Will scrap metal make a rebound?
Metals such as copper and aluminum are closely watched by certain market participants due to their correlation with economic activity. The price of copper has been on a five year decline, for instance, as economic activity in China had slowed. Now, however, there are new signs of life in a little known sub-set of the copper and aluminum markets that may indicate a larger trend is about to begin.
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
In an exclusive interview, veteran contrarian investor Charlie Dreifus explains why he is not worried about recent stock market turbulence and where he is still finding high quality bargains. Charlie... Read More
Global coffee brewer, Starbucks Corporation (NASDAQ:SBUX) recently said that it was compliant with tax policies, but according to its latest disclosure on tax payments in the U.K., the company... Read More
By Crescat Capital Also see Q3 letters As we showed in our recent quarterly letter, there are numerous parallels in the market today to 1929 and other historic market peaks.... Read More
While value investors by their very nature, should not believe in the efficient market hypothesis, it’s always interesting to see what trends researchers are discovering about the wider market,... Read More
Coke CEO Muhtar Kent might feel just a little bit like dethroned baseball hero Mark McGwire. As reports say the company could shed 1,000 to 2,000 jobs amid sagging financial results,... Read More
“Credit expansion is the government’s foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of... Read More
Activist lurkers, not an exciting, nor fun day in the activist world today. But we managed to scrounge up something for you on the news and story side. What... Read More
What does value investing really mean? Q1 2021 hedge fund letters, conferences and more Image source: YouTube Video Screenshot Some investors might argue value investing means buying stocks trading at a discount... Read More
According to analysts at Goldman Sachs Group, Inc. (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM) is a better story in the short term than Morgan Stanley (NYSE:MS). JPMorgan now is... Read More
Visa Inc (NYSE:V) reported fiscal second-quarter results that topped Wall Street earnings and revenue estimates. The world’s largest payment network said its operating revenue increased 14.7 percent to $2.96 billion... Read More
