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March 2018 Industrial Production Improvement Trend Continues

March 2018 Industrial Production Improvement Trend Continues

The headlines say seasonally adjusted Industrial Production (IP) improved month-over-month. Our analysis agrees. Analyst Opinion of Industrial Production There was insignificant revision to the existing data over the last 6 months. The best way to view this is the 3 month rolling averages which improved. Industrial production is in a long term upward trend. Manufacturing […]
New Residential Building Permits: 1.35M In March

New Residential Building Permits: 1.35M In March

The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for March new residential building permits. The latest reading of 1.354M was an increase from a revised 1.321M in February and above the Investing.com forecast of 1.330M. Figures were revised going back to January 2012. Here is the opening of […]
Implied Expectations Are For 20.1% Earnings Growth In Q1

Implied Expectations Are For 20.1% Earnings Growth In Q1

Bank Of America Reports Similar Results On Monday morning, Bank of America reported earnings. This is the last of the big 4 banks to report. The results were similar to the others as earnings beat estimates. Because the stock fell in sympathy with the other results on Friday, it rallied on Monday along with the overall […]
10 Undervalued Stocks For The Enterprising Investor – April 2018

10 Undervalued Stocks For The Enterprising Investor – April 2018

There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the ten most undervalued companies reviewed by ModernGraham. Each company has been determined to be suitable for the Enterprising Investor according to the ModernGraham approach. Defensive Investors are defined as investors who are not able or willing to do substantial […]
Cryptos Roaring Back, But For How Long?

Cryptos Roaring Back, But For How Long?

As predicted towards the end of last year, Cryptos have trended lower—much lower—throughout the first few months of 2018. From a contrarian investor’s perspective, this came as no surprise, as the masses rushed into the streets and those who scarcely could say the word “Cryptocurrency” dove in with both feet. This is always a red-hot […]
Synchronized Global Slowdown On Crushing Debt And Falling Free Cash Flow

Synchronized Global Slowdown On Crushing Debt And Falling Free Cash Flow

The Atlanta Fed is out today with its latest mark down in the US GDP growth estimate for Q1 2018: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 1.9 percent on April 16, down from 2.0 percent on April 10. The nowcast for first-quarter real […]
Signs Of Inflation Spreading: Now It’s Trucks And Teens

Signs Of Inflation Spreading: Now It’s Trucks And Teens

In a world of cheap emerging market labor and ever-more-dexterous robots, inflation – especially the wage-driven variety – seems like yesterday’s news. But maybe not. It’s late in the cycle and things are getting tight, with pretty much the same result as in every previous expansion: Companies are having to pay up and look farther […]
7 Stocks With Impressive Sales Growth To Keep An Eye On

7 Stocks With Impressive Sales Growth To Keep An Eye On

Sales growth is an important metric for any company, as it is a vital part of growth projections and instrumental in strategic decision-making. It provides an insight into product demand and pricing power. By monitoring this key metric over multiple time periods, one can easily understand a company’s growth trend. Sales growth is important to […]
Industrial Production +0.5 Percent But Manufacturing Weak At +0.1 Percent

Industrial Production +0.5 Percent But Manufacturing Weak At +0.1 Percent

Industrial production beat the consensus (ignoring revisions), but manufacturing was weak once again. The Fed’s Industrial Production and Capacity Utilization report shows production rose 0.5 percent in March. Details Industrial Production rose 0.5 percent in March after increasing 1.0 percent in February. Production advanced 4.5 percent at an annual rate for the first quarter as a whole. […]
NZD/USD Price Analysis: Deeper Correction Underway?

NZD/USD Price Analysis: Deeper Correction Underway?

The New Zealand Dollar reversed sharply off the yearly high-day close at 7390 on Friday. The pullback is now testing initial areas of support, which if broken, could clear the way for a larger correction in price. For now, here are the levels to consider. NZD/USD DAILY PRICE CHART Technical Outlook: In this week’s Technical Perspective, we highlighted that […]