One month after Tesla lost its head of business development who wished to “spend more time with his family”, and just weeks after the EV company’s veteran battery technology director also unexpectedly quit amid a growing senior management exodus (full list at the bottom
October 14, 2017
The Q3 earnings season has gotten underway already, with results from 26 S&P 500 members out at this stage. Total earnings for these 26 index members are up +22.5% from the same period last year on +9.4% higher revenues, with
The Emerging Markets ETF (EEM) did something this week it has been unable to do numerous times over the past five years. Below look at the price pattern of EEM over the past 10 years. CLICK ON CHART TO ENLARGE EEM has
Fundamental Forecast for Gold: Neutral Gold prices fall near two-month lows, CPI to confirm / trigger near-term low Gold prices snapped a four-week losing streak with the precious metal up nearly 2% to trade at 1301 ahead of the New York close on
Shanghai Pharma (SHA: 601607) and FountainVest Partners, a China private equity fund, have submitted second-round bids for Cardinal China’s (NYSE: CAH) drug distribution operations (see story). According to a Bloomberg article, the two entities are part of a smaller group of still-interested bidders
Much of the sentiment and global market data continue to come in on the positive side of the ledger. Friday’s University of Michigan Consumer Sentiment jumped six points to 101.1 for October and is the highest reading in thirteen years. As reported by
Last week, I addressed some interesting stats from Adam Taggart via Peak Prosperity: “It has been over 100 months (more than 8.5 years) since the current bull market began in April of 2009 It has been 15 months since the last (and very brief) drop
The US dollar fell against all the major currencies last week. The downside reversal after the employment data on October 6 set the stage for the pullback. From a fundamental perspective, we cautioned the good news for the dollar had been
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of October 16 October 16 NY Fed Manufacturing Index 20.0 24.4 20.0 Treasury
