Despite mounting pressures, both internally and externally, for a divided FOMC (as evidenced by the July minutes) to raise short term interest rates for only the second time since June 2006, the yield in the …
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In a bad news dump over the holiday weekend, Tesla announced Q2 car deliveries that came in below their prior guidance. But, there are a couple of big buts. From the press release: With continued …
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The financial media has spilled a lot of ink on the growing gap between GAAP and Adjusted Earnings. I’ve also written on the subject at times, choosing to focus on a stock by stock basis …
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April non-farm payrolls came in 45k below the 205k expectations, with a revision lower for February and March. April’s print was the lowest since September 2015, and the 2016 average of 192k per month is …
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Remember back when the financial world was ending in early February and investors hastily sold shares of LinkedIn (LNKD) down 43% in a single day, more than 50% on the year, shedding more than $10 billion …
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Every correction in U.S. stocks since the end of QE1 in early 2010 has been a fantastic buying opportunity. Yesterday, Ed Yardeni posted a series of charts detailing numerous factors that have been impacted by …
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Regular readers know that I became a market commentator accidentally. When I got a call in the fall of 2008, (as the financial world as we know it generally, and the firm that I worked for …
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On the last day of 2014 (here) I took issue with a quote in the WSJ regarding the U.S. stock market, “probability of a solid 2015 is improving“. If I were a full time market …
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The financial and mainstream press have had a field day with Martin Shkreli, the thirty something year old Pharma company CEO. In September he came under widespread scrutiny for raising the price of a highly …
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As you’ve heard me say before, I am not an economist, so I generally avoid trying to apply Fed speak and economic data to my day to day trading. There are plenty of financial media voices …
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