Category Archive: Finance
March 2016 Conference Board Employment Index Again Declined
The Conference Board’s Employment Trends Index – which forecasts employment for the next 6 months declined suggesting “with GDP barely growing at a two percent rate, it’s difficult to see how employment can continue to expand by 200,000 or more jobs per month.” Consider that this projected growth is six months from now. Econintersect is forecasting […]
Five Tech Stocks That Crushed The Market In March 2016
The year 2016 started off with some of the most volatile trading in recent times. Slowdown in the Chinese economy coupled with sliding oil prices set off alarm bells every now and then at all the major domestic indexes, fueling concerns of a global economic slowdown. “March” to the Rescue However, things started improving in […]
Three Snowstorms To Hit Northeast – Heating Oil Prices To Spike
Winter is blasting the Northeast in April. Three snowstorms back to back to hit the Northeast, it appears winter is lasting longer than usual for this part of the country. Natural gas futures have spiked, HO Futures haven`t moved much yet. Video length: 00:02:33
Oil Prices Fall Again On Doubts Over Output Limits
Crude oil prices fell again below $40 per barrel following comments by Saudi Arabia’s officials that it would only limit production if other leading oil manufacturers would agree to do the same. Even though the statement by the deputy crown prince Mohammed bin Salman referred to the entire group of the world’s largest oil producers, […]
DAX 30 Trades Higher Ahead Of Eurozone Unemployment Report
The DAX 30 (FXCM: GER30) is up by 0.28 % at the time of writing. Telecommunications and Information Technology Sectors are the biggest losers, down by 0.39% and 0.15% respectively (delayed), whilst those gaining are the Utilities and Health Care sectors, both up by 1.29% and 0.89% respectively. The ECB low of 9397, carved out […]
ISM New York Drops To September Lows As All Components Decline; Employment Plunges
While last week’s Chicago’s PMI staged a strong bounce from its recent contraction and back into expansion, New York did not. ISM New York just printed at 50.4, just barely above the contraction point, and the lowest headline print since mid 2015. The extremely noisy time series continues to swing, this time lower, with every […]
Rayno Biopharmaceuticals: New Buy Idea – Roche Plc.
Roche/Genentech Has a Strong Pipeline in Diagnostics and Therapeutics to Drive Moderate Growth in 2016 New Stock Pick: Roche Holding (RHHBY) $30.36 Over the past 3 months we recommended several new buys for the Rayno Biopharma Portfolio emphasizing moderate growth, relative safety and dividend plays. Three large cap biopharma stocks were previous picks: Abbvie (ABBV), […]
The Stock Whisper Of The Day: GDX, RIO, GFI, USO
Hot stocks of the day: GDX, RIO, GFI, USO Video length: 00:05:22
Think The Market Will Reach A New High? Here’s Why We Don’t
Stocks are once again rallying after another “mini crash” at the start of the year. We’ve had three of these things since October 2014 without much to show for it. As Adam warned Boom & Bust readers earlier this week, stocks have basically gone nowhere for a year and a half. After the first crash in late […]
AUD, NZD Fall As US Dollar Trades Mixed
Today’s Economic events Japan Monetary Base y/y 28.50% vs. 28.70% Australia MI inflation gauge m/m 0.0% vs. -0.20% previously Australia building approvals m/m 3.10% vs. 2.10% Australia retail sales m/m 0.0% vs. 0.40% ANZ Job Advertisements m/m 0.20% vs. -1.20% previously Eurozone Sentix investor confidence 5.7 vs. 6.9 Eurozone unemployment rate 10.30% vs. 10.30% UK […]
