Commentary and Performance Stocks are hitting some air pockets of resistance. All three major indexes were down: SP-500 @ 2018.84 (-11.83 / -0.58%); Nasdaq-100 @ 4413.52 (-24.66 / -0.56%); and Russell-2000 @ 1144.95 (-18.32 / -157%). The VIX has bottomed for now and put in a bullish reversal by surpassing yesterday’s high
October 21, 2015
Kinder Morgan (KMI – Analyst Report) is the Houston headquartered energy company that provides energy products like natural gas, refined petroleum products, crude oil, ethanol, coal and carbon dioxide (CO2). The Company operates: natural gas pipelines in the Rocky Mountains, the Midwest
When it comes to assets, economists, Wall Street, and central planners love them all… except one: gold. Forget about Bernanke’s hilarious sworn testimony that gold has “value only due to tradition”, and recall Mario Draghi’s QE announcement in December 2014 when
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 48 = 17,168 SPX – 11 = 2018 NAS – 40 = 4840 10 YR YLD – .04 = 2.03% OIL – 1.08 = 45.21 GOLD – 9.10
The deluge of earnings continues, with these five big names set to report tomorrow. Under Armour (UA) Consumer Discretionary – Textiles, Apparel & Luxury Goods | Reports October 22, before the open. Estimize is currently expecting EPS of $0.45, one
Founded in 1988, Paradise, Nevada-based Las Vegas Sands Corp (LVS) is an American casino and resort operating company and a leading global developer of destination properties. The company owns The Venetian Resort Hotel Casino and The Palazzo in Las Vegas as well
Rising economic inequality tends to generate political instability for all the obvious reasons: the rich get richer, the poor get poorer, the rich say let them eat brioche and next thing you know, the ungrateful wretches are tearing down the Bastille and a
Although the trade numbers from Japan were below forecasters projections the street was abuzz with speculation of further BOJ intervention and so we saw the Nikkei close up 2% today. The same could not be said for Shanghai (closed down 3.5%) whilst the HSI
ECB interest rate day During the session on Thursday, the European Central Bank has an interest rate decision and rate statement following that could move the markets. With this being the case, we pay quite a bit attention to the
Founded in 1850, New York City-based American Express Co (AXP) is an American financial services company best known for its prestigious credit card business. The company is also one of the 30 components of the Dow Jones Industrial Average. Currently, American Express
