July 3, 2014 by Enis • Commentary

SBUX is trading almost exactly unchanged on the year after a strong 6 week rally from near $70 in late-May.  SBUX closed the year at $78.39 (red), and that level has acted as resistance in …

Continue reading
June 19, 2014 by Enis • Commentary

Starbucks is trading at a 3 month high today after an upgrade from UBS.  The UBS analyst cited the following factors for the upgrade: One of best long-term global growth opportunities among consumer multinationals given …

Continue reading
July 11, 2012 by CC • Commentary

Marketwatch The U.S. trade deficit fell 3.8% in May to $48.7 billion largely because of lower oil imports, while exports rose slightly, the Commerce Department reported Wednesday. Imports in May fell 0.7% to $231.8 billion …

Continue reading
June 28, 2012 by CC • Commentary

Bloomberg The U.S. economy grew 1.9 percent in the first quarter, reflecting a gain in consumer spending that now shows signs of cooling as the labor market weakens. The revised gross domestic product reading matched …

Continue reading
November 30, 2011 by CC • Commentary

CNBC The European Central Bank must act sooner rather than later in order to avoid a grave outcome for the euro area and possibly the euro itself, according to Credit Suisse Economist Yiagos Alexopoulos. “The …

Continue reading
June 20, 2011 by CC • Commentary

DShort The S&P 500 finished the day up 0.54%. The index is now up 1.65% year-to-date but down 6.25% from the interim high set on April 29. From an intermediate perspective, the index is 89.0% …

Continue reading