Category Archive: Finance, No picture
Pending Home Sales Fell Slightly In August
This morning the National Association of Realtors released the August data for their Pending Home Sales Index. Here is an excerpt from the latest press release: Lawrence Yun, NAR chief economist, says that low inventory continues to contribute to the housing market slowdown. “Pending home sales continued a slow drip downward, with the fourth month […]
Take The Precious Metal Tide Or End Up In Miseries
With global investment markets standing at crossroads, investors have the option to lose it all or to benefit from the biggest wealth transfer in history. I have quoted this passage from Shakespeare’s Julius Caesar many times but it is more appropriate than ever for the situation the world is now in: “There is a tide […]
Headline Durable Goods Orders Up 4.5% In August
The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in August increased $11.1 billion or 4.5 percent to $259.6 billion, the U.S. Census Bureau announced today. This increase, […]
Datawatch’s Future Value
Summary *)The turnaround for DWCH started quarter 4 2015. Near an average of 18% year over year quarterly revenue growth during the past two years. The accelerating growth was after costly strategic mistakes from 2013 to the end of 2015. *)Intrinsic value is improving from the increasing percentage of recurring revenue now at 60% expected to grow […]
BEA Leaves 2nd Quarter 2018 GDP Growth Essentially Unchanged At 4.16%
In their third (and final) estimate of the US GDP for the second quarter of 2018, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +4.16% annual rate, down an inconsequential -0.07% from their previous estimate and but still up +1.94% from the prior quarter. None of the reported revisions were […]
The Three Largest Cryptocurrencies – Thursday, Sept. 27
With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]
Hold Back The Barrels
Hold Back the barrels and we’ll have a barrel of fun. Hold back the barrels and we will get crude on the run. Zing boom tararrel, the breakout in oil is clear, now when you hold back the barrels the short fall is here. Oil prices tried to back off after the Energy Information Administration […]
3 Boring Companies Ready To Outperform
Seems like the well-known names and cannabis stocks are getting all the attention. But there are attractive opportunities out there that the market 1. hasn’t caught onto 2. doesn’t care about because it isn’t sexy enough Here are 3 that caught my eye and the criteria I’m using to find them. Searching Criteria While papers […]
Fed Turns More Hawkish In September. Is The Gold Case Lost?
Powell and Co. hiked again. And the FOMC removed the important phrase about “accommodative” stance. What now for gold? Yesterday, the FOMC published the monetary policy statement from its latest meeting that took place on September 25-26. In line with the expectations, the US central bank raised the federal funds rate by 25 basis points to the target range of […]
JPMorgan Sees 23% Upside In Apple Shares, Starts With Overweight Rating
JPMorgan analyst Samik Chatterjee initiated coverage of Apple (AAPL) with an Overweight rating and $272 price target. The shares closed yesterday down $1.77, or 1%, to $220.42. The analyst’s price target implies 23% upside from current levels. While Apple’s leadership position in the premium smartphone market is well understood by investors, its “faster-than-expected” transformation to […]
