After the closing bell on Wednesday, Tesla Motors (TSLA – Free Report) reported disappointing results for the third quarter of 2017. The electric carmaker reported the biggest loss ever in its history, missing our earnings estimate despite better-than-expected revenue numbers. It also
November 2, 2017
The Banks Have Had A Great Run Globally The chart below shows an interesting global trend which has been occurring in the past few quarters. As you can see, bank stocks’ 12 month forward multiples are rising in Japan, America,
The other day I stumbled upon this great tweet from Holger Zschaepitz, the senior editor of the financial desk of the German newspaper, Die Welt. I have often said the last thing any equity bull should hope for is a strong
The Q3 earnings season is approaching its end, with 65.4% S&P 500 companies having already released results. The season has also seen releases from 67.7% of the companies in the energy space, belonging to the index. According to the latest Earnings
While Apple gets a freebie in the current (fourth fiscal) quarter, as it came just before the official release of the iPhone 8 and X, traders were still looking at overall trends and guidance from Tim Cook on what to
Today we heard the Federal Reserve Chairman nominee-Jerome Powell. Mr. Powell is mostly in-line with Yellen when it comes to interest rate policy. He views a gradual rise in rates appropriate. The biggest criticism I found is that he is not
Perpetually slow growth has been the ethos of this 8 year recovery cycle. The New Normal mantra coined by PIMCO in 2009 has become ubiquitous in financial circles to distinguish this sluggish expansion cycle from all others. Our lethargic global recovery
Here is the latest update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly average of daily closes for the past month. For the earnings, see
Early morning selling was reversed by the close to leave markets in a stable position and their rallies intact. For the S&P, the risk of a ‘bull trap’ was negated with a return to support on higher volume accumulation. The
Video length: 00:06:09 AAPL beats earnings estimates sending the stock to new all time highs. AAPL has become the first $900 billion company and may be on the way to the first $1 trillion company. Stocks continue the momentum. Watch
