By all accounts, the Fed is ready to act and raise rates by at least 25 basis points, as we noted in late November 2015. Unfortunately, as we also noted, it was far too early for them to do so… The headline unemployment of just 5% masked a labor market much weaker than reports suggested…
DetailsThe rise of the robots is getting more attention every day. Over the last year saw the first self-driving cars hit the road (and a few other cars too), Amazon’s deployment of 10,000 robot workers in its warehouses, and much more. It looks like the robot revolution is coming and we’re only seeing the earliest…
DetailsSince 2014, oil plunged 75% to a multi-year low of $26.05. Drillers filed for bankruptcy. The unemployment rate in North Dakota’s oil patch soared. Oil rigs vanished. Major oil producers cut jobs. The global community suffered under the weight of plunging oil prices. OPEC and non-OPEC countries – still at each other’s throats – blamed…
DetailsTo be honest, my expectations were pretty low. The device was only $6.99 on Amazon. That’s no mistake. The decimal is in the right place. Seven bucks. That’s all. Yet it’s setting up to be a primary catalyst for the next major technological revolution. We’re talking something big here too. One tech research firm expects…
DetailsOil rallied 39% off February lows of $26.05 in recent weeks, lifting stocks like Exxon Mobil (XOM) and Chevron (CVX), but much of the rally is based on hope… While I’d like to see a full-blown recovery in oil, the heavy supply issue is a bearish factor. And we have to understand that a Russia-Saudi…
DetailsThe S&P 500 is made up of the largest publicly traded companies on U.S. exchanges. These behemoths don’t change much. The likes of GE, IBM, and others have been and will be there for decades. However, below the mega-cap stocks which dominate the market, there’s a groundswell of change coming at an ever-increasing pace. Consider…
DetailsIt was a classic rematch… A David v Goliath story, if you will. On one side of the ring, highly respected, well-paid money managers were betting millions of dollars on the idea that Groupon (GRPN) would continue to sink [By January 2016, more than 80 million shares had been sold short at $2.72 a share].…
DetailsU.S. officials are warning about the spread of the Zika virus days after the State of Florida’s Governor declared a state of emergency where nine people had been diagnosed. The World Health Organization (WHO) called it nothing short of a global health emergency, “spreading explosively” through the Americas… with a potential to impact another three…
DetailsIt’s not often you get second chances. It’s even rarer in the stock market. The current rally, however, is providing you with one. I’d go so far to say it’s an exceptional opportunity to truly supercharge your returns this year. However, I must warn you, it may be gone in a few days. All Good…
DetailsOne of the single best stocks of the last five years went unnoticed for months… But it would go on to produce gains of more than 4,800%. In 2009, that very company – ACADIA Pharmaceuticals (ACAD) — wasn’t considered anything special at all… Except for the fact it truly was… What many didn’t realize at…
DetailsThere’s an old Wall Street joke. What do you call a stock that’s down 95%? A stock that falls 50% after already dropping 90%. Granted, we’re using the term “joke” loosely here. But there’s an important point behind this. A stock down 80%, 90%, or even 99% doesn’t necessarily make a great buy. In fact,…
DetailsDoes this sound crazy to you? I realize it may. I’m used to it though. Stocks are rocketing back. A couple tiny and flawed bits of economic data were revealed a few days ago. Investors cheered. Stocks soared. And everyone’s happy again. It should be good right? Well, I’m afraid it may not be that…
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