Photo Credit: linda sellers ConAgra Foods, Inc (CAG) Consumer Staples – Food Products | Reports April 7, Before Market Opens Key Takeaways The Estimize consensus is calling for EPS of $0.59 on $2.89 billion in revenue, 1 cent higher than Wall Street on the bottom line and $15 million more on top ConAgra made headlines this quarter…
Okay people. Just 2.5 more days and we’re there. You can make it….In the meantime, here are some things I think I am thinking about: 1 – Why Bull Markets are Hated. Here’s a great piece from Josh Brown about bull markets and why they’re so hated. The sad reality of the financial markets is that all…
The US dollar is sliding across the board. The bigger breakout is seen in USD/JPY which digs lower to levels last seen in October 2014, but also other currencies are celebrating against the US dollar. The Federal Reserve releases the minutes from the March 16th meeting. In that meeting, and in a consequent speech by Fed Chair Janet Yellen, the…
Having been crushed by his Valeant exposure, today there was finally some good news for the embattled hedge fund manager. Speaking on an investor conference call Ackman said Valeant is now on track to deliver its delayed 10-K by month end which will likely give the company a shot in the arm because investors will…
Returns on capital have been low for most investments. Ten-year U.S. treasury bond rates averaged three percentage points above inflation from the 1950s up until the last recession started. Since the end of the recession, those bonds have yielded just one percentage point more than inflation. Stock market returns adjusted for inflation averaged lower than historic averages in the…
It was never about the books. Jeff Bezos may have launched Amazon as an Internet book seller, but he quickly turned Amazon into an overall ecommerce powerhouse. There’s little that Amazon isn’t in to these days. Amazon still sells books but it’s also one of the leading cloud technology providers via its technology unit, Amazon Web Services…
It was never about the books. Jeff Bezos may have launched Amazon as an Internet book seller, but he quickly turned Amazon into an overall ecommerce powerhouse. There’s little that Amazon isn’t in to these days. Amazon still sells books but it’s also one of the leading cloud technology providers via its technology unit, Amazon Web Services…
As the best-performing asset class in Q1 there has been a lot of talk about gold lately. The debate seems to focus on whether this strength marks the end of the four-year bear market for the precious metal or whether it’s just another counter-trend rally. Looking at the chart above, I’m reminded of a quote from…
It is leap year and Wall St. is having its usual discussion of which candidate will be better for the stock market. I do not know, but it is interesting to look at the historic record. Starting with Truman makes a good comparison as Republican and Democrats have served almost the same number of years…
Today’s big reversal to the upside in stocks across the board can be explained with three letters: O, I, and L. As I’m typing this, crude is up over 5%. Of course, market pundits love oil, because they use it to explain equity strength irrespective of direction. If oil is up, then that shows the…
