Commodities are trading at the lowest prices relative to U.S. stocks in half a century or more as a bear market persists. The ratio between the S&P/GSCI Total Return Index and the S&P 500 Index dropped Monday to its lowest level since calculations of the commodity gauge begin in 1970, according to data compiled by … Continue reading Commodities Down
Months of swings in the U.S. stocks have left the VIX Index less than… volatile.
Anticipation that U.S. stocks will rise once the Federal Reserve begins reducing interest rates is at odds with recent history. Data compiled by CFRA Inc. show the S&P 500 Index fell 12.4% in the first six months after cuts started in 2007. The drop broke a post-World War II record of 9.5% set in 2001, … Continue reading U.S. Interest Rates
Beyond Meat meets a touch of rationality. JP Morgan downgraded the stock from Buy to Neutral today sending Beyond down about 20% after a nice rally yesterday. There's a possible big potential here once the company begins making the right partnerships, but there's also a decent amount of competition. And don't forget the last earnings, … Continue reading Beyond Downgraded
Nonfarm payroll increased by 75,000 in May (263,000 reported, actual revised 153,000)Unemployment steady at 3.6%Employment continued to trend up in professional and business services and in health care. Number of unemployed persons little changed at 5.9 million(5.8 million) **April numbers in parentheses Consensus estimate according to fxstreet.com was 185,000 increase, so far less than forecast. … Continue reading May Jobs Report
Vegetarian doesn't have to look like a yogurt bowl anymore... Beyond Meat reported a Quarter March 2019 ($0.14) per share on revenue of $40.2 million. The consensus estimate was a loss of ($0.14) per share on revenue of $38.7 million. The company said it expects 2019 revenue to exceed $210.0 million. The current consensus estimate … Continue reading Beyond Meat & Zoom
FedEx just announced deliveries 7 days a week. Amazon shoots for 30-minute drone deliveries. The Wall Street Journal reports FedEx to Deliver Packages 7 Days a Week. “Online shopping is seven days a week,” FedEx President and Chief Operating Officer Raj Subramaniam said in an interview. “So there is increasing demand from online shoppers and … Continue reading Drone Life
The S&P 500's dropped below 2,800 last week, was it a bear trap?
Stocks less affected by U.S. market movements are showing renewed strength after falling out of favor last year. The S&P 500 Low Volatility Index’s ratio to the S&P 500 Index closed Monday at its highest reading since August 2016, according to data compiled by Bloomberg. The low-volatility gauge consists of 100 stocks with the smallest … Continue reading Zin Zen
Apple's Tim Cook said "currently the Chinese have not targeted Apple at all. And I don't anticipate that happening, to be honest." "I'm hoping that doesn't happen. And I don't anticipate it happening. I know people think the iPhone is made in China," Cook said. "The iPhone is assembled in China. The truth is, the … Continue reading Apple Free of China?