There’s one thing the Republicans sure do efficiently, and that’s internally divide their political party. It’s likely the reason they get nearly nothing done! Contrast this with their counterparts, the Democrats. As radical as their ideology is, it’s very rare that members of their party push back. I even believe this to be true for…
What’s your stock picking process look like? Today I’m going to share a glimpse into my stock picking “process of elimination” with you by breaking down what I factor into consideration. FACTOR #1: Momentum The momentum factor alone can be a total hit or miss. Some years, it was the gleaming factor: 2015, 2017 and…
For now. There’s likely to be several more basis point increases by the end of 2023. The Fed takes a posture of rates hanging around current or slightly higher numbers for several years before any consideration to pull back. They make statements like “… inflation is coming down really significantly.” And it makes me scratch…
It’s all too often that traders allow their pride to supersede their trade plan. It’s human nature to want to be right, but that’s not how you trade! Once you’ve developed a trade plan, it is vital that you stick to it. If you don’t you’ll be a wishy-washy trader, which will cause A LOT…
It grew by $2.1 TRILLION — yes, that’s trillion with a capital T — over just the last fiscal year. You should be tickled that the “G” reached a debt ceiling increase. Obviously a default would have been an economic disaster… but how much longer can things really go on like this? The disturbing answer…
Because we don’t have enough on our plates, the US Defense Department is strategizing how it can control the flow of energy to China in case conflicts intensify. Their attempt would be to block China’s imports by shutting down the shipment infrastructure. In terms of foreign policy, this isn’t the World War II era we’re…
The market started off a bit slow yesterday morning as it broadly braced for the jobless claims report numbers to be delivered at 0830. Claims surged to October 2021 highs, reaching a whooping 261,000. This could be a leading indicator that the jobs market is softening. While it will be painful for many, it shouldn’t…
The kingpin of Middle East energy recently slashed output big time when it comes to oil production. Yet prices the following day retreated, dropping by approximately 1%. Many analysts argue that Saudi Arabia alone will not be able to drive oil prices to between $80 and $90 a barrel. Overall economic weakness, including a possible…
Why? MONEY. It’s always about the money! It’s par for the course — the USA merges with our global competitor. Once upon a time the United States was a contender in the Global Energy market. It no longer is, due to the current administration’s decisions. The United States, once an economic powerhouse, again allows another…
Saudi Arabia said it would voluntarily cut its oil production by another 1 million barrels daily next month in a bid to prop up global oil prices. Benchmark oil prices rallied before falling back. One other member of the cartel, the UAE, was allowed to actually increase its output by about 200,000 BPD, while several…