Category Archive: Finance, No picture
Trump Hails “Single Greatest Agreement Ever Signed”
At the last possible moment, Trump made a deal with Canada. NAFTA is gone USMCA is in but details lacking. Goodbye NAFTA. Hello USMCA. It’s the “single greatest agreement ever signed”. What did it do? There are two ways to look at things. It prevented an absolute tariff disaster Hardly anything at all Curiously, both […]
Best ETFs & Stocks From The Top Sector Of Q3
Healthcare was the best-performing sector of the third quarter, jumping 14.1% — its highest quarterly gain since the first quarter of 2013. The dual tailwinds of encouraging industry fundamentals and the sector’s defensive tilt led to the rally in the sector. The wave of mergers and acquisitions also added to its strength. Solid Trends The […]
3 Small Cap Biotechs With Upcoming Catalysts
TM Editors’ Note: This article discusses one or more stocks that are, or have recently been, penny stocks. Such stocks are easily manipulated; do your own careful due diligence. BiolineRx (BLRX) is slated to report on complete data at the European Society for Medical Oncology (ESMO) from the KEYNOTE-202 study. This study evaluates the company’s […]
Is The Stock Market Cheap? As Of Oct. 1
Here is the latest update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly average of daily closes for the past month. For the earnings, see the table below created from Standard & Poor’s latest earnings spreadsheet. TTM P/E ratio = […]
E Is There Further Upside For CSX Corporation?
CSX Corporation (CSX) has enjoyed a breathless rally in the last two years and has thus outperformed the market by a wide margin. During this period, the stock has rallied 138% whereas S&P has advanced 35%. The big question is whether there is further upside for the stock. CSX provides rail, rail-to-truck, and intermodal transport […]
Stitch Fix Reports Q4 Adjusted EPS Of 17c
StitchFix (SFIX) reports Q4 revenue $318.3M, consensus $318.61M. The adj. EPS of 17c may not compare to consensus 4c. “Q4 was another strong quarter for us,” said Stitch Fix Founder and CEO, Katrina Lake. “We grew our active client count 25% year over year and delivered $318.3 million in net revenue and $11.1 million in […]
Oil Price Forecast: Bullish Behavior To Persist As Crude Clears July High
OIL TALKING POINTS Oil clears the July-high ($75.24) as the Organization of the Petroleum Exporting Countries (OPEC) and its allies show no interest in combating higher energy prices, and crude may continue to exhibit a bullish behavior as it initiates a series of higher highs & lows after breaking out of a narrow range. OIL PRICE FORECAST: BULLISH […]
World Markets Update – Monday, Oct. 1
Four of eight indexes on our world watch list have posted gains through Monday, October 1, 2018. The top performer this year is our own S&P 500 with a gain of 9.39%. In second is India’s BSE SENSEX with a gain of 8.02%. In third is Tokyo’s Nikkei 225 with a gain of 6.50%. Coming […]
E A First Look At The US-Mexico-Canada Agreement On Trade
From Canada’s perspective, the new US-Mexico-Canada Agreement (USMCA) to replace NAFTA is somewhat akin to the medical oath in which doctors promise —–above all else “do no harm”. On balance, Canada comes away with its core principles intact with some adjustments that do no real damage to the Canadian economic structure. Considering the threats issued […]
Real Disposable Income Per Capita In August
With the release of Friday’s report on August Personal Incomes and Outlays, we can now take a closer look at “Real” Disposable Personal Income Per Capita. At two decimal places, the nominal 0.26% month-over-month change in disposable income was trimmed to 0.15% when we adjust for inflation. This is down up from the 0.26% and 0.09% […]
