Category Archive: Finance
Five Tips To Successful Investing In Stocks
Investors can use different strategies and styles to pick up stocks and build a portfolio, but to become successful investor no matter what strategy you use, you have to build and follow rules that lead you to your financial goals. The financial market changes all the time, but there are basic principles that remain forever. […]
Consumer Price Index: September Headline At 2.2%
The Bureau of Labor Statistics released the September Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 2.23%, up from 1.94% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 1.69%, up fractionally from the previous month’s 1.68%. Here is the introduction from the BLS […]
September 2017 CPI: Year-Over-Year Inflation Rate Now 2.2%
According to the BLS, the Consumer Price Index (CPI-U) year-over-year inflation rate was 2.2 % – growing from than last month’s 1.9 %. The year-over-year core inflation (excludes energy and food) rate was again unchanged 1.7 %, and is below the target set by the Federal Reserve. Analyst Opinion of the Consumer Price Index Energy was the […]
Markets: Thirteenth Schmirteenth
Well, it’s that oh-so-spooky day of bad luck, Friday the 13th, and… new highs everywhere. Everything, and I mean everything, is up. ES? New lifetime highs. NQ? New lifetime highs. Even gold, which usually is punished on strong equity days… roaring higher: …which I suspect will continue if the USD/JPY continues to cycle downward. And, […]
J.B. Hunt (JBHT) Q3 Earnings Miss Estimates, Sales Beat
J.B. Hunt Transport Services Inc. (JBHT – Free Report) delivered mixed results in the third quarter of 2017. The company reported lower-than-expected earnings per share but better-than-expected revenues. This transportation company’s earnings of 91 cents per share missed the Zacks Consensus Estimate of 96 cents. The bottom line also dipped 6.2% on a year-over-year basis due to higher […]
Energy Stocks Testing Key Breakout Level, Says Joe Friday
Just The Facts- Energy ETF (XLE) has lagged the S&P 500 by a large margin over the past three years, reflected in the chart below. The chart above reflects that XLE has underperformed the S&P 500 by nearly 60% over the past three years. Could this large underperformance turn into an opportunity? Sure could! Check out the […]
Core CPI Stays Below Fed Mandate For 6th Straight Month
Core CPI has now been below the Fed’s 2% mandate for 6 straight months, printing a 1.7% YoY gain in September (weaker than the expected 1.8% rise). Headline CPI bounced back above 2% however, led by a 6.1% surge in Energy costs… The index for all items less food and energy increased 0.1 percent in September following […]
E Bitcoin: Financial Elites Are Getting Involved
At least two things; they hold important positions within the global financial system and they are positive about the potential of cryptocurrencies and/or Bitcoin (BITCOMP). These are landmark statements. So far most of the support for cryptocurrencies had to come from people with a good understanding of tech. Like Bill Gates or Peter Thiel. Now, […]
3 Reasons To Consider Infrastructure Investment
My way or the highway, the old saying goes. In the institutional investment community, my way includes the highway might be more appropriate. In certain cases, up to 17% of the total assets in an institutional investor’s portfolio are invested in infrastructure today, according to data from the Ontario Municipal Employees Retirement System (OMERS) 2016 Annual Report.2 […]
Morning Call For Friday, Oct. 13
OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ17 +0.08%) this morning are up +0.06% and European stocks are up +0.15% on the prospects that that the ECB will extend its QE program for 9 months until Sep 2018. According to the report, an unnamed official said the ECB will reduce its bond purchases in half […]
