Category Archive: Finance, No picture
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 […]
EUR/USD Rebound Unravels Ahead Of Updates To U.S. CPI
EURO TALKING POINTS The recent rebound in EUR/USD unravels ahead of the updates to the U.S. Consumer Price Index (CPI), with the exchange rate at risk of making a run at the June-low (1.1508) as it snaps the series of higher highs & lows from earlier this week. EUR/USD REBOUND UNRAVELS AHEAD OF UPDATES TO U.S. CONSUMER […]
Apple After $1 Trillion: How Far Can It Go?
Apple (AAPL) stock is on fire lately, shares of the tech juggernaut have gained almost 35% in the past year, trading near historical highs above $200 per share and giving Apple a gargantuan market capitalization value of over $1 trillion. In this context, it makes sense to wonder if the best is already in the […]
Funko Pops
A couple of months ago my youngest son (age 11) gave me a copy of his updated wish list and it was a big departure from past years. Instead of a list of assorted items it had a dozen items in order of “what I want most” and they were all Funko Pop figures. I […]
China Increases Its Tariff Rate To 25%
The S&P 500 was down 0.75 of one point as all the major indexes were flat on Wednesday. This is a continuation of the extremely low volatility we have seen this summer as the VIX was down 0.73% to 10.85. The Nasdaq was up 0.06% which was enough to extend its winning streak to 7 […]
GBP/USD Price Analysis: British Pound Testing Downtrend Support
GBP/USD testing structural support ahead of key event risk- updated intraday trading levels The British Pound has been in free-fall for the past few days with the price down more than 2% since the start of August trade. While the immediate threat remains weighted to the downside, the decline is now approaching long-term structural support with key UK […]
Wholesale Trade Inventories Inch Up In June, May Revised Lower: What About Q3?
Wholesale trade inventories in June Rose 0.1%, but May was revised from +06% to +0.3%. It’s August but we are still discussing second-quarter data. That’s how lagging some of these Census Bureau reports are. Will there be an inventory build in the third quarter? More importantly, will consumer spending be strong enough to support a build. […]
5 Stocks To Buy As New Analysts Show Interest
Coverage initiation by an analyst(s) on a stock inevitably leads to increased investor enthusiasm. This is because investors assume that there is something in the stock that has attracted analyst attention. In other words, they assume that the company coming under the microscope definitely has some value. Why do analysts initiate coverage? Of course, stocks […]
Looking Under The Hood, We Find…
(Audio length 00:58:48) Smoke and mirrors? The world of finance is built on mutual agreements quantified by digitized records representing the full faith and credit of someone, whether an individual or a country. Not gold, not silver, not paper. Ellen’s guest, Dr. Robert Hockett, says its time to create a 21st-century banking architecture capable of […]
