I joined Peggy Tuck this morning on Straight Talk Money to chat about, among other things, the price of crude oil, China’s potential hard landing, and negative interest rates coming down the pipeline from the Fed: http://charlessizemore.com/wp-content/uploads/2016/02/StraightTalk160201p1.mp3 Has crude oil finally bottomed?
February 1, 2016
Despite a better than previous Chinese PMI release (48.4 against a previous 48.2) it was not what was expected (48.6) and so the Shanghai Index just could not make headway and eventually closed down 1.8%. Japan, on the other-hand, was
Pattern analysis is dismissed primarily by pundits who missed the unfolding of the entire 2015 distribution year, and on-top of that the forecast ‘brick-wall of resistance’ at tail-end 2015 as trades would settle in the new tax year. On top
There was a lot of profit taking on Monday in the oil market. Will we still finish the week higher after such a slow start to the trading week? Well we did last week, so it is not entirely impossible.
Aflac Inc. (AFL – Analyst Report) just released their fourth quarter fiscal 2015 earnings results, posting earnings of $1.56 and revenue of $5.3 billion. Currently, AFL has a Zacks Rank #3 (Hold), but it is subject to change following the release of the
Shares of Alphabet (GOOG, GOOGL) surged after the company reported fourth quarter results Monday, with after-hours stock prices signaling it has overtaken Apple (AAPL) as the world’s most valuable publicly traded company. WHAT’S NEW: Alphabet reported Q4 EPS of $8.67,
GBPUSD: With the pair reversing its Friday losses to close higher on Monday, further recovery is now envisaged in the days ahead. It must trade and hold above range to create scope for more strength. Support lies at the 1.4400
Abbott Laboratories (ABT) Acquires Alere (ALR) – Stock Soars 45% At Market Opening Alere Product Line Offers Synergies and Boosts Global Diagnostics Presence 2015 Revenues of Alere Are Estimated in $2.5B Range So Deal is About 2.3X Sales Alere has a broad-based product
Yes, it’s true, I just can’t come up with the right theme for Monday. Forgive me a short comment. There was some economic data today but most of it was either unremarkable or weak. For example, important income and spending
To an economist, the economy can bear no recession. In times of heavy central bank activity, an economy can never be in recession. Those appear to be the only dynamic factors that drive economic interpretation in the mainstream. And they
