Urban Outfitters, Inc. Plummets On Disappointing Q1 Results
Urban Outfitters plummeted after the company reported disappointing financial results for the first quarter ended April 30. The shares of the specialty retailer were trading $34.20 per share, down by 16% at the time of this writing around 2:09 in the afternoon in New York Urban Outfitter financial results During the first quarter, Urban Outfitters generated […]
The Real Reason Draghi Is Front-Loading Q€ (In 1 ‘Disappointing’ Chart)
When US Macro data started to crumble after QE3 ended last year, and with it US equities, The Fed unleashed Jim Bullard to suggest that QE4 was possible if things deteriorated… and in that moment, everything broke. The last few months have seen expectations of a European recovery dashed as macro data has disappointed […]
Warren Buffett’s Asset Allocation: Skimpy On Bonds
It seems I’ve been writing a lot about Warren Buffett lately. Earlier in May I used one of his favorite valuation tools to determine U.S. stocks are significantly more expensive than their overseas peers, and a few weeks before that I considered a letter he wrote back in 1999 that would suggest U.S. stocks are priced to deliver pretty crummy returns […]
Three Other Ways To Play Defense
The broader stock market (as measured by the NYSE Composite) may be making marginal progress. A 2.5% appreciation in price over the last nine months is mildly positive. Similarly, higher lows are typically indicative of ongoing strength. It would be reasonable, however, to discuss whether the risk of participation is worthy of the potential […]
Is This The Safest Gold ETF For 2015?
Gold had one of its worst nightmares in the last two years as investors shifted to more risky asset classes like equities. This is especially true in the backdrop of the strengthening dollar and continued bullishness in the stock market, two conditions that spoilt the safe haven appeal of the yellow metal. The bleeding stretch […]
Strong Buy HomeStreet Hits 52-week High
HomeStreet, Inc. (HMST) is a diversified financial services company. The Company is engaged in real estate lending, including mortgage banking activities and retail and business banking operations and serves consumers and businesses in the Pacific Northwest and Hawaii. It offers deposit and investment products and cash management services and single family loans and commercial loans. […]
Our “Junkie Economy” Will Soon Hit Rock Bottom
Medellín, Colombia Dear Diary, This is the first time we’ve been in Colombia. Greener, more mountainous, richer, newer, and more flowery – it is many things we didn’t expect. We’ve seen a lot of press on Medellín. It is supposed to be lively. It is “springtime all year round.” It is beautiful. And it is […]
April 2015 Sea Container Counts Continue To Demonstrate Weak Conditions In The USA And Globally
The data for this series continues to be weak. Not only is year-to-date volumes contracting for both imports and exports – but both April exports and imports are contracting month-over-month and year-over-year. This continues to indicate weak economic conditions domestically and globally. Consider that imports final sales are added to GDP usually several months after […]
EC Exchange Rate Regimes And The Global Financial Cycle
Relevant or Irrelevant? The highly integrated nature of the global financial system was amply demonstrated, if we needed any reminder, by the turmoil in emerging market currency and bond markets in the wake of Fed Chairman Bernanke’s statements regarding the normalization of U.S. monetary policy, i.e., the “taper tantrum”. Following close on the heels of […]
Avery Dennison – Today’s Best Large Cap
Today I wanted to find the best Large Cap stock so I used Barchart to sort the S&P 500 Large Cap Index stocks to see which stock had the most advances in the last month. Avery Dennison (NYSE:AVY) was at the top of the list with 17 advances in the last 20 trading sessions. Barchart technical indicators: […]
