A Strong Rebound For U.S. Housing Construction In April
Home-building activity in the US rebounded sharply in April, the US Census Bureau reports. After two months of weakness, housing starts revived to 1.135 million units in seasonally adjusted annualized terms. The 20.2% increase in April is the strongest monthly gain since the early 1990s, pushing the number of newly built units to a new post-recession high. […]
Using IPS To Deliver A Superior Standard Of Care
It was inspiring to read Louis Harvey’s (head of Dalbar) article “Using IPS to Deliver a Superior Standard of Care” yesterday because it highlighted the need to take a more active approach to asset allocation (and investment oversight). Here is the article A Prudent IPS Will Chart Prevailing Conditions The investment policy is the […]
Housing Starts And Permits Surge Most In Seven Years
In one of the few economic bright spots recently, housing starts surged beating Bloomberg Consensus Estimates. Highlights There were hardly any indications before today, but the spring housing surge is here. Today’s housing starts & permits report is one of the very strongest on record with starts soaring 20.2 percent in April to a much higher-than-expected […]
Wal-Mart (WMT) Posts In-Line Q1 Earnings; Revenue Lags
Wal-Mart Stores, Inc. (WMT – Analyst Report) is a multinational retailer that runs large department stores and warehouse store chains. The company has more than 11,000 stores in 27 countries. Wal-Mart’s earnings have started improving on the back of positive comps at Wal-Mart U.S. and improved performances in Sam’s Club and the international business, after several weak quarters […]
The Stock Whisper Of The Day: AAPL, UNG, MNKD, USO, SDRL
The stock whisper of the day is: (AAPL), (UNG), (MNKD), (USO), (SDRL). Video Length: 00:03:54
New Residential Housing Starts Surge In April
The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for April new residential housing starts. The latest reading of 1.135M was well above the Investing.com forecast of 1.019M. Here is the opening of this morning’s monthly report: Privately-owned housing starts in April were at a seasonally adjusted annual rate […]
Take-Two Interactive (TTWO) Beats On Q4 Earnings, Revenues Miss
Take-Two Interactive Software Inc. (TTWO – Snapshot Report) recently announced fiscal fourth-quarter 2015 results wherein adjusted earnings of 35 cents per share beat the Zacks Consensus Estimate of 10 cents. The company reported non-GAAP earnings of 49 cents a share compared with 21 cents reported in the year-ago quarter. Take-Two Interactive Software Inc. – Earnings Surprise | FindTheCompany […]
Euro Tanked By ECB Comments
The common currency Euro plummeted versus its main rival the U.S. Dollar after officials of the European Central Bank (ECB) indicated that they might be willing to take additional action to lower bond yields in the Eurozone and to boost inflation. Benoit Coeure, a member of the ECB’s executive board, said the ECB would continue […]
Silver Has Bullish Technical Picture
According to the technical analysis from Bryan over at pitchforkplayground.com, silver is looking quite bullish. His analysis is based on the Andrew’s Pitchfork methodology, in which pitchforks are calculated based on chart structures. Silver has surged higher in the past week along with gold. Unlike gold, silver has broken above its 200 day exponential moving average instead […]
Home Depot Inc. Tops Estimates, Raises Guidance
The Home Depot Inc. (NYSE:HD) released its earnings results from its first fiscal quarter before opening bell this morning, posting adjusted earnings of $1.16 per share or $1.58 billion, and $20.9 billion in net sales, a 6.1% year over year increase. Analysts had been looking for earnings per share of $1.15, and $20.8 billion in revenue. […]
