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Retail Sales Have Been Weak Lately, But The Trend Is Still Positive

Retail Sales Have Been Weak Lately, But The Trend Is Still Positive

Consumer spending has been soft in recent months, prompting some analysts to forecast trouble for the economy later this year. Perhaps, but looking through the monthly noise continues to paint an upbeat profile for retail sales. The growth rate has decelerated lately, but the year-over-year comparisons remain upbeat. The stakes are high, of course. Consumer […]
WTI Crude Oil And Natural Gas Forecast – Thursday, March 15

WTI Crude Oil And Natural Gas Forecast – Thursday, March 15

WTI Crude Oil The WTI Crude Oil market went back and forth during trading on Wednesday, as we continue to bounce from the uptrend line that you see on the chart. The market tends to be very sensitive to this area, and I think that the $60 level is now essentially the most important level […]
Alexion Jumps After Blood Disorder Drug Succeeds In Head-To-Head Trial

Alexion Jumps After Blood Disorder Drug Succeeds In Head-To-Head Trial

Shares of Alexion (ALXN ) jumped in pre-market trading after the company said its rare blood disorder drug was successful in a late-stage study. WHAT’S NEW: The drug, ALXN1210, was being tested against another drug, Soliris, in a Phase 3 study in patients with paroxysmal nocturnal hemoglobinuria, or PNH. ALXN1210 was shown to be non-inferior […]
The Impact Of Fed Rate Hikes On Core Fixed Income

The Impact Of Fed Rate Hikes On Core Fixed Income

While fixed income strategists have called for rising rates in nearly every year since the financial crisis, 2018 has marked one of the worst starts for bond investors since 1996.1 With 10-year rates up more than 45 basis points (bps), many investors are questioning what if any changes they should be making to their portfolios. Central to […]
Largest US Radio Company Files For Bankruptcy

Largest US Radio Company Files For Bankruptcy

On Thursday, iHeartMedia – the largest radio conglomerate in the US – finally succumbed to its enormous debt burden and filed for a long-anticipated Chapter 11 bankruptcy protection (iHeartMedia Inc., 18-31274, U.S. Bankruptcy Court, Southern District of Texas) after the company and a majority of its creditors reached an agreement for a pre-pack deal to […]
EUR/USD, GBP/USD Bounce At Previous Tops Within Wave 4 Patterns

EUR/USD, GBP/USD Bounce At Previous Tops Within Wave 4 Patterns

GBP/USD 4 hour The GBP/USD made a break and pullback above the long-term resistance trend line (dotted red) and is now testing a lower time frame resistance level. The next break could be a bullish continuation within wave 5 (blue). Price will need to stay above the support trend lines (green) otherwise the uptrend is […]
Locating Distress In California’s Economy

Locating Distress In California’s Economy

California’s economy struggled in 2017, to the point where it was quite reasonable to ask if the state was experiencing a recession. In answering that question, we found that economic and employment data from multiple sources were consistent with recessionary conditions being present within the state, which is to say that some sectors of California’s economy were indeed […]
Sensex Finishes 150 Points Lower; Metal & Energy Stocks Fall

Sensex Finishes 150 Points Lower; Metal & Energy Stocks Fall

Indian share markets witnessed selling pressure in the afternoon session amid mixed Asian markets. At the closing bell, the BSE Sensex closed lower by 150 points and the NSE Nifty finished lower by 60 points. The S&P BSE Mid Cap finished up by 0.5% while S&P BSE Small Cap finished up by 0.8%. Losses were largely seen in FMCG stocks, oil & gas stocks and metal stocks. We […]
Manhattan Bridge Capital Aims For Improvements

Manhattan Bridge Capital Aims For Improvements

The Financial Services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurances, Savings, and all such financial concerns. Today I’m reviewing a credit services company. It’s a small cap stock, Manhattan Bridge Capital Inc. It’s trading ticker symbol is LOAN.  Manhattan Bridge Capital Inc originates, […]
Stocks To Trade: CLR, EA, WTW

Stocks To Trade: CLR, EA, WTW

Thursday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Continental Resources (CLR)   Long Electronic Arts (EA) Short Weight Watchers (WTW)