In keeping with the great reports elsewhere, the Markit Flash PMI showed economic strength. Private sector growth reached a 9 month high in October mainly because of the improvement in manufacturing. The composite output index was 55.7 which was an
October 26, 2017
(Video length 00:10:09) A review of the day’s trading in the agriculture markets.
Intel Corporation (INTC – Free Report) just released its third-quarter 2017 financial results, posting earnings of 94 cents per share and revenues of $16.1 billion. Currently, INTC is a Zacks Rank #2 (Buy) and is down over 1% to $40.85
Hmmmm…Wall of worry indeed.. Video length: 00:01:27 Chaotic flip-flopping headlines hit Spanish stocks today (and continued after the close)… While Trannies had a big day, S&P and Nasdaq were very quiet… And even as VIX rallied, S&P Futs flatlined… The
The real action was yesterday, today wasn’t one to write anything home about. There was some gap moves at the open but they didn’t change the picture by end-of-day. The best you could probably draw from today was the inside
Tax reform season is upon us. The White House and Congressional Republicans promise that their unified framework for tax reform will “fuel unprecedented economic growth.” The President has touted numbers as high as 6 percent. His more cautious advisers suggest 3 percent,
For investors seeking momentum, PowerShares S&P 500 Enhanced Value Portfolio (SPVU – Free Report) is probably on radar now. The fund just hit a 52-week high and is up about 30.6% from its 52-week low price of $25.65/share. But are more gains in
The Chinese government has sold its first dollar bond issue in thirteen years. Given that fact alone, the idea is causing more than a little confusion, perhaps consternation. Why now? What are they really up to? It seems as if
The commentary that I read this morning attributed most of yesterday’s selling to rising rates, both domestic and foreign, and due to the fact that selling was overdue. Cramer made the point on the podcast of his show last night
Stocks were quiet today as all eyes were on the big earnings announcements after the close. In tonight’s video update, we look at the reaction to earnings announcements from GOOGL, AMZN, MSFT, and INTC. Watch the video tonight to see
