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  • Finance 0

    Don’t Dream It’s Over

    Early today, I saw a prominent article declaring that the low for 2016 was in, because there have been a couple of recent years in which early February marked the bottom for the year as well. Ummm, OK. This, to me, is about as meaningful as getting excited every October, simply because huge market crashes seem to take place during that month (like in 1929, 1987, 1990, and 2008, just to name a few). It’s dumb. Indeed, if there’s anything I’ve noticed about recent market action, it’s that intermediate highs take place at the very start of each month. It’s actually kind of freaky, and this didn’t dawn on me until I began writing this...
    On February 5, 2016 / By
  • Finance 0

    A 2016 Recession Would Be Different

    If the US or the Eurozone entered a recession this year, a few macroeconomic variables would look very different relative to previous recessions. 1. The Yield curve would be very steep. Unlike in any previous recession when the yield curve was flat or inverted. 2. The real federal funds rate (or the ECB real repo rate) would be extremely low and would be at a level similar to that of the beginning of the expansion. Unlike in previous recessions where the real central bank interest rates was high relative to the beginning of the expansion. 3. And nominal central bank interest rates would be stuck at zero so there will be no room to lower them ...
    On February 4, 2016 / By
  • Finance 0

    Not Preventing Market Losses? You Better Start Now

    What’s more important? Making gains in the stock market or preventing losses? Before answering that question, let’s list a few common fallacies about risk: The full spectrum of market risk can be accurately defined in a single magic formula or statistic Long-term investing always guarantees success, so go ahead and take all the risk you’d like! Diversification is the only hedge against risk that you’ll ever need Inactivity before, after, and during a market crash is the safest course Taking more risk inevitably leads to bigger gains Volatility and risk are the same thing Instead of helping people, these fallacies trick investors into ...
    On February 4, 2016 / By
  • Finance 0

    Qorvo Beats Q3 Earnings Estimates, Misses On Revenue

    Qorvo Inc. (QRVO – Analyst Report) just released their third quarter fiscal 2016 earnings results, posting earnings of $0.82 and revenue of $619.7 million. Currently, QRVO 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. Qorvo:                                                    1. Beat earnings estimates. The company posted $0.82 per share, beating our Zacks Consensus Estimate of $0.74. This number excludes $0.90 from non-recurring items. 2. Missed...
    On February 4, 2016 / By
  • Finance 0

    EURUSD Looks For More Bullishness

    EURUSD: Having continued to strengthen, EURUSD looks for more bullishness in the short term. On the downside, support lies at the 1.1150 level. Further down, support lies at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will aim at the 1.1000 level. Conversely, on the upside, resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1.1350 level where a break will expose the 1.1400 level. Its daily RSI is bullish and pointing higher suggesting further strength. All in all, EURUSD looks for more bullishness in the ...
    On February 4, 2016 / By
  • Finance 0

    Tableau Software Inc. Plunges 35% On Disappointing Earnings

    Shares of Tableau Software Inc. (DATA) were down a staggering 35% in after hours trading on disappointing earnings, and shocking many investors and analysts. Indeed, shock might be an understatement here. Jefferies stated before the earnings announcement: We expect Tableau Software to report solid 4Q sales, driven by international expansion and strength in big deal activity. There will likely be increased focus on license growth as investors try to determine the trajectory of growth after moderating the past couple quarters. We note DATA’s guidance last Q which showed moderating growth partially due to a tough comp, although we expec...
    On February 4, 2016 / By
  • Finance 0

    IGEN Networks Defies Explanation

    TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. About five years ago, someone who does not deserve mention told me and a few other people in the vicinity about some hot idea. It had something to do with IGEN Networks (IGEN). I could not figure out the opportunity at the time, which is why I ignored it. Five years later, the market can’t figure it out either. The stock has traded in the pennies for something like several years. The retained earnings deficit is -$7M and growing with every quarterly loss. I cannot recall the last time I h...
    On February 4, 2016 / By
  • Finance 0

    EC HH The Pre-Cognitive Anti-Trust Violation: How The Decimation Of The IPO Market Has Hurt The Economy And Worse

    In 1995 we started Broadcast.com as AudioNet. In July of 1998 we took the company public.  Within a year, 300 of our 330 employees were worth more than $1mm  in Broadcast.com stock.  We became one of almost 300 companies to go public that year.  We were one of about 125 to go public with under $50mm in sales and we became one of the 8k public companies listed on the major exchanges. The amount of destruction in the IPO and public markets since then and its impact on this country are what can only be described as horrific. Let’s go back in time and look at the Entrepreneurial thought process.  I remember my goals and those of my pee...
    On February 4, 2016 / By
  • Finance 0

    Binary Options Trading Opportunities – February 5, 2016

    Nonfarm Payroll During the day today, we get nonfarm payroll numbers coming out of the United States which of course will move just about every market out there. With that in mind, we look at the charts. EUR/USD rallies At this point in time, we are simply looking to see what happens at the time of announcement in order to place trades in the Euro. We believe that more than likely the EUR/USD pair will rally, and if it does we think we could go to the 1.14 level. However, keep in mind that the announcement can turn everything right back around. DAX finds support On Thursday, the DAX fell well below the €9400 level, but found enough buyers d...
    On February 4, 2016 / By
  • Finance 0

    Dow Jones Industrial Average Adds 79 Points As Material Stocks Surge

    How Did the Stock Market Do Today? Dow Jones: 16,416.58; +79.92;+0.49% S&P 500: 1,915.45; +2.92; +0.15% Nasdaq: 4,509.56; +5.32; +0.12% The Dow Jones Industrial Average today (Thursday) gained 79 points ahead of tomorrow’s critical January jobs report. Markets received a strong boost from materials stocks, which jumped 3.8% thanks to rising gold and silver prices and ChemChina’s $43 billion deal to purchase Syngenta AG (NYSE ADR: SYT). The CBOE Volatility Index (VIX) – Wall Street’s fear gauge – was up 0.8%. On the economic front, the Challenger report indicated layoffs hit their highest levels in six mon...
    On February 4, 2016 / By