Trucking Data Again Continues Mixed In June 2017 But Growth Suggested
Headline data for truck shipments were again mixed in June – but our analysis believes trucking growth rate is modestly improving. Analyst Opinion of Truck Transport I tend to put heavier weight on the CASS index which again showed a moderate improvement year-over-year. The ATA data continues to wander all over the map – and […]
GBPUSD Below 1.30 As Talks End With Little Progress
GBPUSD tumbled back below the 1.30 level in late European trading Thursday as it became clear that the second round of divorce talks between the UK and the EU has ended with the two sides little or no closer on any of the key issues. Moreover, the next round of discussions will not now begin […]
Largest Short Value Per Sector
Written by IB Securities Lending Desk The following table shows the securities with the largest short value per sector on 7/18/2017.
Aflac: A Cheap Dividend Aristocrat Or Value Trap?
Over the past decades boring old insurance specialist Aflac (AFL) has done a remarkable job of enriching long-term income growth investors thanks to its impressive 34-year dividend growth streak. That’s courtesy of its strong, cash-rich business model, which has allowed it to grow its dividend by 14.6% annually over the past quarter century, resulting in annual total […]
Genuine Parts Company Announces Record Q2 Sales & Earnings And Maintains Positive Guidance
Genuine Parts Company (NYSE: GPC), a distributor of automotive replacement parts in the U.S., Canada, Mexico and Australasia, as well as industrial replacement parts in the U.S., Canada and Mexico through its Motion Industries subsidiary, business products in the U.S. and Canada through its S. P. Richards Company subsidiary and electrical and electronic components throughout the […]
Treasury Volatility Crashes To Record Lows
Another day, another record low for volatility gauges, with Bank of America’s MOVE Index (considered Treasury Market ‘VIX’) falling to an unprecedented 48.26. As Bloomberg notes, the slide back down in volatility comes as the Treasury term premium looks to be failing in its latest attempt to climb back above zero. So investors in the world’s biggest bond market don’t want […]
Has Bitcoin Come Of Age?
Bitcoin (BTC) came into existence in January 2009. It was not the first ‘cryptocurrecny’ and there are now an estimated 950 competitors, with new ICO’s ‘Initial Coin Offerings’ appearing almost daily. BTC’s closest rival in terms of coins in circulation is Ethereum (ETH). The chart below shows how these currencies % of total market capitalisations […]
Bearish Factors And GBP/USD
On Tuesday, British pound move lower against the greenback, which resulted in an invalidation of the breakout above two important resistances. How did this negative development affect the technical picture of GBP/USD? EUR/USD Looking at the daily chart, we see that the situation in the very short term hasn’t changed much as EUR/USD remains in […]
The 5 Best Utility Dividend Stocks Today
Income investors rely on utility stocks for steady dividends. Utilities have earned a strong reputation among income investors, and for good reason. Utilities are widely recognized for their ability to generate steady profits each year, regardless of the economic climate. With their reliable earnings, they consistently pay dividends each year. Many utility stocks have paid […]
How Can The Fed Possibly Unwind QE?
There are currently two important items on the Fed’s wish list. The first is to restore interest rates to more normal levels, and the second is to unwind the Fed’s balance sheet, which has expanded since the great financial crisis, principally through quantitative easing (QE). Is this not just common sense? Maybe. It is one […]
