Nearly 5,000 ancient cave paintings have been discovered in Burgos, Mexico. The red, white, black and yellow images depict humans hunting, fishing and gathering, as well as animals such as deer, lizards and centipedes. The 4,926 paintings were discovered in 11 different sites and are thought to have been created by at least three...
It seems the correlation to USDJPY has started to disintegrate and what is more worrisome for the BoJ is the linkage between JGBs and the Nikkei 225. Equities in Japan are about to open to a modest bounce around 1.5% but JGB prices are down around 0.50 (half the limit-down price moves). So, the...
Chart of the day… Quick Glance at the Market Heat Map and Industries Notables: Financials were a mess today Some signs of life technology as in health care No flight to safety in utilities Be sure to check out my latest swing trades and overall past performance SharePlanner Market Compass: Bounce would make for...
Scott Black describes his team at Boston-based Delphi Management as “disciples of the Graham-Dodd school of value investing,” and also insists on meeting directly with the management of companies he is evaluating. Rather than attempting to read the market, Black identifies good companies trading at prices that imply undervaluation. In the first quarter of...
Edward Lampert, founder of ESL Investments and top executive for Sears Holdings Corporation (SHLD), sold out holdings in three companies as of March 31, 2013. With a deep understanding of the everyday consumer, Lampert has made a fortune as a visionary retail investor. His portfolio is weighted with 97.6% in the consumer cyclical sector....
Billionaire Guru Prem Watsa is the founder of Fairfax Financial holdings. He emigrated from the land of gurus, India, with $8 in his pocket, only to earn the reputation of “Canada’s Warren Buffett.” Watsa’s investing skill and work ethic are both contagiously inspiring. He once said: “Being an immigrant, you develop qualities you never...
The head of the tax-exempt organizations division of the Internal Revenue Service (IRS) appeared in Wednesday’s House Oversight and Government Reform Committee hearing first swearing innocence against allegations that her office targeted conservative groups and then declining to answer questions from congressmen. Lois G. Lerner told the committee investigating the improper targeting of conservative...
Volatile trading in stocks and bonds could continue as investors sort out what’s going on with the Fed and whether markets have come to some sort of inflection point. That makes every bit of economic data even more important, since the Fed has made clear its path will be determined by the progress of...
Did you start saving or investing to secure your financial future? If not, then it’s time for some investment. The investors are required to be smart enough to plan strategies to maximize the profit on their investment plan. A good investment planning can be beneficial for their financial future. If you’re planning to invest...
This week, Google CEO Larry Page received a letter from the Bi-Partisan Congressional Privacy Caucus. In the letter, lawmakers inquired as to how the company planned to ensure the privacy of both users and people who find themselves in Google Glass’ line of sight, eWeek noted. Featuring a camera and built in video screen,...
