone on a compounded basis. Since the first quarter of 2001, meaning fifteen years, real GDP “advanced” 10.4% total. Clearly the Japanese economy as bad as it was has slowed from even that revol...
    On May 23, 2016 / By
  • Finance 0

    Dow Jones Industrial Average Today Flat As AAPL Stock Rallies

    The Dow Jones Industrial Average lost eight points on Monday as investors weighed statements on the timing of the next interest rate hike by the U.S.Federal Reserve. A potential mega merger renewed optimism for deals as companies continue to hunt for market share. Here’s what else you need to know about the markets on May 23, 2016. First up, check out the results for the Dow Jones Industrial Average, S&P 500, and Nasdaq: Dow Jones: 17,492.93; -8.01; -0.05%                                  S&P 500: 2,048.04; -4.28; -0.21%    Nasdaq: 4,765.78; -3.78; -0.08% Now, here’s the top sto...
    On May 23, 2016 / By
  • Finance 0

    E Oracle Vs. Google Case Goes To Jury

    As Wired reported today, The legal battle between Oracle and Google is about to come to an end. And nothing less is as stake than the future of programming. The presentation of evidence in trial itself ended this past Friday, with jurors returning today for final arguments and jury instruction. Here’s a good summary of how we got here and what happens next, ending with: The Oracle vs Google courtroom drama started in way back in 2010, a year after Oracle acquired Sun Microsystems and along with it the rights to Java patents. It began initially as a copyright infringement case and Oracle sued Google over its use of 37 Java APIs in its An...
    On May 23, 2016 / By
  • Finance 0

    Is It Time To Buy Intuit?

    Photo Credit: James Broad Intuit Inc. (INTU) Information Technology – Software | Reports May 24, After Market Closes Key Takeaways The Estimize consensus is calling for earnings per share of $3.20 on $2.25 billion in revenue, 1 cent higher than Wall Street on the bottom line and $5 million on the top Quickbooks, the company’s largest segment, continually reports double digit gains in online and desktop services Intuit continues to leverage its software to develop new financial services products for small business What are you expecting for INTU? Get your estimate in here! Software company, Intuit, is prepared to announce fiscal th...
    On May 23, 2016 / By
  • Finance 0

    Reddit Thread Encourages Risky Millennial Traders To Make Insane Bets

    In another is this the top, and what could possibly go wrong? … Reddit hosts thousands of threads on many different topics, but finance is one area that is particularly interesting, and while some finance threads encourage responsible investing there is one that does just the opposite …. WallStreetBets. While the sensible “Investing” thread has 183,000 members, its less popular cousin “WallStreetBets” has 38,000. However among that number are young Reddit members willing to risk it all on outlandish positions in a bid to get rich quick like Martin Shkreli, writes Sally French for MarketWatch. Reddit thread encourages risky beh...
    On May 23, 2016 / By
  • Finance 0

    Linn Energy And Linnco Receive Nasdaq Delisting Notification

    HOUSTON, May 23, 2016 (GLOBE NEWSWIRE) — LINN Energy, LLC (NASDAQ:LINE) (“LINN”) and LinnCo, LLC (NASDAQ:LNCO) (“LinnCo” and together with LINN the “Companies”) today announced that NASDAQ determined that LINN and LinnCo securities will be delisted from The NASDAQ Stock Market. Trading of LINN and LinnCo securities will be suspended prior to the open of the market on Tuesday, May 24, 2016, and NASDAQ will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the Companies’ securities from listing and registration on The NASDAQ Stock Market. LINN and LinnCo securities are expected to begin tradin...
    On May 23, 2016 / By
  • Finance 0

    E Austrian Honor Saved By Non-Residents

    Thanks to its postal voters, Austria has narrowly avoided the ignominy of electing the first neo-Fascist chief of state in post-War Europe. Of course the postal voters, many of whom live outside the country, are less anti-foreigner than those inside Oesterreich proper. Adrian Ash of bullionvault notes that the UK clients’ for gold buying YTD is up 80% from 2015 levels at the same time of year, which he attributes to fear of British voters opting to leave the European Union in their vote a month from now. In contrast, US gold buying client numbers is up on 45% from last year and that of Eurozone up 35%. British customers also are buyin...
    On May 23, 2016 / By
  • Finance 0

    Semiconductors Sucked Back By Broader Market

    Today was really a non-event. Friday’s gains were great, but it was going to be hard to see more of the same today. This lack of action hit high flying Semiconductors after a positive gap open had made it look like another good day was in store. Other indices did very little. Semiconductors finished with a bearish ‘inverse hammer’; some may look to the mid-line of stochastics [39,1] as a confirmation of this, but I suspect the index has done enough to return net bullish, which technicals – as of today – have confirmed. Time to buy pullbacks. The S&P didn’t do enough to negate the breakdown, but the sell...
    On May 23, 2016 / By
  • Finance 0

    With Potential Vaccines For Cancer, Ebola And Zika, Inovio Could Have An Explosive 2016

    Recent news from Inovio Pharmaceuticals Inc. (INO), a small-cap biotech developing immunotherapeutic vaccines that target cancer and infectious diseases like news-making viruses Ebola and Zika, has prompted Piper Jaffray analyst Charles Duncan to reiterate his thesis for investment in the company. In a note published May 9, Duncan noted the company, which is planning a pivotal trial for its cervical dysplasia vaccine, VGX-3100, has enough cash in the coffers to fund its “broadening pipeline” through the end of 2017. Duncan’s assessment follows Inovio’s release of Q1/16 earnings, in which the company reported “$8....
    On May 23, 2016 / By
  • Finance 0

    Gold Daily And Silver Weekly Charts – Option Expiry On The Comex – History Lesson

    “The problem of the last three decades is not the ‘vicissitudes of the marketplace,’ but rather deliberate actions by the government to redistribute income from the rest of us to the one percent. This pattern of government action shows up in all areas of government policy.” Dean Baker “Most of them became wealthy by being well connected and crooked.And they are creating a society in which they can commit hugely damaging economic crimes with impunity, and in which only children of the wealthy have the opportunity to become successful. That’s what I have a problem with. And I think most people agree with me.̶...
    On May 23, 2016 / By