David Einhorn, manager of hedge fund Greenlight Capital, unveiled a splashy, bearish call on Caterpillar (CAT) at the Ira Sohn Investment Conference this week. So did Jim Chanos, founder of hedge fund Kynikos Associates. Data from S3 Partners, an analytics firm, show that it’s not just the two hedge-fund luminaries who are bearish: short-interest in Cat is way […]
It has been almost a year since our book Adventures in Muniland was released, during the week before Puerto Rico defaulted for the first time, on August 1, 2015 – see. Our book, a comprehensive guide to municipal bond investing in the post-crisis era, featured a full chapter on Puerto Rico. Show More Summary
Before committing to small business ownership, consider if you have the characteristics and resources needed for success.
A couple of individuals in the last 24 hours have offered some rebuttal to Apple (AAPL) CEO Tim Cook’s upbeat appearance Monday evening with Jim Cramer of CNBC on his “Mad Money” program. During that talk, Cook rebutted what Cramer pointed...Show More Summary
David Einhorn at hedge fund Greenlight Capital is the latest to tout gold as global central banks keep the pedal to the metal when comes to easy-money policy. Simone Foxman and Katherine Chiglinsky at Bloomberg jumped on the earnings call this morning for Greenlight Capital Re (GLRE), a Cayman Islands reinsurer whose investments are managed by […]
Apple (AAPL) stock is up 84 cents, or 0.9%, at $94.48, a bright spot in a sea of red today, after CEO Tim Cook last night chatted with CNBC’s Jim Cramer. During that interview, Cramer asked about M&A, and in particular whether the company...Show More Summary
How well does technical trading work for spot currency exchange rates? In their April 2016 paper entitled “Technical Trading: Is it Still Beating the Foreign Exchange Market?”, Po-Hsuan Hsu, Mark Taylor and Zigan Wang test the effectiveness of a broad set of quantitative technical trading rules as applied to exchange rates of 30 currencies with the U.S. dollar More
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On sidelines mainly in cash, with a little SQQQ (3X leveraged inverse ETF of QQQ). See daily chart of SQQQ below–it rises as QQQ falls. gmi-2: 1 gmi: 2 t2108: 59 No tags for this post.
Dave Landry has an expression, that the markets are like a Thermos, keeping hot things hot and cold things cold. But recently, the markets are neither hot nor cold. The most recent action has been gentle drift down and the McClellan Oscillator has crossed down through the zero line (negative). Show More Summary
Evening HeadlinesBloomberg: Chinese Business Feels the Sting of the Party. Entrepreneurs get help from the state—and more threats. China’s entrepreneurs shouldn’t simply make money. They must “love the motherland, love the people, love the Communist Party, and actively practice socialist core values,” President Xi Jinping told businessmen in March. Show More Summary
In this mini-podcast, the real-life heroine of JOY shares thoughts on women, success and being an entrepreneur.
Precious metals are going insane right now, thanks in large part to the weaker U.S. dollar. Year-to-date, palladium is up 7 percent, platinum 19 percent, gold 21 percent and silver 25 percent. A correction at this point would be healthy, but looking ahead, this rally appears to have legs. Many analysts are already making comparisons […]
After surprising the global financial markets in late January with an unprecedented shift (i.e. unprecedented for Japan) to a negative interest rate policy, the Bank of Japan (BOJ) surprised the market yet again late last week. This time, however, the BOJ spooked the markets on the downside, as it stood pat and did not expand […]
Commodities trading requires strong analysis of a number of factors. Traders need to take political, economic, and trade news into account before making decisions. But one person cannot keep up with everything happening at one time. We need smart strategies when it comes to trading commodities in your limited time. Show More Summary
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For investors, continued focus on dividends and assets that have large cash throw offs, selling at highs and buying the dips in a range bound market, appears to be the best strategy in the current anti-growth policy environment.
Here are four stocks to watch for playing technical momentum in this market, both to the upside and the downside. Cynosure (CYNO) has run nicely off its February low below $33 in a series of rallies and brief declines. The medical equipment company’s stock in the last week declined off its April 27 high at […]