(Photo Credit: dadahappy99) Before tomorrow’s opening bell, Abercrombie & Fitch (ANF) will report results for the fourth quarter. The Estimize community is calling for EPS of $1.16, two cents higher than the Wall Street consensus, suggesting a YoY decline of 13%. Revenues estimates of $1.17B are in-line with Wall Street, expected to fall 10% from the year-ago quarter. …
Click on picture to enlarge Government Bond ETF TLT and Corporate Bond ETF LQD have done really well since the 2014 lows. Both are attempting to break short-term support with momentum lofty and curling lower. Trend change at hand or near? Bond and Utility (XLU) 10% decline in the past 4 weeks an interest rate signal?
Over the weekend I read through Warren Buffett’s Annual Letter to shareholders, an item every investor should read. While it was extremely insightful, there was a bit in it that pertained to the topic I wanted to share with you today. Warren Buffett has zeroed in on a little niche in the market that he believes has…
The S&P 500 opened lower and is off 10 points to 2107.5 late-Tuesday, but the decline has been orderly and lacking much conviction. With no economic data to guide trading, the Treasury complex finished lower and the yield on the benchmark ten-year is now 2.12%. Trading was quiet across much of the commodities market. While…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. The era of rare earth elements export quotas and tariffs in China will soon be over and that could ultimately mean a new era of higher prices for REEs inside China, says Gareth…
Because you’re an ag! OK, that was dumb. Let’s proceed….. The agricultural ETF shown below has been trying to bang out a bottom for ages. It has been in a grinding, multi-year downtrend as defined by the channel I’ve drawn, so if you’re looking for a low risk long position, you might want to consider…
There is a writer we’ll call Don Quixote who is tilting at something that no longer really exists… the evil gold promoters that used to be taken seriously by innocents to the tune of near total destruction of their portfolios. Don once went on about the gold cult and I even highlighted his post because…
When the Nasdaq Composite Index hit 5000 in March of 2000, jubilant investors celebrated the milestone. Shortly thereafter, however, scores of individuals lost their collective shirts. Many witnessed losses of 50%, 60% or 80% of their account values on names like Cisco, JDS Uniphase and Pets.com. Back then, the euphoria was akin to unchecked greed….
(Reuters) – BlackBerry unveiled a new mid-market smartphone on Tuesday dubbed the BlackBerry Leap that is set to replace the Z3 device launched a year ago, in a move to woo buyers in certain emerging markets where BlackBerry still has a fairly large client base. The Waterloo, Ontario-based company said the phone, unveiled at the…
Is the Chicago pension system so messed up and union work rules so entrenched the only way to change either of them is bankruptcy? I think so. So does Dennis Byrne who wrote on his blog today Chicago’s Only Salvation: A Detroit-Like Bankruptcy. This is a guest post from Byrne. Chicago’s Only Salvation: A Detroit-Like Bankruptcy…
