Category Archive: Finance
Billion Dollar Unicorns: DraftKings Faces Hurdles
According to Juniper Research, the entry fee revenues in the fantasy sport industry are estimated to grow from $2.6 billion in 2016 to $5.3 billion by the year 2020. However, the industry is witnessing several legal and regulatory concerns that have slowed down the growth of Billion Dollar Unicorn DraftKings. DraftKings’ Offerings Boston-based DraftKings was founded by VistaPrint alumni Matt Kalish, Paul […]
Regions Financial (RF) Q2 Earnings Beat On High Revenues
Have you been eager to see how Regions Financial Corporation (RF – Free Report) performed in Q2 in comparison with the market expectations? Let’s quickly scan through the key facts from this AL-based popular bank’s earnings release this morning: An Earnings Beat Regions Financial came out with adjusted earnings per share of 25 cents, beating the Zacks Consensus […]
The Stock Whisper Of The Day: USO, MSFT, GE, CHL
Hot stocks of the day: USO, MSFT, GE, CHL Video length: 00:04:59
Is It Worth Investing In Palladium?
Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals. As the chart below shows, palladium has been generally cheaper than platinum – its more expensive substitute in industrial use and jewelry. Chart 1: The palladium to platinum ratio (red line, right axis), the […]
Junk Bonds Are Finally Starting To Care About Oil
Back in May, we pointed out an interesting observation made by Goldman: unlike late 2015 and most of 2016, when equities demonstrated surprising resilience to the swoon in oil prices, in 2017 OPEC’s failure to stabilize oil prices finally hit energy equities disproportionately. As Goldman said in mid-May, discussing the latest crude oil sell-off, which has been “even more […]
USD At New Lows As EUR Hits 2-year High; CAD In Spotlight
Video length: 00:11:42 The US Dollar has sunk into its lowest levels since August 2016 as the Euro surge following the European Central Bank rate decision yesterday has continued. With the Euro now at a two-year high versus the US Dollar, the DXY Index (being comprised of 57.6% Euro) has been punished. The market reaction […]
Moody’s Corporation, General Electric Company Q2 2017 Earnings
The General Electric Q2 2017 earnings and Moody’s Q2 2017 earnings reports were released before opening bell this morning. GE posted adjusted earnings of 28 cents per share on $29.56 billion in revenue, compared to the consensus estimates of 25 cent per share on $29.14 billion in revenue. In last year’s second quarter. The company […]
Here’s A Market That’s ‘Unambiguously Stretched’
Regular readers know that we, much like at least one or two credit strategists we’ve spoken with at one of the major banks, believe that when it comes to Teflon assets, credit has in fact been the poster child for resilience. Sure, vol. is low across the board, but the extent to which spreads have […]
10 Low PE Stock Picks For The Enterprising Investor – July 2017
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected 10 low PE stocks for the Enterprising Investor. These companies have the lowest PEmg (price / normalized earnings) ratio out of all companies reviewed by ModernGraham. Each company has been determined to be suitable for the Enterprising Investor […]
Russia Is All The Rage
For oil and the markets, Russia is all the rage. There is the big OPEC/non-OPEC pow-wow in Russia and reports that Special Prosecutor Robert Mueller is opening an investigation into President Donald Trump’s business transactions with Russia one day after the President said that that would be a red-line for him. Of course Robert Mueller […]
