After three straight bullish EIA prints the last three weeks, today’s release missed on the bearish side of expectations as the EIA reported a larger injection of gas into storage last week than expected. The result was a continuation of
May 3, 2018
After three straight bullish EIA prints the last three weeks, today’s release missed on the bearish side of expectations as the EIA reported a larger injection of gas into storage last week than expected. The result was a continuation of
Note: We’ve updated the charts below based on monthly data through April. Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in
Shake Shack Inc. (SHAK – Free Report) ) just released its latest quarterly financial results, posting earnings of $0.13 per share and revenues of $99.1 million. Currently, Shake Shack is a Zacks Rank #3 (Hold), but that could change based on today’s results. Shares
Amazon, everyone’s market darling has once again had a blowout quarter and reported fantastic earnings. We’re talking revenue of $51.04 billion vs. $49.78 billion estimate and the big one – EPS of $3.27 per share vs an estimated $1.26. Some
The transportation sector is riding high on first-quarter financial results, with total earnings from 97.8% of the sector’s total market capitalization, reported so far, up 20.9% on revenue growth of 8.7%. Both revenue and earnings surprises of 76.9% also seem impressive. This
The GDPNow forecast is 4.0, down from 4.1% on May 1. The Atlanta Fed GDPNow Model Forecast inched slightly lower on May 3. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is
Today’s market… Video length: 00:01:26 S&P and Dow both broke below their 200DMAs but the intraday chart of cash indices today shows the massive rebound off the 200DMA (that began as Europe closed).. And took stocks back to unchanged… and
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The Barchart Chart of the Day belongs to Apptio (APTI). I found the internet software stock by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price
