The GOP tax bill is not “at least something”. It’s not “better than nothing”. And, no, we are not letting the perfect become the enemy of the good. In truth, this thing is a fiscal, economic and political monster. It is hands down the worst tax bill enacted in the last half-century—-maybe even since FDR’s 1937 soak-the-rich scheme, which re-ignited the…
Video length: 00:09:17 Stocks flat today as the House and Senate have both officially passed the tax bill. The market seems to be sorting through the winners and losers and rotating into those stocks that will see the biggest net benefit. In tonight’s video let’s analyze what to expect in January as there are signs…
Confusion about inflation abounds in mainstream media reporting. That confusion is a result of the fact that mainstream economists and the Fed solely focus on narrowly defined, arbitrarily constructed measures of the prices of consumer goods only. If you only look in places where there’s little inflation, or use indexes that are not standardized to…
Bed Bath & Beyond Inc. (BBBY – Free Report) just released its third-quarter fiscal 2017 financial results, posting earnings of 44 cents per share and revenues of $3 billion. Currently, BBBY is a Zacks Rank #4 (Sell) and is down 2.32% to $24.00 per share in after-hours trading shortly after its earnings report was released. Bed Bath…
Clients of Bank of America were buyers of stocks for the second consecutive week last week, although while the over trend was net buying, some sectors saw heavy selling. Interesting, the sectors that are most likely to benefit from tax reform saw the most selling. As BoA reports: “Clients sold single stocks across nine of the…
SOUTH SAN FRANCISCO, Calif., Dec. 20, 2017 (GLOBE NEWSWIRE) — Catalyst Biosciences, Inc. (Nasdaq:CBIO), a clinical-stage biopharmaceutical company focused on developing novel medicines to address hematology indications (the Company), today announced the pricing of an underwritten public offering of 1,105,263 shares of its common stock, offered at a price of $9.50 per share to the…
Sales of existing homes soared in November 2017, according to the National Association of Realtors (NAR). Up 5.6% in just the one month, at 5.81mm (SAAR) homes sold that’s the highest pace for resales since December 2006. After several months of glaring weakness, either a delayed rebound from hurricane disrupted activity or a burst of…
While a rise in interest rates would diminish the attractiveness of dividend stocks, investors are chasing these on optimism surrounding the biggest tax overhaul in decades. In particular, stocks that have a long track of profitability, history of raising dividend year over year along with prospects of further increases, good liquidity, and some value characteristics…
But, but, but… it wasn’t supposed to be priced in… Video length: 00:00:32 On the day Trannies and Small Caps managed gains… Futures show stocks dumped again at the open, tried valiantly to bounce back… but failed… Notably VIX crashed at the open 8.90… FANG stocks were weak again today… High-Tax firms outperformed Low-Tax… Bank…
Gold 30 min 4 Hours Daily My Bias: Long to a new all time high above 1827.Wave Structure: Impulse structure to a new high.Long term wave count: wave (3) above 1666. Gold has again broken above resistance at 1263.60, the previous wave ‘a’ low. This is definitely supportive of the short term bullish stance in the wave count. Wave ‘3’…
