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Figuring Out The ‘Services Economy’

Figuring Out The ‘Services Economy’

The Markit Services PMI flash reading for March rebounded from the sub-50 reading in February, but only slightly. The calculation continues to suggest that the “services economy” is following the manufacturing and “goods economy” even if with some lag. The internals of the survey were not any better, with the new orders component falling to […]
McDonald’s Stock Is Set To Charge Higher

McDonald’s Stock Is Set To Charge Higher

Many investors look to valuations of the underlying before deciding on an investment but history has shown us that many underlying with good fundamentals and low valuations can stay undervalued for a significant period of time. Therefore, we must go deeper with our analysis to ensure we attain the highest probability of success on our respective underlying. […]
Yellen: Caution Is “Especially” Warranted: USD Crashes

Yellen: Caution Is “Especially” Warranted: USD Crashes

EUR/USD is leaping to resistance at 1.1250 as Janet Yellen’s speech is released. She talks about caution when raising the rates. Given risks to the outlook, the Fed should proceed “cautiously” with rate hikes. The inflation outlook has become more uncertain according to the Fed Chair. EUR/USD is extending its gains and similar moves are […]
Here’s What To Watch When Sonic Reports Quarterly Earnings

Here’s What To Watch When Sonic Reports Quarterly Earnings

Photo Credit: Mike Mozart Sonic Corp. (SONC) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports March 29, After Market Closes Drive-in burger chain, Sonic, is scheduled to report fiscal second quarter earnings today, after the bell. Its signature business of drink combinations and friendly service by iconic carhops has been widely successful in recent history. Over […]
Short Setups – If There Was Ever Going To Be A Sell-Off

Short Setups – If There Was Ever Going To Be A Sell-Off

Let’s face it, the Central Bank Bubble is still on the up and up. Yes, it was off to a rocky start this year, and last year, well, last year was a total bore.  But the the Fed, ECB, BOJ, and PBOC are clearly doubling down on their desire to keep the rally from 2009 […]
Setting Stage For Next Crisis: World Debt At $153 Trillion

Setting Stage For Next Crisis: World Debt At $153 Trillion

Be it the Great Depression of 1929 or the financial crisis of 2008-09, excess leverage has played the most important role in inducing the crisis. Several economists argue that lack of action in 1929 translated into depression, but the decade preceding the great depression was characterized by significant leveraging in the economic and financial system. […]
“Buy It All” Uber-Dovish Yellen Sends Stocks, Bonds, Gold, Oil Surging

“Buy It All” Uber-Dovish Yellen Sends Stocks, Bonds, Gold, Oil Surging

Well that escalated quickly. Yellen’s uber-dovish (coin-flip whether we hike or QE) speech has sparked panic-buying in everything… and USDollar dumping… as rate-hike odds collapse…
Global Eagle Announces $50 Million Stock Repurchase Program

Global Eagle Announces $50 Million Stock Repurchase Program

LOS ANGELES, March 29, 2016 (GLOBE NEWSWIRE) — Global Eagle Entertainment Inc. (Nasdaq:ENT) (“GEE”), a worldwide provider of aircraft connectivity systems, operations solutions and media content to the travel industry, today announced that its Board of Directors has authorized a stock repurchase program, under which GEE may repurchase up to $50 million of its outstanding […]
My “Wisdom” On Smart Beta & Factor Investing

My “Wisdom” On Smart Beta & Factor Investing

The latest installment from Tadas Viskantas’s series on “financial blogger wisdom” (is that an oxymoron?) asked a bunch of smart people (and also me) about smart beta. I was short: Smart beta and factor investing are the newest versions of high(er) fee active management promising the fairy tale of “market beating” returns in exchange for higher fees […]
Bull Of The Day: Hooker Furniture

Bull Of The Day: Hooker Furniture

Hooker Furniture (HOFT – Snapshot Report) is a leading manufacturer and importer of residential furniture, primarily targeted at the upper-medium price range. The Company offers diversified products, consisting primarily of home office, entertainment centers, imported occasional, bedroom, and wall systems, across many style categories within this price range. The company is the Bull of the Day after it […]