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GBP/USD Remains Bid As BoE Officials Endorses Normalization Cycle

GBP/USD Remains Bid As BoE Officials Endorses Normalization Cycle

GBP/USD outperforms against most of its major counterparts despite the slew of mixed data prints coming out of the U.K. economy, and the British Pound may exhibit a more bullish behavior ahead of Bank of England’s (BoE) December 14 meeting as the central bank looks to further normalize monetary policy in 2018. Keep in mind, the Monetary […]
Stitch Fix Has Sown Up A Good Clothing Business

Stitch Fix Has Sown Up A Good Clothing Business

Stitch Fix (SFIX) is a service that aims to upgrade your wardrobe right at home. They have embellished the story by talking about “using AI and data science” to make “the future of retail” for clothing. The company is offering 10 million shares at $18-20 with Goldman Sachs and JP Morgan leading the charge. At the […]
Keep Calm And Carry On

Keep Calm And Carry On

    “Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption.” – Mark Carney, Bank of England Governor In 1939, the British Government, through the Ministry of Information, produced a series of morale-boosting posters which were […]
Uranium Energy Corp (UEC) Stock Price Looks Explosive Going Into 2018

Uranium Energy Corp (UEC) Stock Price Looks Explosive Going Into 2018

The uranium market did extremely well exactly one year ago, around year end, and help quite well this year even if it was volatile. InvestingHaven’s research team suggested there is a significant probability that the uranium market could be very bullish 2018. So what does that mean for uranium miners: which uranium stock will the outperformer […]
Smucker (SJM) Posts Upbeat Q2 Earnings & Sales, Shares Up

Smucker (SJM) Posts Upbeat Q2 Earnings & Sales, Shares Up

The J. M. Smucker Company SJM posted second-quarter fiscal 2018 results and earnings and revenues beat the Zacks Consensus Estimates.  However, the company lowered the higher end of its earnings guidance for fiscal 2018, thanks to anticipated higher freight expenses and industry-wide headwinds for the remaining part of the fiscal year.   We also note that in […]
Viacom (VIAB) Q4 Earnings Miss, Revenues Beat Estimates

Viacom (VIAB) Q4 Earnings Miss, Revenues Beat Estimates

Viacom, Inc. VIAB reported mixed results in the fourth quarter of fiscal 2017 (ended Sep 30, 2017), wherein revenues outpaced the Zacks Consensus Estimate but earnings lagged the same. The company’s earnings (on an adjusted basis) of 77 cents per share missed the Zacks Consensus Estimate of 85 cents. The bottom line, however, expanded 11.6% on a […]
Best Buy (BBY) Q3 Earnings & Sales Miss Estimates, Stock Down

Best Buy (BBY) Q3 Earnings & Sales Miss Estimates, Stock Down

Best Buy Co., Inc. (BBY – Free Report), the specialty retailer of consumer electronics, came out with third-quarter fiscal 2018 results, wherein adjusted earnings from continuing operations came in at 78 cents per share that missed the Zacks Consensus Estimate by a penny. However, it increased 30% from the prior-year quarter. Best Buy Co., Inc. Price, Consensus and […]
Another Cut Coming For This 12% Yielder

Another Cut Coming For This 12% Yielder

Two weeks ago, Marc warned that General Electric (NYSE: GE) would likely cut its dividend. On Monday, the company announced a $4.1 billion cut, the largest in U.S. history outside of the financial crisis. Speaking of predicting dividend cuts… In December 2015, I covered CYS Investments (NYSE: CYS), which invests in mortgage-backed securities. I concluded the article by saying, “I’d […]
Weekly Commodities Wrap: China Data Weakness Weighing On Copper

Weekly Commodities Wrap: China Data Weakness Weighing On Copper

  Gold: Gold Firm Despite Rising US Rate Hike Expectations Movement in the price of gold remained fairly muted this week as a lack of directional drivers kept the precious metal hemmed in. The Fed is widely expected to raise rates at its upcoming meeting in December which should keep upside constrained, while simmering geopolitical […]
Crude Oil – Gold Link In November 2017

Crude Oil – Gold Link In November 2017

In recent weeks, it was hard to avoid the topic of crude oil, turning on the TV or opening a newspaper. Developments in the Middle East, escalating tensions between Saudi Arabia and Iran, the upcoming meeting of OPEC and non-OPEC ministers as well as the Baker Hughes reports, crude oil and its products inventories were […]