Despite its many criticisms, the Affordable Care Act has arguably been the closest thing to universal healthcare that Americans have ever seen. According to data from the Centers for Disease Control and Prevention, the uninsured rate in the U.S. fell from 16% in the quarter immediately preceding the implementation of the ACA, which is more affably known as Obamacare,....More>>>
Our colleague Ben Morris has been keeping a close eye on gold. Back in April, he noted that gold was close to breaking out of a multiyear chart pattern that could send prices much higher. But it wasn't yet official, so Ben recommended being patient and waiting for confirmation before getting too bullish on gold and precious metals. That was good advice – gold reversed....More>>>
Bull markets don't die of old age. Yes, we are in the late innings of the second-longest bull market in history. And yes, it will eventually come to an end. But that doesn't mean we will wake up tomorrow to a massive crash on our hands. I believe the opposite is true… that we're in the middle of a massive "Melt Up" in U.S. stocks. It's the final push....More>>>
Boenning & Scattergood’sFloris van Dijkum andAndrew Crespo worry that Seritage Growth Properties (SRG), the Sears (SHLD) real-estate spinoff, will not only have to raise more cash but seriously overvalued to boot:
We reiterate our Underperform rating on SRG following third quarter results that came in marginally above our estimates. The likelihood that....More>>>
On Wednesday, both large cap biotechs (NASDAQ:IBB) and their small cap brethren (NYSEARCA:XBI) reversed down about 4% during a press conference given by President-elect Trump, in which he threatened the pharmaceutical industry with tough bargaining from the Federal government. One suspects he was referring to Medicare Part D, where each insurance....More>>>
Welcome. In this article I will give the dollar and cents reasons for how come ERIC looks like a relative bargain in today’s marketplace.
In the trailing ten years ERIC has earned their market cap in free cash flow. This is a signal the company may be undervalued. If ERIC can repeat the performance and earn over $19B in the coming....More>>>
On Wednesday evening, some interesting news regarding Tesla (NASDAQ:TSLA) was reported by electrek, notably that the company is shutting down its factory for a week this month. Primarily, this pause in production is to help with upgrades for the upcoming Model 3 launch, but some general maintenance will also be done. Based on this news and associated comments, this continues to be a knock against....More>>>
Higher yields, weaker gold and utility stocks have hurt “flight to safety” investments.
The rise in the 30-year bond yield held its 200-week simple moving average at 3.05% over the past two weeks. And the gold bullion exchange-traded fund held its 61.8% Fibonacci retracement level of $112.04 on Friday.
The yield on the 30-year U.S. bond rose to as high as 3.091%....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins