On Monday, Donald Trump presented his new economic plan at the Detroit Economic Club. While light on detail, there were a few things investors could take away from the speech. (And so we don’t get distracted with politics, let me state that I am neither for Trump nor Clinton. My
Before making any investment decisions, investors are better off understanding some of the moves by professionals that are happening now at quarter-end and before Independence Day. The chart Let us start by looking at a tick chart of S&P 500 futures, gold futures and silver futures. Since most investors use
This post was just published on ZYX Buy Change Alert. Alibaba is the largest Chinese ecommerce firm. It is in the process of conducting an IPO on the New York Stock Exchange. Those subscribers who have good enough relationships with their brokers may consider putting in an order for 200% of
On Oct. 16, 2013, I made an unhedged call to consider backing up the truck and buying Twitter shares upon its IPO — for a trade, though, not as an investment. After the stock begins trading in the open market, only skilled traders should consider entering a position. Now, I would
This post was published on ZYX Buy Change Alert. Yesterday evening, Twitter announced that it will list its stock on the New York Stock Exchange (NYSE). This is a coup for NYSE as Twitter is the highest profile IPO of 2013. The road show is likely to begin on October 25th and
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) INFLATION UNDER CONTROL, GOLD FALLS August 13, 2013 August Core PPI came at 0.0% vs. 0.1% consensus. This indicates inflation is less than expectations.
As if Apple needed more trouble, here comes a double whammy. First, Apple CEO Tim Cook had to apologize to the Chinese consumers. Second, Apple got a downgrade from a big Wall Street supporter. A popular new segment on China Central Television highlighted how Apple discriminated against Chinese consumers with its warranties and
Yesterday after the market close, the Federal Reserve announced the results of Comprehensive Capital Analysis and Review (CCAR). In CCAR, the Fed evaluates capital ratios under distressed financial and economic conditions, the plan to comply with Basel 3 capital requirements, and the capital planning process. The Fed approved capital plans
The momentum crowd has been running up gold and silver based on superficial beliefs about QE3. This group of investors is not known for deep study or paying heed to rigorous analysis. Now a major player in the metals business is sending a signal loud and clear that gold and silver
On Thursday, Moody’s downgraded 15 banks. On the surface it seems counterintuitive, but the downgrade is positive for JP Morgan (JPM), Morgan Stanley (MS) and Bank of America (BAC) . My 30 years in markets have taught me that it is always positive when an overhang is lifted. Back in