5 Profitable Stocks To Buy In January
Profitability analysis is an excellent way to determine the ability of a company to ensure effective cost management and provide healthy returns to its investors. Using this analysis one can identify a profitable company, which generally offers better returns than a loss-making one. Here, we have used the concept of accounting ratios to evaluate a […]
U.S. Economy Creates 148,000 Jobs In December
The number of jobs created in the world’s largest economy slowed more than forecast in December, despite wage growth picking up slightly. The economy added 148,000 jobs, fewer than the 252,000 (initially reported as 228,000) jobs created in November and 261,000 in October, according to the Labor Department report published on Friday. The unemployment rate remained unchanged at […]
S&P 500 Grinds Higher, But Correction Looms
Briefly: Intraday trade: Our Thursday’s intraday trading outlook was neutral. It proved partly accurate because the S&P 500 gained 0.4% following higher opening of the trading session (+0.2%). The broad stock market continued its short-term uptrend, but it remained within a relatively narrow intraday trading range. There have been no confirmed negative signals so far. […]
Headline US Jobs Disappoint, But Earnings As Expected
The headline US non-farm payrolls disappointed, rising by 148k instead of the consensus of 180k-200k. However, the other details were largely as expected and are unlikely to change views about the trajectory of Fed policy or the general direction of markets. It is a very much steady as she goes story. The headline miss is not […]
How To Access Shareholder Yield In U.S. Small Caps
In U.S. equities, investors love the idea of small-cap stocks. Some of these companies represent the entrepreneurial spirit, and it’s no secret that many investors dream of the “lottery-like” experience of finding the next Facebook, Amazon, Netflix or Google before it becomes a giant company—collecting stratospheric returns along the way. More Realistic Strategies in U.S. […]
Trade Deficit Spikes To 6-Year High Despite Tumbling Dollar
Don’t show President Trump this chart… While the equity markets are exuberant, today’s payrolls data suggests all is not awesome, and the US trade balance print is just terrible. Despite the relative freefall in the US Dollar, the US trade deficit disappointed expectations, spiking above $50 billion. This is the biggest trade deficit since January 2012. […]
November Trade Deficit At $50.5B, Down 3.2% MoM
The U.S. International Trade in Goods and Services, also known as the FT-900, is published monthly by the Bureau of Economic Analysis with data going back to 1992. The monthly reports include revisions that go back several months. This report details U.S. exports and imports of goods and services. The Bretton Woods agreement, which established a […]
Straight Up
Good jobs report, bad jobs report, it doesn’t matter. Here’s how the market has behaved since that tiny sell-off at the end of 2017: ………and……….. Nice going, Woody.
Weekend Reading: The “Brawny” Market
Yesterday, as I was researching the data on the Fed’s balance sheet as it relates to the future direction of interest rates, I stumbled across an interesting piece of analysis. The chart below shows the deviation of the market from the underlying liquidity provided by the Fed’s balance sheet. Not surprisingly, in 2006-2007 as the deviation […]
Opportunity Coming For Those Who Are Ready
While still up .7% over the last year, Toronto home prices fell for the 7th consecutive month in December, down 8.9% since May–the largest seven-month decline in data tracked since 2000. Falling 3.5% since November, the average sale price in Toronto is still–a wildly un-affordable for most–$735,021 ($1.2 million for single detached homes.) See Toronto home […]
