Category Archive: Finance
The Slow Storms Are The Most Dangerous
Hurricane Harvey is rocking gasoline prices and distillate prices. The market is viewing this as mainly a refining event. Yet with the nature of this storm changing and the possibility it will be a slow mover, it could spark not only refining issues but production levels as well. Not only could a slow-moving storm shut […]
Splunk Inc. Shares Climb Up On Better Than Expected Earnings
Splunk Inc. (SPLK), a global software solutions company, yesterday reported their fiscal second quarter 2017 financial results. Splunk reported adjusted second quarter earnings of $0.08 per share which beat analyst expectations of $0.06 per share. SPLKreported second quarter revenues of $280 million which fell short of analyst expectations of $268.7 million. Splunk Inc. CEO’s Comments “I […]
Headline Durable Goods Orders Plummet In July, Largest Drop In Two Years
The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in July decreased $16.7 billion or 6.8 percent to $229.2 billion, the U.S. Census Bureau announced today. This decrease, […]
Dividend Or Growth Stocks – The Best Investment
Should I Invest In Dividend Or Growth Stocks? To someone learning how to invest in the stock market, the amount of options you have can be somewhat overwhelming. Stocks, bonds, annuities, options, forex, ETFs. It can all be a little too much to think about. I’m going to take a little time to go over […]
Bull Of The Day: Tyson Foods (TSN)
Founded in 1935 and headquartered in Springdale, Arkansas, Tyson Foods (TSN) is one of the largest food companies in the world. They produce, distribute and market chicken, beef, pork, prepared foods and related products. They currently operate in the US, China, and India and sell food all over the world. Their products are marketed and sold primarily […]
Morning Call For Friday, August 25
OVERNIGHT MARKETS AND NEWS Sep E-mini S&Ps (ESU17 +0.25%) this morning are up +0.24 and European stocks are up +0.29% ahead of speeches later today from Fed Chair Yellen and ECB President Draghi at the Kansas City Fed’s annual symposium in Jackson Hole, WY. A +0.43% rally in Sep COMEX copper (HGU17 +0.53%) to a […]
EC A Quant Manager Takes Aim At The Cult Of VIX
Cliff Asness, co-founder of AQR Capital Management, has a request: “Please Stop Talking About the VIX So Much.” The popular risk metric, which tracks the implied volatility of the S&P 500, has been unusually low, at least its latest pop. Obsessing over the VIX, however, is getting under his skin. “When people talk about the VIX they […]
5 Interesting Facts About The USD
The U.S. dollar, referred to as the USD, is the staple of the financial system and is used in virtually every corner of the globe. Beyond being one of the world’s biggest currencies, the greenback has some interesting hidden gems you may not have heard of before. Below are five fascinating facts about the USD […]
This Bitcoin Price Chart Predicts A 2,200% Gain By 2021
Most Bitcoin charts tell you where the price of the cryptocurrency has been, but this Bitcoin price chart tells you where it’s going. And it’s going higher – exponentially higher. This chart makes a Bitcoin price prediction of $10,000 by December 2018, $20,000 by the fall of 2019, and $100,000 by mid-2021. The chart plots the Bitcoin price from 2011 to […]
USD/JPY And AUD/USD Forecast – Friday, August 25
USD/JPY The US dollar rallied during the day on Thursday, showing signs of support yet again. The 110 level above being broken to the upside should be a buying opportunity, and I think that it’s only a matter of time before the market reaches even higher. However, this is a situation where we are waiting […]
