Numbness Is How It Happens
The more I look back the more I am convinced that this version of “reflation” was born Japanese. It all seemed to turn around in early July 2016, the very week that whispers of the, for some, long-sought “big one.” It was all over the financial press all around the world. Having gone as far […]
Dance Hall Girls And Profits For Fifteen Minutes
Yesterday, we explored the myths and truths of the old Wild West and the current Wild Market. Back in the day, rowdy frontier towns gave rise to saloons, which in turn gave rise to the “saloon girl.” The “saloon girl,” had many dfferent names, most with connotations of ill-repute. Nonetheless, saloon girls were hired to […]
5 Mid Caps For Momentum Investors – Wednesday, April 19
Today I wanted to find 5 Mid Cap stocks that would be of interest to Momentum Investors. I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more. It just so happened that […]
Finisar Plunges After MKM Reports ‘Surprisingly Negative’ Checks
Shares of optical component maker Finisar (FNSR) have been weak since the open today after MKM Partners lowered estimates, pointing to its “surprisingly negative” channel checks. SURPRISING NEGATIVE: A recent look by MKM Partners revealed some “surprisingly negative” headwinds for the communications equipment maker, said MKM analyst Michael Genovese in a note out earlier. The […]
Agriculture Markets Report – Wednesday, April 19
A review of the day’s trading in the agriculture markets. Video Length: 00:11:37
This Indicator Shows How Long The Trump Effect On Markets Continues
Trump pushed severeal markets higher in November which is what most tend to call the ‘Trump effect’. We observed that primarily a market sector rotation took place: the Trump effect resulted in value outperforming growth. For April 2017, we forecasted that Trump effect on markets would continue based on 5 charts. So far so good, but the key […]
CSX Corporation Q1 Earnings Beat The Street As Sales Rise, Costs Fall
Written by StockNews.com CSX Corporation (Nasdaq: CSX) late Wednesday posted better than expected first-quarter earnings results, as higher revenues and cost cuts bolstered its top and bottom line. The Jacksonville, FL-based railroad operator reported: Q1 earnings per share (EPS) of $0.51, which was $0.08 better than the Wall Street consensus estimate of $0.43. Revenues rose 9.6% […]
Tar Sands In Canada Are On The Verge Of An Explosive Comeback
Energy investors wrote off Canada’s tar sands after oil prices plummeted 50% between 2014 and 2016. Even though the tar sands are loaded with a potential 300 billion barrels of oil, extracting the oil out of the sand is a costly, unprofitable process without higher oil prices. Until now… You see, one company operating in the tar sands has developed a […]
