Spotify (SPOT – Free Report) went public in early April at a time when subscription-based streaming was mainstream, and maybe that’s the problem. Amid increased competition from Apple (AAPL – Free Report) Music in the U.S., along with competing services from other tech powerhouses,
October 11, 2018
This week I’m seeking a prestigious and long-term dividend paying stock from the financial services sector. Financial Services includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such
JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) are scheduled to report quarterly results before the open on October 12. What to watch for: 1. OUTLOOKS: Last company’s earnings call, Wells Fargo CEO Tim Sloan said that the bank is
“No regulatory penalties, no criminal indictments for fraud, no clawbacks, no prohibitions of bonuses at least during early phase of financial market recovery, all of this sticks in my mind as unjustifiable— and imprudent, as it taught a lasting
After a steady decline from 1981, US 10-year and 30-year treasury yields found a likely bottom and have been rising since mid-year 2016 – as can be seen in the charts below. The 10-year yield has risen above 3% and
We are on the verge of moving into an era of high interest rates, so markets will behave differently from any time since the early-1980s. There are enough similarities with the post-Bretton Woods era of the 1970s to give us
After pausing briefly on this morning’s slightly softer-than-anticipated inflation data (see my colleague Fawad Razaqzada’s post, “Dollar extends but CPI miss not a game changer” for more), US stocks have resumed yesterday’s selling rout. As of writing, the Dow Jones Industrial Average is trading
In tonight’s video, Corey updates the big movement across the sectors and where strength and weakness lie (and thus opportunity). Finally, he pinpoints the key Gravity Points on the /ES Daily Chart for planning the next swing, one of which
Natural gas volatility seems here to stay, with weaker cash prices and a bearish EIA print hitting prices today before more bullish weather trends helped reverse the natural gas futures curve into the settle. The end result was a loss
It was all going so well… China was ugly overnight with about 1000 companies halted 10% limit-down… AsiaPac was a bloodbath… (down 10 days in a row and 27% from the highs) Europe plunged (led by Italy)… US Futures
