Last night I asked, “Does that make Nasdaq, Semis and Transports anomalies or harbingers?” Reason being yesterday’s break of S1 or the daily pivot support point. Today, Semiconductors and Transportation continued to decline while QQQs, IWM and SPY did as
January 25, 2018
Missouri-based investment firm Wedgewood Partners loves Celgene Corporation (CELG), an $81-billion global biopharmaceutical company whose shares lost nearly 10% of their value in 2017. In its Q4 investor letter (you can download a copy here), Wedgewood said that Celgene was a top
Starbucks Corp. (SBUX – Free Report) just released its first quarter fiscal 2018 financial results, posting non-GAAP earnings of 65 cents per share and revenues of $6 billion. Currently, SBUX is a #3 (Hold) and is down 3.3% to $58.55 per
As we indicated in Part 2, the very idea that you would pay 26X EPS for the S&P 500 at the tail end of a 103-month-long recovery cycle is truly ludicrous. That is, there is a time to anticipate strong profits rebound
How natural gas prices traded today depends significantly upon where you look along the strip. If your focus remains on the prompt month February contract which hits options expiry tomorrow, prices pulled back decently today. If you focus further along
While there are those who saw October and more so November spikes in real estate and housing estimates as the beginning of the something big, all the December 2017 statistics suggest nothing more than the easily anticipated hurricane anomalies. Housing
Video length: 00:09:08 The dollar index continues to take a beating dropping below the crucial 90 level as the administration says they are okay with a weak dollar. In tonight’s video newsletter we analyze sleeper ETFs that are poised to
Western Digital (WDC) reports Q2 revenue $5.34B, consensus $5.30B. CEO Steve Milligan says: “We continued our strong financial performance in the December quarter, with nine percent year-over-year revenue growth, driven by each of our major end-market categories and solid execution
Video length: 00:12:20
Video length: 00:12:20
