SolarEdge stock has plunged some 20% after Q2 earnings. Q2 financials were within expectations, and guidance for Q3 a bit soft, but not enough to justify the selloff. We argue that market reaction is more related to impending competition from
August 15, 2018
Video length 00:11:16
July retail sales come in well above expectations even accounting for the downward revision in June from 0.4% to 0.2%. The U.S. Census Bureau announced the advance estimates of U.S. retail and food services sales for July 2018. Advance estimates of U.S.
A review of the US equity market. Video Length: 00:12:15
This week: Global equities – death cross breadth and what it’s telling us about emerging markets US cyclicals vs defensives and the S&P500 outlook (a bearish or bullish rotation?) A surge in US credit growth on the cards based on
The housing sector is highly cyclical and sensitive to economic and credit (interest rate) conditions. Below is a chart showing the development of the Housing Sector Index since the beginning of 2016. It is down 13.4% year-to-date while the S&P
Moscow and Ankara may circumvent the US Dollar amid an exploding currency crisis and trade directly with each other using the Russian ruble and Turkish lira, according to Kremlin spokesman Dmitry Peskov. “The issue of using national currencies in bilateral
USAA Investment Management Company allocates its assets across a wide range of mutual fund categories, including both equity and fixed-income funds. The company seeks to follow military values — Service, Loyalty, Honesty, and Integrity — to offer financial services such
It was a slow day trading the prompt month natural gas contract, with the September contract trading in just a 3.3-cent range through the day. It settled down a bit more than half a percent on the day as forecasts
Americans are spending more on filling up. A lot more. According to the Census Bureau, retail sales at gasoline stations had increased by nearly 20% year-over-year (unadjusted) in both May and June 2018. In the latest figures for July, released
