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Trump Tax Cuts To Add As Much As $7 Trillion In Debt

Trump Tax Cuts To Add As Much As $7 Trillion In Debt

While today’s “tremendously” vague one-page summary of Trump’s tax plan had barely any detail – it did not even include the income ranges for the three personal income tax brackets – it did contain enough information for the CRFB to be able to score it, and calculate how much it would cost, or in other words […]
The Medium-Term Trend – Wednesday, April 26

The Medium-Term Trend – Wednesday, April 26

The SPX equal weight touched the previous high and then reversed. Shooting star pattern? Now what happens? There are a few weak spots in this market. The recent chart of the Transports does not have the look of an uptrend. Not yet anyway. This has been one of the few major indexes not confirming the […]
Tides Turning

Tides Turning

After a hefty overnight gap we seem to now be on the downturn for markets, at least according to the SPY chart. QQQ and IWM are strong but have gaps that may well need filling before the next major leg higher. Earnings season is only going so so, so far, as we see stocks continue […]
F5 Networks, Inc. Posts Weaker Than Expected Q2 Earnings & Provides Subpar Guidance For Q3

F5 Networks, Inc. Posts Weaker Than Expected Q2 Earnings & Provides Subpar Guidance For Q3

F5 Networks, Inc. (Nasdaq: FFIV) late Wednesday posted weaker than expected Q2 earnings and provided subpar guidance for Q3 Written by StockNews.com The Seattle-based software developer reported Q2: earnings per share (EPS) of $1.95, which was $0.02 worse than the Wall Street consensus estimate of $1.97, revenues rose 7.1% from last year to $518.2 million, […]
TransUnion Announces Secondary Offering Of 15,000,000 Shares Of Common Stock And Purchase Of 1,500,000 Shares Of Common Stock

TransUnion Announces Secondary Offering Of 15,000,000 Shares Of Common Stock And Purchase Of 1,500,000 Shares Of Common Stock

TransUnion (the “Company”) (NYSE: TRU) today announced that certain of its stockholders (the “Selling Stockholders”) intend to offer for sale in an underwritten secondary offering 15,000,000 shares of common stock of the Company pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (the “Commission”). In addition, certain of the Selling Stockholders […]
“I Am The King Of Debt. I Do Love Debt. I Love Debt.”

“I Am The King Of Debt. I Do Love Debt. I Love Debt.”

That’s a quote from candidate Donald J. Trump in May 2016. And today, he re-affirmed his predelictions, in his tax “sketch”. According to the Committee for a Responsible Federal Budget, the ten year central projection is for a cost of $5.5 trillion, resulting a $6.2 trillion augmentation to the debt. Source: CRFB (April 26, 2017). Ignoring dynamic effects, this […]
Earnings Trades In GOOGL, AMZN And More!

Earnings Trades In GOOGL, AMZN And More!

Stocks end the day unchanged as the big tax reveal lacked the details the market needs to decide whether it’s bullish or bearish. In tonight’s video we will focus on the big earnings announcements of the week. Two of the biggest companies on the planet, GOOGL and AMZN, will release their latest quarterly numbers. Here […]
Subprime Credit Card Losses Bite Capital One: Income Down 20%, Charge-Offs Up 30%

Subprime Credit Card Losses Bite Capital One: Income Down 20%, Charge-Offs Up 30%

Capital One missed earnings estimates by a mile as Credit Card Charge-Offs Jump 30% What’s in your wallet? Capital One Financial Corp. reported a 20% drop in first-quarter net income from a year earlier as losses jumped for U.S. credit cards and the bank took a bigger provision charge for credit losses. The firm, known […]
The Miraculous Stair – A Rally Of Legend

The Miraculous Stair – A Rally Of Legend

In 1878, after nine days of Nun’s prayers, a rare helix-shaped spiral staircase leading up to a loft appeared at the Loretto Chapel in Santa Fe. With no attachment to a wall and built with dowels and wooden pegs, this staircase is billed as a “miracle.” The builder, whoever he was, built a innovative masterpiece. […]