Shares of AstraZeneca (AZN) are dropping sharply after the company said its MYSTIC trial failed to show its two-drug combination extended progression-free survival compared with standard-of-care chemo...
In what is likely to provide a big boost to second quarter GDP numbers, wholesale and retail inventories surged in June according to Advance Indicators from the Census Department. The advance number...
The plunge in US equity markets continues – led by big tech names… Sending VIX soaring to 11 for the first time in 3 weeks. As stocks slip, and VIX spikes, liquidity is also disappe...
The Chicago Fed’s National Activity Index, which we reported on this morning, is based on 85 economic indicators drawn from four broad categories of data: Production and Income Employment, Unem...
Photo Source Investing in the safest banks has historically been very lucrative. They have high returns on equity and can dig economic moats around their businesses in the form of high switching costs...
Rick Ackerman kicks off today with his targets for gold, silver and the US dollar. The burden of proof is still on the bulls to finally push the gold price past the election night highs. As for the do...
Work Day (Ticker: WDAY) is on the move and is breaking out right now. WDAY spent the past month and a half consolidating and the past week really tightening up. When we see patterns tighten up, build ...
The latest house price data, the S&P CoreLogic Case-Shiller Home Price Indices, illustrate a critically important point: real estate is local. That seems an obvious statement, but many of us have...
<< Read Part 1: FAANGs In Finance: Joining The Customer Journey << Read Part 2: FAANGs In Finance: Amazon What’s the #1 source for fast, accurate information? Google. With a culture of...
The market expectations for weekly initial unemployment claims (from Bloomberg/Econoday) were 235 K to 243 K (consensus 240,000), and the Department of Labor reported 244,000 new claims. The more impo...