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CSX Corporation Q1 Earnings Beat The Street As Sales Rise, Costs Fall

CSX Corporation Q1 Earnings Beat The Street As Sales Rise, Costs Fall

Written by StockNews.com CSX Corporation (Nasdaq: CSX) late Wednesday posted better than expected first-quarter earnings results, as higher revenues and cost cuts bolstered its top and bottom line. The Jacksonville, FL-based railroad operator reported: Q1 earnings per share (EPS) of $0.51, which was $0.08 better than the Wall Street consensus estimate of $0.43. Revenues rose 9.6% […]
Tar Sands In Canada Are On The Verge Of An Explosive Comeback

Tar Sands In Canada Are On The Verge Of An Explosive Comeback

Energy investors wrote off Canada’s tar sands after oil prices plummeted 50% between 2014 and 2016. Even though the tar sands are loaded with a potential 300 billion barrels of oil, extracting the oil out of the sand is a costly, unprofitable process without higher oil prices. Until now… You see, one company operating in the tar sands has developed a […]
Oil Reversal Disrupts Markets

Oil Reversal Disrupts Markets

Video length: 00:12:58 Stocks opened higher this morning shaking off more bad earnings this time from IBM. However, as the trading day progressed indices so lower highs and lower lows into the close. Oil sudden tumble midday sent shockwaves into the rest of the market. In tonight’s video, we will identify the single best opportunity […]
Defensive Sectors At The Top

Defensive Sectors At The Top

Defensive sectors are on the rise and already control the top of the rankings. Real Estate, one of the new-era defensive sectors, has joined Utilities at the pinnacle, and the traditional defensive sector of Consumer Staples sits in third. None of the factor ETFs were able to increase their momentum scores this past week, and […]
If The Market Is In A Correction, How Severe Will It Be?

If The Market Is In A Correction, How Severe Will It Be?

If the market is in a correction, how severe will it be? I have never been very good at determining price targets, but I think the moving averages are a good starting point. At the moment, the decline from the 50-day to the 200-day would be about a 5% decline. That sounds about right to […]
Everi Holdings – Chart Of The Day

Everi Holdings – Chart Of The Day

The Chart of the Day belongs to Everi Holdings (EVRI).  I found the gaming and payments stock by using Barchart to sort today’s Top Stocks to Own list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy in 1/18 the stock gained 142.91%. Everi Holdings Inc. is a […]
United Rentals, Inc. Earnings Beat, But Rental Prices Decline

United Rentals, Inc. Earnings Beat, But Rental Prices Decline

Written by StockNews.com United Rentals, Inc. (NYSE: URI) late Wednesday posted better than expected first-quarter earnings results and lifted its full-year outlook, as rental volumes rose but rental rates fell.
USD/JPY – 110 Or 108?

USD/JPY – 110 Or 108?

It says a lot when consistently softer economic data can’t bring down a currency. The U.S. dollar refuses to fall despite clear evidence of a slowdown in the recovery. We’ve seen consumer spending drop for the second month in a row, consumer price growth decline for the first time in more than a year, job […]
What Is Asset Allocation For Everybody Else?

What Is Asset Allocation For Everybody Else?

Charts of combined asset allocation and aggregate asset allocation. (Click on image to enlarge