Most government revenue comes from the taxation of transactions and labor. Taxes impact both the supply and demand curves. Taxes cause a buyer to pay more for something and suppliers to receive less. The loss of value for both buyers and sellers is called the deadweight loss of taxation. Taxation has an enormous impact on (Read More….)
Satoshi writes, “I’m short on REGN because I think it’s oversold. Could you give me any tips of how to confirm this or if it’s also in a downtrend that could go Lower? Earnings are due on the 4th, and I want to get out before they release, but I’m expecting it to pick up (Read More….)
Hope Bancorp’s stock chart looks like a sweet entry off a long lower shadow hammer flush off the 200 day moving average.
The stock trades at a hot P/E ratio of 13.6 and a forward P/E ratio of 11.3.
The annual EPS growth for the last five years is an incredible +42.2%. Annual revenue (Read More….)
Ryerson Holding Corporation stock is oversold with a P/E of 8.54. The rising Twiggs Money flow looks awesome as it suggests traders are accumulating the stock on pullbacks.
There is lots of recent insider buying in the stock.
Disclosure: I do not hold any position in RYI.
The Hain Celestial Group has a nice looking technical chart pattern of a rising Twiggs Money Flow while the stock has been basing.
For the last 5 years, both earnings and revenue have been rising. The stock trades at a P/E ratio of 18.25
Disclosure: I do not hold any position in HAIN.
Bill and Hillary Clinton’s NAFTA helped Mexico at the expense of US workers.
Economists against NAFTA in the 1990s warned everyone that all Mexico had to do was to devalue their currency to gain comparative advantage over the US for just about every product produced. The chart below shows Mexico has been devaluing their (Read More….)