Category Archive: Finance
Dr.Copper’s False Hope – “We’ve Seen All This Before, Too Many Times”
Copper prices surged to the highest levels since May 2015 in the last few days, prompting the ubiquitous “must mean the economy is doing well” narrative from every hope-fuelled reflationist. There’s just one problem, we’ve seen all this before too many times. The most recent spike in copper prices has been explained by the news that China may ban imports […]
The Toxic Fruit Of Financialization: Risk Is For Those At The Bottom
One of the most pernicious consequences of financialization is the shifting of risk from the top of the wealth-power pyramid to the bottom: those who benefit the most from financialization’s leveraged, speculative credit bubbles protect themselves from losses while those at the bottom of the pyramid (the bottom 99.5%) face the full fury of financialization’s formidable […]
Three Big Names To Keep An Eye On
Intel Corporation (INTC): Information Technology – Semiconductors | Reports July 27th, AMC. The Estimize consensus calls for EPS of $.69, one cent higher than the Wall Street consensus and an increase of 15% YoY. Currently, the Estimize community is looking for sales of $14.46B, which is roughly inline with the Street ($14.41B). Check out the […]
Stanley Black & Decker : 140 Consecutive Years Of Dividend Payments And Powerful Brands
Stanley Black & Decker (SWK) has paid dividends for 140 consecutive years and increased its payout for the past 49 consecutive years. Next year, Stanley Black & Decker will join the exclusive dividend kings list, which consists of companies that have raised their dividend for at least 50 straight years. These businesses are rare and typically […]
Inflation Is Not About Consumer Prices
I suspect President Trump has been told that markets don’t like radical changes. If there is one thing that any elected official is afraid of, it’s the internet flooded with reports of grave financial instability. We need only go back a year to find otherwise confident authorities suddenly reassessing their whole outlook. On the campaign […]
Decision Day
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 97 = 21,711 SPX + 0.7 = 2477 NAS + 10 = 6422 RUT – 8 = 1442 10 Y – .05 = 2.28% OIL – .08 = 48.67 GOLD + 10.50 = 1261.10 BITCOIN + 0.70% = 2568.14 USD ETHEREUM – 2.22% […]
The Medium-Term Trend – Wednesday, July 26
We are probably near the top of the short-term cycle according to this chart. It doesn’t mean stocks are about to head lower, but I think it does mean that the best time to buy stocks has passed. At this stage, I am limiting new purchases and more likely to take partial profits. The PMO […]
Buffalo Wild Wings Misses Q2 Estimates, Shares Plunge
Buffalo Wild Wings (BWLD – Free Report) released its second quarter fiscal 2017 earnings results, posting earnings of $0.66 per share and revenue of $500 million. Currently, Buffalo Wild Wings has a Zacks Rank #5 (Strong Sell), and it is down 8.48% to $112.10 in after-hours trading shortly after its earnings report was released. Buffalo Wild Wings: […]
As The VIX Crashes To Record Lows, Here’s An Incredible Stat
Right, so as you’re probably aware by now, just as the Fed decision hit, the VIX did this: Blame the machines. Whatever. Probably best to just call it a sign of the times. Of course the statement was dovish and all else equal that means the vol. seller’s paradise gets a new lease on life, […]
