Kohl’s Boosted By Amazon Smart Home Partnership
Shares of Kohl’s (KSS) popped in morning trading after the company announced a partnership with Amazon (AMZN). PARTNERSHIP AGREEMENT: Kohl’s announced plans this morning to roll out a “smart home experience” in 10 stores across the Los Angeles and Chicago areas. Beginning in October, shoppers at these stories will be able to purchase Amazon devices, […]
Trump’s Threat To End U.S. Trade Deal With South Korea: Where’s The Beef?
In listing bad things that Donald Trump is doing for the economy, Washington Post business reporter Heather Long included his threat to end the trade deal with South Korea. The piece noted that U.S. beef exports to South Korea topped $1 billion last year. While this is intended to be a big deal, it is not clear […]
Trade Deficit Widens Slightly: China, EU, Japan Up, Mexico Down
The Census Bureau International Trade report shows that the goods and services deficit was $43.7 billion in July, up $0.1 billion from $43.5 billion in June, revised. July exports were $194.4 billion, $0.6 billion less than June exports. July imports were $238.1 billion, $0.4 billion less than June imports. The country-specific details may have Trump howling. The […]
MX Gold Corp. – Expected Production
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Resource investors have been watching the recent movements in the gold market with a mixture of trepidation and excitement as the precious metal continues to rise in value on a wave of political […]
EC Crown Castle: The Highest-Yielding Stock Held By Bill Gates
Crown Castle (CCI) only began paying dividends in 2014, but the company currently offers income investors a dividend yield that’s nearly twice as high as the market’s with 7% to 8% annual dividend growth potential. More importantly, Crown Castle has an attractive business model with substantial recurring revenue, excellent free cash flow generation, substantial barriers […]
Hewlett Packard Has A Big Amazon Problem
I joined CNBC this evening to chat about Hewlett Packard Enterprise’s (HPE) latest earnings announcement. Hewlett Packard Enterprise investors got some much-needed good news today, as the company beat third quarter estimates. Shares are up over 4% after hours. Earnings came in at 31 cents per share, better than the 26 cents expected by analysts. Revenue also beat […]
Ride Out The VIX Spike With These 5 Low Beta Stocks
On Tuesday afternoon, the CBOE Volatility Index surged more than 38% to hit 14. Driving the ascent of the VIX was a trifecta of factors. While tensions over North Korea continued to escalate, markets were visited by familiar concerns over a policy paralysis in Washington. Meanwhile, news that a new category 5 hurricane, Irma, has […]
ISM Services Rises Less Than Expected
After last week’s ISM Manufacturing report came in at a six-plus year high, the current environment for the larger services sector was not nearly as strong. While Wednesday’s release of the ISM Non-Manufacturing report for the month of August did improve to 55.3 relative to July’s reading of 53.9, the rebound was not as strong […]
Oil Drillers – Attempting Bullish Breakout
Oil Drillers have had little to smile about over the past years. Could this trend be about to end? A pattern is in play that highlights a counter trend rally could be near. Below looks at the Oil Drillers (XOP)/ S&P 500 Ratio over the past couple of years. The ratio could be creating a double […]
Stanley Fischer Resigns As Fed Vice-Chair
Developing… Ok, and now Fischer is resigning… FED VICE CHAIRMAN FISCHER RESIGNS, EFFECTIVE MID-OCTOBER He’s citing “personal reasons.” “Stan’s keen insights, grounded in a lifetime of exemplary scholarship and public service, contributed invaluably to our monetary policy deliberations,” Yellen says. “He represented the Board internationally with distinction and led our efforts to foster financial stability.” […]
