Equities were mixed yesterday as the NASDAQ led by the technologies advanced and the Dow fell. Equity volume was muted. Treasury yields were relatively lower and oil rose after Saudi Arabia announced even deeper cuts and Venezuela is...
Apple posted results that narrowly beat the expectations set when Apple issued a rare earnings warning at the beginning of the month. However its outlook for the current quarter is regarded more disappointing than some were expecting. At the time of this writing shares are...
Will today’s employment data alter perceptions? Equities traded significantly lower on Apple’s revenue warning. Is this a warning to all multinationals, especially those with a large exposure to China? Apple did not mention tariffs as a major reason for the “magnitude of economic deceleration, particularly...
The NASDAQ fell about 0.50%% as Apple and Twitter vastly disappointed. The S & P and Dow posted nominal advance, the result of rising crude and an uneventful Fed meeting. If I wrote three months ago the typical stock would be up following a profit...
Equities staged a rebound to close virtually unchanged from over a 1.0% deficit following a statement from a Federal Reserve official that policy moves are not predetermined amid the recent market turmoil. The dollar weakened and oil fell....
The Chairman of Shell stated with oil prices at current levels every oil firm will have to slash its budget, commenting further that most investments outside the Middle East does not make sense. He further stated oil prices declining another 20% might be too optimistic,...
When I came into the industry about 30 years ago I unknowingly cold called a legendary icon. The gentleman politely interrupted me partially through the presentation and gave me some unsolicited advice, advice that I believe is more poignant today than in years’ past....