ISM Manufacturing PMI Beats With 51.8 – USD Looking Better
It’s a winning streak for US indicators today, on April Fool’s Day. The ISM Manufacturing PMI beats expectations quite nicely with 51.8 points. Prices provide an even bigger beat with 51.5 against 42 expected. However, employment is down to 48.1 points, worse than last time, but we already know that manufacturing jobs are poor and that […]
U.S. Private Payrolls Rise At Strongest Annual Pace In 5 Months
Private payrolls in the US increased 195,000 in March (seasonally adjusted), a moderately lower gain vs. February’s 236,000 advance, according to this morning’s update from the Labor Department. But the year-over-year trend improved, pointing to sustainable and healthy growth for the labor market in the near term. The annual pace for payrolls at US companies ticked up […]
E RXi Pharmaceuticals Patent And Conference Call News Update
TM Editors’ Note: This article discusses a penny stock/microcap. Such stocks are easily manipulated; do your own careful due diligence. On Thursday RXi Pharmaceuticals (RXII) announced that it had received a patent from the United States Patent and Trademark Office — USPTO — for a patent that covers RXi’s technology sd-rxRNA along with Connective Tissue […]
This ETF Makes 31% More Than S&P Last Month, Says Joe Friday
CNBC shared the stat below this morning, per the Dow just experienced the “biggest comeback since 1933.” CLICK ON CHART TO ENLARGE Does a “comeback” mean money was made for the buy and hold community? Even though the comeback was historic, the net return on the Dow as 1.49%. Even though the quarterly gain was small […]
The Finance Industry’s Most Prized Theory: Tarnished
Unless you live under a rock, I’m sure you’ve heard a variation of this investing maxim: “To earn high returns… you must assume high risk.” There’s an ounce of truth to this saying… but it mostly leads investors astray. Today, I want to show you how three specific low-risk investments helped my subscribers turn $20,000 into $40,010 – […]
The Stock Whisper Of The Day: SPY, USO, BBRY, VZ, T
Hot stocks of the day: SPY, USO, BBRY, VZ, T. Video Length: 00:05:26
Payrolls Rise 215K In March, Beat Expectations As Average Hourly Earnings, Unemployment Rise
And so the confusion remains: why did Yellen go uber dove three days ahead of a day in which the BLS reported that in March not only were 215K jobs created, more than the consensus 205K, if below last month’s 245K, but in which average hourly earnings rebounded a solid 0.3%, above the 0.2% expected, […]
Non-Farm Payrolls 215K, Wages Up 2.3% Y/Y – USD Corrects
A good jobs report: 215K jobs gained and wages are up 2.3% y/y. The general picture is of more job gains and more people coming back to the work force, but changes are slow. Wages are slightly better than expected but nothing that screams “rally”. The USD is slightly stronger across the board, but as time […]
Gold Expected To Dip Before Big Push Up
Gold market review: gold prices could dip. Audio Length: 00:26:56
