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Attorney says there are flaws in reports, testimony, in death by auto trial

“Both witnesses told the court during cross-examination that they did not press the walk signal before crossing” writes Caitlin Mota for nj.com. Bruce Miller took the stand in the death by auto trial of Waqas Ibrar.Garrigan pointed out that Miller’s determination that the victims had the right of way was calculated on the timing of the walk signal, which had not activated. Source: nj.com Share This:

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Markets News Stocks 

Bloated company balance sheets signal trouble for stock market’s record run

“The ratio of non-financial corporate debt to GDP stood at 73.2% in the second-quarter of 2017, a near-record, according to data from the Federal Reserve Board” writes Sunny Oh for marketwatch.com. Aversion to highly leveraged companies is increasingly visible,” said the analysts, led by head of quantitative equity research, Andrew Lapthorne.With investors exercising care in their stock picking, equities have seen a wide divergence in performance this year.For those still holding the weak companies, the relative performance consequence is painful, leading to further selling and further polarization,” the strategists said. Source:…

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Long-Term Outlook For Gold Remains Very Positive

“The gold sector is on a long-term buy signal, however” reports etfdailynews.com. Long-term signals can last for months and years and are more suitable for investors holding for long term.From Streetwise Reports : Technical analyst Jack Chan charts the latest moves in the gold and silver markets, which he says are still exhibiting long-term buy signals despite flat performance as of late.SLV is also on a short-term buy signal.Short-term signals can last for days and weeks, and are more suitable for traders that are nimble to get in and out…

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Markets News 

How the Bank of England could surprise currency traders on Thursday

“As the Bank of England (BOE) prepares to raise interest rates for the first time in a decade, sterling could jump if Governor Mark Carney signals that several rate hikes lie ahead” writes Stefan Wermuth for cnbc.com. Market expectations indicate a 90 percent chance that the BOE will announce a rate hike Thursday, after the central bank suggested in September that strong inflationary pressures and better-than-expected growth since last year’s Brexit vote could lead to a slowdown in monetary stimulus.”We shouldn’t expect a major re-pricing if the BOE simply does…

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Astronomers make intriguing discovery thanks to a citizen scientist

“Citizen scientists all over the world work to aid in scientific discovery by combing through data and looking to the sky with backyard telescopes” writes Miriam Kramer for mashable.com. That said, a disintegrating planet’s signal usually comes around again and again as the world orbits its star, but there was no repetition in Jacobs’ Kepler data. Source: mashable.com Share This:

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News Oil 

Top oilfield services firms signal fourth-quarter uncertainty

“Brent crude prices have barely budged this year and the U.S. crude benchmark has remained mostly below $55 a barrel” reports foxbusiness.com. This summer, U.S. producers Anadarko Petroleum Corp , ConocoPhillips and Hess Corp cut second-half capital spending plans, including on oilfield services activities.But global oil supply and demand is becoming more balanced and recent spending cutbacks on U.S. production could eventually boost crude prices, Schlumberger Chief Executive Paal Kibsgaard said. Source: foxbusiness.com Share This:

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Astronomy Has Entered a New Era

“Until gravitational waves were discovered, astronomy was essentially in its silent film era” reports realclearscience.com. We had always hoped that one day LIGO would detect a gravitational wave signal simultaneously with other telescopes.This groundbreaking announcement from the LIGO Scientific Collaboration and the Virgo collaboration heralds the beginning of a new era in “multi-messenger” astronomy. Source: realclearscience.com Share This:

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Markets News Stocks 

A major warning signal just flashed for the stock market

“The measure in question is the so-called relative strength indicator (RSI), which indicates when the stock market has gotten too stretched in either direction” writes Joe Ciolli for businessinsider.com.au. For months, stock market pessimists have been saying that US equities are overvalued.What it does do is provide investors with a reality check — that contrary to recent returns, the stock market doesn’t always climb in unstoppable fashion. Source: businessinsider.com.au Share This:

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Markets News Stocks 

Making sense of an extremely expensive stock market

“Business Insider CEO Henry Blodget discusses the stock market’s ascent to yet another set of new highs, and drills down on high valuations” writes Kara Chin for businessinsider.com. Silverstein walks through the Fidelity Chart of the Week, which shows that stock market breadth is the lowest since the election, which could be a signal of weakness.Silverstein responds by noting that being two years early in calling a market top makes you wrong. Source: businessinsider.com Share This:

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