Stocks were sharply lower to start what we like to call Turnaround Tuesday. Then what passes for the 2:15 Buy Program Express kicked in and stocks launched a powerful turnaround based on literally nothing at all. Does somebody know something we commoners don’t know? Possibly. But the HFTs may just be messing with us for…
SolarCity Corp. (SCTY – Snapshot Report) released its fourth quarter fiscal 2015 earnings results, posting earnings of -$2.37 per share and revenue of $115.48 million. Currently, SCTY has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report…
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 12 = 16,014 SPX – 1 = 1852 NAS – 14 = 4268 10 Y – .01 = 1.73% OIL – 1.41 = 28.28 GOLD – .20 = 1189.80 Japanese stocks crashed 5.4%, making for the biggest daily drop since June 2013. The sell-off…
Premier entertainment company The Walt Disney Company (DIS – Analyst Report) reported fiscal Q1 earnings results after the closing bell Tuesday, and easily topped expectations on the top and bottom lines. The release of Star Wars: The Force Awakens — already the most successful feature film in U.S. box office history — had a lot to do with this…
Investors have a right to be nervous right now. Stocks have gotten off to one of the worst starts to an investing year in the market’s history. The Nasdaq just posted its lowest close since October of 2014, which, not coincidentally I presume, was when the Federal Reserve ended the last of its three large…
The Lords of the Markets were determined to see stocks back up today, and the metals pushed much lower. Alas, they tried their best, but rude reality intervened, with stocks finishing weakly with a heroic effort to take them off the lows, once again in the afternoon, and the metals resisted numerous attempts to fall…
Western Union Co. (WU – Analyst Report) released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.42 and revenue of $1.38 billion. Currently, WU has a Zacks Rank #4 (Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below….
The Chart of the Day belongs to Kimberly-Clark (NYSE: KMB). I found the consumer products stock by using Barchart to sort the Russell 3000 Index stocks for the highest technical buy signals, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 1/29 the stock gained 1.56%. Kimberly-Clark Corporation is one of the leading consumer…
Banks are wrapped-up in an enigma… unrelated to the lack of transparency about Chair Yellen’s testimony coming right up; but perhaps fearful of a concern which we have already expressed: negative interest rates. That’s why we pleaded, when we heard (and shared) rumors over a week ago that US banks would be asked to initiate stress tests to see…
The link between stock prices and oil has been especially high of late, and that has left quite a few traders and experts stumped. For a good long while any impact from oil was denied as only “transitory” or even helpful to consumers through some sort of “tax cut” effect. In January 2016, however, liquidations…
