Category Archive: Finance, No picture
October Jobs Report: 250K New Jobs, Unemployment Rate At 3.7%
This morning’s employment report for October showed a 250K increase in total nonfarm payrolls, which was much better than forecasts. The unemployment rate remained at 3.7%. The Investing.com consensus was for 193K new jobs and the unemployment rate to remain at 3.7%. Here is an excerpt from the Employment Situation Summary released this morning by the Bureau of Labor […]
Alibaba Posts Bottom Line Beat
Alibaba reports quarterly earnings of 9.60 RMB per share and revenues of 85.148 billion RMB.
Morning Call For Friday, Nov. 2
Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.82%) this morning are up +0.77% and European stocks are up +1.14%, both at 1-1/2 week highs, on optimism the trade conflict between the U.S. and China will soon be resolved. President Trump reportedly asked key cabinet secretaries to draw up a draft to signal a ceasefire in […]
Sensex Ends 580 Points Higher; Auto And Metal Stocks Witness Buying
Share markets in India continued their momentum during closing hours and ended the week on a strong note. Sectoral indices were trading on a positive note with stocks in the auto sector and metal sector leading the gains. At the closing bell, the BSE Sensex stood higher by 580 points (up 1.7%) and the NSE Nifty closed up by 173 points (up 1.7%). The BSE […]
US Approves Waivers On Iranian Oil Imports As Supply Panic Fades
With oil prices already extending the drop from their highs as the trader “panic attack” identified by celebrated energy analyst Art Berman abates, and approaching a bear market from recent highs, a Friday morning report from Bloomberg will likely ensure that prices continue to move lower. According to an anonymous “senior administration official”, the US will soon approve waivers for […]
Stocks And Precious Metals Charts – As The Blood Flows – Madness For Your Minds And Hearts
“The mood among Germans is really bad.There is a lot of frustration and verrohung. The common people work and can hardly make ends meet. Envy and resentment are widely spread in Germany.When both the global financial crisis and the euro disaster come back with a vengeance, things will get pretty nasty.You don’t have to be […]
E A Review Of Three Stocks: LUV, DAL, AAL
Let’s look at some of the airline stocks: Delta, Southwest and American Airlines. Video Length: 00:12:20
ISM New Orders Posts Lowest Reading In Nearly 2 Years
The ISM reported this morning that The October PMI® registered 57.7 percent, a decrease of 2.1 percentage points from the September reading of 59.8 percent. The New Orders Index registered 57.4 percent, a decrease of 4.4 percentage points from the September reading of 61.8 percent. On Tuesday I said that “the first thing I am looking for is […]
Biotech ETFs In Focus On String Of Q3 Earnings Beat
Though the biotech sector is down in October, it shows promise for the long-term due to a wave of mergers & acquisitions and a positive regulatory backdrop. Strong Q2 earnings results have also added to the strength as most of the biotech giants such as Amgen Inc. (AMGN – Free Report), Gilead Sciences (GILD – Free Report), Biogen Inc. […]
