Everyone is talking about the incredible price move in silver on April 18, 2018. Now, everyone wants to know what’s next. Here is our take on the Silver trade and what you need to know. All the technical and price valuation indicators regarding the relationship of Gold to Silver have been set for many months…
Industrial goods manufacturer General Electric Company (GE – Free Report) is aiming to focus on its core industrial operations after completing the GE Capital exit plan. CEO John Flannery plans to script a turnaround in the company, with 2018 being termed as a “reset year”. Flannery intends to focus on just three core segments — power, aviation and health-care…
All three major averages fell in the Thursday trading session as bond yields were on the rise. The 10-year Treasury yield trended higher and tipped over 2.92% in yesterday’s trading session, which stirred up anxiety amongst investors once again. The Dow Jones Industrial Average fell 0.3% to 24,665.89. The S&P 500 lost 0.6% to 2,693.13. Both…
Earnings beat rates have been very strong recently. In the 12 weeks ending February 16th, 69.1% of companies beat EPS, and over 72% of companies beat on revenues. These numbers have moderated somewhat since then but still remain extremely strong (65.8% and 70.2% respectively). For EPS, recent levels of beat rates on a rolling 12…
One of the worst possible outcomes for the U.S. economy, and ultimately for investors, is stagflation. Of course, if you weren’t around in the 60-70’s, there is a reasonably high probability you are not even sure what “stagflation” is. Here is the technical definition: “stagflation – persistent high inflation combined with high unemployment and stagnant demand in a…
Stanley Black & Decker, Inc. (SWK – Free Report) is a leading global manufacturer of branded tools and engineered solutions for professional, industrial and consumer applications. Also, the company provides integrated access and security solutions to commercial, institutional and residential customers. This New Britain, CT-based company has a $23.8 billion market capitalization. However, Stanley Black & Decker’s exposure…
Many people talk about the tax benefits of retirement accounts. However, few attempt to quantify and estimate the actual benefits. To make matters worse, when the topic is addressed, many of the discussions rely on flawed logic and do not properly measure the true benefit. For example, I often hear investors (even investment and tax professionals) summarize…
Cryptocurrencies are continuing their post-tax-day gains with Bitcoin above $8500, Ethereum at almost $600, and Ripple up over 30% on the week. With Bitcoin back above $8,500… And Ethererum is back above $550 – testing towards $600… Certainly, for now, the anecdotal performance suggests Tom Lee’s tax-based-selling these is playing out with strength continuing, but,…
Overnight Markets and News Jun E-mini S&Ps (ESM18 +0.06%) this morning are up +0.13% on optimism S&P 500 Q1 corporate earnings will continue to surprise to the upside. General Electric is up 3% in pre-market trading after it reported Q1 adjusted EPS of 16 cents, higher than expectations of 12 cents. Gains in the overall…
Oil bear must face virtual reality as OPEC says that the global oil glut is “virtually” gone. Now there are reports that the Saudi oil minister Khalid al Falih wants to reduce stockpiles even further. Russian Energy Minister Alexander Novak is on board saying that Russia was committed to a deal on cutting oil supplies…
