Once a week I like to step back and look at the big picture. Stock prices ran up too high through the end of January, and now stocks are struggling to maintain high valuations while oil prices and interest rates
May 5, 2018
Spectrum Pharmaceuticals, Inc. (SPPI – Free Report) incurred a loss of 16 cents per share in the first quarter of 2018, narrower than the Zacks Consensus Estimate of a loss of 24 cents and the year-ago quarter loss of 30
Traders, analysts and strategists have been stumped by a market paradox in recent weeks: despite earnings that have been off the charts, rising 24% Y/Y (the most since 2010, if largely thanks to Trump’s tax reform), the S&P is still
The US Dollar enjoyed another week of significant gains, at times defying news that could have turned it around. Can it continue rising or will it correct to the downside? The inflation report stands in a week that also features
In “It’s ‘Grotesque’! Of Buybacks And Leverage“, we highlighted a recent Bloomberg interview with SocGen’s Andrew Lapthorne who is just as concerned as ever about corporate leverage and is just as unconvinced as he was last year about the relative merits of
Apple stock (Nasdaq:AAPL) was up almost four percent on Friday due in part to Berkshire Hathaway revealing a big stake in Apple shares. But one thing he said bothered us. Blackberry 10 Years Ago? Did Warren Buffett just compare Apple to BlackBerry?
Bitcoin is about to rise 20%, sooner rather than later. Why? Because of its chart setup: a breakout one month ago combined with a gap between 10,000 and 12,000. Once again, the chart says it all. By the way, this
Bitcoin is about to rise 20%, sooner rather than later. Why? Because of its chart setup: a breakout one month ago combined with a gap between 10,000 and 12,000. Once again, the chart says it all. By the way, this
The narrative about the Q1 earnings season is one of all-around strength. But you wouldn’t see evidence of this strength in the stock market’s recent performance. The major indexes haven’t done much since the start of the year and performance
Dollar/CAD traded sideways for another week. Is the pair about to resume its rise or is it due for a turnaround? Canada’s jobs report stands out. Here are the highlights and an updated technical analysis for USD/CAD. The Canadian economy grew
