Category Archive: Finance, No picture
The Big Four Economic Indicators; Industrial Production Up 0.3% In September
Note: This commentary has been updated to incorporate the September data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, […]
3 Stocks To Buy Ahead Of Q3 Earnings: PYPL, AXP, ETFC
Bank earnings helped kick off the busy part of third-quarter earnings season late last week. The week of October 15 is also chock-full of major earnings reports from giants like Netflix (NFLX – Free Report) and Morgan Stanley (MS – Free Report). With that said, let’s look at three other companies that seem like buys ahead of their quarterly […]
US Equities Mount Impressive Early Recovery
As fast as the downside breakout occurred, the upside recovery appears to be taking place as Q3 Earnings begin to hit the news wires. This past weekend, the news cycles and market experts all seemed to have opinions about where the US equities market was headed after last week’s price collapse. We’ve read everything from […]
IBM Falls On Mixed Earnings Results
CNBC’s Josh Lipton breaks down IBM earnings, which missed revenue expectations.
What Australia Can Teach President Trump About Trade
President Trump’s eyes might be on China with his latest tariff package now in effect, but he should instead look to Australia’s economic success through the 2008 global financial crisis for a smarter approach to trade policy. With ever-growing evidence that his policies will hit consumers with higher prices, Americans should be imploring Trump to think again. In […]
Sentiment Time
The one thing the globally synchronized growth narrative had going for it was sentiment. It often had that in surplus. But therein lies a major drawback; are people happy because things are getting better, or do they believe things are getting better because “everyone” says so? There’s a difference and it’s a big one. And […]
Cannabis Stocks Fall As Canada Prepares To Legalize Marijuana
Shares of cannabis stocks are dropping as Canada prepares to legalize marijuana sales on Wednesday, becoming the highest-profile country to tax, regulate and monitor cannabis’ growth, distribution and sale. BENCHMARK SAYS BUY TILRAY: On Tuesday, Benchmark analyst Mike Hickey initiated coverage of Tilray (TLRY) with a Buy rating and $200 price target, citing its early […]
JOLTS: Record Job Openings Vs. Hires, Two Interpretations
Job openings exceed new hires by a whopping 1.352 million. What’s it mean? The BLS Job Openings and Labor Turnover (JOLTS) shows openings reached a series high of 7.1 million. Job Openings On the last business day of August, the job openings level reached a series high of 7.1 million. The job openings rate was 4.6 percent. […]
