Category Archive: Finance, No picture
Low-Risk ETFs Taking Off On Rising Tariff Threats
Though the U.S. stock market is advancing to the peak level it set in late January on surging corporate profits and an accelerating economy, trade tensions are blocking the road of the bulls. This is especially true as tensions between the world’s largest economies flared up once again this week. Escalating Trade Tensions In the […]
Are These Sectors A Sell?
(Video length 00:09:20) With the market stalling into resistance, we look beneath the index to the nine major sectors for clues and opportunities of what to trade next during the likely – though not guaranteed – sell swing. We highlight Financials, Technology, and Retail in our sector check-up tonight….
Overstock.com Soars After Its Blockchain Sub Gets PE Investment At $1.5BN Valuation
Online retailer Overstock reported results which, unlike its much more famous and infinitely bigger online retailing peer Amazon, were nothing special: the company reported Q2 revenues of $483 million, generating a net loss for the quarter of $2.20 on a gross margin of 19% in the quarter. But the company’s earnings were not the reason […]
Better Buy: Nike Vs. Adidas
Shares of Adidas (ADDYY – Free Report) soared over 9% Thursday after the German sportswear company reported strong second-quarter results, boosted by e-commerce expansion and growth in North America and China. But rival Nike (NKE – Free Report) also thrived in its most recent quarter. So let’s take a look at which sportswear stock looks like the better buy […]
The Greek Tragedy Is Far From Over
Last week, Greece received $17 billion from its creditors, representing the final installment of the country’s third bailout since 2010. This is the last one. Really. Stop laughing. There’s no doubt the Southern Mediterranean country has endured a lot of pain over the last eight years. To revamp their economy, the Greeks cut back on public […]
DXY Index Hovering Below Fresh Yearly Highs Ahead Of July US CPI
The US Dollar (via the DXY Index) has made very little progress this week, not entirely unsurprising given the relatively quiet economic calendar. But the end of the week may see a change in trading conditions as the only ‘high’ rated event on the economic calendar is due out when the July US Consumer Price […]
Comments On US Markets And Gold
(Audio length 00:12:34) Rick Ackerman joins me today to share his updated technicals and thoughts on the US markets. We also discuss the precious metals and proxies he uses to trade.
Disney Disappoints: ETFs To Watch
While this earnings season continues to show broad-based strength like the last couple of quarters, The Walt Disney Company (DIS – Free Report) disappointed investors by missing on both the top and bottom lines. Earnings in Focus Earnings per share came in at $1.87, missing the Zacks Consensus Estimate by 10 cents but increasing from the year-ago […]
Producer Price Inflation Flat, Well Under Consensus, Bond Yields Tumble
Economists expected the Producer Price Index would jump in July. Instead, the PPI was flat and bond yields tumbled. This morning, the BLS released Producer Price Index (PPI) report for July. Key Points PPI for final demand is unchanged in July. Final demand prices advanced 0.3 percent in June and 0.5 percent in May. On an unadjusted […]
