Our proprietary cycle indicator reached 100%, which is the highest level ever. It cannot go higher, but prices can remain firm at current levels. Speculation according to COT data is now back at bull market values. Summary A bull market in gold and silver is now confirmed, but for risk management, we shall wait…
A few prior posts have provided detail and potential consequences facing dividend focused equities given their extended valuations. Of course, in a low (and going lower?) interest rate world it seems the simple approach an investor can pursue is just buying a stock that has a higher yield than the 10-year U.S. Treasury. S&P Dow Jones…
Fundamental Forecast for JPY: Bullish EUR/JPY Technical Analysis: Down-Trend Back with Vengeance USD/JPY Technical Analysis: The Proverbial Falling Knife Avoid the pitfalls of trading by steering clear of classic mistakes. Review these principles in the “Traits of Successful Traders” series. For more updates, sign up for David’s e-mail distribution list. Key developments coming out of the U.S….
Insider buying decreased last week with insiders buying $44.58 million of stock compared to $53.24 million in the week prior. Selling also declined sharply with insiders selling $422.31 million of stock last week compared to $984.67 million in the week prior. Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by…
Quarterly Forecasts(percent) Q216 Q316 Q416 Q117 Q217 Q317 2015 2016 2017 GDP: Annual 2.6 2.8 2.4 1.4 2.6 2.5 2.4 2.0 2.3 GDP: Q4/Q4 2.0 2.2 2.2 CPI: Year/Year 1.2 1.6 2.1 2.4 2.4 2.3 0.1 1.5 2.3 Core CPI:…
LAWRENCEBURG, Ind., July 08, 2016 (GLOBE NEWSWIRE) — DSA Financial Corporation (OTCBB:DSFNDSFN) — John P. Young, President and Chief Executive Officer of DSA Financial, announced today that the Company’s board of directors has declared a dividend on its common stock of $0.11 per share. The dividend is payable on August 9, 2016 to stockholders of record…
Our good friend Michael Pollaro just sent a chart from the St. Louis Fed that shows the US drifting back into yet another banking crisis The green line tracks fluctuations in the US yield curve, defined as the difference in yield between 10-year and 2-year Treasuries. When the yield curve is steeply positive, banks are…
Never cut a tree down in the wintertime. Never make a negative decision in the low time. Never make your most important decisions when you are in your worst moods. Wait. Be patient. The storm will pass. The spring will come. Robert H. Schuller As people meander down the path of their journey in life,…
The latest consumer credit report confirmed what we have now known for years: revolving credit remains stagnant at best, with just $2.3 billion in credit card debt added in May, a modest rebound from last month’s $1.4 billion but certainly nowhere near pre-crisis monthly increase levels. Why not? Because US consumers once again found a…
Alcoa (AA) may no longer be as relevant to the U.S. economy and the stock market, but the company’s name gets plenty of sunshine from the widely-held belief that its earnings report kick-starts each quarterly reporting cycle. Many in the market even see the company’s earnings report as a leading indicator of what to expect from…
