In the blog post “Some gold bulls need a dose of realism“, I noted that relative to the Goldman Sachs Spot Commodity Index (GNX) the gold price was at an all-time high and about 30% above its 2011...
Crude oil prices have dropped from about $106 in June of 2014 to briefly under $30 in January of 2016 – down about 74% peak to trough.This appears to be an on-going disaster for oil companies, the b...
This is a short update on the European markets. The two key indexes in Europe are the German DAX (the largest German companies) and the Euro Stoxx 50 (the largest European companies). Both indexes hav...
ConocoPhillips (COP) announced Q4 and full year 2015 financial results on the morning of February 4, 2016. The news included a capitulation to the on-going deterioration of business conditions in th...
Alibaba (NYSE:BABA) will work with NVIDIA (NASDAQ:NVDA) on cloud computing and Artificial Intelligence (AI), Bloomberg Business reports. Alibaba Cloud Computing (AliCloud), a subsidiary of Alibab...
S&P 500 The S&P 500 went back and forth during the course of the day on Thursday, bouncing off the 1900 level, and then testing the 1930 level. The fact that we had a lot of volatility isn’t...
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...