Recent fears, warranted or not about the potential for retaliatory liquidation by China of its US Treasury holdings appear to have been exaggerated because according to the latest TIC data released, the trade-war enemy added $8.5 billion in TSYs in February (the most of any nation and the biggest monthly addition in six months)… But while…
Shares of Acacia Communications (ACIA) and Lumentum Holdings (LITE) both fell hard today. This is because one of their largest potential customers, China’s ZTE has been banned. What is going on? The U.S. Department of Commerce is banning American companies from selling components to Chinese telecom equipment maker ZTE Corp for seven years for violating the…
The U.S. stock markets have been witnessing volatility since February 2018. In fact, two major stock indexes — Dow 30 and S&P 500 — are lingering in negative territory so far this year. Notably, a series of political issues have taken a toll on the stock markets overshadowing the solid growth outlook. The recent stock…
Economist David Rosenberg expects the US dollar to fall. His Recommendation is to buy commodities Tell me the USD does not have considerable more downside potential. Buy gold. Buy oil. Buy commodities. pic.twitter.com/msoT1ZCSyQ — David Rosenberg (@EconguyRosie) April 16, 2018 That image of the dollar index is relative to June 2001. This is the chart…
Note: With the release of March Retail Sales and the Consumer Price Index, we’ve updated this commentary to include the latest Real Retail Sales. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close…
Netflix (NFLX) is expected to report earnings today after market close. The whisper number is $0.63, one cent behind the analysts’ estimates and showing no confidence from the WhisperNumber community. Whispers range from a low of $0.59 to a high of $0.68. A year ago the company reported earnings of $0.40, in-line with the whisper…
Goldman Sachs (GS) is expected to report earnings Tuesday before market open. The whisper number is $5.85, twenty-seven cents ahead of the analysts’ estimates and showing strong confidence from the WhisperNumber community. Whispers range from a low of $5.60 to a high of $6.15. A year ago the company reported earnings of $5.15, fourteen cents…
Johnson & Johnson (JNJ) is expected to report earnings Tuesday before market open. The whisper number is $2.06, five cents ahead of the analysts’ estimates and showing some confidence from the WhisperNumber community. Whispers range from a low of $2.01 to a high of $2.10. A year ago the company reported earnings of $1.83, four…
The healthcare sector is my favorite sector to invest in, both long and short term. Long term, demographics practically ensure that the sector will remain healthy (pun intended) for years to come. Ten-thousand baby boomers turn 65 every day. A few decades from now, when the baby boomer population has dwindled, the next large population…
