Category Archive: Finance
Add These 5 Internet Of Things (IoT) Stocks To Your Watch List
The Internet of Things (IoT) term refers to the connection of previously unconnected things to the Internet, so that they can collect data or automate processes, and the IoT market will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025 according to […]
Novartis Has Acquired An Exclusive License To Use Parvus Therapeutics’ Platform For Diabetes
The pharma giant’s Novartis (NYSE: NVS) Institute of Biomedical Research now has the exclusive license to use Parvus Therapeutics’ platform for diabetes, coming in with an unspecified package of milestones, an upfront, research support and an equity stake to seal the deal. Written by John Carroll Parvus has been operating for the last few years on about […]
Japanese Trade Surplus Slumps To 14-Month Lows As Exports, Imports Surge
Japanese adjusted trade balance tumbles over 500 billion yen in March (after surging around 500 billion yen in February) as lunar new year effects washed out and left the lowest trade surplus since January 2016. Exports (up 12% YoY) and Imports (up 15.8% YoY) both soared at the fastest pace in years. Japan’s exports expanded for a […]
Fantasyland Reality Check: Fed’s Beige Book Makes Impossible Claims In At Least 3 Places
The Fed’s Beige Book, a summary of economic activity in 12 Fed regions, claims modest wage increases broadened, manufacturing expanded, and light vehicle sales strengthened. Let’s investigate those claims in detail, emphasis mine, then do a reality check on those ideas. Overall Economic Activity Economic activity increased in each of the twelve Federal Reserve Districts between mid-February and […]
American Express Soars On Q1 Earnings And Revenue Beat
American Express Company (AXP – Free Report) released its 2017 first quarter financial results, posting earnings of $1.34 per share and revenues of $7.9 billion. Currently, American Express is a Zacks Rank #3 (Hold) and is up 2.38% to $77.40 per share in trading shortly after its earnings report was released. Beat earnings estimates. The company posted […]
U.S. Steel Falls As Recovery In Energy Sector Falters
Shares of U.S. Steel (X) closed lower, along with the price of crude oil. With U.S. Steel’s prospects so closely tied to crude prices, shares of the steel maker fell with the drop in crude, after stockpiles dropped less than expected in the latest week. U.S. oil prices almost 4% percent Wednesday with an intraday […]
Numbness Is How It Happens
The more I look back the more I am convinced that this version of “reflation” was born Japanese. It all seemed to turn around in early July 2016, the very week that whispers of the, for some, long-sought “big one.” It was all over the financial press all around the world. Having gone as far […]
Dance Hall Girls And Profits For Fifteen Minutes
Yesterday, we explored the myths and truths of the old Wild West and the current Wild Market. Back in the day, rowdy frontier towns gave rise to saloons, which in turn gave rise to the “saloon girl.” The “saloon girl,” had many dfferent names, most with connotations of ill-repute. Nonetheless, saloon girls were hired to […]
5 Mid Caps For Momentum Investors – Wednesday, April 19
Today I wanted to find 5 Mid Cap stocks that would be of interest to Momentum Investors. I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more. It just so happened that […]
