Following last week’s builds overall and at Cushing, and Genscape’s Cushing build warnings, expectations were for a 3.3m build overall (and 700k build at Cushing). API reported a massive 9.9mm build – the largest since April 2015; and a yuuge build at Cushing
March 1, 2016
Photo Credit:thinkretail The early half of this decade was looking quite grim for teen retailers. Companies including Abercrombie (ANF) and American Eagle (AEO) were seeing sharp declines in earnings as preferences were changing. Teens were no longer yearning for the
Silver, at this current time of writing, remains below $15.00 per ounce; it is sitting at $14.76. This price is absurdly cheap given the current state of the global economy and the uncertainty that the world now faces. One of
“The wealth of another region excites their greed; and if it is weak, their lust for power as well. Nothing from the rising to the setting of the sun is enough for them. Among all others only they are compelled
Zynga Inc. (Nasdaq:ZNGA) shares rallied in after-hours trade after the game maker announced the appointment of a new CEO less than a year after founder Mark Pincus took the role back from Xbox veteran Don Mattrick. Shares of Zynga climbed 5.56% to
Equity markets rallied around the globe today. Before the US markets opened, the Shanghai Composite had posted a 1.68% gain, European indexes were strong, and the Euro STOXX 50 would ultimately close with a 1.72% advance. The S&P 500 opened
These three events are what every investor should be watching closely. What happens with each will determine if stocks head up, down, or sideways in March, and if you keep a close eye on them will know if it is
Global Manufacturing PMI Signals Stagnation in February The word of the day is “stagnation”. According to Markit, German manufacturing is at a 15-month low; Eurozone manufacturing is at a 12-month low; US production is weakest since October 2013; Chinese manufacturing
Photo Credit: Mike Mozart Costco Wholesale Corporation (COST) Consumer Staples – Food & Staples Retailing | Reports March 2, After Market Close Beloved warehouse retailer, Costco, is scheduled to report FQ2 2016 earnings March 2, after the market closes. Last quarter the
Great day for the Apple (AAPL) stock, but the weekly still poses some major issues. First there is still a full-fledged head and shoulders pattern that is still playing out, and if the weekly chart ever closes below $92, it will be
