Monthly Archives: December 2015

NFIB: Small Business Index Declined In November

The latest issue of the NFIB Small Business Economic Trends is out today. The update for November came in at 94.8, down 1.3 from the previous month’s 96.1. The index has dropped to the 25th percentile in this series. Today’s number came in below the Investing.com forecast of an increase to 96.6. Here is an excerpt from the opening…

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Martin Armstrong is a libertarian but very thought provoking. He recently came out with an article which found its way to TalkMarkets.com, as most of his articles do, that explained the power of fiat money. He gave strong evidence as to the rise of many economies that only had fiat money and not a gold standard….

Chain Store Sales Collapse Following Already Disappointing Black

Just as we warned, based on credit card data, this holiday spending period is a disaster. Following disappointing sales over the Black Friday to Cyber Monday weekend, there has been absolutely no follow-through momentum as is usually seen. Chain Store same-store-sales crashed 6.3% week-over-week… This should not be a surprise with a mere 1.7% YoY gain that…

EC FANG-Less:

The acronym FANG represents what has seemingly become the most popular investment strategy of the last few months. FANG comprises 4 stocks: Facebook, Amazon, Netflix and Google. These companies are the market’s darlings for good reason; since June they are up on average 40%, whereas the S&P 500 is flat over the same period.  Before…

AutoZone’s Q1 Earnings Beat Estimates, Rise Y/Y

AutoZone, Inc. (AZO – Analyst Report) reported a 14% rise in earnings per share to $8.29 for the first quarter of fiscal 2016 (ended Nov 21, 2015) from $7.27 recorded in the year-ago quarter. Earnings also surpassed the Zacks Consensus Estimate of $8.20. Net income increased 8.3% to $258.1 million from $238.3 million a year ago. Quarterly revenues…