Peak Gold and Silver On “Small Finite Planet” With Near Infinite Currency Peak gold and silver and the case for peak precious metals on “our small, finite planet” was the topic for discussion on the latest episode of the the Keiser Report. (Max Keiser interview of Mark O’Byrne of GoldCore in 2nd half of show at…
The first round of the French presidential elections is behind us. Now, the main developments in Europe which may affect the gold market – except the turmoil in the still fragile banking sector – are a run-off in France and Brexit. Let’s analyze them and their potential impact on the gold prices. As everyone already knows,…
Written by StockNews.com CIGNA Corporation (NYSE: CI) early Friday posted market-beating first quarter earnings and lifted its full-year outlook, as it continues to attract customers to its healthcare plans. The Bloomfield, CT-based health insurer reported Q1: earnings per share (EPS) of $2.77, which was $0.31 better than the Wall Street consensus estimate of $2.46 [and that]…
Disappointing Canadian jobs report for a change: only 3.2K jobs gained after 19.4K beforehand. The unemployment rate is down from 6.7% to 6.5% but the good news is fueled by a drop in the participation rate from 65.9% to 65.6%, so basically this drop is not such great news. USD/CAD is mixed and trading around the…
For US equity traders and investors these are worrying times, as the NQ e-mini continues to blast its way ever higher, and leaving its sister indices becalmed and lacking direction, with the ES e-mini a classic example. Whilst the NQ has continued to rise strongly, breaking out into new high ground, and leaving the extended…
Week 17 of 2017 shows same week total rail traffic (from same week one year ago) improved according to the Association of American Railroads (AAR) traffic data. The economically intuitive sectors again declined. Analyst Opinion of the Rail Data We review this data set to understand the economy. If coal and grain are removed from the analysis, rail over…
We frequently discuss allocations that focus on large caps, small caps and all sorts of different factor exposures. Considering the persistence of their outperformance, we don’t tend to hear enough about mid-caps. Size Spectrum Analysis for Standard & Poor’s Size Cuts To define that persistence of outperformance, we looked at rolling periods of average annual returns. Was…
Share markets in India ended the day on a weak note amid a drop in crude prices. At the closing bell, the BSE Sensex closed lower by 267 points. While, the NSE Nifty finished lower by 75 points. The S&P BSE Midcap finished down by 1.1% while the S&P BSE Small Cap Index ended down by 0.8%. Among BSE sectoral indices, metal stocks fell the most…
OVERNIGHT MARKETS AND NEWS June E-mini S&Ps (ESM17 +0.05%) are little changed this morning ahead of the U.S. April payroll report and Sunday’s French presidential election. The Euro Stoxx 50 index is down -0.25% as European stocks have turned a little more cautious after Thursday’s exuberance with the +1.16% rally to a new 1-3/4 year high. Asian stocks…
Oh, boy. Well, it got worse for the beleaguered metals complex overnight. After a harrowing Thursday collapse, iron ore fell again in China, as futures in Dalian dove nearly 5% and the SGX AsiaClear contract (Singapore) headed for a 12% loss on the week, the largest since November. Nickel racked up more losses, falling a third day as concerns…
