Category Archive: Entertainment
Tip Toppy Tuesday – Markets Make Record Highs On Record Low Volume
Another day, another new high. Yawn. We’d be a lot more impressed if all the gains for the day didn’t come pre-market – in the even thinner-traded futures, followed by a day of choppy trading on anemic volume. Still, it is what it is and what it is is another new high and […]
Weekly Gasoline Price Update: Regular Drops Another Seven Cents
It’s time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny Regular dropped another seven cents and Premium six. Regular is now at its lowest price since November 2010. Will the price decline in gasoline boost discretionary spending as we approach the holiday season? Stay tuned! According […]
Futures In Fresh Record Territory As OECD Cuts Global Growth Projections Again
Just two months after the OECD cut its global growth outlook, overnight the Organisation for Economic Co-operation and Development cut it again, taking down its US, Chinese, Japanese but mostly, Eurozone forecasts. In the report it said: “The Economic Outlook draws attention to a global economy stuck in low gear, with growth in trade and investment […]
E Large Cap Best & Worst Report – November 25, 2014
Since 2010, our top scoring weekly has outpaced the SPX by a median 376 bps in the following year. The best performers from our list one year ago are MU up 69%, RCL up 62%, FB up 61%, AAPL up 56%, HPQ up 51%, and THI up 45%. Healthcare is the best large cap sector. […]
Campbell Cuts Fiscal ’15 View Despite Strong Q1 Earnings
Campbell Soup Company (CPB – Analyst Report) has made an encouraging start to fiscal 2015, with better-than-expected first-quarter results. The company’s adjusted earnings from continuing operations for the quarter increased approximately 12% year over year to 74 cents per share and came a penny ahead of the Zacks Consensus Estimate. On a reported basis, too, […]
Morning Call For November 25, 2014
OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ14 +0.08%) this morning are up +0.08% and European stocks are up +0.79% at a 2-month high. European bank stocks gained and government bond yields dropped to record lows on the prospects for further easing by the ECB after the OECD said the ECB should expand its monetary […]
Why This 23% Rally In 20 Days May Not Be Over With
Click on picture to enlarge I often get ask….”What does an ideal Power of the Pattern set up look like?” For us and ideal set up has these common features – Support/channel lines come into play, along with a Fibonacci support/resistance level and a bullish or bearish wedge pattern is near completion. When it comes […]
Ebay Halts Popular Same-Day Delivery
High operational costs are making eBay Inc. (NASDAQ:EBAY) rethink how its same-day delivery system should operate going forward heading into the busy holiday shopping frenzy. The giant online retail store has already pulled down its eBay Now from App stores as it tries to plan its next course of action. The company’s spokesperson already confirmed […]
Q4:2014 US GDP Nowcast: +2.1%
US economic growth is on track to decelerate in this year’s fourth quarter, based on The Capital Spectator’s median point forecast for several econometric estimates. Today’s initial GDP estimate for the final three months of 2014 anticipates an increase of 2.1% (real seasonally adjusted rate) — a substantially lower rate vs. the 3.5% pace in […]
