Earnings Shock Straight Ahead
At quarter’s end, the Federal Reserve lent out $303.5 billion in reverse repos to Wall Street banks, dealers, brokers and mutual funds, known as the “window dressing” period but as we progress into the new quarter this money has to be paid back, so the last couple of days these same institutions pegged stocks at […]
5 Top-Ranked Stocks To Buy Before Earnings Release In April
A few companies have come up their first-quarter earnings results, with Alcoa (AA) being the first among the S&P 500 members to report after the closing bell on Monday. The overall earnings picture for the first quarter appears gloomy with estimates remaining low. In fact, over the last three months, Q1 estimates have fallen significantly, […]
The Countdown To Equity Crowdfunding Begins Now
You wouldn’t have recognized the VC industry of the 1940s. It was puny. And it pretty much stayed that way throughout the 1950s, 60s and 70s. Then the government decided to change the rules. It issued the “Prudent Man Rule,” which allowed pension funds to invest in venture capital. It triggered a surge in VC […]
These 3 Things Are Hurting ConAgra’s Earnings This Quarter
Photo Credit: linda sellers ConAgra Foods, Inc (CAG) Consumer Staples – Food Products | Reports April 7, Before Market Opens Key Takeaways The Estimize consensus is calling for EPS of $0.59 on $2.89 billion in revenue, 1 cent higher than Wall Street on the bottom line and $15 million more on top ConAgra made headlines this quarter […]
Three Things I Think I Think – Hump Day Edition
Okay people. Just 2.5 more days and we’re there. You can make it….In the meantime, here are some things I think I am thinking about: 1 – Why Bull Markets are Hated. Here’s a great piece from Josh Brown about bull markets and why they’re so hated. The sad reality of the financial markets is that all […]
USD Crashes Ahead Of FOMC Minutes – A Buy Opportunity?
The US dollar is sliding across the board. The bigger breakout is seen in USD/JPY which digs lower to levels last seen in October 2014, but also other currencies are celebrating against the US dollar. The Federal Reserve releases the minutes from the March 16th meeting. In that meeting, and in a consequent speech by Fed Chair Janet Yellen, the […]
Valeant Has Biggest Daily Surge Since 2005 On Bill Ackman’s Soothing Comments
Having been crushed by his Valeant exposure, today there was finally some good news for the embattled hedge fund manager. Speaking on an investor conference call Ackman said Valeant is now on track to deliver its delayed 10-K by month end which will likely give the company a shot in the arm because investors will […]
Returns On Capital–And Interest Rates–Will Be Low In The Future
Returns on capital have been low for most investments. Ten-year U.S. treasury bond rates averaged three percentage points above inflation from the 1950s up until the last recession started. Since the end of the recession, those bonds have yielded just one percentage point more than inflation. Stock market returns adjusted for inflation averaged lower than historic averages in the […]
How Amazon Is Becoming A Major Player In Finance
It was never about the books. Jeff Bezos may have launched Amazon as an Internet book seller, but he quickly turned Amazon into an overall ecommerce powerhouse. There’s little that Amazon isn’t in to these days. Amazon still sells books but it’s also one of the leading cloud technology providers via its technology unit, Amazon Web Services […]
One Of Paul Tudor Jones’ Favorite Indicators Suggests The Bear Market In Gold Is Over
As the best-performing asset class in Q1 there has been a lot of talk about gold lately. The debate seems to focus on whether this strength marks the end of the four-year bear market for the precious metal or whether it’s just another counter-trend rally. Looking at the chart above, I’m reminded of a quote from […]
