Category Archive: Finance, No picture
The Growth Of The World’s Middle Class May Be The Greatest Story Of Our Age
A woman who woke up from a thirty-year coma in 2018 would be forgiven if she looked around and came to believe our world is falling apart. Cable news and social media are a steady drumbeat of negativity. There is a sense the world is not right. Russian collusion. Xenophobia. Antifa. Unite the Right. Stormy […]
3 Best PIMCO Mutual Funds Worth Betting On
Founded in 1971, Pacific Investment Management Company, LLC or PIMCO is an internationally acclaimed investment management firm. The company provides a wide range of financial services across the globe with the help of more than 2,300 employees. PIMCO had around $1.71 trillion assets under management as of Jun 30, 2018. PIMCO offers a broad lineup […]
Crude Oil Price Outlook: WTI Reversal Approaching Initial Targets
Crude price reversal targeting initial resistance targets- Interim bullish invalidation at 67.14 Crude prices are up nearly 7.5% off the August lows with the reversal now approaching the monthly opening-range highs. Here are the updated targets and invalidation levels that matter on the Crude Oil price charts this week. CRUDE OIL DAILY PRICE CHART (WTI) Technical Outlook: In my previous Crude […]
Q2 Real GDP Per Capita: 3.55% Versus The 4.23% Headline Real GDP
The Second Estimate for Q2 GDP came in at 4.2% (4.23% to two decimals), up from 2.2% in Q1. With a per-capita adjustment, the headline number is lower at 3.55% to two decimal points. Here is a chart of real GDP per capita growth since 1960. For this analysis, we’ve chained in today’s dollar for […]
E Johnson & Johnson Is A Forever Stock
One of the worst mistakes an investor can make is falling in love with a stock. Just because an investment has worked out in the past doesn’t mean that the company will continue to produced earnings and revenue numbers that drive the share price higher. This type of thinking can blind an investor to the […]
Opiant Jumps As Analyst Sees Value After Opioid Overdose Spray Maker Bought
Shares of Opiant Pharmaceuticals (OPNT) are on the rise after Emergent BioSolutions’ (EBS) announced the acquisition of Adpat Pharma. Commenting on the deal, Cantor Fitzgerald analyst Brandon Folkes told investors he believes the acquisition underscores the potential for companies addressing the opioid overdose market, and that Opiant presents an attractive risk/reward, even if it captures […]
Tesla Debt: One Year Later
In what feels like an eternity, Tesla’s1 first salvo of fixed-term debt was issued just over one year ago on August 15, 2017. On August 7, 2018, Tesla CEO Elon Musk cryptically announced via Twitter that he is considering taking Tesla private at $420 per share. On August 24, 2018, Tesla announced in a blog post […]
USD/CAD Rate Risks Larger Rebound As Bearish Sequence Snaps
CANADIAN DOLLAR TALKING POINTS The recent selloff in USD/CAD appears to have stalled as representatives from Canada & the U.S. gear up for negotiations, and current price action warns of a larger recovery as the exchange rate snaps the series of lower highs & lows carried over from the previous week. USD/CAD Rate Risks Larger Rebound as […]
E Enbridge: A High-Yield Company With Compelling Dividend Growth Rates
Enbridge (ENB) is a leading pipeline company that has a vast asset footprint across the US and in Canada. The Calgary-based company is a member of the TSX 60. Company Overview Enbridge, which was founded in 1949, owns a network of natural gas and oil pipelines primarily in Canada, but to some extent in the […]
The Philly Fed ADS Business Conditions Index Update – Wednesday, August 29
Note: We’ve updated our periodic look at the Philly Fed ADS Index today’s release, which the Q2 GDP Second Estimate and unemployment claims through August 18. The Philly Fed’s Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relatively little known real-time indicator of business conditions for the U.S. economy, not just […]
