On April 23rd, I wrote a piece called, “Can Apple Bring the Market to One Love?” I ended the piece with “Therefore, an influencer like APPL, should it run after earnings, will help the market sing, Let’s Get Together and Feel Alright.” The Jamaican references come from our recent trip. So, here once again, is a…
A while back, a writer (whose name and story details I unfortunately don’t remember) was researching the credit card business and tried to figure out how card issuers decide which customers to pursue. To this end he created a series of fake personas ranging from an affluent straight-arrow who always pays her bills on time…
In March, job openings in the United States surged to the highest level since the Department of Labor began recording data on this metric. This is a clear indication that companies are keen on hiring workers even as the economy enjoys a nine-year long growth phase after the Great Recession. The report was also in…
Recently in the resource sector, we have seen everything including good news being ignored by investors. Jordan Roy-Byrne joins me today to share his thoughts on what companies need to be doing to attract investors and actually get money flowing into their stock. We also discuss the bigger picture when it comes to resistance levels…
Chinese exports rose 12.9% year-over-year in April 2018. Imports were up 20.9%. As always, both numbers sound impressive but they are far short of rates consistent with a growing global economy. China’s participation in global growth, synchronized or not, is a must. The lack of acceleration on the export side tells us a lot about…
The Reserve Bank of New Zealand (RBNZ) interest rate decision may keep NZD/USD under pressure should Governor Adrian Orr & Co. stick to the status quo and endorse a wait-and-see approach for monetary policy. More of the same at Governor Orr’s first meeting is likely to sap the appeal of the New Zealand dollar as the central bank remains…
The June natural gas contract settled up a few ticks on the day despite the rest of the summer strip being generally flat, as we saw another slow day of natural gas trading. This has certainly been the trend of late, with the June/July M/N natural gas spread increasing significantly despite relatively stable prices at…
The roller-coaster ride continues with alternating up and down days (or hours) measured in the hundreds of Dow points. Just over a week ago the Dow gained 5 points and the S&P 500 lost 6. Moves barely noticeable, one would think. Not mentioned on my newscast was that around mid-day the Dow was down 400…
No, this piece is not about the TV reality show that has a gruff lot of hopeful entrepreneurs blindly bidding for the contents of abandoned storage lockers. With hyper-accelerating technology creating data at an exponential rate it is getting far too big to physically store. In 2017, more than $80 billion was spent on data…
