Strong Employment Data The Federal Reserve has a dual mandate (employment and inflation). With the unemployment rate hovering near the Fed’s stated level of full employment, it is getting harder and harder to justify keeping rates at “the world is
September 9, 2015
Box, Inc. (BOX – Snapshot Report) reported second-quarter fiscal 2016 loss of 40 cents per share, wider than the Zacks Consensus Estimate of a loss of 38 cents. Adjusted loss per share excludes one-time items but includes stock-based compensation expense. Nevertheless, share price
For the last 35 years, The Dow Industrials has found one technical level to be crucially important in knowing “when to bail on stocks.” Currently that level is 15,334 – a closing break below spells significant downside… Of course, none
Battered by the China-led global rout, Japanese stocks made a spectacular comeback in today’s trading session. The Nikkei 225 Stock Average skyrocketed nearly 8%, representing the biggest one-day jump in seven years. Steep gains came after a day when the
It was an ugly sell off, but Tuesday’s lows weren’t challenged and this will stand in bulls favor tomorrow. However, the day itself was clearly one where bears had control from the open through to the close. There is still
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. CAR T-cell therapies show amazing potential in treating blood cancers, but there’s a lot of work to do
The US Daily Cash Deficit for August 2015 was $98B. This brings the 2015 year to date cash deficit to $368B, an $83B improvement over 2014’s $451B deficit through 8 months. Click on picture to enlarge Revenue: Revenues were strong at
The US stock market saw extreme volatility on Monday, August 24th, with some crazy trading after market open. Many stocks declined sharply and many ETFs fell 20% or more and some as much as 30%-45%, even though their underlying stocks
Ernie Varitimos talks about gold and the chances of Fed rate hike. Video Length: 00:06:59
The Fed wants to raise their key interest rate by 25 basis points next week, at their meeting on September 16-17. The reason they would like to raise is not because of the real economy or any concerns about inflation
