The Chart Every 25-Year-Old Should Ignore
The ongoing quest by Wall Street to annuitize their income streams by convincing masses of unwitting individuals to stick their hard earned “savings” into volatile investments and forget about them for an annual fee continues. The latest comes from JP Morgan. (Explanation by Andy Kiersz via BI) “JPMorgan shows outcomes for four hypothetical investors who invest $10,000 a year at […]
Lannett Drops After ‘Unanticipated Market Softness’ Prompts Guidance Review
Shares of Lannett Company (LCI) slid in early trading after the company said it would review its sales guidance for fiscal year 2016. The generic drug maker also said it is in talks to re-establish business relations with a key customer. WHAT’S NEW: Citing “unanticipated market softness,” Lannett said it would review its sales guidance […]
The FTSE 100 May Be About To Break Its Range
The FTSE 100 is trapped between last week’s low of 6002 (ECB rate meeting low) and the March 4 high of 6221. On a breach to the upper end of this range, price may reach the December 29 high of 6322 followed by the December 12 high of 6449. On a break to last week’s low of […]
Weekly Forex Forecast – March 14, 2016
USD/CAD The USD/CAD pair fell during the course of the week, testing a significant uptrend line in this pair. It is because of this that I feel we need to pay attention to this market over the next week or so. I also believe that the 1.30 level just below will be massively supportive, so […]
Bear Of The Day: Fifth Third Bancorp
At the beginning of the year, regional bank stocks like Fifth Third (FITB – Analyst Report) looked to be prime position. The prospect of higher interest rates was going to boost companies in this sector by increasing the spread between what they paid out on deposits, and what they could earn on loans. What a difference a […]
E The Daily Shot And Data – March 14, 2016
Once again we start with the Eurozone where analysts have focused on the rationale behind Draghi’s statement: “we don’t anticipate that it will be necessary to reduce rates further”. As discussed on Friday, Draghi’s ending of a further push into negative rates was meant to safeguard the financial system. Negative rates on reserve balances (which […]
Russian Support For Iranian Oil Output Increase Sends Crude Crashing Below $37
Remember last week when oil prices spiked despite a rise in crude production, inventory builds, continuing storage concerns at Cushing, and the admission that there is no March OPEC/NOPEC “freeze” meeting. Well that’s all over as Russia’s Oil Minister Novak confirms Russia’s acceptance of Iranian rights to increase oil output post-sanctions, thus blowing away any ideas […]
Zika, ZIRP, And NIRP Viruses
The Zika virus is the newest threat to humanity, especially pregnant women, so they say. Big Pharma is working feverishly to create a vaccine. Chances are the vaccine will be created, highly profitable, and Big Pharma will be “held harmless” for injuries to those who were vaccinated. Add GM mosquitos, birth defects, Brazilian Olympics, big […]
Five Stocks To Watch This Week – March 14, 2016
All of these names have one big thing in common, their expectations have been revised upwards ahead of this week’s reports. Keep an eye on these earnings releases. Tuesday, March 15 Wednesday, March 16 Thursday, March 17 3D Systems (DDD) Information Technology – Computers & Peripherals | Reports March 15, before the open. The Estimize […]
US Retail Sales: February 2016 Preview
US retail sales are expected to remain unchanged in tomorrow’s February report vs. the previous month, according to The Capital Spectator’s average point forecast for several econometric estimates. The average prediction marks a modest decline vs. the increase in the previous month. The Capital Spectator’s average forecast for February is slightly above three projections via […]
