For the third consecutive quarter, Netflix stock is spiking after reporting earnings, a repeat of what it did last quarter and the quarter before, up as much as 8% after hours, and reaching its all time high price of $334 per share and just shy of all time highs after reporting Q1 2018 numbers which…
In case you had any geopolitical concerns or worries about repercussions for a missile attack on another country, forget about it. Stocks were in rally mode from the overnight. Gold and silver were largely unchanged. We strike where we please, and we hit them with ease.
There are some folks who think that Netflix, which has a triple-digit price/earnings ratio, is insanely priced. I’m a chartist, and when I see a chart like the one below, I don’t go anywhere near it, either long OR short. It’s just nuts. And, now that earnings are out, I can tell myself again…
The Greenbrier Companies (GBX) stock has been stuck at about $50 a share since we made our sell call back in November. What is going on here, with the name having traded sideways since this action? Well, our BAD BEAT Investing portfolio is looking to buy Greenbrier at the right price. In this column, we wish to discuss…
Those who fill out a US tax return always face a choice. On one hand, there is a “standard deduction,” which is the amount you deduce from your income before calculating your taxes owed on the rest. On the other hand, there are a group of individual tax deductions: for mortgage interest, state and local…
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This week it’s wage inflation, but with a particular twist. Utilizing the great indicators from the innovative economics team at the Atlanta Fed, I have built a new indicator which I call the “Stay or Go Indicator”. It is the difference between the annual wage growth figures for ‘Job Switchers’ vs ‘Job Stayers’. In short, it…
On Friday night, President Trump revealed that he had authorized U.S. armed forces to conduct precision military strikes on Syria. The attacks, conducted in unison with France and Britain, was a reprisal for the chemical attack ordered by the Assad regime on the rebel-held town of Duma on Apr 7. On Apr 14, Trump declared…
Retail sales were up according to US Census headline data. The unadjusted rolling averages rate of growth also improved. Analyst Opinion of Retail Sales Even though there is seen a significant improvement – it was a weak bounce back from the previous month’s solf reports. Things to consider when viewing this data: it is not…
