Adobe Hits 52-week High After Beating Quarterly Estimates, Raising FY16 Outlook
Shares of software provider Adobe Systems (ADBE) are advancing after the company posted better-than-expected first quarter results and raised its outlook for fiscal 2016. WHAT’S NEW: Thursday night after the close, Adobe reported Q1 adjusted earnings per share of 66c and record quarterly revenue of $1.38B, beating analysts’ consensus estimates of 61c and $1.34B, respectively. […]
What The Alphabet AlphaGo Victory Means For The AI Sector
123RF In February Amigobulls reported that Alphabet Inc-A (NASDAQ:GOOGL) claimed a major Artificial Intelligence (AI) breakthrough with a software program, dubbed AlphaGo, which taught itself to beat a top human player of the board game Go. Go is much more complex than chess and, until recently, no machine had beaten a human Go champion. In fact, experts predicted it would be […]
People Over Products
“Davidson” submits: Give me a good manufacturer of ‘pumps’ or any company which does or makes something normally thought as ordinary but does it very well and one can make a lot of money. Danaher ($DHR) is a good example. Danaher tends to confuse many because it is a conglomeration of more than 1,000 companies […]
Silver-Gold Ratio
Because I like overly simple pictures to help me counteract hype everywhere I see it, especially in the Silver Bug, Inflation Bug and Commodity Guru communities… This chart (and its editorial comment) was produced several months ago when the SGR was trying to bounce through resistance. Today the message is unchanged.
Interview Of TSX-V Market Veteran & Lithium Sector Bull, Ron Loewen
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. According to Vancouver capital markets veteran Ron Loewen, evidence is mounting that the Canadian TSX Venture Exchange (“TSX-V”) has hit bottom and investors have a rare opportunity to create wealth by investing in early stage […]
Unemployment Rate Doesn’t Fit JOLTS, Either
The latest JOLTS update finds total hires in January down by a rather large 372k, leaving the monthly seasonally-adjusted rate at still 5 million. Given that the estimated hires rate increased unusually in December, it seems as if January was the statistical catchup or seasonal give-back. That leaves intact the same sideways pattern that first […]
Greenback Bloodbath Continues After FOMC Meeting
On Wednesday, US data release showed a 0.3% rise in the CPI (Consumer Price Index) for the month of February compared to January’s figures, while the expectation was for a 0.2% hike. The headline CPI came in as expected at -0.2%. Another data release from the same day showed a housing starts figure better than […]
Consumer Confidence Tumbles To 5-Month Lows As “Hope” Fades
But, but, but – low gas prices, high stock prices… everything is awesome. It appears not even the average joe American consumer is fooled by the latest manufactured rally in stock prices as UMich confidence tumbles to 5-month lows (90 vs 92.2 exp) with future expectations “hope” perfectly anti-correlated with the surge in stocks… On the […]
Peak Dollar?
Axel Merk, President & CIO, Merk Investments LLC, pinged me on March 16 with his thoughts regarding “Peak Dollar“. He is not referring to the number of dollars, but rather, the intermediate-term value of the dollar compared to other currencies. Merk’s comments are online at “Dollar Outlook: Peak Dollar?“. Let’s take a look. In guest post format, […]
