Things are about to get interesting this earnings season. The banks unofficially kicked off reporting on Friday with mostly good results. JPMorgan Chase (JPM) beat expectations on both the top and the bottom-line, driven by higher investment banking revenues, while
January 15, 2018
The year is off to a hot start with the dollar sinking and the price of crude oil going up. This week, Eric talks more about the “shockingly weak dollar,” the economic weakness in the U.S., and the continuing fraud
As we enter the Q4 earnings season, this week will see reports from key energy companies. The partial recovery in crude price has strengthened the financial metrics of the energy sector — and helped them pay off a part of
The entirety of 2018 has been paradise for bulls. Triple-digit gains on the Industrials every day. Not a single down day – – not one! – – for the Dow Transports. No bad news, either political or financial, shakes the market.i Steadfastly contrarian soul
It’s hard to tell when a stock is at the end of a strong run, or if the broader market is running out of steam. But one thing to look for is how stocks react to bad news. The more
The last four days have seen the US Dollar plunge 2% – the biggest drop since June 2016… As the chart suggests, there is a key driver of the dollar’s moves. One might argue that the Renminbi has been a more stable
Forecasts of the economic consequences of Brexit are gloomy and pessimistic in the case of the Remainers, and upbeat and optimistic for the Leavers. In the Treasury report on the long-term effects of Britain leaving the European Union published in April 2016,
The fourth-quarter earnings season is expected to be strong, with earnings growth likely to pick up and continue accelerating after dipping in the preceding quarter. The S&P 500 index is anticipated to see earnings growth of 9.2% and revenue growth of 7%.
Imagine that you’re driving down the highway at the speed limit. You’re making good time. But you’ll get there quicker if you go 5 miles per hour faster. Then you decide to go 10 miles per hour faster. Then the
In this update, Tom Cloud reviewed his calls on for the precious metals market last year and what he sees taking place in 2018.T om discusses their price targets and the overall precious metals market. For example, Tom’s forecast for
