By George Leong, B.Comm. The more I view this stock market, the more nervous I get. While Wall Street gets set for some terrific year-end bonuses and investors take some amazing gains off the table, I’m sensing some euphoric buying in numerous areas of the stock market. We saw what happened to hydrogen-cell car maker…
By Zak Mir. Yesterday, as the dear founder of SpreadBet Magazine was in London I took the opportunity to impress upon him my view of the current state of the precious metals markets. As regular readers will be aware, most of my colleagues are bullish on the prospects for gold and silver, but I am…
It is hard to believe that the end of the year is fast approaching. This weekend’s list of things to ponder covers a range of issues that caught my attention as I prepare to write my annual outlook for 2014. Will the economy continue to grow, are stocks under owned, what about Fed, rising credit…
By Filipe R. Costa When Alan Greenspan was asked about the apparently unstoppable rise in equities in the 1990s he couldn’t find a traditional metric to define it. He resorted to his now famous comment about “irrational exuberance”. At the time, investors were irrationally buying anything at any price, just following the crowd. At the…
By George Leong Sound the bull horns, folks! Stocks are sizzling on the chart, and Wall Street is partying like there’s no tomorrow. Kind of sounds like late 1999/early 2000, doesn’t it? And we all know what happened when the party ended then, with the NASDAQ having surged to a ridiculous 5,132 and subsequently crashing.…
The financial sector has been the great con of both the Industrial and the Information Ages. The free movement of capital has allowed humanity to strive forward in its pursuit of ever greater technological, scientific, engineering and societal feats. Unfortunately, for well over 100 years, those in charge of the flow of money have found…
By Filipe R. Costa Demand for the digital currency Bitcoin spreading like the Spanish Influenza outbreak of 1917. Originally conceived as a theoretical experiment among computer geeks a few short years ago, it has quickly morphed into a globally accepted method of exchange. Bitcoin’s early forays into becoming a means of physical trade began with…
By Sasha Cekerevac Last week’s testimony by Janet Yellen, President Obama’s choice for the next head of the Federal Reserve, was quite interesting. What I also found fascinating was the reaction in various markets. Yellen was testifying in front of the Senate Banking Committee, and when asked about the possible formation of bubbles as a…
By Zak Mir. Although many more established market commentators can turn their noses up at penny stocks, I often find that the technical analysis I offer which generates the most traffic is usually about the tiddlers. It seems to me that your average trader isn’t so bothered about the direction gold or Sterling are heading…
By Mohammad Zulfiqar, BA The Federal Reserve has been very accommodative. Its goals are very simple: it wants economic growth in the U.S. economy. As a result, the Federal Reserve is taking extraordinary measures, printing $85.0 billion a month and using it to buy U.S. bonds and mortgage-backed securities (MBS). The hope is that the…
