In our previous analysis on the pound, we claimed that the number of catalysts driving the currency’s bullish trend were running out. At the time, we warned that the rally was running out of momentum, but did not see any evidence that would suggest adopting a bearish stance. Following recent weakness in the British pound, we downgraded…
Tyson Foods, Inc. (TSN – Free Report) posted second-quarter fiscal 2018 results, with earnings and sales improving year over year. Performance in the quarter under review continued to benefit from steady growth in the Beef, Chicken and Prepared Foods segments. However, both the top and the bottom line missed the Zacks Consensus Estimate. This along with weak gross…
Listen, this Turkish lira story is funny. Really, anything to do with Erdogan is funny. Unless you’re a Turkish journalist. Or a Turkish academic. Or a member of Turkey’s opposition. Or a Kurd. If you fall into any of those categories, there isn’t anything “funny” about Erdogan. The lira is in a downward spiral ahead…
One the strongest, yet most ignored trends in the FX market over the past few months has been the one-way rise is USD/CHF. Although the pair is overbought registering 13 out of the last 15 up days, it shows no signs of a slowdown as the slow and steady dollar rise continues. This week…
One of the greatest traders of all time, yet probably one of the least well known, once said, “win or lose, everybody gets what they want out of the market.” Easy for Ed Seykota to say as he sits on his deck overlooking Lake Tahoe sipping a nice California cab. Yet as I struggle to…
One of the greatest traders of all time, yet probably one of the least well known, once said, “win or lose, everybody gets what they want out of the market.” Easy for Ed Seykota to say as he sits on his deck overlooking Lake Tahoe sipping a nice California cab. Yet as I struggle to…
Let’s take a close look at the latest employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government’s Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly Current Population Survey (CPS)…
Not too long ago the overwhelming consensus from the perennial Wall Street Carnival Barkers was that investors were enjoying a global growth renaissance that would last for as far as the eye can see. Unfortunately, it didn’t take much time to de-bunk that fairy tale. After a lackluster start to 2018, the market’s expectations for…
My Swing Trading Approach I’m taking as much from the market as it is willing to give. Meaning, I am not overly committing to the long side, but if there are opportunities to take advantage of, I am going to take them, while raising stops to protect existing profits. With recent market choppiness, I want…
According to a recent market report, the global visual analytics market is expected to grow at a CAGR of 22% to reach $7.7 billion in 2023. Data analytics firm Tableau (NYSE: DATA) is a leading player in the industry. In its recent results, it beat estimates driven by a 46% growth in annual recurring revenues….
