Advanced Micro Beats On Top Line
(Video length 00:00:52) CNBC’s Leslie Picker reports on the quarterly earnings report for AMD.
Money Is Money, Wherever It Comes From
One of the crucial things to understand about today’s world is that money is fungible. Whether it’s created in Japan, Europe, China or the US, once it’s tossed by a central bank into one or another part of the global economy, it eventually finds its way to a common pool of liquidity. So the modest […]
Chipotle Mexican Grill, Inc. Q2 F2017, AT&T Inc. Q2 F2017 Earnings Reported
Chipotle Mexican Grill (CMG) Q2 F2017 earnings and AT&T (T) Q2 F2017 earnings were released after closing bell tonight. Chipotle reported earnings of $2.32 per share on $1.17 billion in revenue. The fast casual dining chain reported $998.4 million in revenue and 87 cents per share in earnings in last year’s second quarter. AT&T posted […]
Four Hot Stocks To Watch
Ford Motor Co. (F): Consumer Discretionary – Automobiles | Reports July 26th, BMO. The Estimize consensus calls for EPS of $.45, one cent higher than the Wall Street consensus and a decrease of 15% YoY. Currently, the Estimize community is looking for sales of $38.09B, which is slightly higher than the Street’s, $37.9B. Last quarter […]
3 Back To School Stocks For Your Portfolio
This time of year, parents and students alike are gearing up for back to school. As back to school spending has soared over the years, many states are taking notice. They want as big of the piece of the pie as possible so they enacted tax-free shopping days to entice consumers to spend. As an investor, you […]
Rising Australia Consumer Price Index (CPI) To Buoy AUD/USD Outlook
A fourth consecutive increase in Australia’s Consumer Price Index (CPI) may spark a bullish reaction in AUD/USD as it puts pressure on the Reserve Bank of Australia (RBA) to lift the cash rate off of the record-low. Why Is This Event Important: The RBA may continue to change its tune as central bank officials forecast ‘a neutral […]
What If The Debt Ceiling Turns Ugly: How To Trade A Fall Spike In Volatility
As we first showed last week, while the equity market has remained completely oblivious to what the upcoming debt ceiling fight, which Morgan Stanley admitted over the weekend “worries us most” of all upcoming catalysts, the same can not be said of the T-Bill market, where 3M-6M yields have inverted the most on record on […]
Institutional Investor Capitulation
The latest State Street Investor Confidence Index data for July showed a distinct sense of upside capitulation (by North American institutional investors). The headline global index was up 7.9 points to 108.9 – this was driven purely by North American institutional investors with the North Am index up 10pts to 112.1 which offset declines in the European […]
3 Strong Buy Short-Term Investment-Grade Bond Mutual Funds
Investment grade bonds are generally considered safer than those rated below investment grade, which are commonly known as “junk” bonds. Bonds that are rated ‘AAA’ and ‘AA’ (high credit quality) and ‘A’ and ‘BBB’ (medium credit quality) by bond rating firms, like Standard & Poor’s, are usually regarded as investment-grade bonds. Also, bond funds are […]
Copper And The Upside
Copper prices are up very sharply today, igniting across markets a reborn “reflation.” Treasuries along with eurodollar futures have been stuck in anti-“reflation” for quite some time. Copper, on the other hand, is not just now breaking from the pack. Going back to May 9, this important economic indication has been so far steadily bucking […]
