Archives by Month:

Archives by Year:

November 2018 Initial Unemployment Claims Rolling Average Worsens

November 2018 Initial Unemployment Claims Rolling Average Worsens

The market expectations for weekly initial unemployment claims (from Econoday) were 210 K to 215 K (consensus 215,000), and the Department of Labor reported 216,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 213,750 (reported last […]
A Penny Stock With A 23% Yield

A Penny Stock With A 23% Yield

  TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.  It’s not often you find a stock trading for less than $2 that yields 24%. But that’s the situation with Ferrellgas Partners (NYSE: FGP). The stock has been annihilated this year, falling more than […]
Jefferies Says Buy Neurocrine After Yesterday’s ‘Unwarranted’ Selloff

Jefferies Says Buy Neurocrine After Yesterday’s ‘Unwarranted’ Selloff

  Jefferies analyst Biren Amin tells investors to buy shares of Neurocrine Biosciences (NBIX) after hosting a dinner with management. Management shared thoughts on the Ingrezza launch and dispelled recent safety concerns, noting the company rigorously reports the majority of adverse events found in the FDA database and that none of the 88 deaths reported […]
Jobless Claims Steady

Jobless Claims Steady

This week’s report on jobless claims was slightly higher than expected coming in at a level of 216K versus estimates for 214K, but what has been pretty remarkable is how consistent claims have been over the last four weeks. On 10/19, claims came in at 216K, the next week they were 215K, the week after […]
The Failing Trump Navarro Trade War

The Failing Trump Navarro Trade War

The United States seems to be losing the ill-conceived Trump-Navarro trade war. The evidence of this loss continues to mount. Here is an important Bloomberg catalog of specific facts and items and actions. (Note that this is not “fake news.”) “These Products Show How Hard It’ll Be to Beat China in Trade War”. Meanwhile, Peter […]
October Retail Sales: Up 0.8% MoM, Beats Forecast

October Retail Sales: Up 0.8% MoM, Beats Forecast

The Census Bureau’s Advance Retail Sales Report for October was released this morning. Headline sales came in at 0.8% month-over-month to one decimal and was better than the Investing.com forecast of 0.6%. Core sales (ex Autos) came in at 0.67% MoM (to two decimals). Revisions were made to the last two months. Here is the introduction from […]
Franklin Resources (BEN) Dividend Stock Analysis

Franklin Resources (BEN) Dividend Stock Analysis

Franklin Resources Inc. (BEN) is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. This dividend champion has paid dividends since 1981 and managed to increase them for 37 years in a row. The most recent dividend increase was in December 2017, when the Board of […]
October 2018 Import And Export Price Year-Over-Year Inflation Again Worse Than Expected

October 2018 Import And Export Price Year-Over-Year Inflation Again Worse Than Expected

Year-over-year import prices and export prices grew more than expected. Analyst Opinion of the Import / Export Price Situation Month-over-month price index for fuel imports increased (and non-fuel imports were little changed) – and the price index for agricultural commodities declined. Import Oil prices were up 3.3 % month-over-month, and export agricultural prices were down […]
Italian Yields Spike After Salvini Advisor Warns Italy Will Exit Eurozone If League Wins Majority

Italian Yields Spike After Salvini Advisor Warns Italy Will Exit Eurozone If League Wins Majority

As if there wasn’t enough non-stop chaos out of the UK as the fate of Brexit and Theresa May is being decided on Twitter, between flashing red Bloomberg headlines, and media speculation and rumors, moments ago Italy decided to remind everyone just how unstable its own political situation is, when Claudio Borghi, chief economic advisor […]
Gold Confiscation And Manipulation

Gold Confiscation And Manipulation

Owning gold is life insurance and wealth preservation. Anyone who has lived through hyperinflationary periods in the Weimar Republic, Zimbabwe, Argentina or Venezuela understands the importance of gold. But it is not enough just to own gold or silver. It is also extremely important how you hold it and where you hold it. We have […]