Bull Of The Day: Potlatch (PCH)
The US housing market continues to strengthen this year thanks mainly to improvement in the labor market and still low interest rates. This Zacks Rank #1 (Strong Buy) timber REIT is well positioned to capitalize on the housing market recovery. About the Company Structured as a REIT, Potlatch (PCH – Free Report) owns approximately 1.4 million acres of forestland […]
One Week Until First Round Of French Elections
Looking at The Data With the first round of the French elections rapidly approaching (April 23rd), voters’ sentiment appears to have settled around roughly 25% each for both centrist candidate Macron and Far-Right candidate Le Pen with Francois Fillon holding behind around 18% – 20%. The latest data reflects a gradual but steady […]
February 2017 Philly Fed Coincident Index Ticks Marginally Up
The year-over-year rate of growth of the US Coincident Index marginally increased relative to last month’s revised level. A comparison of this US Coincident Index with the Aruoba-Diebold-Scotti business conditions index, Conference Board Coincident Index, ECRI’s Coincident Index, and the Chicago Fed National Activity Index follows. Analyst Opinion of the Current Status of the Coincident […]
The Stock Whisper Of The Day: MT, SPY, MS, ZNGA, UNG, NG
Hot stocks of the day: MT, SPY, MS, ZNGA, UNG, NG Video length: 00:05:42
The Drain Game
In the U.S. overall petroleum inventories continue to fall as the petroleum oversupply drain game has begun. Not only did we see the API report an 840,000 barrel drop in crude oil inventory but also a 1.8 million barrel drop in distillate inventory offsetting a surprise 1,347-million-barrel increase in gasoline inventory caused another drop in […]
Abbott Laboratories Q1 Revenue Surges 30% As Medical Devices Lead
Abbott Laboratories (NYSE: ABT) early Wednesday posted much better than expected first quarter earnings results, led by huge growth in its medical devices unit that was bolstered by a recent acquisition.
E Best And Worst Mid Cap – Wednesday, April 19
The best mid cap sector is utilities. The top mid cap industry is technical/system software. The average score for mid cap stocks in our universe is 54.39 and the scores averaged 57.43 over the past four weeks. The average mid cap stock in our coverage is trading -16.23% below its 52 week high, 1.29% above […]
China Eases Capital Controls As Dollar Weakens
In discussing the key overnight news in an otherwise quiet session, JPM writes that “the most important headline was prob. the one concerning China loosening some currency outflow curbs” so focusing on that, Reuters, and SCMP before it, reports that after months of draconian and ever tightening capital control, China’s central bank has relaxed some of […]
Gesundheit! The VIX Is Sneezing, Will Emerging Markets “Catch Cold?”
A couple of weeks ago in “‘This Was Inevitable At Some Point“, we asked a simple question: is there a storm coming for emerging markets? The point was pretty simple really. EM has held up remarkably well in the face of what is supposed to be a Fed tightening cycle. Indeed, Q1 worked out quite well […]
Relocation Rates Hold Steady. Best Places For Job Seekers
from Challenger Gray and Christmas Relocation rates held steady in 2016 and the first quarter of 2017. While employment prospects are strong this year, it is not easy to find jobs in certain places across the country. Although the national unemployment rate fell slightly in March to 4.5 percent from 4.7, some areas fall well […]
