Does ‘Sell In May And Go Away’ Actually Work?
05/01/2020 11:14 AMIt’s that time of year every year where “sell in May and go away” articles and trading recommendations start popping up everywhere. But is sell in May an actual thing that traders should take seriously or is it purely entertainment at this point? As it turns out, the...
read moreC.D. Howe’s Business Cycle Council says country has entered a recession
05/01/2020 9:13 AMCanada has officially entered a recession due to the economic devastation caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday. The council, which acts as an arbiter of business cycle dates in Canada, said the economy...
read moreThe Most Shocking Economic Numbers in History
05/01/2020 6:43 AMAre met with a yawn if the coverage is any indication despite the fact that old records of deficits, unemployment and economic contraction are being...
read moreSell in May and Go Away?
04/30/2020 11:16 AMAs the old adage goes, “Sell in May and Go Away” but COVID-19 restrictions have us staying at home, planes grounded, hotels and restaurants closed and non-essential travel discouraged…. Where are we to go? which begs the question: if we aren’t going away do we still...
read moreSchachter’s Eye on Energy Report
04/30/2020 11:07 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 29 energy and energy service companies with...
read more“The Bond Market Hasn’t Been Overcome By The Same Optimism As Stocks”
04/30/2020 10:55 AMIn a word: Gilead. It’s the optimism associated with the company’s experimental Covid-19 therapy which has supported risk assets as this week nears the final stretch. Overnight, equity futures hit new post-crash highs (2965 for the S&P) as investors take solace in the...
read moreShell CEO Says Pandemic May Change the Oil Business Forever
04/30/2020 10:52 AMEurope’s largest oil company is bracing for permanent change in customer behavior, signaling demand may not fully recover once the coronavirus pandemic is over. The global spread of the virus has roiled oil markets, dragging down profits at some of the biggest...
read moreGold & Silver Alert: Fed Vows Aggressive Action
04/30/2020 9:56 AMIncludes an update from ValOre CEO Jim Paterson at the 12 minute mark regarding VO's financing and PGM metals drill program confirmation in Brazil....
read moreIllinois Wants A Pension Bailout
04/30/2020 6:44 AMThis is the best response to all the requests for money I've seen. It will be tough to beat it for COVID-19 quote of the...
read moreWhat Manufacturing Executives Said About Their Business in this Economy
04/29/2020 11:01 AMThe down-to-earth comments from executives of manufacturing companies in Texas show how the economy has diverged: Many segments are in a fall-of-the-cliff downturn while a few other segments have seen a sudden boost they suspect may not last. This divergence is one of...
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