Latest Posts
-
Finance 0
AbbVie’s 4Q Earnings In-Line With Estimates
North Chicago, IL-based AbbVie (ABBV – Analyst Report), which has been in the news thanks to its hepatitis C virus (HCV) treatment Viekira Pak as well as its acquisition of Pharmacyclics, is best known for its autoimmune disease drug, Humira. Humira, the company’s flagship product which is approved for a wide range of indications, is a major contributor to AbbVie’s top line. While Humira will remain the key growth driver at AbbVie, the coming quarters will see investor focus remaining primarily on Viekira’s performance as well as pipeline updates. Key players in the HCV market include Gilead’s Sovaldi and Harvoni with Merck... -
Finance 0
And The Biggest Contributor To U.S. Growth In 2015 Was…
By now, not even CNBC’s cheerleading permabulls can deny that the US is in a manufacturing recession: in fact, it is so bad that even the staunchest defenders of Keynesian dogma admit what we said in late 2014, namely that crashing oil is bad for the economy. And yet, the “services” part of the US economy continues to hum right along, leading to such surprising outcomes as a stronger than expected print in Personal Consumption Expenditures. How can this be? Simple: one look at the chart below should explain not only how the “services” half of the US economy continues to grow, but just which tax, because that is ... -
Finance 0
E Flash Boys Vs. Dark Pool: The Financial Showdown That Affects Everyone
While Darkpool going after the Flash Boys may seem like something out of a comic book, it may be one of the most crucial battles being fought for the future of investing on Wall Street. The Dark Pool in this case is IEX, an alternative trading system that has been active for a little over two years. The Flash Boys are High Frequency traders who’ve operated on wall street since the dawn of modern computing. Who Are the Flash Boys? To understand what’s been happening, you may need a little bit of background first. Let’s start with Michael Lewis’s bestselling book “Flash Boys.” Released in 2014, the book shot up to the top of the New... -
Finance 0
Steve Forbes Speaks Out On The Presidential Race, Fed Recklessness, And Gold
An interview between Mike Gleason, Director, Money Metal Exchange and Steve Forbes, CEO of Forbes Inc. Mike Gleason: It is my great privilege to welcome Steve Forbes, Editor-in-Chief of Forbes Magazine, CEO of Forbes, Inc. Steve is also author of many fabulous books, including Flat Tax Revolution, How Capitalism Will Save Us, and his latest work, Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming the Fed Will Restore Hope and Prosperity. He’s also a two-time Presidential candidate, having run in the Republican primaries in both 1996 and 2000. It’s a tremendous honor to have him with us today. Mr. Forbe... -
Finance 0
Trillion Dollar Brain – Is It About Bail-Ins?
A few days ago, I commented on Hugo Salinas Price’s observation that Central Bank assets have declined by a trillion dollars in 17 months. I thought it might be caused by big money trying to get away from a potential dose of inflation as governments try to print their way out of obligations. Of course, buying government bonds wouldn’t help with that. How silly of me to forget. But what it would help with, is avoiding a giant cash-grab by banks as they start collapsing. Ever since the law case Carr v. Carr (1811) it has been clearly established – but still not generally known by most people – that bank deposi... -
Finance 0
The Stock Whisper Of The Day: SPY, UGAZ, BAC, HSBC, VOD, USO, UBS
Hot stocks of the day are: (SPY), (UGAZ), (BAC), (HSBC), (VOD), (USO), (UBS). Video Length: 00:05:47... -
Finance 0
Raytheon Company: A Defensive Stock For A Defensive Market
Company Background Raytheon Company (RTN), together with its subsidiaries, is a technology company that specializes in defense and other Government markets. The Company develops products, services, and solutions in markets: sensing; effects; command, control, communications and intelligence (C3I); and mission support, as well as cyber and information security. 12 month projected EPS Growth Chart EPS chart provided courtesy of zacks.com In general, the best rule of thumb is to open positions when the price of the stock is trading above the EPS chart. RTN Has been trading comfortably above this line for some time, and it is projected to maint... -
Finance 0
Crude Oil: Vulnerable, Trades Below The 34.26 Zone
Crude Oil: Having tested the 34.26 level and closed below that level on Thursday, we think crude oil faces the risk of a move lower. On the downside, support resides at the 33.00 level where a break will expose the 32.00 level. A cut through here will set the stage for a run at the 31.00 level. Further down, support resides at the 30.00 level. On the upside, resistance resides at the 34.00 level. Further out, resistance resides at the 35.00 level. A break above here will aim at the 36.00 level and then the 37.00 level followed by the 38.00 level. All in all, crude oil’s broader bias remains lower though facing recovery threat.... -
Finance 0
Emerging Markets: What Has Changed
1) Korea’s Financial Services Commission will introduce a so-called “omnibus account” for foreigners investing in local stocks 2) Malaysian Attorney General Apandi Ali closed the investigation into transfers of foreign money into Prime Minister Najib Razak’s personal bank accounts 3) The South African Reserve Bank increased the pace of its tightening 4) The Egyptian central bank eased restrictions on dollar cash deposits 5) The Turkish central bank raised its 2016 and 2107 inflation forecasts after the minimum wage was hiked 30% 6) Brazil’s COPOM minutes confirmed a dovish shift 7) Banco de Mexico extended its dollar auction progra... -
Finance 0
Analysts Remain Upbeat On Amazon In Face Of Post-Earnings Selloff
The shares of Amazon (AMZN) are falling after the company’s fourth quarter results came in below expectations. However, many analysts defended the stock, saying that the miss was caused by higher than expected shipping costs, while the company’s outlook for operating margin expansion remains intact. RESULTS: Amazon last night reported Q4 earnings per share of $1.00, versus the consensus outlook of $1.56. The company’s revenue came in slightly below expectations. The e-commerce giant said the number of consumers subscribing to its Prime service jumped 51% in 2015 versus the year earlier. ANALYST REACTION: Amazon’s profi...
Top Posts
-
The Importance for Individuals to Use Sustainable Chemicals
-
Small Businesses: Finding the Right Candidate for the Job
-
How to Write the Perfect Thank You Letter After Your Job Interview
-
3 Best Large-Cap Blend Mutual Funds For Enticing Returns
-
China suspected in massive breach of federal personnel data
