Why Buybacks Matter
Share buybacks have become a major focus of conversation within the investment industry—most recently due to speculation that if the U.S. government were to institute some sort of “repatriation holiday,” profits currently being held overseas to avoid taxation would be utilized largely for share repurchases to thereby “goose” earnings-per-share (EPS) growth by reducing the number of shares outstanding. However, […]
Iron Ore Price Collapsing: World’s Top Iron Ore Miners’ Stock Declining Dramatically
Written by Frik Els The price of 62% Fe content ore – the steelmaking raw material – plunged 5% on Tuesday to a six-month low of $61.50 per dry metric tonne according to data supplied by The Steel Index and is now down by more than 33% over just the last month with a consensus view that iron […]
On CNBC: Goldman Tanked The Market
I joined CNBC yesterday evening to chat about Goldman Sach’s (GS) earnings miss. While the miss wasn’t that big (Goldman earned $5.15 per share vs. expectations of $5.33), this is the mighty Goldman Sachs we’re talking about. Goldman is the master of the universe, and it isn’t supposed to miss. So this had the effect of taking some of the […]
Japan’s 10Y Yield Drops Below Zero Again: All Eyes On The BOJ
With every other asset class round tripping the November election outcome, it was only a matter of time before Japan’s 10Y JGB – which on February 2 briefly peaked above the BOJ’s “yield curve controlling” 0.10% yield ceiling, rising as high as 0.15% to the shock of a market ready to declare that Japan had finally lost […]
Will Protectionist Policies Hurt The Indian IT Sector?
India’s US$ 115 billion software services sector has come under tremendous pressure since Donald Trump took over the US presidency, thanks to the protectionist policies and immigration restrictions from the international markets, which make up a bulk of the Indian IT companies’ revenues. The US government has signaled its intention to restrict the number of […]
Most Active Stock Options For End Of Day April 18, 2017 – BAC, WFT, FB, PX, TWX
These were the most active stock options for end of day April 18, 2017
Up And Down
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 113 = 20,523 SPX – 6 = 2342 NAS – 7 = 5849 RUT + 0.71 = 1361 10 Y – .07 = 2.18% OIL – .30 = 52.35 GOLD + 5.20 = 1290.20 One day up, one day down. Housing starts decreased 6.8 […]
On Straight Talk Money: What If The Government Were A Company?
I joined Peggy Tuck this morning on Straight Talk Money radio. First on the agenda: Some wise words from some of the smartest players on Wall Street: Audio Length – 00:06:32 http://charlessizemore.com/wp-content/uploads/2017/04/170418-Staight-Talk1.mp3 And in the next segment… how does the U.S. government compare to America’s largest companies? Audio Length – 00:05:00 http://charlessizemore.com/wp-content/uploads/2017/04/170418-Staight-Talk2.mp3
Watch List Stocks: PEI, NAVI, AOS
Boring stuff from the market today – It was like the bulls and the bears were scared to do anything with the trading session. Where we opened the day at is pretty much where we closed the day. Nothing exciting at all. Today also demonstrated why it is still a very difficult market to short, […]
Navient Will Acquire Approximately $6.9 Billion In Education Loan Assets From JPMorgan Chase
Navient (Nasdaq: NAVI), a leading asset management and business processing services firm announced today it has reached an agreement to purchase JPMorgan Chase’s (NYSE: JPM) approximately $6.9 billion education loan portfolio. “We welcome our new customers, and we commit to delivering best-in-class support to ensure a seamless transition,” said Jack Remondi, president and CEO, Navient. “Leveraging our […]
