And I suspect Amazon’s (AMZN) big after-hours drop won’t help matters on Friday.
October 27, 2016
Expedia Inc. (EXPE – Analyst Report) released its third quarter fiscal 2016 financial results, posting earnings of $2.24 and revenue of $2.6 billion. EXPE is a Zacks Rank #3 (Hold), and is up 2.04% to $129.00 per share in after-hours trading shortly
I suspect most of you have never looked up to see a throng of vampire bats overhead. Please imagine if you will, what emotions that sight might evoke. Terror? Awe? Both? Now substitute bats flying overhead with the image of
Another day, another pump-n-dump… For a few brief shining moments this morning, everything was awesome, but then – once again – the selling started… Bonds & Stocks were slammed… As Risk parity funds dumped… As Bond-Stock correlation leaked back to
Alphabet (GOOG) and LinkedIn (LNKD) released their latest earnings reports after closing bell tonight. Alphabet posted adjusted earnings of $9.06 per share on $22.45 billion in revenue. Analysts were expecting $8.62 per share in adjusted earnings and $22.05 billion in
In an interesting tweet that shows investor herding into a small subset of high-beta stocks, Jeff Macke notes Facebook, Amazon, Netflix, and Google, collectively named (FANG) account for over 90% of S&P 500 market cap gains since December 2014. Google Beats Both
Gold and silver managed to move higher despite the stronger dollar, with gold showing a little more strength. With the VIX also climbing, this looked like a flight to safety of some modest proportion. Gold is obviously caught in a
The shares of cruise operators are falling after JPMorgan downgraded its ratings on two stocks in the sector, Royal Caribbean (RCL) and Norwegian Cruise Lines (NCLH), to Neutral from Overweight. The sector’s net yields and prices probably won’t rebound significantly,
A review of the day’s trading in the agriculture markets. (Video length: 00:08:20)
My father was born in 1933 in a tiny fishing village in southern India. He told me how as a kid he had just one set of good clothes and how getting to school required swimming some distance. Water surrounds
