In a previous post we introduced our new investment strategy, the BUG. There has been a lot of interest but also some concerns when it comes to using leverage. We are introducing a version of the BUG for non-leveraged accounts. Here are the statistics for the backtest for the last 5 years. Strategy Return MaxDD…
The Philly Fed Business Outlook Survey growth declined but remains well into expansion territory for the tenth month in a row. Key elements remain in expansion. This is a very noisy index which readers should be reminded is sentiment based. The Philly Fed historically is one of the more negative of all the Fed manufacturing…
The following is an excerpt from this week’s Earnings Trends Report, to see the full article, please click here. Handicapping the Q4 Earnings Season The December quarter hasn’t ended yet, but the Q4 earnings season has gotten underway already. The reason for that is that we count companies with fiscal quarters ending in November as…
“Any investor or analyst of any world commodity must be able to account for and rationalize a 9% price move in less than two trading days; otherwise he or she couldn’t possibly understand the dynamics of that commodity. Yet I received virtually no requests to explain the price drop. The facts are clear – the…
Wednesday, just two days ahead of BlackBerry’s Friday morning third quarter earnings announcement, CEO John Chen unveiled the company’s latest handset. Under Chen’s leadership BlackBerry has gotten its loses under control, now the company just needs to start making money again. Here are 3 reasons why BlackBerry could turn things around next year. 1….
This is indeed “madness”… Just 1 word… “Patient” and this idiotic market soars 700 Dow points! (and S&P 90 Up ) – Quad Witching Machines in full retard mode… This is the biggest 2-day swing since Dec 2011. Up 4-5% in 48 hours… “Most Shorted” stocks are up 4.75% from yesterday’s lows – the biggest squeeze since…
Do you want to know if the stock market is going to crash next year? Just keep an eye on junk bonds. Prior to the horrific collapse of stocks in 2008, high yield debt collapsed first. And as you will see below, high yield debt is starting to crash again. The primary reason for this…
The world hangs on every word uttered by Grandma Yellen as if she controls the world. Why doesn’t the average American see through the smoke and mirrors? The current monetary policy of the Federal Reserve is beyond ridiculous based upon history and the economic numbers being pumped out by the government. The world is so…
Premier North American food company, ConAgra Foods, Inc. (CAG – Analyst Report), reported results for second quarter of fiscal 2015 (ended Nov 23, 2014). Earnings from continuing operations, adjusted for items impacting comparability, came in at 61 cents per share, down 2% from 62 cents earned in the year-ago quarter. However, results were in line with the Zacks Consensus…
There was some hope last month that, after falling for two straight months at a -10% Y/Y pace, there would finally be some demand for the products of the one company that symbolizes (or at least used to) the strength of global industrial demand: Caterpillar (CAT). When it reported its first single-digit decline since July….
