Archives by Month:

Archives by Year:

Fed On Course For December Rate Hike: 5 Bank Picks

Fed On Course For December Rate Hike: 5 Bank Picks

As was widely expected, the Fed kept interest rates unchanged at the end of its latest two-day policy meeting. However, it indicated that gradual increases are in store in the near future. It also expressed confidence in the economy while noting that business investment has slowed somewhat. However, it refrained from sounding alarmist on issues […]
RecessionAlert Weekly Leading Index Update – Friday, November 9

RecessionAlert Weekly Leading Index Update – Friday, November 9

The latest index reading came in at 9.6, down from the previous week. RecessionAlert launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes that WLEI […]
USD/CAD Bulls Break Resistance, Traders Eyeing Summer Highs

USD/CAD Bulls Break Resistance, Traders Eyeing Summer Highs

USD/CAD has broken out of its 4-month bearish channel this week, potentially opening the door for further strength in the coming week.
Fed Avoids Discussion On Stock Market Volatility

Fed Avoids Discussion On Stock Market Volatility

Fed Changes Little In Its Statement As expected, the Fed kept the Fed funds rate the same which is in between 2% and 2.25%. As I have discussed in previous articles, ever since Powell took the helm as Fed chair, the Fed statement has been short and has provided little detail into the Fed’s thinking. […]
September 2018 Headline Wholesale Sales Improved?

September 2018 Headline Wholesale Sales Improved?

The headlines say wholesale sales improved month-over-month with inventory levels remaining elevated. Our analysis shows a deceleration of the rate of growth for the rolling averages. Analyst Opinion of this month’s Wholesale Sales Overall, I believe the rolling averages tell the real story – and they declined this month. Even with this month’s decline of […]
Big US Stocks’ Q3’18 Fundamentals

Big US Stocks’ Q3’18 Fundamentals

The widely-held mega-cap stocks that dominate the US markets are just wrapping up another blockbuster earnings season. Sales and profits soared largely due to Republicans’ massive corporate tax cuts. Still these lofty stock markets are vulnerable to serious downside, as October’s brutal plunge proved. Such extreme revenue and earnings growth cannot persist, and valuations remain […]
Play Exxon Mobil’s Q3 Earnings Beat With These 3 Funds

Play Exxon Mobil’s Q3 Earnings Beat With These 3 Funds

Exxon Mobil Corporation’s (XOM – Free Report) third-quarter earnings exceeded expectations. The oil and natural gas behemoth’s strong third-quarter results were aided by robust oil and gas prices as well as healthier fuel margins. Exxon Mobil’s encouraging earnings results had a positive impact on the energy sector and boosted investors’ sentiment. Following the promising development, investing in […]
5 Things That Precede Major Bottoms In Gold

5 Things That Precede Major Bottoms In Gold

The recent weakness in Gold and gold mining stocks is not over. In fact, we are worried about another leg down getting underway. If that comes to pass, we are positioned to profit from it. But I digress. Long-term oriented investors and speculators should be aware of the near-term trends but they should also be […]
Why Chinese Authorities Are Freaking Out

Why Chinese Authorities Are Freaking Out

It’s always a fine line for authorities. There are times when avoiding intervention is more effective than intervention. That’s particularly true when the efficacy of whatever proposed policy is in doubt. If you don’t know for sure that it will work, maybe don’t do it. There are often grave risks associated with plunging forward recklessly. […]
67 Firms Going Ex-Dividend Next Week, Including Starbucks, Microsoft And GlaxoSmithKline

67 Firms Going Ex-Dividend Next Week, Including Starbucks, Microsoft And GlaxoSmithKline

There are several well known large cap stocks going ex-dividend next week including the following fifteen Top 100 Dividend Stocks: Consolidated Edison, Cummins, Kroger, Microsoft, Starbucks, United Technologies, Amgen, Emerson Electric, Duke Energy, Simon Property Group, GlaxoSmithKline, AmerisourceBergen, Phillips 66, Southern Company and United Parcel Service. Ex-dividend dates are important to dividend investors because one must own […]