The markets will start the week by breaking down every word coming from the Berkshire Hathaway shareholder meeting. Inflation data is on tap for later this week, and we have a full slate of earnings reports again coming from the likes of Nvidia, Disney and Valeant Pharmaceuticals. Dividend seekers should stick to tried and true…
Stocks were higher, rallying from the opening hours. The rally faded a bit in the afternoon, with stocks giving back from the highs but still managing to add another gain in May. Gold and silver were largely unchanged and the Dollar was a bit higher. Tomorrow Trumpolini is promising to have a decision on the…
The 180-day lockup period for Stitch Fix Inc. (SFIX) ends on May 16, 2018. When this six-month period ends, the company’s pre-IPO shareholders and company insiders will have the opportunity to sell more than 56 million shares of currently-restricted stock. Any significant sales could cause a flood of shares into the secondary market and provide a…
International Flavors & Fragrances Inc. (NYSE: IFF) International Flavors & Fragrances Inc. reported positive first quarter results which were above analyst expectations on before the bell on Monday. The company reported a 12% increase in revenue, triggering its shares to surge by 7% during the morning hours. The New-York based firm also announced it would acquire…
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were unchanged from last week. According to GasBuddy.com, California has the highest average price for Regular at $3.62 and San Francisco, CA is the most expensive city, averaging $3.75. Oklahoma has the cheapest…
It looks like another case where we have a skills mismatch. In a NYT column criticizing Sean Hannity’s housing investments, Bill Saporito tells us that the housing industry: “still needs some 200,000 workers, with some of that shortfall no doubt linked to current immigration policy, or the fear of it. The need is so great that the…
Financial Sense Newshour just spoke with Craig “Bullseye” Johnson from Piper Jaffray to get his outlook on the market. Johnson believes the corrective phase that started in February is not over and provided some downside targets for the S&P 500. He’s also positive on the energy complex and noted a possible shift away from FAANG…
How big should the Fed’s balance sheet be? It’s a topic that has taken over a lot of academic discussions. Recall that before 2008 the level of bank reserves was practically nil. They didn’t play much of a role in any money market, required reserves or not (this should be a big clue). After four…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Written by SmallCappower.com Aurora Cannabis Inc. (ACBFF), less than a week after announcing the completion of the CanniMed acquisition on May 1, confirmed on Thursday that it had discussions with MedReleaf Corp. (MEDFF)…
Market Analysis With the annual Kansas wheat crop tour occurring last week and the SW US experiencing extensive drought, the market’s focus has been on field reports and daily wrap-ups from this 3-day event. The first day covered fields across northern Kansas where cold temperatures stunted growth and the tour’s yield was 38.2 bu. vs….
