Category Archive: Finance
U.S. Steel Crashes After Slashing Guidance By More Than 50%
One day after Trump slammed Canada with a lumber tariff, somehow managing to send lumber future prices limit down on the CME, he is faced with another, far more credible crisis: the terrible guidance just released by US Steel (X) in particular, and the fate of the US Steel industry – and China’s adverse impact […]
Texas Instruments Q1 Earnings Beat, Q2 Outlook In-Line
Written by StockNews.com Texas Instruments Incorporated (TXN) late Tuesday posted market-beating first quarter earnings and offered an in-line outlook for the second quarter.
“Throwing In The Towel” – US Stock Market Shorts Hit 10-Year Low
It appears the bears have almost fully “thrown in the towel” as short interest in the US equity market’s most liquid ETF has tumbled to its lowest since May 2007. In fact, the last time shorts were this dis-spirited was just as the S&P 500 began its rounded top and freefall from a previously “permanently high plateau.” (we […]
Defining Labor Economics
Economics is a pretty simple framework of understanding, at least in the small “e” sense. The big problem with Economics, capital “E”, is that the study is dedicated to other things beyond the economy. In the 21st century, it has become almost exclusive to those extraneous errands. It has morphed into a discipline dedicated to […]
Beasley Broadcast Group – Chart Of The Day
The Chart of the Day belongs to Beasley Broadcast Group (BBGI). I found the radio stations stock using Barchart to sort today’s Top Stocks to Own list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more. Sine the Trend Spotter signaled a buy in 4/12 the stock gained 28.74%. Beasley Broadcast Group is one […]
Should You Skip On TripAdvisor’s Dip?
Ever since Trip Advisor rolled out their Instant Booking platform to become a one-stop shop for travel, their stocks have been suffering. Do we think it is all going downhill from here? Or do we think this is just a teething phase and its a good time to buy on the dip before it rebound? […]
Market Talk – Tuesday, April 25
Monday’s Asian trading needed to see Europe and the US reaction before getting too carried away and that is probably what we saw today. With all core indices seen making strong progress we saw another good day for the Nikkei (+1.1%), a healthy 1.3% return for the Hang Seng and KOSPI whilst the Shanghai and […]
Volatility Crashes, New Tech Highs, And 2000 Vs. 2017
It’s only Tuesday, but what a week it’s been thus far in the equity markets… Volatility Crashes On Monday we saw the 4th largest decline in history for the Volatility Index (VIX), a 25.9% drop. This crash in volatility may sound familiar as #7 (post-election, 11/9/16) and #11 (post-Brexit. 6/28/16) also occurred within the last year. With […]
