The recent market rise was fueled by an intended “collusion.” A combination of short-covering, higher oil prices, and what I’d describe as just a planted seed (phony oil-cut story out of the UAE last week). A story which occurred right
February 17, 2016
The U.S. dollar (USD) has gained over 35% against major currencies since 2011. China’s government has pegged its currency, the yuan (renminbi) to the USD for many years. Until mid-2005, the yuan was pegged at about 8.3 to the dollar. After
Newmont Mining Corp. (NEM – Analyst Report) released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.04 per share and revenue of $1.816 billion. Currently, NEM has a Zacks Rank #3 (Hold), but it is subject to change following the release
Photo Credit: Ron Dauphin Anyone that follows the Estimize consensus knows that it’s a pretty rare occurrence when our crowdsourced expectations are below the Wall Street consensus. Up until this morning this was the case with Wal-Mart (WMT), typically seen as bearish signal.
Inquiring minds might be interested in stats on French and Italian bank deposits and deposit guarantees. Let’s start with a look at equity in FGDR, the French guarantee company vs. the amount of deposits according to ECB stats. FGDR Equity
Slow economic calendar During the day on Thursday, there’s very little in the way of announcements to get the market moving in any drastic fashion, but the few that we do have come out of America. With fact, we feel
Slow economic calendar During the day on Thursday, there’s very little in the way of announcements to get the market moving in any drastic fashion, but the few that we do have come out of America. With fact, we feel
GoDaddy Inc. (GDDY – Snapshot Report) released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.00 per share and revenue of $425.4 million. Currently, GDDY has a Zacks Rank #2 (Buy), but it is subject to change following the release of
While the eurodollar system has attained the full functions of a banking system in parallel to (and in many ways superseding) the onshore dollar version, at its core remains its primary purpose as a means to solve global payments. It
Some people are more fun when they’ve had a few drinks. I, on the other hand, am a lot more fun with the market is in a free-fall. Those of you who watch me on Tastytrade probably know this already. I’m cheerful,
