With oil back below $50 a barrel, the Chinese economy slowing, and the dollar staying strong, this could look like a terrible time to invest anywhere near the materials space. In fact, in the wake of petroleum prices dropping more
October 15, 2015
Quarter after quarter Netflix bulls tout how impressive the company’s subscriber growth numbers are. Despite underlying issues, which these investors care little about, as long as subscriber growth remains on the uptick, the stock follows suit. So what happens when
In the third quarter, the health insurance sector heard increased chatter about the mega deals that were announced in the second quarter. These deals also were scrutinized by senators as well as candidates running for the 2016 presidential elections. The
The Chart of the Day belongs to SkyWest (NASDAQ:SKYW). I found the air transportation stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha above 50.00+ and then again for technical buy signals of 80% or better. SkyWest, Inc., through
Gold and silver paused today, after bumping their heads for most of the New York trade against overhead resistance. The dollar rallied back a bit today, at least as measured by the DX index. Why? Because the euro was lower,
Mattel and Advanced Micro Devices released their latest earnings reports after closing bell tonight. Mattel missed estimates widely, posting adjusted earnings of 71 cents per share, compared to last year’s 98 cents per share, on $1.79 billion in revenue. Analysts
Prices do not rise forever. A topping pattern marks the end of a rising price pattern. When topping is complete, prices fall.
Moments ago energy infrastructure giant Schulmberger reported third quarter earnings. We won’t waste much time on the numbers (EPS of $0.78 beat consensus estimates by 1 cent due to $545 million in buybacks, and a drop in the effective tax
The US Government and the Fed measure inflation in a way that is tantamount to reverse Robin Hood theft. Government measures cheat savers and particularly senior citizens while subsidizing the wealthiest big banks and leveraged speculators. They do so by giving
The economic news this morning was simply awful. You can skip over the unemployment claims figures, and take them with a grain of salt. They do not show a ‘strong labor recovery’ to anyone who has an open, reasoning mind.
