Category Archive: Finance
Short The Rally Tomorrow?
Stocks end the day flat. We have been watching the weekly expected move for a long time now and fading the SPY when it hits those targets. We are once again hitting the upper end of the expected move in the SPY. Watch tonight’s video to find out about a low risk trading opportunity for […]
This One Change Could Turbocharge France’s Economy
If there’s one thing that defines modern-day France, it’s stringent labor laws that make it hard to lay workers off. A “job for life” might be exaggerating, but such laws — “once hired, hard to fire” — have been a key feature of the social compact that’s largely defined France and much of the rest […]
The Thick Of Earnings
“Tell me and I forget. Teach me and I remember. Involve me and I learn.” – Benjamin Franklin No summer doldrums as we move well through earnings. We’re seeing some super, super moves and more look to be ready to go. I do love to take more time off during summer but that is always […]
Microsoft Corporation Q4 2017 Earnings: Shares Rise On Strong Results
The Microsoft Q4 2017 earnings were released after closing bell tonight. For its fourth fiscal quarter, the technology firm reported non-GAAP earnings of 98 cents per share on $23.3 billion in GAAP revenue or $24.7 billion in non-GAAP revenue, compared to the consensus estimates of 71 cents per share and $24.3 billion in revenue. In last year’s […]
S&P 500 Snapshot: Index Continues To Climb
The S&P opened near its daily high and oscillated around a 9 point range, closing in the middle, just below yesterday’s all-time high. The index saw a fractional daily loss of 0.02% and a YTD gain of 10.48%. The U.S. Treasury puts the closing yield on the 10-year note at 2.27%. Here is a daily […]
AMZN Slides After Hours On Report Of FTC Probe
Just last week we noted that the one entity that could ‘out-Amazon’ Amazon – the US government – was beginning to ask if Bezos’ company was too big? Tonight we got our first glimpse as the FTC sent a shot across the world’s 2nd richest man’s bow, probing allegations of illegal discounting. Reuters reports, that as part of its […]
EC No Flip Flop In Europe
Well, that clears that up. In case you missed it, back on June 27 Mario Draghi triggered the latest declared BOND ROUT!!! with what was characterized as a very upbeat economic assessment for Europe. And if things are moving forward there, they just have to be everywhere else. It came off as “hawkish” in the sense […]
E Bitcoin Investors: A Diagnosis
From what I’ve gathered there are 3 types of Bitcoin investors. Their strategies and mantras vary and there are two things they have in common. The first is simply being bullish on Bitcoin. Type 1 is the most common and in my opinion the most apt. This investor first heard about Bitcoin sometime in the last […]
Credit Spreads Tightest Since 2007
Spreads Tighten But Retail Is Weak Many investors are focused on the record highs in the S&P 500 and the Nasdaq and the VIX staying below 10 for another day, but I think the biggest story of Wednesday’s trading session is the tightening of bond spreads. As you can see from the chart below, the […]
Stock Exchange: Sizzling Summer Picks In Discretionary Spending
Our last Stock Exchange took a deep dive into the earnings season. If you missed it, a glance at your news will show that the key points remain relevant. This Week — Consumer Discretionary Spending Heats Up Our experts are picking up on this week’s theme in a big way. From luxurious cruises to hip new threads, […]
