Archives by Month:
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
December 2017 Job Cuts Lowest Year Since 1990
from Challenger Gray and Christmas U.S.-based employers announced 32,423 job cuts in the last month of the year, bringing the year-end total to 418,770. That is the lowest annual total since 1990*, when 316,047 cuts were recorded. Said John Challenger, Chief Executive Officer of Challenger, Gray & Christmas, Inc. The retail pivot that caused […]
Weekly Unemployment Claims: Up 5K, Worse Than Forecast
Here is the opening statement from the Department of Labor: In the week ending December 30, the advance figure for seasonally adjusted initial claims was 250,000, an increase of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 245,000 to 247,000. The 4-week moving average was 241,750, […]
Tesla, Inc. Stock Slides As Q4 17 Deliveries Fall Short
Tesla, Inc. (Nasdaq: TSLA) disappointed investors yet again during the fourth quarter by missing its production target for the Model 3. Tesla Q4 2017 deliveries totaled 29,870 vehicles, a slight miss versus the FactSet consensus of 30,000. Of that total, the consensus was expecting 4,100 Model 3 cars, but the automaker delivered only 1,550 of its mass-market […]
Can The Fed Really Boost Bond Yields?
One of the biggest issues with predictions of rising 10-year bond yields since “bond bears” came out in earnest in 2013, is they have been consistently wrong. For a bit of history, you can read some of my previous posts on why rates can’t rise in the current environment. Bond Bears & Why Rates Won’t Rise Why Bonds Aren’t […]
Passive Perfect
The passive investors – – which is just about everyone at this point – – continue to reign supreme. New lifetime highs across the board, as ES completes its measured move: ……and NQ continues to vault above its former triangle…….. Of course, the biggest move overnight is making a certain Sloper I know […]
Domino’s Pizza Upgraded To Outperform From Neutral At Credit Suisse
Credit Suisse analyst Jason West upgraded Domino’s Pizza (DPZ) to Outperform and raised his price target for the shares to $220 from $205. The shares closed yesterday up $4.72 to $191.66. The stock has sold off sharply from recent highs, despite “significant upside”: to forward earnings around tax reform, West tells investors in a […]
Some Folks In Japan Were Ready To Buy Some Goddamn Stocks After The Holiday
Boy, I’ll tell you what, Donald Trump’s “nation of Samurai warriors” came back from the break on a mission to buy some goddamn stocks. Although this was to be expected (they’re effectively playing catch up), the Nikkei soared a truly incredible 3.3% on Thursday. That’s the best gain in more than a year and markets […]
Crack Down
Iran’s Revolutionary Guard says it put a stop to the protests in Iran, yet the oil traders are not that convinced. After many arrests and over 20 dead, the Iranian people are tired of being left out of the global economic surge. At the same time, the global economic surge is draining U.S. and global […]
November 2017 Leading Index Review: Growth Rates Mixed
This post is a review of all major leading indicators follows – and their trends are generally indicating stronger growth. Analyst Opinion of the Leading Indicator Forecasts Most of the leading indicators are based on factors which are known to have significant backward revisions – and one cannot take any of their trends to the bank. […]
Tech Stocks Still Lead US Sectors For One-Year Trend
Technology shares continue to post the strongest trend performance for US equity sectors, based on a set of ETFs ranked by one-year return. Although most sectors are posting year-over-year gains, the annual pace for tech remains notable for its outsized advance vs. the rest of the field. Technology Select Sector SPDR (XLK) is up a […]
