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The Fairway Group Long Swing Trade Thesis – Earnings Play/Short Cover

The Fairway Group Long Swing Trade Thesis – Earnings Play/Short Cover

The Fairway Group (FWM) is set to report earnings after the bell on May 26th, 2015. Immediately before the last earnings report, the stock made a nice run up and continued to run to over $7, before being re shorted down to its current level of about $4.90. The last earnings were reported on Feb. […]
Macro Analytics – Interpreting The Signals With John Rubino

Macro Analytics – Interpreting The Signals With John Rubino

NetApp Falls On Q4 Earnings & Revenue Miss; Outlook Tepid

NetApp Falls On Q4 Earnings & Revenue Miss; Outlook Tepid

Shares of NetApp Inc. (NTAP – Analyst Report) went down 8.1% in after-hours trading yesterday, after the company posted dismal fourth-quarter fiscal 2015 results. Also, a tepid first quarter fiscal 2016 guidance impacted the share price. The company reported adjusted earnings (including stock-based compensation but excluding amortization and other one-time items) of 47 cents, which missed the Zacks Consensus […]
Busy U.K. Shoppers Lift Sterling, Spurs Profit-Taking After Dollar Bounce

Busy U.K. Shoppers Lift Sterling, Spurs Profit-Taking After Dollar Bounce

The US Dollar Index advanced in the first three days of the week but is under some pressure today.  The FOMC minutes confirmed what the market had already known, which is a rate hike next month is highly unlikely.  Meanwhile outside of the UK’s strong retail sales report, most of the data today has disappointed. These include […]
Salesforce Gains On Q1 Earnings And Revenue Beat

Salesforce Gains On Q1 Earnings And Revenue Beat

Shares of salesforce.com Inc. (CRM – Analyst Report) gained more than 6% in after-hour trade yesterday following strong first-quarter fiscal 2016 results and upbeat fiscal year guidance issued by the company. The company’s adjusted earnings (including stock-based compensation but excluding all one-time items on a proportionate tax basis) of 2 cents per share came ahead of the Zacks Consensus […]
China Manufacturing PMI Contracts Third Month, Output Index At 13 Month Low

China Manufacturing PMI Contracts Third Month, Output Index At 13 Month Low

The slowdown in China continues as the HBSC Flash PMI shows Output contracts at strongest rate in just over a year.  Key Points Flash China Manufacturing PMI™ at 49.1 in May (48.9 in April). Two-month high. Flash China Manufacturing Output Index at 48.4 in May (50.0 in April). 13-month low. Commenting on the Flash China Manufacturing PMI […]
Portugal’s “Left-Wing” Forces Threaten Troika Revolt

Portugal’s “Left-Wing” Forces Threaten Troika Revolt

As we discussed on Wednesday, Europe — and now at least one ratings agency — is doing its very best to trigger a terminal bank run in Greece and thereby deal the final, destabilizing blow to the country’s radical socialist saviors (Syriza) who, in the event the ATMs go dark or depositors end up Cyprus’d, would be […]
EUR/USD Forex Signal For May 21, 2015

EUR/USD Forex Signal For May 21, 2015

EUR/USD Signal Update Yesterday’s signals were not triggered as the price was not quite above 1.1100 at 9am London time for a long trade. This was OK as the price did not really move up even though the bullish trend line did act as a supportive floor. Today’s EUR/USD Signals Risk 0.75% Trades may only be […]
May 21st – Market Analysis & Trading Opportunities

May 21st – Market Analysis & Trading Opportunities

1 – Looking at the silver market, we did in fact find support at the $17 level as we had anticipated. Because of this, we feel that the market is going to continue to go higher and head towards the $17.50 level, an area that has been important in the past. We are call buyers, and […]
Vehicle Miles Traveled: A New Look At Our Evolving Behavior

Vehicle Miles Traveled: A New Look At Our Evolving Behavior

The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through March. “Travel on all roads and streets changed by 3.9% (9.8 billion vehicle miles) for March 2015 as compared with March 2014.” The less volatile 12-month moving average is up 0.31% month-over-month and 2.64% year-over-year. If we factor in population […]