The Ratio Of Part-Time Employed: September 2017
Let’s take a close look at the latest employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government’s Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly Current Population Survey (CPS) […]
The Stock Whisper Of The Day: SPY, GDX, BBL
Hot stocks of the day: SPY, GDX, BBL Video length: 00:03:09
Billion Dollar Unicorns: Yuanfudao, China’s First EdTech Unicorn
According to iResearch, China’s online education market is projected to grow to $40 billion in 2019 from $23.5 billion in 2016. Riding this wave are China’s leading Internet giants Baidu, Alibaba Group Holding, and Tencent, who have invested heavily in online education. A beneficiary of this interest is Yuanfudao, which early this year became the […]
Johnson & Johnson Upgraded To Outperform From Market Perform At Wells Fargo
Wells Fargo analyst Larry Biegelsen upgraded Johnson & Johnson to Outperform and raised his price target for the shares to $149 from $140. The healthcare giant closed Friday up 1c to $133.22. J&J is poised to re-accelerate its sales growth due to accretion from the Actelion acquisition, a “more measured” than expected impact from biosimilar […]
Optimism About Tax Reform Gooses Bullish Sentiment
Another day, another new high in stocks. Some observers understandably think this is a sign of excessive complacency and a bad omen of an imminent major correction, as valuations continue to escalate without the normal pullbacks that keep the momentum traders under control and “shake out the weak holders,” as they say. But markets don’t […]
Spanish Bonds, Stocks Bounce As Officials Say “Door Open” For Dialogue
Mimicking last week’s “stall” pump-n-dump, Spanish stock and bond markets are bid this morning following reports that a senior member of the Catalan regional government called for dialogue with Spain, saying that all of Europe faces economic damage unless a resolution is found. reports after a weekend of mass demonstrations in favor of Spanish unity, Raul Romeva, foreign […]
Biotech Digest – KTOV Buys Stake, JNJ Reports Positive Results, NVS Receives CE Mark
Top Pick of the Day: KTOV Kitov Pharmaceuticals (KTOV) announced that it has acquired an additional 27% stake in privately held TyrNovo, a developer of small molecule oncology drugs. The company now controls nearly 92 percent stake in TyrNovo. In this latest transaction with a group of minority shareholders, Kitov issued 13.169 million new ordinary […]
Political Uncertainties Weigh On Global Currencies
Global currencies struggled on Monday morning due to various political concerns and unknowns in Europe, Asia and the United States. The Turkish lira was the hardest hit, falling approximately 3.2 percent against the dollar, after a diplomatic row with Washington resulting from the detaining of a U.S. mission employee in Turkey last week. The U.S. […]
Perth Mint Gold Coins Sales Double In September
– Perth Mint gold coins see sales double on month in September – Perth Mint silver bullion coin sales surge 78% in September – Perth Mint sold 46,415 ounces of gold in September– Nearly six times more gold coins sold at Perth Mint than U.S. Mint in September – Sales surge at Perth Mint from […]
FX Markets Eye Commentary From BOJ And Fed; US Data In Focus
Amidst the flurry of central banks – the Bank of England, the European Central Bank, and the Federal Reserve – posturing that they will be tightening policy to various degrees, the Bank of Japan is perhaps one of the two major central banks (the other being the Swiss National Bank) that is clearly in a […]
