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Monster Beverage Slides As It Fights To Stop Potential Coca-Cola Competition

Monster Beverage Slides As It Fights To Stop Potential Coca-Cola Competition

Shares of Monster Beverage (MNST) are sliding following the company’s quarterly report, along with which the company revealed an energy drink dispute with Coca-Cola (KO). This morning, Morgan Stanley analyst Dara Mohsenian downgraded Monster to Equal Weight, citing possible Coke competition, while his peer at Stifel reiterated a Buy rating on the stock and recommended […]
Rail Week Ending Saturday, November 3: Combined Movements Up 2.6% For October

Rail Week Ending Saturday, November 3: Combined Movements Up 2.6% For October

Week 44 of 2018 shows same week total rail traffic (from same week one year ago) improved according to the Association of American Railroads (AAR) traffic data. Although the economically intuitive sectors improved this week – the rolling averages declined. Analyst Opinion of the Rail Data Rail improved this week but the overall rate of growth in […]
Tableau Counting On Product Upgrades For Market Expansion

Tableau Counting On Product Upgrades For Market Expansion

According to a recent report published by SBWire, the global Data Visualization Applications Market is currently growing at an annualized rate of 10% each year. The market growth is driven by escalation in big data, advancements in visualization software, and the increasing need for faster decision making. Another report published earlier this year estimates the data […]
Jobless Claims Inline With Expectations

Jobless Claims Inline With Expectations

Jobless claims came in right in line with expectations this morning falling from 215K last week to 214K. With this week’s report, claims have now been at or below 300K for a record 192 straight weeks, at or below 250K for 57 straight weeks, and at or below 225K for 18 straight weeks. The four-week […]
Trip Fell

Trip Fell

My big winner this morning is Ctrip.com, symbol CTRP which was down almost 20% after earnings: I’ve gone ahead and covered it, but I would cheerfully re-short it on any bounce, since past patterns have tended to push prices all the way down to the major supporting trendline. And, I’ve got to say, I was pretty optimistic about today until I […]
Oil Price Outlook Mired By Ongoing Oversold RSI Signal

Oil Price Outlook Mired By Ongoing Oversold RSI Signal

CRUDE OIL TALKING POINTS Crude remains under pressure as the United States grants waivers on the Iran sanctions in an effort to curb energy prices, and oil remains vulnerable ahead of the weekend as the Relative Strength Index (RSI) stubbornly sits in oversold territory for the first time since 2017. OIL PRICE OUTLOOK MIRED BY ONGOING OVERSOLD RSI SIGNAL […]
Setting Markers For A 2019 Slowdown In The Jobs Market

Setting Markers For A 2019 Slowdown In The Jobs Market

How might a slowdown (not a recession, but a decline in growth to the 1%-2% YoY range in GDP) that I’ve been forecasting for around midyear 2019 manifest itself in the employment arena? One of my mantras is that “hiring leads firing.” In other words, companies slow or stop their hiring plans, or cut back […]
Prices When Gold Is Money

Prices When Gold Is Money

We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced by what for millennia has been the people’s money, gold. Do we even wish it? Given what […]
Wages Jump As Inflation Takes Hold Of The Economy

Wages Jump As Inflation Takes Hold Of The Economy

As I warned yesterday, the political outcome of the midterms if FAR less important than what is happening in the real economy. What is happening in the real economy is that inflation has hit the point at which corporations are raising prices to the degree that Americans are demanding higher wages to compensate. Wages and […]
10 Undervalued Cryptocurrencies With Great Potential For 2019

10 Undervalued Cryptocurrencies With Great Potential For 2019

Everyone’s wants to find those elusive undervalued cryptocurrencies & altcoins with strong upside and long-term potential. While some believe that the cryptocurrency market is beginning to show signs of stabilization, it’s no secret that the market has been in decline for the better part of 2018. Of course, the declining market cap of the cryptocurrency […]