Photo Source Investing in the safest banks has historically been very lucrative. They have high returns on equity and can dig economic moats around their businesses in the form of high switching costs...
Rick Ackerman kicks off today with his targets for gold, silver and the US dollar. The burden of proof is still on the bulls to finally push the gold price past the election night highs. As for the do...
Work Day (Ticker: WDAY) is on the move and is breaking out right now. WDAY spent the past month and a half consolidating and the past week really tightening up. When we see patterns tighten up, build ...
The latest house price data, the S&P CoreLogic Case-Shiller Home Price Indices, illustrate a critically important point: real estate is local. That seems an obvious statement, but many of us have...
<< Read Part 1: FAANGs In Finance: Joining The Customer Journey << Read Part 2: FAANGs In Finance: Amazon What’s the #1 source for fast, accurate information? Google. With a culture of...
The market expectations for weekly initial unemployment claims (from Bloomberg/Econoday) were 235 K to 243 K (consensus 240,000), and the Department of Labor reported 244,000 new claims. The more impo...
It has been a contrarian trade that has not yet worked out; by that I mean my short position on the Euro and preparation for a firming US dollar. Yesterday the market cheered the supposedly dovish Fed...
Yesterday, the Fed released its most recent monetary policy statement. How can it affect the gold market? In line with expectations, the Fed kept interest rates unchanged at between 1.00 and 1.25 p...
Durable goods orders rose a whopping 6.5% in June led by civilian aircraft orders. Econoday economists expected a 3.5% rise. Excluding transportation, however, durable goods orders only rose 0.2% vs...
So often investors take one move on the part of a central bank as a signal that the universe has changed fundamentally. This is the case with the knee-jerk reaction on the part of bond investors and c...