Oppenheimer analyst Brian Nagel upgraded Wayfair (W) to Outperform with an $80 price target. The online home goods retailer closed yesterday up $3.56 to $66.48. The company’s sales growth has be...
Consumer Credit Card default rates have “surged” to 4 year highs. Capital One reported its largest write off since 2011 due to credit card delinquencies. Discover Card loan loss provisions in the ...
Ethereum is an open-source blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Mac...
Talking Points: – May Non-Farm Payroll numbers came in below-expectations, with negative revisions for both April and March. Average hourly earnings increased by .2% for an annualized rate of 2....
When you have a 15 point pullback in today’s market over a 3-day period, it becomes a ‘Generational Bottom’ or better yet, a ‘Generational Buying Opportunity’ for the bul...
The individual investor continues to express concerns for stocks when looking at their sentiment response. Yesterday’s Sentiment Survey report from the American Association of Individual Inves...
Wages are stuck at 2.5% y/y. If the Fed is truly data-dependent, this data should hold them back from raising rates. And not only are wages poor, job gains also slowed down: only 138K jobs gained an...
Initial Reaction Today’s establishment survey was a much weaker than expected at 138,000 jobs. The establishment survey was 47,000 under the Econodsay consensus and 115,000 below the ADP projection....
In the past we have discussed that some investors demand dividends. (Here is a nice post by Larry Swedroe on the topic and there are more holistic measures, such as shareholder yield, which are ...
According to a MarketsandMarkets report, the global cloud-based ITSM industry is expected to grow 15% annually over the next five years to be worth $8.78 billion in 2021. Bellevue, Washington-based ...