Yen, Peso Pop After Ross Targets NAFTA, Japan For Trade Deals
The yen and the peso jerked higher after President Trump’s commerce secretary Wilbur Ross commented that he expected to start renegotiating NAFTA within two weeks and that Japan will be high on the list for trade agreements. As Bloomberg reports, discussions are under way with the Finance, Ways and Means committees and the expectation is that “in the next couple […]
Does It Pay For An Index To Focus On Profits?
WisdomTree has been innovating in the sphere of equity index development for more than 10 years, and along the journey we have learned many interesting things. One question that has come up through the results of our work is: Why is the Russell 2000 Index so popular? Russell Indexes vs. S&P Indexes Over time, S&P indexes have […]
US Private-Sector Hiring Picked Up In February
Companies added more workers to payrolls in February, the Labor Dept. reports. Private-sector payrolls increased 227,000 last month, modestly higher than January’s revised 221,000 advance. A second month of robust expansion of the labor market gives the Federal Reserve another reason to hike rates at next week’s monetary policy meeting. But while the monthly change has rebounded […]
Stocks Watchlist: KKR, PENN, CVI
Payrolls coming in strong and my stocks watchlist has a few names to keep a close eye on as the market looks to rally back towards those all-time highs for the first time since….last week. If you are interested in more of my trade setups and my real-time trade alerts, then some join me in […]
Vail Resorts, Inc. Posts Better Than Expected Q2 Earnings, Lifts 2017 Guidance & Boosts Dividend By 30%
Written by StockNews.com Vail Resorts, Inc. (NYSE: MTN) early Friday [Mar 10, 2017 | 6:53am] posted much better than expected fiscal second quarter earnings results, lifted its 2017 guidance, and boosted its dividend by 30%. The Broomfield, CO-based ski resort operator reported Q2 earnings per share (EPS) of $3.63, which was $0.26 better than the Wall […]
Rail Week Ending 04 March 2017: Rate Of Growth Slowed For Second Week
Week 9 of 2017 shows same week total rail traffic (from same week one year ago) marginally improved according to the Association of American Railroads (AAR) traffic data. Analyst Opinion of the Rail Data We review this data set to understand the economy. If coal and grain are removed from the analysis, rail over the last 6 months been […]
Hibbett (HIBB) Q4 Earnings & Sales In Line With Estimates
Hibbett Sports, Inc. (HIBB – Free Report) came out with fourth-quarter fiscal 2017 results, wherein earnings of 54 cents per share slumped 28.9% year over year, though it came in line with the Zacks Consensus Estimate. Hibbett Sports, Inc. Price and EPS Surprise Hibbett Sports, Inc. Price and EPS Surprise | Hibbett Sports, Inc. Quote Earnings Estimate Revision: The Zacks Consensus […]
Quick Take: Sealing The Deal
There can be little argument that the jobs report will be the primary focus for traders in the early going on this Friday morning. The Labor Department reported that Nonfarm Payrolls increased by 235,000 in February, which was above the consensus estimate of 190,000. The Unemployment Rate came in at 4.7%, which was down from […]
Solid US Jobs Report In Line With Expectations
The US jobs report was largely in line with expectations. February was the second consecutive month that the US economy created more than 200k jobs. It is the first time since last June and July. The 235k is just below the revised January 238k gain (initially 227k). The unemployment rate ticked down to 4.7% from […]
