Gartmaned Again
It’s just heartbreaking… and the ES has flown higher from even where this graph represents. Incredible. Yellen has nothing on this guy.
It’s just heartbreaking… and the ES has flown higher from even where this graph represents. Incredible. Yellen has nothing on this guy.
Technical Outlook: One of the most volatile quarters ever ended on a quiet note yesterday pulling back ever so slightly. Today’s morning weakness is looking at a respectable gap down. These gaps downs how been difficult for the bears to do anything with, often times leading to eventual, same-day, market rallies. Last April had a fairly significant…
Greetings, We begin with China where the latest reports suggest that the nation’s economic growth may have bottomed for now. 1. China’s official manufacturing PMI beat consensus, showing slight growth (PMI > 50). 2. The China Caixin Manufacturing PMI also beat expectations. Here is a quote from Caixin on the latest results. Source: Markit/Caixin 3. China’s…
It’s a winning streak for US indicators today, on April Fool’s Day. The ISM Manufacturing PMI beats expectations quite nicely with 51.8 points. Prices provide an even bigger beat with 51.5 against 42 expected. However, employment is down to 48.1 points, worse than last time, but we already know that manufacturing jobs are poor and that…
Private payrolls in the US increased 195,000 in March (seasonally adjusted), a moderately lower gain vs. February’s 236,000 advance, according to this morning’s update from the Labor Department. But the year-over-year trend improved, pointing to sustainable and healthy growth for the labor market in the near term. The annual pace for payrolls at US companies ticked up…
TM Editors’ Note: This article discusses a penny stock/microcap. Such stocks are easily manipulated; do your own careful due diligence. On Thursday RXi Pharmaceuticals (RXII) announced that it had received a patent from the United States Patent and Trademark Office — USPTO — for a patent that covers RXi’s technology sd-rxRNA along with Connective Tissue…
CNBC shared the stat below this morning, per the Dow just experienced the “biggest comeback since 1933.” CLICK ON CHART TO ENLARGE Does a “comeback” mean money was made for the buy and hold community? Even though the comeback was historic, the net return on the Dow as 1.49%. Even though the quarterly gain was small…
Unless you live under a rock, I’m sure you’ve heard a variation of this investing maxim: “To earn high returns… you must assume high risk.” There’s an ounce of truth to this saying… but it mostly leads investors astray. Today, I want to show you how three specific low-risk investments helped my subscribers turn $20,000 into $40,010 –…
Hot stocks of the day: SPY, USO, BBRY, VZ, T. Video Length: 00:05:26
And so the confusion remains: why did Yellen go uber dove three days ahead of a day in which the BLS reported that in March not only were 215K jobs created, more than the consensus 205K, if below last month’s 245K, but in which average hourly earnings rebounded a solid 0.3%, above the 0.2% expected,…