Marti157900/iStock via Getty Images EZCORP (NASDAQ:EZPW) appears to be undervalued by almost any metric. As growth and momentum continue building, I believe the stock has potential to unlock value and perform a great run in 2024 and 2025, with ~50% upside to the current price by my calculations. The Company Founded in 1989 with a…
deepblue4you I find it quite amusing that the market believes inflation is tied to rates – the propagandists at the Fed did their job there. Distract while creating bank reserves (print money) out of plain sight. The Monetary Base is up over 7% since March. M2 is also a bit higher. This is why the…
tadamichi Instead of seeing a normal correction, which happens more often than not when the market has been going straight up for four weeks, we have seen a big rotation out of tech and into financials, small caps and all sorts of under-performing sectors that have done little so far in 2023, until now. One…
Oleg Elkov/iStock via Getty Images Overview Last week’s dollar losses have been extended today. The yen is leading the move, encouraged by talk of buying by a large US real money fund. The Dollar Index is off about 0.35% after sliding 1.8% last week. It is below the 200-day moving average for the first time…
ooyoo/iStock via Getty Images Month-to-month CPI spikes, core CPI and core services CPI accelerate, despite ongoing massive health insurance adjustment. The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a red-hot 7.8%. This jump comes despite the still ongoing ridiculous monthly…
LoveTheWind/iStock via Getty Images The oil market has been stuck in a relatively tight range over the past ten months. The range began when I last covered the crude oil futures ETF (NYSEARCA:USO) with a bullish long-term outlook due to the impending end of the Strategic Petroleum Reserve release. Since November, crude oil has generally…
jhorrocks With a market capitalization of $17.48 billion, PulteGroup (NYSE:PHM) is a massive player in the homebuilding space in the US. In recent years, the firm has grown significantly, with the number of homes delivered and the average price per home sold shooting up. This year has proven to be a rather interesting period of…