I’ll confess that I once fell prey to the stigma that you have to avoid thinly traded ETFs at all cost.They were looked upon like the dark alleys in the seedy part of town.You can go down that road if you must, but you may ultimately regret it in a moment of panic…. It was…
A new guest to the show Dee Carter, President of The Carter Financial Group shares his thoughts on the general US markets. The weakness continues and most noteworthy is the fact that this recent pullback has not resulted in a buy the dip scenario. Dee points out some recent data and the actions of the…
I have good reason NOT to trust the government. It stole something from me. It did it in such a brazen manner that even now – 20 years later – I get mad whenever I think of it. It involved a public bid. A big tank cleaning job. My company, based in Jakarta, had been…
According to an article in Crossing Wall Street, analysts on Wall Street currently expect the S&P 500 to have earnings of 35.64. That’s the index-adjusted number, and it’s a very good one, with every point in the index is worth about $8.5 billion. If that estimate is right, then it would represent a 23.7% increase…
Longer-Term Trends Suggest Inflation Picking Up If there’s one thing that shouldn’t be overlooked these days, it’s the inflation data. It could really take a toll on the American consumer and impact the U.S. economy severely. Before going into any details, be very clear about this: don’t pay too much attention to the monthly data….
Markets might get an unexpected rally. Video Length: 00:15:43
Delta Air Lines (DAL) is expected to report earnings Thursday before market open. The whisper number is $0.75, two cents ahead of the analysts’ estimates and showing some confidence from the WhisperNumber community. A year ago the company reported earnings of $0.77, two cents ahead of the whisper number. Delta has a 70% positive surprise…
Shares of Facebook, Inc. (FB – Free Report) finally bounced back after three weeks of turmoil. The company’s shares popped on investors’ confidence, which was reinstated following the testimony by the company’s CEO Mark Zuckerberg, in front of Congress on Tuesday. The social media giant has been embroiled in a data misuse scandal that affected personal information…
Nearly two years ago four factors were influencing the energy market and specifically the price of oil. Oil inventory in the U.S. hit a record high The price of crude (West Texas Intermediate or WTI) reached a post-financial crisis low Rotary oil rig count hit a record low of 404 The trade-weighted value US Dollar…
Month-over-month the CPI fell 0.1%. Year-over-year, vs. easy comparisons, the CPI rose 2.4%. Treasury reaction: big yawn. A decline in gasoline prices pushed the Consumer Price Index Survey into negative territory for March. CPI Month-Over-Month Key Points The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent in March on a seasonally adjusted basis after…
