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  • Finance 0

    Canadian And Australian Yield Curves Invert – Clear Recession Signals

    Those looking for clear recession signals in Canada and Australia have them. Portions of the Canadian and Australian yield curves are now inverted. Canada has been in a state of inversion for at least four weeks. Canadian Yield Curve In Canada, the entire t-Bill portion of the curve from 1-month to 1-year is inverted with 2-year bonds. Reader Gary pinged me with the above chart from the Financial Post. Australia Inversion I did a quick check on Australia. Here are the numbers from Investing.Com. 1-Year: 1.913% 2-Year: 1.782% 3-Year: 1.749% 5-Year: 1.971% 10-Year: 2.395% As you can see, 1-year debt trades at a higher yield than 2- and 3-year ...
    On February 11, 2016 / By
  • Finance 0

    FireEye Tops Q4 Earnings, Misses On Revenue

    FireEye Inc. (FEYE – Snapshot Report) released their fourth quarter fiscal 2015 earnings results, posting earnings of $-0.73 per share and revenue of $184.8 million. Currently, FEYE has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below. FireEye:                                                  1. Beat earnings estimates. The company posted $-0.73 per share, surpassing our Zacks Consensus Estimate of -0.76. This number excludes $0.14 from nonrecurring items...
    On February 11, 2016 / By
  • Finance 0

    Fourth Quarter Results Reignite Investor Confidence In Tesla

    In the words of CEO Elon Musk, the past few months have been “excruciating” for the luxury electric car manufacturer, Tesla. Shares have been down by over 35% since the beginning of the year, compared to the S&P 500, which has been down 10%. Tesla investors have been concerned about Tesla’s ability to compete with larger auto companies, the major question being whether or not Tesla could feasibly scale up their production. The company has been slow to roll out its new crossover SUV, the Model X and many analysts believe that low oil prices have made the electric car less appealing. Furthermore, the company has been burning cash at a...
    On February 11, 2016 / By
  • Finance 0

    Realty Income Corp – Chart Of The Day

    The Chart of the Day belongs to Realty Income Corp (NYSE:O). I found the retail REIT by using Barchart to sort the All Time High list first for the highest technical buy signals, then I used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 11/20 the stock gained 21.04%. Realty Income Corp is a fully integrated, self-administered and self-managed real estate company with in-house acquisition, leasing, legal, financial underwriting, portfolio management and capital markets expertise. The status of Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicator...
    On February 11, 2016 / By
  • Finance 0

    Another Negative Century Milestone, 300, Pierced By The Baltic Dry Index (BDI)!

    Before you ask yourself the question’ What is the Baltic Dry Index and why should I care if it drops?’, consider… Consider that the article titled ‘The Baltic Dry Index Falls To Historic Lows! One Question Though….’ was written only ONE MONTH AGO when the BDI broke 400 for the first time ever (Note: The peak of the BDI was May 20, 2008 when the index hit 11,793)! What is the Baltic Dry Index and why should anyone care about its historic fall? This is a brief definition of the Baltic Dry Index (BDI) and the potential global economic growth implications of its continued decline… Baltic Dry Index: A shipping ...
    On February 11, 2016 / By
  • Finance 0

    Here’s The Target For USD/JPY

    Which is terribly important, since that’ll probably mark a level of support for equities:...
    On February 11, 2016 / By
  • Finance 0

    Yen Goes Haywire While Global Stocks Fall To Fresh Lows

    Talking Points: – Signs of significant risk aversion increased again last night as Treasury yields dropped lower and stocks sold off. TheS&P has just set a fresh 21-month low. – Chair Yellen’s Congressional testimony continues today, and this could certainly prod volatility in either direction. Remain nimble on shorter-term strategies, and for longer-term strategies, manage that exposure. – We’re seeing major volatility in the Yen (covered in 2nd point below). Be really careful if trading anything with the Yen. Chair Yellen’s Congressional testimony yesterday was fairly neutral. She didn’t back off of rate h...
    On February 11, 2016 / By
  • Finance 0

    Who Will Raise Rates? The Market Or The Fed?

    Some people are confused by what I mean when we say that rates will rise as we move into the sovereign debt crisis, which will pick up steam in 2017 moving into 2020. We are NOT talking about central banks raising rates; we are looking at the free market. As people realize that government debt comes with a risk, capital will begin to shift into the private assets. The market will not buy all the government debt that appears ready to explode. With central banks moving negative on short-term rates, smart money will wake up and flip into equities. If equities break-even, that is better than a guaranteed loss in government bonds. In Japan, the 1...
    On February 11, 2016 / By
  • Finance 0

    Zillow Group Beats On Earnings And Revenues

    Zillow Group Inc. (ZG – Snapshot Report) released their fourth quarter fiscal 2015 earnings results, posting earnings of -$0.13 per share (excludes 1 cent for non-recurring items) and revenue of $169.4 million. Currently, ZG has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below. Zillow:                                                     1. Beat earnings estimates. The company posted -$0.13, beating our Zacks Consensus Estimate of -$0.14. 2. Beat revenue...
    On February 11, 2016 / By
  • Finance 0

    E End Games

    I have had more than a few folks ask me how I envision seeing this mess with our financial system eventually playing out. The truth is I am not quite sure because to my knowledge, we have never before seen anything quite like this in modern times. Generally, we have had economic slowdowns/recessions but during such times, there was more often somewhere around the globe where growth was not that bad. For instance, if the US was slowing, growth in Asia was strong. Perhaps Latin America was growing while the Eurozone was slowing, etc. We do however seem to have entered a period in which it is difficult, if not downright impossible, to find a maj...
    On February 11, 2016 / By