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Wal-Mart ETFs To Buy On Blockbuster Q3 Results

Wal-Mart ETFs To Buy On Blockbuster Q3 Results

Wal-Mart (WMT – Free Report) reported blockbuster third-quarter fiscal 2018 results. The mega retailer continued its long streak of positive earnings surprise as it beat estimates for the ninth consecutive quarter. It also topped revenue estimates and offered an upbeat guidance for the holiday quarter and the fiscal year. Per Bespoke Investment Group, this is only the […]
CPI In October 2017 And Gold

CPI In October 2017 And Gold

On Wednesday, a report on U.S. consumer inflation was released. What does it imply for the gold market? As we predicted last month, the monthly rate of inflation slowed down in October after soaring in September due to disruptions caused by hurricanes. Consumer prices increased 0.1 percent. The move was driven mainly by higher housing costs (which jumped […]
Ross Stores (ROST) Rallies On Solid Q3 Earnings, Raised View

Ross Stores (ROST) Rallies On Solid Q3 Earnings, Raised View

Ross Stores, Inc. ROST reported solid third-quarter fiscal 2017 results, wherein both the top and bottom lines topped estimates and improved year over year. Further, earnings came ahead of the company’s projection despite the tough year-over-year comparisons, volatile retail environment and the impact of two major hurricanes during the quarter. Driven by the continuation of trends witnessed […]
RecessionAlert Weekly Leading Index Update – Friday, Nov. 17

RecessionAlert Weekly Leading Index Update – Friday, Nov. 17

The latest index reading came in at 26.1, up from 25.1 the previous week. RecessionAlert has launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes […]
Crude Oil – General Stock Market Link

Crude Oil – General Stock Market Link

On Thursday, the overall situation in crude oil hasn’t changed much as the commodity wavered around the January peak. Will the relationship between black gold and the general market give us more clues about future moves? Crude Oil’s Technical Picture Let’s examine the technical picture of the commodity (charts courtesy of http://stockcharts.com). From today’s point of […]
Rail Week Ending 11 November 2017: Continued Slowing Of Rolling Averages

Rail Week Ending 11 November 2017: Continued Slowing Of Rolling Averages

Week 45 of 2017 shows same week total rail traffic (from same week one year ago) expanded according to the Association of American Railroads (AAR) traffic data. The economically intuitive sectors remain in expansion but growth rate continues to slow. Analyst Opinion of the Rail Data We review this data set to understand the economy. If coal […]
The Biggest Wealth Transfer In History

The Biggest Wealth Transfer In History

What will happen between now and 2025? Nobody knows of course but I will later in this article have a little peek into the next 4-8 years. The concentration of wealth in the world has now reached dangerous proportions. The three richest people in the world have a greater wealth than the bottom 50%. The top 1% […]
The Aramco Money Machine: Where Will It Go?

The Aramco Money Machine: Where Will It Go?

Forget the buzz around Saudi Aramco’s initial public offering (IPO), which looks set for 2018. Saudi Crown Prince Mohammad bin Salman (aka MBS) has been on a PR campaign to plant the seeds of a $2 trillion valuation. Other, more sober estimates put the figure at $1 trillion. Whatever the number, consider that ExxonMobil’s market […]
A Market Ready To Pull The Rug Out From Under You!

A Market Ready To Pull The Rug Out From Under You!

Yesterday we got the news that the fed has finally reached its 2% inflation goal! This is after 9 years of interest rates pinned on the floor, and about 4.5 trillion in cheap credit flooded into government and wall st. That is all it takes! Now the central bank can rest easy as the target […]
Commodities Weekly Wrap-Up – Friday, Nov. 17

Commodities Weekly Wrap-Up – Friday, Nov. 17

Eric Sprott returns this week to discuss gold, silver and the prospects for the mining shares into year end. Audio Length: 00:10:54