The American Economy is driven in great part by the consumer. The table below reflects that nearly 70% of GDP is based on consumption. CLICK ON CHART TO ENLARGE The 4-pack below looks at consumption with a focus on the travel and leisure sector, by looking at Avis (CAR), Hertz (HTZ), Expedia (EXPE) and Priceline…
DuPont‘s (DD – Analyst Report) second-quarter 2015 revenues and earnings missed expectations as weakness in its agriculture business coupled with currency headwinds weighed on its results for the quarter. DuPont logged adjusted earnings of $1.18 per share in the reported quarter versus $1.17 per share registered a year ago. It fell short of the Zacks Consensus…
It all looked so awesome in the pre-open… thanks to the overnight PPT. But as soon as US equity markets opened, the selling began as Biotechs were hammered lower sending Small Caps plunging and Nasdaq into the red… Biotechs battered off the open… which sparked index selling… Perfect opportunity to BTFD we are…
Baidu, Inc. (ADR) (NASDAQ:BIDU), a Chinese-language Internet search engine, released its second quarter fiscal 2015 earnings on July 27, performing below analyst consensus expectations. Following the release of their Q2 earnings, Baidu stock fell 12% in value in pre-market trading. While the Street expected the company to post $1.87 earnings per share, Baidu fell short and…
Teva Pharmaceutical Industries made big news in the market Monday after announcing that they have come to an agreement to purchase the generic arm of Allergan. Today, we’ll discuss the details of the agreement, what Teva gains from the acquisition, and of course, what we can expect to see moving forward. So, let’s get right to…
Teva Pharmaceutical Industries Ltd. (TEVA) is slated to announce second quarter 2015 earnings results on Thursday, July 30, before market open. The company released preliminary Q2 results on July 27, estimating $4.97 billion in revenue and non-GAAP earnings of $1.43 per share. The preliminary earnings raised the company’s full-year 2015 EPS guidance to be in…
The breakout into new high ground on the Nasdaq was clearly a fake out or a Bull Trap. I know many traders that bought into this and spoke about a Super Bull Cycle. Maybe they will be right. However, my game plan is defense. With China down 8% in one day, volatility like that can…
For the first half an hour after China opened, things looked bleak: after opening down 5%, the Shanghai Composite staged a quick relief rally, then tumbled again. And then, just around 10pm Eastern, we saw a coordinated central bank intervention stepping in to give the flailing PBOC a helping hand, driven by the BOJ but also involving…
EUR/USD Signal Update Yesterday’s signals provided a mildly profitable winning long trade when the price returned to 1.1050 and bounced bullishly, although the move up ran out of steam after about 70 pips. Today’s EUR/USD Signals Risk 0.75% Trades must be entered between 8am and 5pm London time today only. Long Trade 1 Go long following…
Gold Room Fort Knox QUESTION: Martin, With your recent comments on gold; you seem to be implicitly suggesting people to sell their gold, since there is a good chance for it to bottom-out at a sub-$1000 level. Wouldn’t it make far more sense to hold onto it at least till November? 1) We don’t know for…
