(Photo Credit: TEDxSanAntonio) Rackspace Hosting, Inc. (RAX), the open cloud company, will report its FQ2 ’15 results after the market close today. Wall Street analysts are predicted the same EPS as last quarter, and Estimize are predicting a cent higher, at $.21. Wall Street is estimating the highest revenue results of $490.69M, the Estimize consensus is…
The euro has rallied to its best level against the Swiss franc since the SNB surprised investors by abandoning its franc cap in the middle of January. Since the end of June, the euro has rallied 5.15% against the franc, including today’s roughly 0.4% advance. Since the end of July, the euro is up nearly…
Following three successive days of losses, China’s markets rebounded on Friday, managing to avoid losses for the week. Gains continued into Monday, with the benchmark posting its largest increase over a month. In both cases, the upward movement was fueled by speculation or concrete action on steps to be taken by the government to prop…
As you know the core portfolios are almost fully hedged, but the volatility portfolio is 100% long. The reason for this is the core portfolios rely heavily on market internals to indicate everything is healthy under the surface. The volatility hedged portfolio relies on my market risk indicator that is much more sensitive to price. The core portfolios…
Of course those biased toward gold will relay the rally as big volume as if this is some sort of fresh buying which warrants cheering when in fact it is a short-cover rally. This is the bounce our computer has projected without bias or passion minus the hyperbole. We can see that the Energy Models…
The US equity market struggled last week but the S&P 500 held the rising 200-day MA once again, but as BofAML notes, the much broader-based NYSE stalled at 200-day MA resistance last week. The NYSE has a potential head and shoulders top as well as a breakdown for the NYSE stocks only advance-decline line through…
This past weekend, I was reminded by my 9-year old son of the following passage in the Bible: “Out of the mouth of babies and infants, you have established strength because of your foes, to still the enemy and the avenger.” – Psalm 8:2 That verse has been shortened over time to become a colloquialism used…
Let’s take a close look at Friday’s employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government’s Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly Current Population Survey (CPS) of…
The U.S. labor market continued its strength with steady job gains in July, which were enough to increase the chances of the Fed pulling its trigger on the first rate hike in almost a decade as early as next month. The Fed in its last FOMC meeting stated that it is on track to increase…
While many investment-related articles focus on listed equities, the market with greater profit potential is most definitely private equity (PE). And you don’t need a billionaire next door to get you in. You just need to do your homework and think strategically. In fact, there are tens of thousands of private equity opportunities in the United States…
