The headlines say seasonally adjusted Industrial Production (IP) declined (the manufacturing portion of this index was also down month-over-month). Consider this a soft data point that was expected – but it is marginally worse than what was expected.
September 15, 2015
Some major banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, and are now shedding tens of thousands of workers. Some recent
Here is the daily chart from NFTRH 360, which also used weekly and monthly charts of SPX to make its points, along with weeklies of several other indexes. Here is a short clip from the analysis that accompanied it.
Last month we reported “Out of the Blue” Plunge in New York Region Manufacturing; Optimism Persists As expected in this corner, there was absolutely no reason to be optimistic about manufacturing. Nonetheless, economists expected a snap-back. The Bloomberg Consensus Estimate for the Empire
SolarEdge Technologies Inc. (NASDAQ: SEDG) – Sell or Short Recommendation – PT $26.25 September 22, 2015 ends the 180-day lockup period on SolarEdge Technologies . With the conclusion of the lockup period, the company’s pre-IPO shareholders will have an opportunity to sell
I see that the apologists for the status quo are actively ‘refuting’ the tightness of physical gold in the London markets, largely by ignoring that and concentrating on the Comex, which they assert is ‘well-stocked.’ Clever people learn from the political process
The market’s in correction mode right now, so it’s not a fun time to be buying much of anything. But these are precisely the times you need to be putting your buy list together. While the overall market is still
Apple (AAPL) opted to use its own A9X ARM-based processor for its iPad Pro. However, this is still somewhat a blessing for Intel (INTC) because the iPad Pro is unlikely to cannibalize sales of Intel-powered MacBooks. The other positive thing
Downturn in precious metals prices has badly impacted miners which are considered leveraged plays on the metals. While gold and silver prices are down about 7% this year, gold miners ETF is down more than 28% and silver miners ETF
Former Greek prime minister Alexis Tsipras who resigned on August 20 in the wake of his historic cave-in to the Troika, engaged in a Head-to-Head TV Debate yesterday with New Democracy leader Evangelos Meimarakis. Monday night’s debate featured sharp exchanges between former
