Category Archive: Finance
Record Low Claims Show That Boiling Bubble Economy Will Push Fed Over The Cliff Soon
The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 264,000, beating the Wall Street conomist crowd consensus guess of 285,000. For the second time in 3 weeks the mainstream media headline writers crowed about the 15 year record low. In reality, on the basis of the actual data before […]
Gold Investment Demand Grows In Q1 2015
The World Gold Council (WGC) released its Gold Demand Trends report for the first quarter of 2015. The WGC considers 2014 a year of stabilization for the gold market, and the the first quarter of the year saw this trend continue. The supply-demand picture for gold remained relatively unchanged. However, looking to the rest of 2015, the […]
Huge Long Term Upside Available In Aetna
A) Introduction With the fears of decreased profitability arising from the Affordable Care Act now firmly gone, the market has begun to realize the great opportunity available in managed health care providers and insurers. Within this industry, Aetna Inc. (AET) has been by far the best performer. Aetna provides health insurance plans and coordinates the […]
Bonds Breaking Support, Is It Due To King Dollar Weakness
CLICK ON CHART TO ENLARGE Did key bond ETF’s create long-term double tops over the past couple of years? The above 3-pack takes a look at three different bond ETF’s. AGG and LQD earlier this year attempted to break above 2012 highs. At this time it looks like they failed and may have created double tops. […]
Second Quarter GDP Forecast: Blue Chip Vs. GDPNow; Where Might The Fed Be Wrong?
Following yesterday’s dismal retail sales report, inquiring minds may be interested in the Atlanta Fed GDPNow Forecast. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2015 was 0.7 percent on May 13, down slightly from 0.8 percent on May 5. The nowcast for second-quarter real consumer spending […]
Top-Ranked Analysts Are Bullish On Gilead Sciences, Inc.
Gilead Sciences (NASDAQ: GILD) has been a favorite among biotech investors due to its successful hepatitis C therapies; Harvoni and Sovaldi. However, the biopharmaceutical company is making headlines again with a new drug for gastric cancer; GS-5745. GS-5745 is advancing into Phase III testing in the third quarter, prompting RBC Capital analyst Michael Yee to reiterate an Outperform […]
Rail Week Ending 09 May 2015: Data Still Not Pretty. Rail Softness Continues
Econintersect: Week 18 of 2015 shows same week total rail traffic (from same week one year ago) declined according to the Association of American Railroads (AAR) traffic data. Intermodal traffic improved, which accounts for half of movements – but weekly railcar counts goes deeper into contraction. This analysis is looking for clues in the rail data to […]
Meet China’s Best Start-Up, Ever: OnePlus
China’s most successful startup? Ask people in China to name the country’s most successful and innovative new mobile phone brand and most will immediately declare Xiaomi. Ask tech-savvy Americans and Europeans and they will just as quickly suggest OnePlus. Though largely still unknown in China, Shenzhen-headquartered OnePlus, established less than 18 months ago, has achieved more success more […]
New Jobless Claims Nudge Down 1,000 To A New Interim Low
Here is the opening statement from the Department of Labor: In the week ending May 9, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of 1,000 from the previous week’s unrevised level of 265,000. The 4-week moving average was 271,750, a decrease of 7,750 from the previous week’s unrevised average of […]
U.S. Industrial Production: April 2015 Preview
No change is expected for US industrial production in tomorrow’s April report vs. the previous month, according to The Capital Spectator’s median point forecast for several econometric estimates. The median prediction of flat performance represents an improvement over March’s steep 0.6% decline. April forecasts of industrial activity based on recent surveys of economists range from […]
