Walgreens Boots Tops Q1 Earnings, Revenues Estimates
Are you a frequent visitor to retail drugstores? Then you must have come across at least one of the more than 13,200 drugstores operated by Walgreens Boots Alliance, Inc. (WBA – Free Report). This Illinois-based company is the first global pharmacy-led, health and wellbeing enterprise. Currently, Walgreens Boots has a Zacks Rank #3 (Hold) but that could change following […]
Dow Opens Above 25K As VIX Does Something It Has Never Done Before
After closing at a record low last night below 9, VIX is trading with an 8 handle this morning (amid somewhat chaotic trading). VIX has never traded below 9 two days in a row… ever. As we noted yesterday, it’s only traded below 9.0 on seven days since the index was created 28 years ago […]
Jobless Claims Back To 250K
Jobless claims rose for the third straight week, rising to 250K from last week’s level of 247K. That was 10K above the consensus forecast of 240K and the highest weekly print since 11/10/17. Even with three straight weeks of increases, though, jobless claims are nowhere near 300K, which is a level they have been below for […]
Cintas Is A Sleeper Stock Worth Investing In
There is a good chance you have heard of Cintas (Nasdaq: CTAS) before. They are primarily a uniform company with a steady base of customers and a long history of growth. But as many investors eyes have turned to the sexier technology stocks, the smart investors have paid attention to boring stocks like Cintas. In this […]
3 Strong Buy Fidelity Mutual Funds To Invest In
Fidelity Investments is considered as one of the leaders in the financial services industry with presence in eight countries of North America, Europe, Asia and Australia, and more than 400 research professionals. The company carries out operations in the United States through 10 regional offices and over 180 Investor Centers. The company provides investment advice, […]
December 2017 Job Cuts Lowest Year Since 1990
from Challenger Gray and Christmas U.S.-based employers announced 32,423 job cuts in the last month of the year, bringing the year-end total to 418,770. That is the lowest annual total since 1990*, when 316,047 cuts were recorded. Said John Challenger, Chief Executive Officer of Challenger, Gray & Christmas, Inc. The retail pivot that caused […]
Weekly Unemployment Claims: Up 5K, Worse Than Forecast
Here is the opening statement from the Department of Labor: In the week ending December 30, the advance figure for seasonally adjusted initial claims was 250,000, an increase of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 245,000 to 247,000. The 4-week moving average was 241,750, […]
Tesla, Inc. Stock Slides As Q4 17 Deliveries Fall Short
Tesla, Inc. (Nasdaq: TSLA) disappointed investors yet again during the fourth quarter by missing its production target for the Model 3. Tesla Q4 2017 deliveries totaled 29,870 vehicles, a slight miss versus the FactSet consensus of 30,000. Of that total, the consensus was expecting 4,100 Model 3 cars, but the automaker delivered only 1,550 of its mass-market […]
Can The Fed Really Boost Bond Yields?
One of the biggest issues with predictions of rising 10-year bond yields since “bond bears” came out in earnest in 2013, is they have been consistently wrong. For a bit of history, you can read some of my previous posts on why rates can’t rise in the current environment. Bond Bears & Why Rates Won’t Rise Why Bonds Aren’t […]
Passive Perfect
The passive investors – – which is just about everyone at this point – – continue to reign supreme. New lifetime highs across the board, as ES completes its measured move: ……and NQ continues to vault above its former triangle…….. Of course, the biggest move overnight is making a certain Sloper I know […]
