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The Death Of Buy And Hold: We’re All Traders Now

The Death Of Buy And Hold: We’re All Traders Now

The percentage of household assets invested in stocks fell from almost 40% in 1969 to a mere 13% in 1982, after thirteen years of grinding losses. The conventional wisdom of financial advisors–to save money and invest it in stocks and bonds “for the long haul”–a “buy and hold” strategy that has functioned as the default […]
WTI/RBOB Rebound After Inventory Data Despite Record Production

WTI/RBOB Rebound After Inventory Data Despite Record Production

RBOB has given up its post-API gains and RBOB is sliding into the DOE data but both jumped as Gasoline inventories drew down and crude’s build was bigger than the whisper number. Production jumped to a new record high. Notably, Bloomberg Intelligence Energy Analyst Fernando Valle points out that the prospect of a trade war raised by U.S. President […]
February 2018 ADP Job Growth Is 235,000

February 2018 ADP Job Growth Is 235,000

ADP reported non-farm private jobs growth at 235,000. Analyst Opinion of ADP Employment Situation This month the rate of ADPs private employment year-over-year growth remained in the tight range seen over the last year. ADP employment has not been a good predictor of BLS non-farm private job growth. The market expected from Bloomberg / Econoday […]
Billion Dollar Unicorns: Will Apptio Expand Internationally?

Billion Dollar Unicorns: Will Apptio Expand Internationally?

Researchers estimate the global IT Business Management (ITBM) sector to grow at more than 20% annually over the next few years. The industry was estimated at a $2 billion market back in 2016. IT Business Management includes the IT Financial Management and Technology Business Management services. Bellevue, Washington-based Apptio (Nasdaq: APTI) is a leading vendor in […]
How Chinese Growth Is Changing

How Chinese Growth Is Changing

What many international observers continue to miss is that the deceleration of growth in China goes hand in hand with rapidly-rising living standards. In his annual work report, Chinese Premier Li Keqiang said on Monday that China aims to expand its economy by around 6.5 percent this year. While some of the leading international media […]
Brown-Forman Q3 Earnings Beat, Implements Stock Split

Brown-Forman Q3 Earnings Beat, Implements Stock Split

Brown-Forman Corporation (BF-B – Free Report), the world’s leading producer and distributor of premium alcoholic beverages, came out with third-quarter fiscal 2018 results, wherein adjusted earnings of 44 cents rose 15.8% year over year and came ahead of the Zacks Consensus Estimate of 41 cents. Earnings per share for the quarter takes into account the five for four […]
Bear Of The Day: J2 Global (JCOM)

Bear Of The Day: J2 Global (JCOM)

j2 Global, Inc. (JCOM – Free Report) is in a hot area of the market with cloud services and digital media, but this Zacks Rank #5 (Strong Sell) has missed on earnings the last four quarters. j2 Global is a mid-cap technology company with a market cap of $3.9 billion. It has two business segments: Cloud Services and […]
Trump’s Volley – Hoover’s Folly?

Trump’s Volley – Hoover’s Folly?

“You load sixteen tons, what do you get?Another day older and deeper in debtSaint Peter don’t you call me ’cause I can’t goI owe my soul to the company store” – Sixteen Tons by Tennessee Ernie Ford Shortly following Donald Trump’s election victory we penned a piece entitled Hoover’s Folly. In light of Trump’s introduction of tariffs […]
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                        Despite The Strong Economy And The Weak Dollar, The U.S. Inflation Rate Is Still Not Accelerating

E Despite The Strong Economy And The Weak Dollar, The U.S. Inflation Rate Is Still Not Accelerating

The American economy is particularly strong this year and the job market is virtually fully employed. Adding to the range of the potential concerns over increasing inflation, the U.S. dollar has been unusually weak, which also tends to stoke inflation. Nonetheless, a glance at the following chart suggests that inflation rate has been rather stable […]
What Investors Need To Know About The Implications Of Trump’s Tariffs

What Investors Need To Know About The Implications Of Trump’s Tariffs

A couple of days ago, I shared my view that President Trump’s tariff overtures are more than likely a negotiating tactic as he looks to tackle yet another of his campaign promises – international trade. The resignation of Gary Cohn on Tuesday, President Trump’s top economic adviser and the head of the National Economic Council, have certainly […]