Category Archive: Finance, No picture
E Down Nearly 60% From Its 52-Week High, Is L Brands Worth Purchasing?
L Brands’ (LB ) stock, a member of the Wilshire 5000 Total Market Index, has struggled this year, declining 56.1%. After such a drastic drop, are shares of L Brands a bargain today? Let’s look at the company’s background, earnings results and dividend to see. Company Background L Brands was born in 1963 as “The […]
St. Louis Fed: 60% Of Jobs Automated In Next 20 Years (Spotlight Transportation)
A St. Louis Fed Study concludes 60% of St Louis Jobs face automation threats. 80% of transportation jobs will vanish. Please consider 60% of District’s Jobs Could Face Automation in the Next 20 Years. Advances in technology are almost always considered positive because they increase productivity and ease frustration of completing simple, menial tasks. However, technological […]
King Dollar Versus The Anti-Poles
A broad consensus has emerged that the dollar needs to take an extended breather if ex-U.S. risk assets are going to have any hope of stabilizing. There’s nothing particularly novel about that assessment. Persistent dollar strength in the face of Fed tightening is obviously EM negative and the fact that years of accommodative DM policy […]
The Trending Fed
MARKETS, ECONOMIES & INSTITUTIONS ALL TREND Everyone has heard the adage that “the trend is your friend.” It always amazes me how, despite the historical evidence supporting this principle, human nature requires that we embark on a never-ending quest to pick tops – to find divergences and indicators that support the notion that the trend […]
The Origins Of Labor Day
[This post originally ran on Labor Day, 2011.] It’s clear that the first Labor Day celebration was held on Tuesday, September 5, 1882, and organized by the Central Labor Union, an early trade union organization operating in the greater New York City area in the 1880s. By the early 1890s, more than 20 states had […]
Factors Likely To Decide Casey’s Fate In Q1 Earnings
Casey’s General Stores, Inc. (CASY – Free Report) is expected to report first-quarter fiscal 2019 results on Sep 4. In the trailing four quarters, this operator of convenience stores has underperformed the Zacks Consensus Estimate by an average of 12.7%. In the last reported quarter, the company delivered a negative earnings surprise of 25%. Let’s delve deeper and […]
Web 2.0 Business Vs. Politics
This week we follow up on the performance of the social media stocks relative to the Nasdaq. In short the names, I review in today’s video continue to lag and I believe that the wounds are self-inflicted. […]
Another Month, Another Missed Tesla Goal
Tesla did not come close to its stated goal of 6,000 Model 3s per week in August. Actual production 4,300. Despite missing the goal in August by 28%, Electrek, Tesla’s preferred analytical website says Tesla misses Model 3 production goal of 6,000 units per week, but on track for overall Q3 goal. Electrek has learned that […]
5 Companies For Enterprising Investors Near 52 Week Lows
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the five undervalued companies reviewed by ModernGraham trading closest to their 52 week low. Each of these companies has been determined to be suitable for the Enterprising Investor according to the ModernGraham approach. Defensive Investors are defined as […]
In Argentina: ‘Emergency’
On Sunday evening, we noted that Argentina will spend the next couple of days trying to figure out how to restore confidence after President Mauricio Macri accidentally triggered a fresh leg lower for the peso with an epic communications kerfuffle last week. The currency (which went into free fall earlier this year), dove more than 7% last Wednesday when […]
