Earnings
Suddenly Tech Is a Margin Story

Suddenly Tech Is a Margin Story

Technology stocks are usually all about growth, but in the last few days costs have been the talk of the town more recently. Facebook (FB) is the big example, losing a record $119 billion of market value yesterday. Slower growth was part of the problem, but most...

Tech Mixed, Industrials Strong: Earnings This Week

Tech Mixed, Industrials Strong: Earnings This Week

It was the best of times and the worst of times. The saying was seldom truer than the past week's earnings reports. Starting with the bad news first, there's one word everyone needs know: Facebook (FB). The social-media giant slammed into a wall of rising costs and...

Here Come Earnings

Here Come Earnings

It's hard to deny sentiment is building for a strong earnings season. Depending on who you ask, profits are projected to rise more than 20 percent. While the estimates vary, direction is positive because all the research shows consensus figures climbing in recent...

Don’s Notebook May 31, 2018

Don’s Notebook May 31, 2018

The US Department of Commerce released its most closely watched of all inflation gauges, the core Personal Consumption Expenditure Price Index (PCE). Income rose 0.3 percent in April but the wages & salaries component shows a 0.4 percent gain. Spending jumped 0.6...

Don’s Notebook May 30, 2018

Don’s Notebook May 30, 2018

The national employment report from Automated Data Processing Inc. is computed from ADP records that represent approximately 400,000 U.S. business clients and approximately 23 million U.S. employees. ADP hasn't been getting much attention lately, but earlier it issued...

Don’s Notebook May 29, 2018

Don’s Notebook May 29, 2018

In today’s Morning Market Briefing, presenter Fausto Pugliese of CyberTrading University cautioned about “forcing” trades today since he expected a slower market following the Memorial Day market holiday. “Do not be aggressive today” was his warning. The S&P Core...

Don’s Notebook May 23, 2018

Don’s Notebook May 23, 2018

New homes have been one of the strongest areas of the economy, however today's April New Homes Sales Report is expected to show a decrease from the March total. A related announcement from the Mortgage Bankers' Association already out is that purchase applications for...

Don’s Notebook May 4, 2018

Don’s Notebook May 4, 2018

Payrolls rose 164,000 after an upwardly revised 135,000 advance,  according to the Labor Department data announced earlier today. The jobless rate fell to 3.9 percent, the lowest since December 2000, after six months at 4.1 percent. Average hourly earnings increased...

Don’s Notebook May 3, 2018

Don’s Notebook May 3, 2018

Don’s Notebook May 3, 2018 March looks to have been a very good month for the trade balance, the month when tariffs and trade wars first hit the news. The trade deficit fell in March to $49.0 billion with the Chinese deficit, narrowing to $25.9 billion from February's...