October 2018 - Page 71 of 262 -

Earnings Wreck Continues: Texas Instruments Crashes After Slashing Guidance

Oct 23, 2018 Jeremy Parkinson Finance 0

After disastrous guidance from 3M (MMM), which was promptly downgraded to 2M by the market, and ugly commentary from CAT which while beating expectations warned that “manufacturing costs were higher due to increased material and freight costs,” adding that “material costs were higher primarily due to increases in steel prices and tariffs”, moments ago semiconductor […]

US Treasury Yield Curve Website, Today…

Oct 23, 2018 Jeremy Parkinson Finance 0

1) As of 8pm ET 10/22: Is it just me? I’ve tried 3 browsers and my iphone… https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/Historic-Yield-Data-Visualization.aspx. (try it yourself) Or is there something SecTreas Mnuchin doesn’t want us to know. Update, 10pm Pacific 10/22: [still no joy] For those curious, here is Friday’s yield curve. Source: BondSupermart. [Ed. note: As of 3:30pm ET 10/23….still […]

Three Stages Of Gold

Oct 23, 2018 Jeremy Parkinson Finance, No picture 0

For days after China shocked the world in August 2015, “devaluing” its currency seemingly out of nowhere, there was only confusion as to what had just happened. Going by nothing more than the mainstream media and economic narrative fed to it by central bankers and economists (redundant), you wouldn’t have known anything was wrong at […]

Mid-Term Elections Shouldn’t Hurt Stocks

Oct 23, 2018 Jeremy Parkinson Finance 0

Election Day is November 6th in America. The entire House of Representatives and one third of the Senate are up for election. This article will analyze what that means for the stock market. First, below is the University of Michigan chart. It shows consumer confidence in government economic policies. This index is mostly a combination of […]

3M Company (MMM) Earnings, Revenues Miss Estimates In Q3

Oct 23, 2018 Jeremy Parkinson Finance 0

3M Company MMM reported disappointing results for third-quarter 2018 with both earnings and revenues missing estimates. The company’s adjusted earnings in the reported quarter were $2.58 per share, missing the Zacks Consensus Estimate of $2.70. However, earnings recorded an increase of 10.7% from the year-ago tally of $2.33. In the third quarter, 3M Company’s net sales were $8,152 […]

USD/CAD Price Outlook: Canadian Dollar On The Edge Ahead Of BOC

Oct 23, 2018 Jeremy Parkinson Finance, No picture 0

USD/CAD testing critical resistance zone ahead of BOC – levels to know Check out our 3Q projections in our Free DailyFX Trading Forecasts Join Michael for Live Weekly Strategy Webinars on Mondays at 12:30GMT The Canadian Dollar has plummeted more than 1.4% month-to-date against the greenback with USD/CAD trading just below confluence resistance ahead of the Bank of Canada interest rate decision tomorrow. Here are the updated targets […]

Dollar, Gold, Odds Of Recession? Numerous Things More Important Than Midterms

Oct 23, 2018 Jeremy Parkinson Finance, No picture 0

A lame duck session in Congress is coming up. Realistically, it will last for the rest of Trump’s term. Other Things More Important FXSTREET asked me my opinion on the Midterm election and what it meant for the dollar. I replied that Tariffs, Iran, ECB actions, and Fed actions were more important. So are Brexit […]

Danger Zone: Most Expensive Mutual Funds

Oct 23, 2018 Jeremy Parkinson Finance 0

We often talk about the importance of holdings analysis when it comes to ETF and mutual fund research. After all, the performance of the holdings equals the performance of the ETF/mutual fund. However, holdings are just one of the drivers of future fund performance. Investors also need to pay attention to costs when picking a fund. […]

6 Reasons Why Texas Trumps All Other U.S. Economies

Oct 23, 2018 Jeremy Parkinson Finance 0

As many of you reading this know, I’m what you would call a Tex-Can. I was born and raised in Canada, but I’ve called Texas home for nearly 30 years. I can’t picture U.S. Global Investors headquartered anywhere else, even after traveling to all parts of the country and, indeed, the world. Texas just “gets […]

Money Is A YETI 110 Iced Down With Some Silver Bullets

Oct 23, 2018 Jeremy Parkinson Finance 0

When a brand name is woven into popular country songs it’s definitely made a mark. YETI Holdings (NYSE:YETI) will be coming public this week (prices Wednesday) and promises to be one of the next public niche consumer brands like Duluth Holdings (DLTH) and Canada Goose (GOOS). In short, we expect the IPO do well as a deal and in after-market […]