Tesla Motors Inc Sales Down To 0 In Hong Kong After Tax Break Scrapped
Tesla (TSLA) sales took a hit in Hong Kong after the tax break on electric vehicles was taken back on April 1. The Wall Street Journal, sighting official data from Hong Kong’s Transportation Department, stated that no new Model S sedans or Model X sport utility vehicles were registered in the Chinese territory in April. In May, […]
The Ratio Of Part-Time Employed Lowest Since 2008
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) […]
A Look Into Yellen’s Upcoming Chat With Congress
With US markets on the recovery today and yields remaining high, Chris Temple and I look into what might come out of Yellen’s chat with Congress on Wednesday and Thursday. So much of general market moves depend on the Fed that when Yellen is speaking to government we all need to pay close attention. (Audio […]
Abercrombie & Fitch Plunges After Ending Talks With Potential Buyers
Abercrombie & Fitch (ANF) said talks for a potential sale have been terminated following a review, sending the teen apparel retail’s shares down over 15% in morning trading. TERMINATION OF SALE TALKS: Abercrombie & Fitch announced that it terminated discussions regarding a potential deal. The decision came after Abercrombie said in May that it was […]
We’ve Had ATMs For 50 Years. What’s Next?
The first ATM was born in London on June 27, 1967. With the rise of new technologies, its future is looking bleak. Flashback to 1967 Just 50 years ago, a machine was distributing banknotes for the first time. It was a real revolution at a time when individuals around the world had to go to […]
What Oil Bulls Are Missing: “The Oil Is Just Being Moved Elsewhere”
Dispensing his usual dose of optimistic crude oil buzzkill, Bloomberg energy strategist Julian Lee points out something troubling to both OPEC, and those who are hoping that the latest dip in oil will finally lead to a sharp rally. He writes that while at first glance, this year’s diminishing U.S. oil stockpiles appear to support the […]
4 Top-Ranked Diversified Bond Mutual Funds For Solid Returns
Mutual funds having significant exposure to diversified bonds are excellent choices for investors seeking steady returns with a relatively low level of risk. Investing in funds that maintain a portfolio of bonds issued across a wide range of market sectors, also reduces sector-specific risk. Moreover, investing in diversified bond funds is preferred to individual bond […]
Time To Stay Alert
It’s the start of a new week as well as the semi-official start of the second half of the year, so let’s get right to our objective review the key market models and indicators and see where things stand. To review, the primary goal of this weekly exercise is to remove any subjective notions I […]
E What Will Lead Stocks Higher?
Market Analysis A tool to help confirm the overall market trend is the Bullish Percent Index (BPI). The Bullish Index is a popular market “breadth” indicator used to gauge the internal strength/weakness of the market. Like many of the technical market internal indicators, it is used both to confirm a move in the market and […]
Investing: The Incredible Power Of Staying In The Now
A Simple And Powerful Concept Eckhart Tolle’s New York Times Best Seller The Power Of Now has sold over 3 million copies worldwide and has been translated into over 30 languages. The basic premise of the book is captured in the excerpt below: “Nothing has happened in the past; it happened in the now. Nothing will ever […]
