Back on October 16th, Dennis “the menace” Gartman – – who inexplicably is on CNBC constantly – – declared that the rest of 2015 would be “boring” for crude oil. Let’s check out the snooze-fest: So, true to form, Gartman’s prediction yielded one of the most exciting, history-making, newsline-grabbing markets in the history of energy products. If…
In the republic of mediocrity, genius is dangerous. – Robert Green Ingersoll Morgan Stanley surprised everyone or, at least, tried to by stating that it was no longer going to be easy to make money in the equity markets. Let’s stop, right there; was it ever really easy. If it were everyone that jumped into the…
Video Length: 00:07:26 Tracey Ryniec and David Bartosiak, Stock Strategists at Zacks Investment Research, discuss Chipotle Mexican Grill, Inc. (CMG – Analyst Report) and its recent stock plunge. Chipotle has been plagued by an E. coli outbreak in the Northwest and subsequent negative public relations which have hit fourth quarter sales hard. The company recently lowered fourth…
The wholesale economic problem widened again in October, even as the Commerce Dept. reported yesterday wholesale inventories rose at the slowest pace in two years. Overall, non-adjusted inventories rose by 3.6% compared to October 2014, which was less than half the rate of the summer of 2014. But that slowing inventory (which is still GDP…
To see the massive growth potential that cloud computing giant Salesforce.com, Inc. (CRM – Analyst Report) has, one need only look at the company’s current EPS estimates. This year, analysts expect the company to earn 19 cents per share. Next year, that number is expected to nearly double to 35 cents. Founded in 1999, “growth” has been…
(Photo Credit: Thomas Hawk) After tonight’s closing bell, Adobe Systems (ADBE) will be one of the first companies to release results for the fourth quarter. Currently, the Estimize consensus calls for EPS of $0.61, only one cent above the Wall Street consensus. Revenues of $1.316M are slightly above the Street’s expectation for $1.306M. For the last four quarters, Adobe…
French stocks have taken a battering recently as numerous fundamental factors weigh on the outlook for the French economy, specifically the CAC 40 equity index. The latest decision handed down from the European Central Bank combined with the worsening global outlook presents several obstacles for the equity benchmark even though 1-year returns are still well…
Weak surveys, mass layoffs, and poor outlooks appear to have finally rippled through the government’s data and sparked a significant rise in initial jobless claims. Up 13k to 282k, this is the highest claims since early July. Of course, it remains below the Maginot Line of 300k which ‘proves’ everything is awesome, but initial claims is now at…
Vladimir Vladimirovich Putin must be a happy man right now. He has two overseas expansion projects for Russia, in Ukraine and Syria, both of which are going well. Diplomatically speaking, he’s running circles around President Obama and the West in general. There are just two worries for him at this point: oil prices that may remain in the $40…
Import/Export Price Deflation Import/export price deflation continues in November. The kicker this month is a decline in exports prices greater than the decline in import prices with agricultural products leading the way, down a steep 1.1%. The Bloomberg Econoday consensus estimate was for export prices to dip -0.3% and import prices to dip -0.8%. The…
