Month: January 2016

Wells Fargo Raised Microsemi To Outperform

31/01/2016

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Hearing Chatter FCC Will Overhaul TV Set-top Box Regulations

31/01/2016

Hearing rumors circulating that the FCC is set to overhaul TV set-top box regulations to help viewers access more internet content. This will be a boom for Internet content providers. It should also help increase the demand for bandwidth and thus help internet back-haulers and tower companies. The regulatory changes would force cable and satellite Read More »

Durable Goods Plunges Revisions Down Big

28/01/2016

Durable Goods orders plunged in December 2015. The consensus range was -3% to +1.5%. The actual number was -5.1% meaning it was a surprise to the downside. Core capital goods, which exclude defense equipment and aircraft, fell off a cliff at -4.3%. Downward revisions were nasty as well. November was originally reported as -0.4%. It Read More »

Surpise Shocker, Home Sales Surge To the Upside

27/01/2016

New home sales surprised to the upside, coming in at 544K. The spin by the real estate industry in the mainstream financial media is that this report bodes well for 2016 and future home sales. I disagree with that analysis. We know from the Retail Sales report that consumers are broke and no one has Read More »

Johnson Controls Confirms Merger With Tyco

25/01/2016

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TheStreet Calls Lululemon a Standout Stock To Buy

24/01/2016

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Hearing Chatter That Mobile Device Suppliers Will Lower Guidance

24/01/2016

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Ballard Power Signs $12M Deal for Fuel Cell Stacks in China

21/01/2016

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Del Friscos Restaurant To Open Steak House At Legacy West

18/01/2016

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Forecast Numbers For 4th Quarter GDP Continues To Plunge

16/01/2016

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.6 percent on January 15, down from 0.8 percent on January 8. The forecast for fourth quarter real consumer spending growth fell from 2.0 percent to 1.7 percent after the retail sales report on Friday, January Read More »

Industrial Output Declines for Third Month

15/01/2016

For December, industrial production fell -0.4 percent for a third straight month of declines. Mining, reflecting low commodity prices and contraction in energy, fell -0.8 percent for a fourth straight decline. Manufacturing production fell -0.1 percent for a second straight month after November’s lower revision. Vehicles fell -1.7 percent following November’s -1.5 percent decline. Rising Read More »

Institutional Trader Selling Detected On The TICK

13/01/2016

For the first time this year, the TICK today showed institutional traders selling with a reading of -614. The selling was broad based with the offensive sectors of Consumer Cyclicals/Discretionary and Technology leading the sell-off. Defensive utilities held up the best: Sofi AI Market Sentiment GaugeMarket is overbought.