There is some market chatter about the potential for the Flash PMI to come in under 50. The current trajectory of the manufacturing as well as the move by Premier Wen to slow down the economy to avoid a major inflationary fiasco may come together to show a contraction. The...
Below is a quick excerpt from the notes and information we gleaned from the quarterly conference call.
General Comments: Apple provided a stellar quarter and a major earnings surprise. The Margins were nicely higher than expected, but the company believes that was a one-off and will return to a more normalized...
We looked to find some potential bounce candidates that are nearing their 50 Day Moving Average. Below are a list of the tickers, description and the criteria for screening:
All United States Exchanges
Average Daily Volume > 700,000
Price > $8.00
Price 3 Months Ago < Current Price (Establishes that...
A few of the headlines today from IBD. Nothing to get too excited about…
Goldman Sachs says the economy grew at a 1.5% annual rate in Q2, down from its previous forecast of 2%, due to disappointing consumer spending data. It also slashed its Q3 growth forecast to a 2.5% annual...
All of a sudden there is some fear back in the markets. Over the past year, there has been a great deal of spin put on the European crisis. Now investors are waking up to the fact that there really is a crisis developing.
Even as the stress tests once again...
