Amazon Soars To The Chagrin Of These Two Companies

Hello MarketClub members everywhere. There is no doubt about it; Jeff Bezos has built a fantastic company. When he first started selling discounted books, he wanted to give his company a big name. The biggest thing he could think of at the time was Amazon which is the largest, mightiest river in the world. Jeff's premonition for calling his company Amazon turned out to be very fortuitous as Amazon is without question the biggest online store in the world.

MarketClub's Mid-day Market Report

I have to admit; I'm a customer of Amazon.com Inc. (NASDAQ:AMZN) like millions of other people who love the service. What Amazon does better than anybody else is sell products and deliver them and make it all incredibly easy and pain-free.

There is a catch, however, in the marketplace and in life there is no such thing as a free lunch, someone has to pay. Continue reading "Amazon Soars To The Chagrin Of These Two Companies"

FOMC: Not Enough Inflation, Folks

By: Gary Tanashian of biiwii.com

Not enough inflation.  That’s what the Fed is saying yet again.

FOMC Statement

“Inflation has continued to run below the Committee’s 2 percent longer-run objective, partly reflecting earlier declines in energy prices and in prices of non-energy imports. Market-based measures of inflation compensation remain low; most survey-based measures of longer-term inflation expectations are little changed, on balance, in recent months”

The problem is, that like their innovative friends at the BoJ, which apparently thinks it is going to now engineer the Japanese yield curve into an inflationary environment, the US Fed is too heavily involved in the Treasury market.  So I ask you if just maybe the signals they are looking for in bonds are all screwed up by their very presence in bonds, 24/7 and 365 since 2008?  Hello Op/Twist… Continue reading "FOMC: Not Enough Inflation, Folks"

The Trade Triangles Spotted Trouble With Wells Fargo 12 Months Ago

Hello MarketClub members everywhere. No doubt by now you have heard of all the problems Wells Fargo & Company (NYSE:WFC) is having in creating fictitious, and I would say illegal accounts. What you probably didn't know is the fact that the Trade Triangles picked up problems with Wells Fargo on August 21, 2015, when the stock was selling at $54.45. That was over 13 months ago, and the news is just now hitting the market.

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The Trade Triangles provide an entirely unbiased opinion of all the markets. Many times people on the inside know there's a problem and that problem manifests itself in price action. That is where the Trade Triangles shine. Continue reading "The Trade Triangles Spotted Trouble With Wells Fargo 12 Months Ago"

Preview Issue #2 - Mylan, Walgreens & IBB

INO Health & Biotech Stock Guide

Preview Issue #2 - Sept 21st, 2016

BIOTECH, HEALTH & PHARMA NEWS

Hillary Clinton has thrusted the drug pricing debate onto center stage once again after calling out Mylan for its aggressive price increases over the past decade for its EpiPen. The EpiPen uses an auto-injection of epinephrine to treat severe allergic reactions, particularly deadly in school age children. Mylan acquired the product in 2007, and the “list” price increased from $100 in 2008 to its current “list” price of ~$600. Hillary Clinton was quoted as stating:

Continue reading "Preview Issue #2 - Mylan, Walgreens & IBB"

'Gold vs.', Pre-FOMC

By: Gary Tanashian of biiwii.com

We are well along in the precious metals correction and have downside targets for gold, silver and the miners.  In order for that to be a ‘buy’, the sector and macro fundamentals will need to be in order.  Some of those are represented by the gold ratio charts vs. various assets and markets.  Below are two important ones.

Gold vs. Stock Markets has been correcting the big macro change to the upside since leading the entire global market relief phase (potentially out of the grips of global deflation) earlier in the year.  A hold of these moving averages, generally speaking, keeps a key gold sector fundamental in play as the implication is that conventional casino patrons are choosing gold over their traditional go-to assets, stocks.  A breakdown from the moving averages and it’s back to Pallookaville for the gold “community”.

Despite gold having topped out (in nominal terms) months ago, the gold vs. stock markets indicators are intact. Continue reading "'Gold vs.', Pre-FOMC"