Archives by Month:
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Market Talk – Wednesday, July 26
Asia closed broadly positive following yet more European and US stock records. Given stock, strength has reversed the yen’s gains and in late trading see the currency back above the 112 level. The Nikkei added an additional 0.5% with automakers benefiting as European rivals suffer from detrimental events but also as better than expected results […]
Beyond Bitcoin: Why Cryptocurrency “Tokens” Are The Future
On June 4th 2012, one Bitcoin was worth $5.49. On June 6th 2017, the price of Bitcoin closed at $2,851…good for a 51,000%+ gain in five years. This truly incredible surge has minted thousands of new millionaires. It has also birthed a booming cryptocurrency industry. After seeing early Bitcoin investors get rich, some of the world’s most talented entrepreneurs […]
Surging Corporate Profits? Not For The Rest Of This Economic Cycle
Are corporate earnings genuinely wonderful? It may depend on your perspective. For example, after-tax corporate profits have grown at an annualized pace of less than 1% over the last 5 years. You won’t find many 5-year periods that have been as anemic as that. In the same vein, earnings per share (EPS) growth has been […]
Can Celgene Beat The BioTech Industry Once Again?
Photo Credit: HCC Public Information Office Celgene Corporation (CELG) Releasing 7/27/17 BMO The Estimize consensus calls for EPS of $1.79, two cents higher than the Wall Street consensus. Currently, the Estimize community is looking for revenues of $3.214B, slightly lower than the Street’s expectation for $3.225B. Will Celgene be delivering an earnings surprise this quarter? Let’s […]
Where To For Gold?
Regular readers know I’m a big fan of discrimination. As such, I choose my friends wisely. I chat regularly with a select group of friends and colleagues whose particular areas of expertise and intellect I value deeply. Sometimes we agree… and sometimes we don’t but always the thought process is extremely valuable. It is where we […]
Will Central Bank Liquidity Dry Up In 2019?
Central Banks About To Break The Market I think that many investors who are saying the Fed’s balance sheet unwind will be a nothingburger are tired of the story and they think it’s overkill. They are also myopic in their thinking. The chart below shows that even though we have been talking about an unwind […]
Gilead Sciences Beats The Street – Wednesday, July 26
(Video length 00:01:12) CNBC’s Meg Tirrell reports on the quarterly earnings report for Gilead.
PayPal Holdings, Inc. 2Q 2017 Earnings Beat Estimates
PayPal (PYPL) 2Q 2017 earnings were released after closing bell tonight. The company posted adjusted earnings of 46 cents per share on $3.14 billion in revenue, compared to the consensus estimates of 43 cents per share in adjusted earnings on $3.09 billion in revenue. In last year’s second quarter, PayPal reported non-GAAP earnings of 26 […]
Dollars (TIC) In May: Consistently Inconsistent
The TIC data for May was inconsistent. It has been that way for several months, and importantly describes what I think is the operative “dollar” condition. Though the data is several months old already, we can tell by certain real-time prices and indications that the difference between 2016 and 2017 is very clear in some […]
Facebook Tumbles Then Bounces As Algos React To “Fake” Earnings Estimate
Facebook first tumbled then jumped after reporting Q2 EPS of $1.32, which initially slammed the stock as much as 5% lower however, then jumped just as quickly when it emerged that Bloomberg had blasted a wrong EPS estimate, according to which the company had missed earnings of $1.38… FACEBOOK 2Q EPS $1.32, EST. $1.38 … […]
