4 Inverse ETFs That Soared More Than 20% In February
February was the month of heightened volatility as rising concerns over faster-than-expected rates hike continued to shake the complacency off the stock market. This is especially true as the CBOE Volatility Index (VIX), also known as the fear gauge, traded in a wide range of high of more than 50 to a low of 12.50. […]
Hamilton Lane Announces Pricing Of Class A Common Stock Offering
BALA CYNWYD, Pa., Feb. 28, 2018 (GLOBE NEWSWIRE) — Private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) (“Hamilton Lane”) today announced the pricing of a public offering by Hamilton Lane and certain selling stockholders of 3,940,000 shares of Class A common stock, in the aggregate, at a price to the public of $34.25 per […]
Amazing But True: ‘Risk On’ Indicator Turning Bullish, Good For Stocks
Junk Bonds, in conjunction with other indicators, could provide decent clues about stock markets future direction. We do not consider it a primary indicator but we are definitely keeping its price action on our radar. Our article today will cover why. Before we look into the junk bonds performance and what they are indicating, we […]
Funding Infrastructure: Why China Is Running Circles Around America
“One Belt, One Road,” China’s $1 trillion infrastructure initiative, is a massive undertaking of highways, pipelines, transmission lines, ports, power stations, fiber optics, and railroads connecting China to Central Asia, Europe, and Africa. According to Dan Slane, a former advisor in President Trump’s transition team, “It is the largest infrastructure project initiated by one nation […]
Stagflation Red Flags Fly As Orders/Output Slow, Prices Spike
Following weak EU and Asian (and Canada) PMIs, US also disappointed with Markit Manufacturing dropping to 55.3 in February flashing signs of stagflation (prices rising at 4 yr highs as output growth slows). While ISM showed the same stagflationary signs, the headline soared to its highest since May 2004. Markit Manufacturing slipped back below Services PMI but ISM exploded […]
Construction Spending Flat, Private Construction Negative
Economists expected construction spending to rise. Instead, spending was flat, and only because of government spending. The Census Bureau’s Construction Spending Report provides further evidence that first-quarter GDP is off to a very rocky start. Key Points Total construction spending was flat but the Econoday consensus was for a 0.3% gain. As a small consolation, December was […]
Bull Of The Day: Broadridge Financial Solutions (BR)
Broadridge Financial Solutions (BR – Free Report) is a Zacks Rank #1 (Strong Buy) and has a Growth Style Score of “A”which get’s this stock on my radar screen. Let’s take a look at why this stock has the best Zacks Rank possible in this Bull of The Day article. Description Broadridge Financial Solutions provides investor communications and […]
ISM Manufacturing Index: Business Conditions Expanded In February
Today the Institute for Supply Management published its monthly Manufacturing Report for February. The latest headline Purchasing Managers Index (PMI) was 60.8 percent, an increase of 1.7 percent from 59.1 the previous month. Today’s headline number was above the Investing.com forecast of 58.7 percent. Here is the key analysis from the report: The report was issued today by Timothy […]
Late Day Sell-Offs Are Making The Market Difficult
My Swing Trading Approach I went 100% cash once the selling began yesterday. Late day sell-offs are making this a very difficult market to rely on here. Trading a small number of positions is a must here. Indicators VIX – Starting to show signs of a larger bounce being possible here. Now sitting at 19.85, following yesterday’s […]
Ambarella Tops Q4 Earnings & Revenue Projections
Ambarella, Inc. (AMBA – Free Report) just released its fourth-quarter and fiscal 2018 financial results, posting adjusted earnings of $0.45 per share and revenues of $70.58 million. Currently, Ambarella is a Zacks Rank #3 (Hold) and is up over 5% to $48 per share in after-hours trading shortly after its earnings report was released. AMBA: Beat earnings […]
