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Consumers Take Out Gobs Of Debt

Consumers Take Out Gobs Of Debt

Credit Card Debt Is Over $1 Trillion The consumer is at a crossroad. If wage growth accelerates in 2018, everything will be fine, but if the economy turns south, the consumer will be in a world of hurt. Some readers might say that if the economy goes south, the consumer will always be in pain. […]
Nvidia (NVDA) Crushes Q3 Earnings Estimates, Datacenter Revenue Soars 108%

Nvidia (NVDA) Crushes Q3 Earnings Estimates, Datacenter Revenue Soars 108%

Nvidia Corporation (NVDA – Free Report) just released its third-quarter financial results, posting earnings of $1.33 per share and revenues of $2.64 billion. Currently, NVDA is a Zacks Rank #2 (Buy) and is relatively flat in after-hours trading shortly after its earnings report was released. The stock closed about 1.8% lower on Thursday. Nvidia: Beat […]
Stocks To Trade: Facebook, Wynn, Electronic Arts

Stocks To Trade: Facebook, Wynn, Electronic Arts

Take a look at three trading ideas to prep you for the next trading session. Long Facebook (FB) Long Wynn Resorts (WYNN) Short Electronic Arts (EA)
Ethereum Price Breakout Underway

Ethereum Price Breakout Underway

ETH/USD Daily Chart Technical Outlook: Heading into the close of October we noted that the focus for Ethereum, “falls on the 275-312/20 range- look for the break for guidance with broader bullish invalidation now set to confluence support at 257.” The November opening range took shape within this same zone with a topside breach shifting the focus higher in Ethereum. Daily […]
4 Benefits Of Leveraged ETFs

4 Benefits Of Leveraged ETFs

Sitting atop this year’s performance gainers are leveraged ETFs. These are funds that use a combination of debt and derivatives to magnify their performance. Are leveraged ETFs right for you? Before tackling this question, let’s examine key trends within this arena. Among this year’s best ETFs are funds concentrated in semiconductors (SOXL), homebuilders (NAIL), and Chinese […]
Bonds Away

Bonds Away

Today would have been quite interesting, had it not been for the damned buy-the-dip crowd. One area, however, that’s really starting to break down is high yield bonds. Check this out: Indeed, the HYG and SPY are diverging quite nicely: Anyway, like I said, the day started off great……..but, Jesus Christ on a pita biscuit, […]
Equifax Reports Q3 Adjusted EPS $1.53, Consensus $1.50

Equifax Reports Q3 Adjusted EPS $1.53, Consensus $1.50

Equifax (EFX) reports Q3 revenue $834.8M, consensus $847.05M. The company said, “As we report our third quarter results, we recognize that we have an important journey in front of us to regain the trust and confidence of consumers and our business customers. Our teams have taken immediate actions to improve our data security and provide […]
Macy’s Results Show Rocky Road For Retail

Macy’s Results Show Rocky Road For Retail

Macy’s (M) is one of the nation’s premier retailers, operating about 885 stores in 45 states, the District of Columbia, Guam and Puerto Rico, under the names of Macy’s, Bloomingdale’s, Bloomingdale’s Outlet and Bluemercury, as well as the macys.com, bloomingdales.com and bluemercury.com websites. Prior to June 1, 2007, Macy’s was known as Federated Department Stores. […]
Green Bonds Boom Set Hit A Record This Year

Green Bonds Boom Set Hit A Record This Year

The green bonds boom is only growing in size. Today, rating agency Moody’s reported that green bond issuance hit a record high in the third quarter of this year demonstrating the expanding demand for ethically-labeled fixed-income instruments from investors. Green bonds were created to fund projects that have positive environmental and climate benefits with the majority of bonds […]
Cable Dumps’n’Pumps As EU Official Says No Brexit Talks Breakthrough

Cable Dumps’n’Pumps As EU Official Says No Brexit Talks Breakthrough

Brexit talks yielded no breakthrough on the financial settlement, and discussions focused on the issue of citizens’ rights, where the two sides are hoping for progress, an EU official told reporters. Bloomberg notes that the anonymous official added that no breakthrough was expected on the bill, as that would require high-level political input, and as Citi notes, this […]