Category Archive: Finance, No picture
September Regional Fed Manufacturing Overview
Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a representative for the larger national manufacturing health. They have been used as a signal for business uncertainty and […]
Q2 GDP Third Estimate: Real GDP At 4.2%
The Third Estimate for Q2 GDP, to one decimal, came in at 4.2% (4.16% to two decimal places), an increase from 2.2% for the Q1 Third Estimate. Investing.com had a consensus of 4.2%. Here is the slightly abbreviated opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an […]
ETFs To Add After SurveyMonkey Blockbuster IPO
A leading global survey software company — SurveyMonkey — made its debut on Nasdaq under the ticker symbol “SVMK” on Sep 26. The IPO was strongly greeted by investors as its shares soared as much as 67% during the first day of trading and were up 43% at the close. SurveyMonkey has raised nearly $180 […]
The Important Trends Post Fed Rate Hike
Today we are seeing a lot of what we were expecting. Gold and Treasuries are down and the USD up. Also US markets up… but the markets don’t care what is said anyway. Chris Temple joins me to discuss all of the above with a particular focus on metals. (Audio length 00:13:00)
USD/JPY Price Outlook: Yen Decision Time As Rally Tests Yearly Highs
The Japanese Yen has continued to trade within the confines of an ascending pitchfork formation extending off the yearly lows with price now approaching resistance just ahead of the median-line/yearly highs. Here are the updated targets and invalidation levels that matter on the USD/JPY charts heading into the start close of September trade. Review this week’s Strategy Webinar for an in-depth breakdown […]
5 Top Apparel Stocks To Buy Before The Holidays Start
Retailers are set to hire a record number of workers for the upcoming holiday season. Moreover, with strong consumer confidence, higher wages, and record low unemployment, an increasing number of Americans are willing to spend more. Additionally, U.S. apparel retailers saw growth in same-store sales in August and are expected to maintain the momentum in […]
Pending Home Sales Fell Slightly In August
This morning the National Association of Realtors released the August data for their Pending Home Sales Index. Here is an excerpt from the latest press release: Lawrence Yun, NAR chief economist, says that low inventory continues to contribute to the housing market slowdown. “Pending home sales continued a slow drip downward, with the fourth month […]
Take The Precious Metal Tide Or End Up In Miseries
With global investment markets standing at crossroads, investors have the option to lose it all or to benefit from the biggest wealth transfer in history. I have quoted this passage from Shakespeare’s Julius Caesar many times but it is more appropriate than ever for the situation the world is now in: “There is a tide […]
Headline Durable Goods Orders Up 4.5% In August
The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in August increased $11.1 billion or 4.5 percent to $259.6 billion, the U.S. Census Bureau announced today. This increase, […]
Datawatch’s Future Value
Summary *)The turnaround for DWCH started quarter 4 2015. Near an average of 18% year over year quarterly revenue growth during the past two years. The accelerating growth was after costly strategic mistakes from 2013 to the end of 2015. *)Intrinsic value is improving from the increasing percentage of recurring revenue now at 60% expected to grow […]
