Category Archive: Finance, No picture
US Markets Continue To Shake Off Tariffs And International Worries
(Audio length 00:09:48) With all the US markets up around 1% on a day when the tariff picture is escalating is another example of how these markets continue to be looked at the safest place to put money. We all know that will not last forever. Chris Temple and I chat about the overall strength […]
Musk Under DoJ Fraud Investigation
Elon Musk and Tesla are under fraud investigation by the Department of Justice for misleading statements. If you had any bit of common sense, you knew this was bound to happen: Tesla, Musk Face Criminal Probe Over Go-Private Statements. Federal prosecutors opened a fraud investigation after Musk tweeted last month that he was contemplating taking Tesla […]
Play Oracle’s Q1 Earnings Beat With These 3 Tech Funds
Oracle Corporation (ORCL – Free Report) posted favorable earnings results in its fiscal first quarter. Although the software company posted a marginal revenue miss, on the earnings side, it’s been two years since Oracle missed estimates. Oracle’s encouraging earnings results had a positive impact on the tech sector and boosted investors’ sentiment. Following the promising development, investing […]
Home Sales Trends Vs Recessions
Existing home sales are slowing. Can a recession be far behind? Please consider U.S. Housing-Market Trends Suggest Recession Around Election Time, 2020. Ten years ago, in September 2008, plunging home prices pushed Lehman Brothers into bankruptcy, fueling a financial crisis that sent the United States, and much of the world, into a deep recession. One metric […]
Tech ETFs In Focus On Oracle’s Mixed Bag Q1 Results
After the closing bell yesterday, software giant Oracle (ORCL – Free Report) reported fiscal first-quarter 2019 results. While the company beat the Zacks Consensus Estimate for earnings, it lagged on revenues and disappointed investors with a bleak outlook. Oracle Q1 Earnings in Focus Earnings per share came in at 71 cents, three cents ahead of the Zacks […]
Chinese Money Math
What has changed in China? Many if not most in the West haven’t yet caught on because they can’t conceive of where all this might be heading. One literal change was the appointment of Yi Gang as head of the People’s Bank of China. Not only did he replace longtime chief Zhou Xiaochuan, but Yi’s […]
Cannabis Stocks In Focus After Tilray Gets DEA Approval To Import Cannabis Drug
Shares of cannabis stocks are in focus after Canadian marijuana producer Tilray (TLRY) announced approval by the U.S. Drug Enforcement Administration to import a cannabinoid study drug into the U.S. from Canada. DEA APPROVAL: On Tuesday, Tilray announced that the U.S. DEA has granted approval to import a cannabinoid study drug into the U.S. for […]
Transport Services Aided By Multiple Tailwinds: 3 Top Picks
The healthy state of the U.S. economy is highlighted by the fact that consumer confidence — a key determinant of the economy’s health — touched an 18-year high in August 2018. Moreover, the U.S. economy witnessed the fastest wage growth since 2009 and added jobs for the 95th straight month in August. Strong U.S. macroeconomic […]
Can Consumer Surveys Tell Us Where The Economy Is Headed?
In order to gain insight into the future state of an economy, many economists refer to a variety of consumer and business surveys. Randomly selected consumers and businessmen are asked to provide their views about where the economy is heading. Thus, if a survey shows that the majority of the surveyed express optimism it is […]
4 Stocks To Buy As Industrial Production Continues To Rise
U.S. industrial production increased for the third consecutive month in August, according to a Federal Reserve report. Auto and utility sectors were the major contributors to this growth. Strong growth in auto manufacturing actually led to overall improvement in manufacturing output. Vehicle production hit an annual rate of 11.5 million units, its strongest level since […]
