March Looks To Be Pretty Normal After All
With March beginning tomorrow, the Climate Prediction Center issued their final forecast for the month. Generally, it shows warmth in South and Northeast with cold in the Great Plains and Pacific Northwest. This certainly shares strong similarities with the final February run of the American CFSv2 climate model, per NOAA. This would make it look […]
Treasuries Have Sold Off As Rates Have Been Rising
The chart below shows that selling pressure is starting to develop again based on the increase in the number of new 52-week lows. The cumulative advance/declines are pointing lower again too. I think we all expected some back and fill. Prices will probably bounce around in this range for awhile. Rates Below […]
3D Systems Stock Soars On Preliminary Results, Earnings Release Delayed
Shares of 3D Systems (DDD – Free Report) soared more than 15% in after-hours trading Wednesday, shortly after the company released preliminary Q4 financial results and announced that it was rescheduling its report date to March 14. For the fourth quarter of 2017, 3D Systems said that it anticipates revenue will be in the range […]
Stocks And Precious Metals Charts – God Bless The Child
The Fed is hiking rates into one of the slowest growing economies in U.S. history.Previous such events didn’t work out well. Whatever economic growth US has had recently has been driven by increased debt & dissaving. If interest rates are raised brakes automatically applied. Dr. Harald Malmgrem There is no doubt that the projections of […]
Short End Of The Curve Could Cause An Inversion
Inflation Breakdown Since inflation was mentioned numerous times during Powell’s testimony and then in the interview with former Fed chairs Ben Bernanke and Janet Yellen, let’s look at a breakdown of the metric. As you can see from the chart below, the purple line shows the cellular data series Yellen referred to often last year. […]
Mylan (MYL) Q4 Earnings Surpass Estimates, Revenues Miss
Mylan N.V. MYL reported mixed results for fourth-quarter 2017 as EpiPen sales declined. Adjusted earnings of $1.43 per share beat the Zacks Consensus Estimate of $1.41 but was down from $1.57 reported in the year-ago quarter. Mylan N.V. Price and Consensus Mylan N.V. Price and Consensus | Mylan N.V. Quote Fourth-quarter revenues of $3.24 billion missed the Zacks Consensus […]
Moving Averages: February Month-End Update
The S&P 500 closed February with a monthly loss of 3.89% after a gain of 5.62% in January. All three S&P 500 MAs are signaling “invested” and three of five Ivy Portfolio ETFs — Vanguard Total Stock Market ETF (VTI), Vanguard FTSE All-World ex-US ETF (VEU), and PowerShares DB Commodity Index (DBC) — are signaling […]
Economists Are Clueless On How Low Unemployment Can Fall Without Causing Spiraling Inflation
Neil Irwin wrote the piece I have been waiting for pretty much forever. He points out that economists estimates of the “non-accelerating inflation rate of unemployment (NAIRU)” have been repeatedly shown to be hugely wrong. In the 1990s the accepted wisdom was that this number was close to 6.0 percent, with estimates falling on both sides of […]
Box (BOX) Q4 Loss Narrower Than Expected, Revenues Match
Box, Inc.’s BOX fiscal fourth-quarter 2018 adjusted loss was 6 cents per share, lower than the Zacks Consensus Estimate. The loss was 54% narrower on a sequential basis and 40% narrower than the year-ago quarter. The reported loss was lower than the guided range. Revenues came in at $136.7 million, in line with the consensus mark. Revenues […]
Can This 10.4% Dividend Really Be Safe?
Sabra Health Care REIT (Nasdaq: SBRA) is the landlord for skilled nursing/transitional care facilities, 22 specialty hospitals and 88 senior housing properties. (It also manages 13 more.) Its assets include… Glen Hill Center, a nursing home in Danbury, Connecticut Villa Campana Rehabilitation Hospital in Tucson, Arizona Nexus Specialty Hospital in Spring, Texas, which focuses on rehabilitation […]
