Latest Posts

  • Finance 0

    Why Cognex (CGNX) Isn’t Done Growing Earnings Yet

    Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses. One such company that might be well-positioned for future earnings growth is Cognex Corporation (CGNX – Snapshot Report). This firm, which is in the Electrical Test Equipment, saw EPS growth of 63.9% last year, and is looking great for this year too. In fact, the current growth estimate for this year...
    On May 15, 2015 / By
  • Finance 0

    US Industrial Production Weakens For 5th Month – Longest Streak Since Great Recession

    On the heels of the weakest print since May 2009 in March, April Industrial Production printed -0.3% (against expectations of a bounce to -0.03% from -0.64% – which was revised higher). This is the 5th monthly drop in a row – the longest streak since the Great Recession. This is the 2nd weakest YoY print, at a mere +1.93%, since Feb 2010. To add to the pain, Capacity Utlization missed expectations falling to its lowest since Jan 2014 (falling the most YoY since Dec 2009) and Manufacturing production was unchanged. Worst streak of monthly drops since 2009… 2nd weakest YoY print since Feb 2010… And Capacity Utilizatio...
    On May 15, 2015 / By
  • Finance 0

    Uncle Buck Updated – May 15, 2015

    Today USD is bouncing to test the breakdown from the support at 94 (+/-).  I am neutral now on USD for the short-term and expect the down channel to eventually find support, per one of the levels noted on the monthly chart yesterday. The down channel is not as bearish as an up channel would be.  An up channel off of a top and hard down is often a Bear Flag.  ...
    On May 15, 2015 / By
  • Finance 0

    Commodities Hitting 25-Year Support Line With Few Bulls

    Just the facts….Commodities have had a rough few years! Below takes a look a the Thompson Reuters Commodities index from 1984 to current, with Commodity Sentiment from Sentiment Trader.com applied. Click on picture to enlarge The decline over the past 4-years has taken this commodity index down to a support line that has been influential to this index for the past 25 years. This long-term line now represents a key long-term test of support. As the same time support is being test, Commodity bulls are hard to find. At this time 37% of investors are bullish commodities, which is near the lower end of levels over the past 15 years. What asse...
    On May 15, 2015 / By
  • Finance 0

    Record Number Of Buyback Programs

    Despite the fact that earnings have not improved in Q1, companies are still flooded with cash. They use that money to buy back their own stock. Large corporations approved 141 billion dollars in buybacks in the month of April: a record. It was the largest amount announced in a single month, namely, according to money management and research firm, Biriny Associates. In 2014 large companies spent 679.5 billion dollars on buybacks already and, if the trend continues, this amount will be exceed this year by S&P 500 companies. They are well on their way to do so, until now. Buyback Programs 2015 Almost 400 billion dollars in share buyback prog...
    On May 15, 2015 / By
  • Finance 0

    Fabulous Friday – All-Time Highs Prove Investors Must Be Stoned

    You know pot must be legal these days. How else do you explain these non-stop, non-pause moves up in the market on no particular volume?  Can everything really be that awesome and what, exactly is it that is awesome in the first place? Yesterday we saw Avon (AVP) jump 20% after a FAKE takeover rumor on an SEC-maintained web site from a FAKE company calling itself PTG Capital Partners who filed a document stating they would pay $8Bn for AVP, which has generally been in free-fall for two years as their business model collapses.   Despite the TERRIBLE fundamentals of this company, within two minutes of this fake filing being posted by a fak...
    On May 15, 2015 / By
  • Finance 0

    The Stock Whisper Of The Day: GE, EEM

    The stock whisper of the day is: (GE), (EEM). Video Length: 00:03:22...
    On May 15, 2015 / By
  • Finance 0

    UK Unemployment Falls To Lowest Level In 7 Years

    According to the Office for National Statistics (ONS), unemployment numbers (those without work, registered and seeking employment) have fallen to their lowest level for seven years. The current figure (for the period between January and March) stands at 1.83 million and represents a reduction of 35000 over the previous quarterly reporting period. The UK workforce (in employment) stands at 31.1 million people. Unemployment in the UK now officially stands at 5.5% and is down by 1.3% from the comparable figure for 2014. UK data also suggests that average pay has risen by 2.2 in Q1 2015 compared to the Q1 2014 level. This figure looks at basic p...
    On May 15, 2015 / By
  • Entertainment 0

    Mariah Carey, at home in Las Vegas, explains it all: ‘This is just the beginning’

    Mariah Carey says she’s happy. She asks if that sounds like a cliche, but given the rollercoaster few years she’s had, it shouldn’t. We’ve all seen the headlines. Her marriage to Nick Cannon, father of Carey’s twins Monroe and Moroccan, ended after six years. An accident on the set of a 2013 music video left her with a dislocated shoulder and required a lengthy recovery. And her 2013 stint as a judge on “American Idol” is mostly remembered for a spat with her one-time collaborator Nicki Minaj that went viral. On top of all that, her last album, “Me. I am Mariah … the Elusive Chanteuse,” was hampered by dela...
    On May 14, 2015 / By
  • Social 0

    How can we get street food back on to the streets?

    It is a curious paradox, but outside London, the one place you rarely find street food … is on the streets. Traders frequent local markets and outdoor events, but due to a combination of factors, notably the British weather and a lack of desirable town-centre pitches, only a tiny minority of them regularly serve food on the streets. The Kitchens, which is due to open in Manchester on 11 June and will bring together six traders under one roof in the city’s Spinningfields development, typifies where street food is heading: indoors, in the form of multi-trader hubs. The Kitchens is unusual in that it will be open for a year, during which...
    On May 12, 2015 / By