Three Stocks That Could Still Leap After Earnings
Earnings season has now kicked off, and word on the Street is that it’s going to be very good. Overall S&P 500 profits are expected to soar by 11.2% in Q417 according to UBS strategist Keith Parker. He told CNBC that this would be the second-strongest earnings growth period since 2011. The economy has momentum and all […]
U.S. Industrial Production Increases In December
U.S. industrial production increased for a fourth consecutive month in December, as manufacturing sustained growth in the fourth quarter, the Federal Reserve report showed on Wednesday. Total industrial production rose 0.9 percent in December, up from a revised 0.1 percent decrease. While capital utilization, which measures the number of plants in use climbed to 77.9 […]
These Companies Are Dogs. Buy Them Now. This Way
I am not advocating that you invest solely in the Dogs of the Dow. If you want to do so, however, it is pretty darn easy. Simply wait until the end of each year, then select the ten stocks of the Dow 30 which have the highest yield. Invest an equal amount of dollars into […]
Apple Unveils $38 Billion In Expected Repatriation Tax, Reveals New Job Creation Plan
Apple stock jumped then dumped after it issued a press release in which the company disclosed how much it expects to pay in repatriation tax to bring its massive offshore cash hoard home, in addition to unveiling its near-term US investment and capital spending plans. The world’s most valuable company said that it anticipates repatriation tax payments of […]
Snapshots Of Economic Inequality Around The World
Compiling data on economic inequality from countries all around the world is a hefty task, which has been shouldered by a group of more than 100 researchers around the world who contribute to the efforts of the World Inequality Lab and the World Wealth and Income Database. The World Inequality Report 2018, written and coordinated […]
Homebuilder Sentiment Declines Inline With Expectations
Homebuilder sentiment took a little bit of a breather this week, but with last month’s report printing the highest level since 1999, the pullback was expected. In fact, the drop from 74 down to 72 in the NAHB was right in line with consensus expectations. Even at the current level, there haven’t been many other […]
Why Conservative Investments Are Not As “Safe” As You Think
Conservative investments, such as bank savings accounts or CDs (certificates of deposit in a bank), may not be as safe as you think. These types of accounts may actually produce negative real return rates over the years. Three main factors are responsible for negative return rates: Low interest rates Inflation Taxes Low interest rates Years […]
Bitcoin Bloodbath: Prices Nearing Support, Is Relief In Sight?
BTC/USD Daily Chart (Log) Technical Outlook: Bitcoin broke a multi-month consolidation pattern off the December record highs with an objective break of the monthly opening-range lows/slope support unleashing a 30% sell-off in prices. The decline has taken out confluence support at 11160 with a near-term confluence support-zone eyed at 8354-8729. This is the first major hurdle for the […]
Bank Of Canada Raises Interest Rates
The Bank of Canada raised interest rates on Wednesday, while at the same time warning that stimulus is still needed to sustain growth. The committee led by Stephen Poloz increased interest rates to 1.25 percent, the highest level since the global economic recession. While the move is in line with the recent economic expansion that […]
On The Migration Of Stock
Photo Credit: ashokboghani This should be a brief article. I remember back in 1999 to early 2000 how P&C insurance stocks and other boring slower-growth industries were falling in price despite growing net worth, and reasonable earnings. I was working for The St. Paul at the time (a Property & Casualty Insurer), and for an […]
