Econintersect’s Economic Index declined and is barely positive – and still remains at the lowest value since the end of the Great Recession. The tracked sectors of the economy which showed growth were mostly offset by the sectors in contraction. Our
January 25, 2016
Asia’s response to the late US rally in stocks was to play catch-up this morning with all core Indices closing up around 1%; roughly where they opened. The ASX followed the surge in oil prices with a gain of almost
It looks like longs weren’t prepared to wait for a test of Oct-Dec trading ranges before dumping their positions. Instead, longs took advantage of nascent strength to sell existing positions. If there was a bullish take from this, then it’s
Sprint Corporation (S – Analyst Report) – a leading telecom operator in the U.S. –is scheduled to report third-quarter fiscal 2015 financial numbers on Jan 26, before the market opens. Last quarter, the company delivered a 44.44% negative earnings surprise. Moreover, the company’s
“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” -Benjamin Graham, The Intelligent Investor Are you concerned about the markets right now? Do you worry about how
More and more the media are finally starting to get the message about Chinese liquidity and its tendency for or against “devaluation.” For their part, the PBOC has been quite clear about its intentions all along; it was only the
The risk asset bounce we discussed a week ago finally materialized on Friday as more short-covering ensued. This type of volatility is likely to continue. Since crude oil now drives much of the market sentiment, let’s begin with the energy
ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities. When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation
As of June 2008 no Wall Street banking house was predicting a recession, yet by then the Great Recession—–the worst economic downturn since the 1930s—– was already six months old, as per the NBER’s subsequent official reckoning. Actually, it was already several years old if you
Photo Credit: Intel Free Press VMware, Inc. (VMW) Information Technology – Software | Reports January 26, After Market Closes Key Takeaways The Estimize community is expecting EPS of $1.25 and revenue of $1.857 billion, right in line with Wall Street’s estimates The
