I have a fascination with traffic cops. They keep track of which cars to hold up and which ones to let move forward. They watch pedestrians crossing the street. They blow whistles. They often entertain, moving their arms and legs
April 27, 2017
The markets today were patiently waiting for the big earnings announcements after the close. GOOGL and AMZN have both moved higher right to their expected moves that we have been watching. In tonight’s video let’s look at what to expect
Latin Report *Cemex reported a nifty rise in Q1 profits thanks to lower financial costs. CX net came in at $336 mn, nearly 10x prior year level of $35 mn! Sales were up 1% to $3.1 bn but up 6%
There is a joke that has circulated for some time that goes something like this: How do you become a millionaire? Be a billionaire and start an airline. For decades, the airline industry was incapable of producing strong profitability. In
It was another quiet day for indices but the Semiconductor index was able to add over 1% on the day. This also helped post gains to the Nasdaq 100, although there was a relative gain for the Semiconductor Index against the
Two central banks were in play today, but neither moved on rates which was very much expected by the markets. The BOJ did however raise its economic forecast although that did not help support the Nikkei which closed small down
Let me tell you a little story. It starts in November 2008 when the Federal Reserve launched an $800 billion bond-buying program to lower lending costs for borrowers as well as home buyers. The program was called “quantitative easing” (QE),
Microsoft and Intel released their latest earning reports after closing bell tonight. Microsoft reported adjusted earnings of 73 cents per share on $22.1 billion in GAAP revenue and $23.5 billion in non-GAAP revenue, compared to the analyst estimates of 70
Everyone interested in managing their own money ought to keep an old idiom in mind: if it seems too good to be true, it probably is. Unfortunately, greed is a powerful motivator. It’s tempting to see a new model with
Total new orders for durable goods, including orders for new transportation equipment, were estimated to have been $238.7 billion in March 2017 on a seasonally-adjusted basis. That is 9% better than the most recent low point figured for June last
