Category Archive: Finance
Weekly Gasoline Price Update: Regular And Premium Up Three Cents
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are up three cents a piece from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.01 and San Francisco, CA is the most expensive city, averaging $3.04. […]
EUR/CAD To Break 1.45?
The euro rally came to a halt today on the back of softer Eurozone data and the recovery in the greenback. Manufacturing activity in the Eurozone slowed in the month of July, causing the PMI composite index to drop to 55.8 from 56.3. Service sector activity remained steady but that was not due to strength […]
Chipotle Mexican Grill, Inc., McDonald’s Corporation Q2 2017 Earnings Previews
Tuesday will bring us reports from two giants in the dining industry as we look for McDonald’s Q2 2017 earnings before closing bell and Chipotle Mexican Grill Q2 2017 earnings after closing bell. McDonald’s is believed to have received a boost from the changes it’s been making to its menu and franchises. However, Chipotle Mexican […]
Market Talk – Monday, July 24
A clear distinction was drawn between Shanghai (+0.4%), Hang Seng (+0.5%) and SENSEX (+0.7%) exchanges and the ASX (-0.6%) and Nikkei (-0.6%) as they both suffered declines. Some Chinese industrial profits have been encouraging, possible regulatory changes and improving economic data continue to support momentum. The yen trades comfortably with a 110 handle – a […]
A Litecoin Forecast: Will Litecoin’s Price Continue To Rise?
After multiple requests from readers to analyze other altcoins other than Ethereum and Bitcoin, we felt it was time to write our Litecoin price forecast. This article starts with an analysis of Litecoin’s current value which will be the basis for a Litecoin forecast (future potential). Our focus is on the following: What drove the current increase in […]
Monday, Monday: The Day In Charts
The Nasdaq outperformed, hitting (another) record ahead of some “bigly” earnings this week. Oil got a lift from Saudi jawboning in St. Petersburg: This is what did it, from Al–Falih: Exports need to be incorporated in oil-cuts monitoring, Saudis are capping exports at 6.6m b/d “This is all news that’s been out there before, but he […]
Missing Money Inverts
There was a funny sort of Congressional exchange all the way back in November 2005 that in a weird way defines our world today. At the nomination proceedings on whether to confirm Ben Bernanke as Alan Greenspan’s successor, Senator Jim Bunning of Kentucky wanted the prospective Fed Chairman to first answer for M3. It had […]
Critical Juncture For Equity Markets
Yes, it’s the middle of the summer, and yes, volatility is extremely low! And, no, I’m not calling for a top here in stocks. But, what I am concerned is what the key averages (Dow Jones Industrial Average, S&P 500 Index and the Nasdaq Composite) are doing from a pure technical perspective. Looking back at […]
Google Beats, But Stock Slides On Tumble In Cost-Per-Click
Google, aka Alphabet, reported Q2 earnings that beat on the top and bottom line, reporting EPS of $5.01, above the estimate of $4.45, and earnings per share excluding the $2.7 billion European Commission fine of $8.90, also above the $8.25 expected. Total Q2 revenue of $26.01 billion rose 21% Y/Y, and also beat consensus of […]
