Archive

We are adding First Solar (NSDQ: FSLR), the leading producer of thin film solar photovoltaic (PV) modules (i.e., panels) to Eastern Fireworks. The cost of solar has gone down dramatically over the past decade to the point that it’s comparable to conventional sources of energy production. With high cost no… Read More

Hit by fraud accusations from Harry Markopolos (see October issue of TCI) and with doubt lingering about its turnaround efforts, shares of General Electric (NYSE: GE) (Eastern Fireworks) fell sharply through the summer, at one point dipping below $7. While the fraud accusations appeared to lack merit, legitimate questions remain… Read More

The IMF recently lowered its estimate for world growth in 2019 to a decade-low 3%. It forecast 1.7% growth for developed economies, for both 2019 and 2020. If that seems alarmingly low, investors might beg to differ. After all, despite slow growth, year to date the S&P 500 has generated… Read More

Complacency continues to characterize the oil patch. Even the successful attack on Saudi oil fields didn’t shake it, with oil prices barely affected. It’s true that global economic growth has slowed to its lowest rate since 2009, but oil prices already reflected slow growth. Clearly the… Read More

If, as we expect, inflation remains low, it will be a boon for the stock market but will continue to make life challenging to anyone who relies on fixed income. Fortunately, there are equities that offer decent yields along with prospects for long-term dividend growth, providing solid total returns. Some… Read More

We are adding two exciting junior gold miners to Eastern Fireworks/SMid-Cap Value Portfolio, Junior miner Gabriel Resources (OTC: GBRRF) is an all-or-nothing play. If its gold mine gets developed, you can count on enormous rewards. On the other hand, if the mine gets blocked, you’ll be out of pocket. But… Read More