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Current Analysis: Flowers Foods

Current Analysis: Flowers Foods

Image Source: PexelsFlowers Foods Inc (FLO) is an American company producing bakery food for retail and food service across the United States.The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants.The key brands are Nature’s Own, Whitewheat, Cobblestone Bread, Wonder, Dave’s Killer Bread, Canyon Bakehouse, […]
Michigan Sentiment Surprises

Michigan Sentiment Surprises

Michigan Sentiment (Prel) Surprises on the upside. But the disjuncture between (inverted) misery and sentiment (and confidence) continues.Figure 1: Michigan Consumer Sentiment (blue, left scale), and Conference Board Consumer Confidence (tan, left scale), both normalized to 2021M01=0; and inverted Misery Index (green, right inverted scale). November Misery Index uses nowcast for CPI as of 12/8/2023. NBER defined […]
Hidden Gems: 2 Top Ranked Stocks Flying Under The Radar

Hidden Gems: 2 Top Ranked Stocks Flying Under The Radar

Image Source: UnsplashDuring a year like 2023, when many stocks are acting well, it can be easy to miss some top performers. However, for discerning investors, this can be an advantage because fishing where others aren’t make for rich waters.While many investors are focused on big tech stocks, and the magnificent seven, less exciting companies still […]
How Much Did The Huge 412,000 Birth-Death Adjustment Impact October’s Job Report?

How Much Did The Huge 412,000 Birth-Death Adjustment Impact October’s Job Report?

Image Source: PixabayLast month the BLS padded unadjusted jobs by 412,000. Curiously, not even the BLS can tell us how that impacted the headline-reported job gains.Understanding the Birth-Death ModelEvery month, for 10 years, I added this caution in my jobs report Birth Death Model Starting January 2014, I dropped the Birth/Death Model charts from this report. The birth-death […]
Resistance Emerges For Interest-sensitive Instruments After A Soaring Rally

Resistance Emerges For Interest-sensitive Instruments After A Soaring Rally

Image Source: PixabayInterest-sensitive instruments have been on a rocket ship from October 23rd until this week. It looks like, at last, we discovered a point of resistance that actually mattered: the price gap I’ve highlighted below.More By This Author:Crypto’s Triumph And Precious Metals’ Plunge: A Tale Of Contrasting Fortunes Perfect Fibonacci TagPictures Of Lilly
Metals Report For Friday, December 8

Metals Report For Friday, December 8

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:11:05More By This Author:SPDR ETF Report For Wednesday, December 6Financial Markets Report For Wednesday, December 6Metals Report For Wednesday, December 6
Goldman Says China Politburo “Less Dovish” As Policymakers Gear Up For 2024 Fiscal Support

Goldman Says China Politburo “Less Dovish” As Policymakers Gear Up For 2024 Fiscal Support

Image Source: UnsplashThe Politburo of the Chinese Communist Party held its monthly meeting on Friday. According to the statement, policymakers want to stabilize the economy and boost growth with more fiscal measures in 2024. State-run media Xinhua News Agency reported Politburo, which includes the ruling Communist Party’s top 24 officials and chaired by President Xi Jinping, plans to ramp […]
Morgan Stanley Sees A 65% Upside In First Solar Stock

Morgan Stanley Sees A 65% Upside In First Solar Stock

Image Source: Unsplash Morgan Stanley analyst upgrades First Solar Inc to “overweight” on Friday. Andrew Percoco says the solar stock has attractive risk-reward profile. First Solar stock is trading well below its typical pre-IRA P/E ratio. First Solar Inc (FSLR) has been in a downtrend over the past seven months but a Morgan Stanley analyst is convinced that […]
GBP/JPY Sees Thin Rebound On Friday, Falls Just Short Of 182.00

GBP/JPY Sees Thin Rebound On Friday, Falls Just Short Of 182.00

Image Source: Unsplash The GBP/JPY catches a soft bid to challenge 182.00 after a week of stubborn losses. The Yen surged on the week, bolstered by a hawkish BoJ. The Guppy heads into next week’s central bank showdown on the low side. The GBP/JPY eked out a small gain on Friday, finishing the day up a […]
Crypto’s Triumph And Precious Metals’ Plunge: A Tale Of Contrasting Fortunes

Crypto’s Triumph And Precious Metals’ Plunge: A Tale Of Contrasting Fortunes

Crypto has had an amazing year, month, and week. Below is the market for Ethereum over the past few days, and it is definitely holding on to its handsome gains.On Sunday, it looked for a few hours like gold got to play along with its digital cousin, but, boy, that didn’t last long. Precious metals have absolutely fallen to pieces this […]