Today’s FOMC statement left rates unchanged, but the focus is on the removal of the section on global uncertainty. If you recall during the last meeting there was a good deal of focus on emerging markets and global uncertainty. And
October 28, 2015
Amgen Inc (AMGN) is an American biopharmaceutical company that discovers, develops, and markets human therapeutic drugs. Some of the company’s best-selling drugs include Neulasta/Neupogen, both of which are used to prevent infections in patients undergoing chemotherapy, and Enbrel, which fights rheumatoid
Trader’s interpretation of a Fed interest rate hike first sent buyers running, then shorts were left scrambling as bulls took control. The Russell 2000 had the best of the action after a long period of under performance. It gained almost
GoPro released its latest earnings report after closing bell tonight, posting adjusted earnings of 25 cents per share on revenue of $400.34 million. Analysts had been looking for earnings of 30 cents per share and $433.4 million in revenue. In
Every week here in the Safety Net, I take a look at the safety of a stock’s dividend and assign it a rating of “A” through “F.” An “A” rating means you can pretty much bank on the dividend being
Fed Wednesdays are frequently accompanied by market volatility around the afternoon release of the Fed minutes. Today was no exception. The S&P 500 rallied during the opening 90 minutes and then drifted sideways until about five minutes before the 2PM
The pre-earnings trade on Apple (AAPL) unfolded exactly opposite of expectations. The model pointed bearishly, but AAPL ended the day with a very impressive 4.2% pop that placed it right back where it closed on Friday’s impressive rally. Strength continues
PayPal has released its first earnings report since its July earnings report and being spun off from eBay. The company beat estimates, coming in at adjusted earnings of 31 cents per share and $2.26 billion in revenue. Analysts had been
Note: Casey Research founder Doug Casey answered dozens of investment questions during the recent Casey Research Summit. We transcribed five of Doug’s best answers, and we’re sharing them with you below. What you’re about to read is Doug speaking to
The mavens of Wall Street heard the ‘tough talk’ from the Fed, flipped them off with about as much brazen disregard as Donald Trump might show to his opponents, saw a chance to jam the shorts by gunning stocks higher
