Darden Restaurants, Inc. (DRI) is one of the largest casual dining restaurant operators. In order to boost the performance of its brands, the company is implementing a set of initiatives under its Brand Renaissance Plan. Also, the company has laid down an aggressive cost management plan, under which it has been able to significantly reduce…
I was having lunch with a very dear friend of mine yesterday, who is also a very successful financial planner and advisor, who stunned me with an obvious question: “Has the dumb money become the smart money?” What we were discussing is that, collectively, the majority of the conversations that we were having with our clients…
See Today’s Binary Options Trading Opportunities Below – Watch The Video For Full Market Analysis The Thursday session saw the gold markets go back and forth during the day, testing the 1180 level for resistance, and testing the 1160 level for support. We believe that this market is trying to put in some type of…
Note from dshort: I’ve updated my periodic look at the Philly Fed ADS Index through yesterday’s release, which included the latest Initial Jobless Claims (for the week ending March 14th). The Philly Fed’s Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relatively little known real-time indicator of business conditions for the…
COMMENT: Dear Martin, Interesting read on the London traders post today. I’ve always traded from home primarily in mid cap equities. This last year has seen the steady decline of liquidity in small and mid cap stocks as people seriously start to question which company’s will survive and which won’t. The blue chips are liquid but…
OVERNIGHT MARKETS AND NEWS June E-mini S&Ps (ESM15 +0.32%) this morning are up and European stocks are up +0.31% as Greek default concerns eased after Greek Prime Minister Tsipras said he was “more optimistic” after deliberations with EU leaders in Brussels. That fueled gains in Greek government bonds and the Greek 10-year bond yield fell back…
“A truly great business must have an enduring ‘moat’ that protects excellent returns on invested capital” -Warren Buffett My most successful and long-lasting investments have always come about when I’ve invested in a company with a strong and enduring “moat”. Buffett worked out long ago that a company that’s able to sustain high returns over…
Quad-witching days are volatile on normal days, so in an environment of virtually zero liquidity, in which the market careens from one extreme to another simply based on whether the Fed utters one single word, in which volatility across asset classes is soaring, and in which it is all about igniting algo momentum, today’s quadruple…
The Philly Fed’s Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. The latest gauge of General Activity came in at 5.0, essentially unchanged from last month’s 5.2 and the lowest reading since the -2.0 contraction in February of last year. The 3-month moving average…
