Retail sales trends have been pretty interesting of late. In addition to online shopping at Amazon, consumers increased their spending at off-price retailers like TJ Maxx and home improvement stores l...
Economic Snapshot Yesterday, Fed minutes show that Fed Chair Janet Yellen is on a mission to convince the market that a rate hike is on the table for June. Today, New York Fed president William C. Dud...
Bill Dudley of the New York Fed remains data dependent or doesn’t deviate from dovish and most importantly does not mention June. However, in follow up comments Dudley does say that June is a live m...
Here is the opening statement from the Department of Labor: In the week ending May 14, the advance figure for seasonally adjusted initial claims was 278,000, a decrease of 16,000 from the previous wee...
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but ...
A May 16 article outlined the concepts shown below in detail; big moves often come in the stock market after long periods of consolidation. Normal Retracement Or New Trend? Is there anything else hi...
Shares of Monsanto (MON) moved higher Thursday after the herbicide and genetically-modified seeds company confirmed receipt of a takeover bid from Germany’s Bayer (BAYRY). Weighing in on the new...
Baidu (BIDU), the largest internet search engine company in China, has come under fire as of late after one of its users, a 21 year old university student Wei Zexi, died after trying an experimental...
Earnings: Everyone Gets A Trophy The ongoing process of the “wussifcation of America” has now spread from Main Street to Wall Street. When I was growing up, we played sports. Coaches yelled at u...
Visa (NYSE:V) may have cut its forward looking guidance recently but this has more to do with global economic weakness as opposed to the company’s fundamentals. In fact, Visa still pulled in ...