Summary An ETF’s expense ratio is misleading, in some ways, as it only relates a fund’s expenses to the size of its AUM. When trying to determine the true nature of the burden expenses place on a fund, it would seem desirable to relate them to the fund’s income. It would serve the transparency of…
The stock whisper of the day is: (GDX), (HAL), (SDRL), (RIG) . Video Length: 00:04:03
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH15 +1.15%) this morning are up +1.06% and European stocks are up +2.35% as energy producers gained as crude oil rallied and on carry-over support from yesterday’s FOMC meeting where the Fed pledged patience on raising interest rates. European stocks also received a boost after German investor confidence rose…
Jabil Circuit Inc. (JBL – Analyst Report) reported first-quarter fiscal 2015 earnings (including share-based compensation) of 46 cents per share, which convincingly beat the Zacks Consensus Estimate of 40 cents. However, earnings per share declined significantly from 54 cents reported in the year-ago quarter. Jabil Circuit Inc, which makes phone casings for Apple Inc. (AAPL – Analyst Report), posted a…
The U.S. economy can handle higher interest rates, and the Federal Reserve’s policy-making committee has signaled such a move is likely by summer. The Fed has kept short term borrowing rates near zero since December 2008 to support recovery from the financial crisis; however, the economy is picking up steam—GDP growth should be in the range…
Since 2010, the average return for our weekly best scoring small caps has outpaced the R2K by a median 711 bps over the following year. The best performers from one year ago are HA up 164%, UEIC up 65%, and ODFL up 50%. The best small cap sector is utilities. The top small…
“Normal” Dow: Click on picture to enlarge Nikkei: Click on picture to enlarge
Yesterday’s update of the Federal Reserve’s quarterly economic forecast is a minor triumph for optimism. The central bank still expects that US GDP in 2015 will increase in the range of 2.6% to 3.0%, unchanged from its previous estimate in September. That’s a mild expansion, but it’s a step up from the Fed’s 2.3%-to-2.4% GDP outlook for…
Wheeee – what a ride! As we expected, the anticipation of the Fed doing something wonderful led to a big rally in the morning and the fact that the Fed didn’t actually do anything at all wasn’t enough to stop the party train once it left the station. At the moment, we are expecting…
A Bitcoin exchange in the Philippines, Coins.ph has just added an instant remittance service to its list of its options, allowing users to withdraw, remit and send money directly from a bank’s ATM using this service. This should be tremendously beneficial for users in emerging market countries who may not have access to banking services. Coins.ph firmly…
