To be honest, at this point its anyone’s ball game for the future of the stock markets. Though, while shamelessly pressing the charts to see what I could squeeze out of them, I may have stumbled on what could be the market’s new trend. Read more…
I have long believed that the LIBOR rate, at least in this credit driven economy, is one of the most important economic indicators. The 12-month LIBOR rate has consistently dropped and is now in range of where all previous economic recoveries began. Read more…
The shift from safety to risky is already happening. Investors, no longer excited by paltry yields on treasury bonds, are finding that stocks are the only way to really grow their wealth. This is good news for the market, and should be good new for you, pending your re-entry to the global stock markets. Read more…
Whether you’re looking to smooth out dips in the market, or have just a few short years to retire, a sound investment strategy may include what is known as a “collar.” This simple strategy has been deployed by hedge funds, pensions, and other institutions with great success. In fact, a recent study found it to be more successful than buy-and-hold investing over the past 10 years.
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Sorry, Dell, but you’re too late to this party. I was once a big believer in Dell, and its business model, but it seems this company may be just too far behind the times. Read more…
In what seems like a power grab between Amazon and the retailers it currently services, Amazon’s new low cost brand could be a big winner. AmazonBasics is set to launch soon, offering audio and video cables, computer networking cables and blank DVDs at a price unmatched by any of its current sellers. Read more…
Commodities have long been a difficult underlying index to track, but the proof is in the pudding. The spot price for oil has surged in value by more than 54% this year, so why are two exchange-traded funds lagging so far behind? Read more…
The Obama administration acted quickly and quietly Friday night to impose new tariffs on Chinese produced automobile tires. The new tariff of 35% is a huge change from the relatively low 4% tariff imposed before Friday. What does this mean for US tire makers and their shares? And what about the global economy? Read more…
Corporate insiders have been selling off loads of stock in their own companies among others. Insider selling has hit a pace last unseen since Summer 2007, right before stocks began their freefall. Read more…
In what might be the best taxpayer investment in history a congressional commission will seek to find answers regarding the 2008 financial collapse. The 10 person commission will examine the financial crisis to see what we as a country might be able to learn. I’m hoping it turns out to be a valuable lesson. Read more…
Hot dogs, hamburgers, and apple pie. Oh its great to be a working American on Labor Day. Unless of course, you’re under 19 with a 25.7% chance of being unemployed. Read more…
As we all know, precious metals have been on a roll. With gold and silver moving like nobodies business, I’m going to take a few moments to discuss reasons why they’re moving so quickly. Read more…
China’s sovereign wealth fund has been quiet. Too quiet. The fund that made up some of the biggest acquisitions in 2008 is back from the dead, this time, in another major international purchase.
The sovereign wealth fund of China has entered a deal to purchase $1.7 Billion of Canadian oil sands. The deal follows several large commodity deals completed in 2008 in which China, through its sovereign wealth fund, purchased natural resources all around the globe. This purchase, however, is more long term, with China opting to buy resources for the future rather than for today.
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