We are at the tail end of the fourth-quarter earnings season and auto stocks seem to be racing ahead of estimates. As of Feb 10, 2016, around 80% of the auto stocks had reported earnings with an average beat ratio of 62.5%. Moreover, the growth rate of earnings for these companies was 9.1%. Once…
One of the most common questions that I get asked as an analyst is the following: Should I invest in gold? The answer to this question is a lot simpler than one might expect – it depends. For starters, it should be known that gold is a safe-haven investment during times of geopolitical uncertainty, equities weakness, or falling…
With so much riding on the American “consumer” – given the collapse of the US manufacturing industry and massive mal-investment over-stocking falsely signaled by The Fed’s “help” – one wonders just what happens next as the Services economy begins to roll over and the gap between the consumer and industrial America – which has never, in over 30…
Fundamental Forecast for the Yuan: Neutral All About The Yuan Stocks are Rebounding and Fresh Bear Flags are Forming What Are the Traits of Successful Traders? Get FXCM’s Free New eGuide The offshore Yuan (CNH) rose to the highest level in two months against the US Dollar last week thanks to a smaller-than-expected drop in China’s foreign reserves…
The coming week ahead is likely to be even livelier than last week, as there is more key economic data due, including the all-crucial FOMC Meeting Minutes release, as well as some statements from the central banks of both Australia and New Zealand. Monday is a public holiday in the U.S.A. so it is possible…
After an astounding performance in October–December 2015 period, the technology sector lost its luster thanks to global headwinds and a spate of disappointing earnings reports. Total earnings for 89.5% of the sector’s total market capitalization that have reported so far are up just 0.1% on 2.3% revenue growth. However, the beat ratios are impressive with…
Value is a much revered investment style. It combines the intellectual appeal of a rational foundation (mathematically justifiable price expectations, margins of safety, discounted future cash flows, etc.) with a bit of star appeal (the ability to emulate the likes of Ben Graham, Warren Buffett et. al.). So “Value” versions of popular ETFs would seem…
Several interesting statistics can be gleaned from the current performance of gold. For the past 5 years, gold has returned an average of -12.28%, but that number declines to -3% over the past 1 year. If we extrapolate within the last 6 months, gold has appreciated by 8.20%, and over the past 30 days the…
Several interesting statistics can be gleaned from the current performance of gold. For the past 5 years, gold has returned an average of -12.28%, but that number declines to -3% over the past 1 year. If we extrapolate within the last 6 months, gold has appreciated by 8.20%, and over the past 30 days the…
BALTMORE – “Stocks still not finding bottom” warned a headline at Investor’s Business Daily. Earlier last week, the Dow (DIA) ended down 255 points – or 1.6%. The index is down by around 8% since the start of the year. “These developments, if they prove persistent, could weigh on the outlook for economic activity…” proffered a…
