Category Archive: Finance
Why Deviating From Global Bond Weighting Is Smart Indexing
When it comes to equity indexing I am a huge fan of trying to replicate something pretty close to global cap weighting. There are mountains of evidence showing that anything other than this is a recipe for poor performance. But when it comes to bonds the story is very different. In fact, more active bond […]
Timberland Bancorp Earnings Per Share Increased 24% To $0.42 For Its Second Fiscal Quarter Of 2017
Timberland Bancorp, Inc. (Nasdaq: TSBK) (“Timberland” or “the Company”) today reported net income of $3.13 million, or $0.42 per diluted common share, for its second fiscal quarter ended March 31, 2017. This compares to net income of $2.38 million, or $0.34 per diluted common share, for the quarter ended March 31, 2016, and net income of […]
A Matter Of How Much Hot Air
A hot air balloon is made of a fabric gas bag (envelope) with an opening at the bottom. Attached to the envelope is a basket that carries passengers. The burner, fueld by propane, injects a flame which heats the air within. Hot air balloons cannot fly beyond the atmosphere. Much the same can be said […]
Illumina Q1 Earnings Rise, 2017 Forecast In-Line
Written by StockNews.com Illumina, Inc. (ILMN) late Tuesday posted solid first quarter earnings results and offered a mixed outlook, with second quarter guidance well below the street, but full-year estimates in-line with expectations.
Chinese Stocks Give Up Trump Gains As $1.7 Trillion Source Of Funds Unwinds
The Chinese and U.S. stock markets are going in opposite directions, as an intensifying crackdown against leverage has slammed the recently ‘stable’ Shanghai Composite over the past week, erasing all post-Trump gains. The relationship between the two markets is the weakest since August 2008 – just before the collapse of Lehman unleashed chaos on the global financial system. Bloomberg […]
Dow Jones News: Dow Surges 232 Points As Wall Street Cheers President Trump’s Tax Reform Push
The Dow rallied over 200 points thanks to increased optimism President Donald Trump will be able to push pro-growth economic policies through Congress in 2017. Let’s look at the numbers from Tuesday for the Dow, S&P 500, and Nasdaq: Closing Bell April 25, 2017 Trading Point Gain/Loss Percentage Gain/Loss Dow Jones 20,996.12 + 232.23 + 1.12% S&P 500 […]
Tariffs Are Good For Inflation
The news of the day Monday – at least, from the standpoint of someone interested in inflation and inflation markets – was President Trump’s announcement of a new tariff on Canadian lumber. The new tariff, which is a response to Canada’s “alleged” subsidization of sales of lumber to the US (“alleged,” even though it is common […]
Bulls Have Breathing Room
The second day of gains has severely stressed any shorts left in the market. Volume rose in confirmed accumulation as buyers pushed markets well away from nearest support. Best of the action belonged to the Dow Jones Industrial average with recovering ‘buy’ triggers in the MACD and +DI/-DI. The S&P didn’t quite match the Dow, nor […]
Q1 Earnings Reports Heavy After The Bell: T, X, CMG, WYNN
Companies as vast and well-known as AT&T (T – Free Report) , U.S. Steel (X – Free Report) , Chipotle (CMG – Free Report) have all reported Q1 earnings after the closing bell, with typically varying results. Let’s touch on a few of the highlights: Chipotle, benefiting from a year-over-year comp relating to last year’s […]
AT&T Meets Q1 Earnings Forecast, Adds 2.7 Million Wireless Customers
AT&T Inc. (T – Free Report) just released its first quarter fiscal 2017 financial results, posting adjusted earnings of 74 cents per share and revenues of $39.4 billion. Currently, T is a Zacks Rank #3 (Hold), and is up 1% to $40.34 per share in trading shortly after its earnings report was released. Matched earnings […]
