Discover Financial Services (DFS – Analyst Report) reported its third-quarter 2015 earnings results after the closing bell today. Last quarter, Discover Card operator posted a positive earnings surprise of 0.76%. This year, Discover has launched some initiatives that might have had an impact on today’s report. A partnership with Creditcall and a strategic agreement with credit card…
Small gains yesterday, small losses today. The tone of the action hasn’t changed and markets wait the next big move. Volume climbed to register as distribution, which is perhaps the only point of interest today. The Nasdaq 100 remains above its 200-day MA but below the jobs-data spike high. Of the indices, it is caught…
Is the worst behind us? Maybe. Yet the appetite for risk is decidedly less vibrant than before the August-September meltdown. (Review Market Top? 15 Warning Signs.) Consider high-quality bonds as represented by the Bank of America Merrill Lynch US Corporate A Option-Adjusted Spread. The yield spread between A-rated companies and comparable U.S. treasuries typically falls during periods when investors are feeling confident….
At the beginning of the fourth quarter of 2015, only the Large Cap Value and Large Cap Blend styles earn an Attractive-or-better rating. Our style ratings are based on the aggregation of our fund ratings for every ETF and mutual fund in each style. See last quarter’s Style Ratings here. Investors looking for style funds that…
Chipotle Mexican Grill (CMG – Analyst Report) reported its third-quarter earnings results after the closing bell today. The Colorado-based fast casual Mexican chain posted a positive earnings surprise of 0.91% last quarter, but has faced increased costs and expects lower comps throughout the year. After double-digit comps growth in 2014, Chipotle failed to sustain the trend in…
Well, it’s confession time: I’m scared. I know as the designated martyr for equity bears, I should show more steely-eyed steadfastness, but the past six years have put the zap on my brain, and memories of what this jackass did a year ago still haunt me. In a strange way, though, my fear is borne from the…
There are two ways to run a gold mining company. One respects the simple fact that it is producing money. It is not eager to trade its the money, it produces for government paper, legal tender laws be damned. It keeps its books in gold, and produces and trades to earn more money (i.e. gold). This…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. This week I added some penny stocks that came up on my screeners to the Barchart Van Meerten Speculative portfolio. Added were Federal National Mortgage Association (FNMFN), Telkonet (OTCQB:TKOI), Just Energy Group (NYSE:JE) , First Reliance Bank of SC (OTCPK:FSRL) and Online Vacation…
Verizon Communications Inc. (VZ – Analyst Report) reported strong financial numbers in the third quarter of 2015. Both the top and the bottom line surpassed the respective Zacks Consensus Estimate. Verizon reported adjusted earnings per share of $1.04, beating the Zacks Consensus Estimate of $1.02. Quarterly net income came in at $4,171 million compared with $3,794 million in…
Gold and silver held steady at key resistance today, unable to move higher, but refusing to go lower. There was very little delivery activity at The Bucket Shop yesterday, with the three bullion banks shoving some gold bullion around the plate in their house accounts again. JPM picked up a little. Other than that, the…
