November 1, 2016
Etsy, Inc. (ETSY – Free Report) released its third-quarter earnings results, posting earnings of -$0.02 per share and revenue of $87.6 million. Currently, ETSY has a Zacks Rank #5 (Strong Sell), but it is subject to change following the release of the company’s latest earnings
EURUSD: The pair closed strongly higher on Tuesday leaving risk higher in the days ahead towards its key resistance at 1.1122 level. On the down, support lies at the 1.1000 level where a violation will aim at the 1.0950 level.
Headline auto sales appear to be slightly better than expected for the month of October with a total SAAR of 18.0mm vs. estimates of 17.6mm. That said, GM reported a substantial inventory build which added roughly 50,000 units to monthly sales and we’re
Many of us were shocked by the debacle that ended with Samsung pulling its Galaxy Note 7 smartphone off of the market and recalling every one of them sold. Numerous people reported that their Galaxy Note 7 had spontaneously burst into
T2108 Status: 25.2% (as low as 22.9%)T2107 Status: 52.3%VIX Status: 18.6 (an 8.8% gain, the VIX was as high as 20.4)General (Short-term) Trading Call: neutral (see caveats below)Active T2108 periods: Day #177 over 20%, Day #3 under 30% (underperiod), Day
Throughout Milton Friedman’s (and Anna Schwartz) seminal book A Monetary History he tries to make the case that suspension of convertibility would have alleviated much of the suffering of the Great Depression. It had in the past worked in that sort of
The Dow Jones Industrial Average fell sharply on Tuesday as investors remain skittish on the outcome of next week’s presidential election. Over the last few days, the markets seemed to be in a holding pattern ahead of next Tuesday’s national vote. However,
Gilead Sciences Inc. (GILD – Free Report) released its third quarter fiscal 2016 financial results, posting earnings of $2.70 and revenues of $7.4 billion. GILD is a Zacks Rank #5 (Strong Sell), and is up 0.24% to $74.25 per share in after-hours
We have extraordinary risk, OK? Anyone telling you otherwise is blind, trying to sell you something, or just plain stupid. It’s a result of the mispricing of assets globally, and that is 2 parts globally coordinated central bank policies which are skewing
