Now that we have the FOMC hysterics, the Russia hysterics, crude oil hysterics and Greece hysterics (have I missed any?… oh yeh) put to bed for a moment, maybe we can get on with a seasonal period that could be relatively calm, allowing an over sold market to repair some of its hurt feelings. If…
EBay Inc. (NASDAQ:EBAY) is working to ensure its same-day delivery system works efficiently and reliably this holiday season. It recently announced that it is expanding its local pilot program in Brooklyn, with the addition of over 80 small businesses that will offer scheduled and same-day delivery, in addition to in-store pickup to local customers. The…
Here is the opening statement from the Department of Labor: In the week ending December 13, the advance figure for seasonally adjusted initial claims was 289,000, a decrease of 6,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 294,000 to 295,000. The 4-week moving average was 298,750,…
Summary An ETF’s expense ratio is misleading, in some ways, as it only relates a fund’s expenses to the size of its AUM. When trying to determine the true nature of the burden expenses place on a fund, it would seem desirable to relate them to the fund’s income. It would serve the transparency of…
The stock whisper of the day is: (GDX), (HAL), (SDRL), (RIG) . Video Length: 00:04:03
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH15 +1.15%) this morning are up +1.06% and European stocks are up +2.35% as energy producers gained as crude oil rallied and on carry-over support from yesterday’s FOMC meeting where the Fed pledged patience on raising interest rates. European stocks also received a boost after German investor confidence rose…
Jabil Circuit Inc. (JBL – Analyst Report) reported first-quarter fiscal 2015 earnings (including share-based compensation) of 46 cents per share, which convincingly beat the Zacks Consensus Estimate of 40 cents. However, earnings per share declined significantly from 54 cents reported in the year-ago quarter. Jabil Circuit Inc, which makes phone casings for Apple Inc. (AAPL – Analyst Report), posted a…
The U.S. economy can handle higher interest rates, and the Federal Reserve’s policy-making committee has signaled such a move is likely by summer. The Fed has kept short term borrowing rates near zero since December 2008 to support recovery from the financial crisis; however, the economy is picking up steam—GDP growth should be in the range…
Since 2010, the average return for our weekly best scoring small caps has outpaced the R2K by a median 711 bps over the following year. The best performers from one year ago are HA up 164%, UEIC up 65%, and ODFL up 50%. The best small cap sector is utilities. The top small…
“Normal” Dow: Click on picture to enlarge Nikkei: Click on picture to enlarge
