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Divergence Between GDPNow And FRBNY Nowcast Hits Two Full Percentage Points

Divergence Between GDPNow And FRBNY Nowcast Hits Two Full Percentage Points

Since February 24, a string of bad economic reports drove the Atlanta Fed GDPNow estimate for 1st quarter GDP from 2.5% to 1.2% In the same timeframe, the FRBNY Nowcast Model rose slightly from 3.1% tp 3.2% in a report released today. The gap between the models is now two full percentage points. I expected the gap to partially […]
Buckle Inc. Q4 Revenue, Earnings Results And Comps Down Badly

Buckle Inc. Q4 Revenue, Earnings Results And Comps Down Badly

Written by StockNews.com Buckle Inc. (NYSE: BKE) early Friday [Mar 10, 2017 | 7:03am ] posted worse than expected fourth quarter earnings results, as sales at established stores fell precipitously amid what it called a “challenging” retail environment.
Agriculture Markets Report – Friday, Mar. 10

Agriculture Markets Report – Friday, Mar. 10

A review of the day’s trading in the agriculture markets. Video Length: 00:09:16
Filing Season Finds: Valeant Pharmaceuticals (VRX)

Filing Season Finds: Valeant Pharmaceuticals (VRX)

Valeant Pharmaceuticals (VRX: $12/share) was one of the 700 10-K’s we processed last week. Analyst Cody Fincher made a total of 44 adjustments to Valeant’s financial statements with a total value of $50 billion. The adjustments were applied as follows: 21 income statement adjustments with a total value of $4 billion 16 balance sheet adjustments with […]
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                        Miners Are Testing Yesterday’s Highs

E Miners Are Testing Yesterday’s Highs

Miners are testing yesterday’s highs, and we may have an interim low if prices close above them. A bounce should last 1-2 weeks. The 50-day EMA will be key. If prices fail to retake the 50-day (3-closes above), then they will rollover and continue dropping. -GDX- Prices are testing yesterday’s high. A daily cycle low […]
Gold Miners’ Q4’16 Fundamentals

Gold Miners’ Q4’16 Fundamentals

The gold miners’ stocks have corrected hard in recent weeks, hammered by a gold pullback driven by soaring Fed-rate-hike odds. Like any considerable selloff, this has spawned serious bearish sentiment. But the gold miners’ underlying operating fundamentals remain quite strong, proving the recent selling was purely psychological. This sector’s just reported fourth-quarter results are impressive, […]
Best Buy: Successful Turnaround Fuels A 21% Dividend Increase

Best Buy: Successful Turnaround Fuels A 21% Dividend Increase

Retail has always been a difficult business. But it has become even more challenging lately, due to the e-commerce boom. Amazon.com (AMZN) and other Internet retailers are a dangerous threat to most brick-and-mortar retailers. Consumers are clearly loving the convenience of at-home delivery. And, Amazon.com can often lower prices than can be found at many […]
Market Health Is Bouncing Around

Market Health Is Bouncing Around

Over the past week, my core market health indicators bounced around but didn’t move enough to make any changes to the core portfolios. I’ve started to see a lot of chatter stating that this is the start of a larger top. So far, I’m not seeing the same evidence. There is a bit of deterioration in […]
What Hand Traders Can Learn From System Traders, And Vice Versa

What Hand Traders Can Learn From System Traders, And Vice Versa

Audio Length: 01:47:49 Adam Grimes has been a trader for more than 20-years, he’s traded all major asset classes, across various timeframes. He’s traded independently, with a prop firm, and he’s run other trading businesses also. The main focus of this episode is to explore some of the things which discretionary traders can adapt from […]
How Much Does Your State Need Foreign Trade?

How Much Does Your State Need Foreign Trade?

This post on CD displayed two maps showing each US state’s largest country trading partner for exports and imports in 2016. In response to a comment on those state maps, the table below shows something that is potentially very interesting: the degree (importance) of international trade for each US state in 2015. The table shows GDP for each US […]