The following is an excerpt from this week’s Earnings Trends Report, to see the full article, please click here. Handicapping the Q4 Earnings Season The December quarter hasn’t ended yet, but the Q4 earnings season has gotten underway already. The reason for that is that we count companies with fiscal quarters ending in November as…
“Any investor or analyst of any world commodity must be able to account for and rationalize a 9% price move in less than two trading days; otherwise he or she couldn’t possibly understand the dynamics of that commodity. Yet I received virtually no requests to explain the price drop. The facts are clear – the…
Wednesday, just two days ahead of BlackBerry’s Friday morning third quarter earnings announcement, CEO John Chen unveiled the company’s latest handset. Under Chen’s leadership BlackBerry has gotten its loses under control, now the company just needs to start making money again. Here are 3 reasons why BlackBerry could turn things around next year. 1….
This is indeed “madness”… Just 1 word… “Patient” and this idiotic market soars 700 Dow points! (and S&P 90 Up ) – Quad Witching Machines in full retard mode… This is the biggest 2-day swing since Dec 2011. Up 4-5% in 48 hours… “Most Shorted” stocks are up 4.75% from yesterday’s lows – the biggest squeeze since…
Do you want to know if the stock market is going to crash next year? Just keep an eye on junk bonds. Prior to the horrific collapse of stocks in 2008, high yield debt collapsed first. And as you will see below, high yield debt is starting to crash again. The primary reason for this…
The world hangs on every word uttered by Grandma Yellen as if she controls the world. Why doesn’t the average American see through the smoke and mirrors? The current monetary policy of the Federal Reserve is beyond ridiculous based upon history and the economic numbers being pumped out by the government. The world is so…
Premier North American food company, ConAgra Foods, Inc. (CAG – Analyst Report), reported results for second quarter of fiscal 2015 (ended Nov 23, 2014). Earnings from continuing operations, adjusted for items impacting comparability, came in at 61 cents per share, down 2% from 62 cents earned in the year-ago quarter. However, results were in line with the Zacks Consensus…
There was some hope last month that, after falling for two straight months at a -10% Y/Y pace, there would finally be some demand for the products of the one company that symbolizes (or at least used to) the strength of global industrial demand: Caterpillar (CAT). When it reported its first single-digit decline since July….
After watching the new video with Adair Turner from a talk he gave at the Bristol Festival of Economics in November 2014, it is clear he understands the economic situation better than Paul Krugman. While Krugman tries to understand if inequality even leads to more financial instability (link), Turner knows that it does and the mechanisms by…
Last week, I said that it was time for income investors to adjust their portfolios and adapt to the new reality of cheap oil. For less-speculative investors, I recommended turning an eye to Europe. This week, I want to expand on that idea and highlight a number of enticing investments across the pond. You…
