CBS Evening News 7/9/2013 Source: Link Though the U.S. Labor Dept. reported that there were 3.8 million job openings in the month of June ( an increase of 28,000 job openings from the prior month), long-term unemployment rang-in at 4.3 million people, representing 36.7 percent of those who are currently unemployed. Not good! Readers/viewers may […]
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Boeing 777: Auto Throttle Problem?
CBS Evening News 7/9/2013 Source: Link If the pilots’ story regarding the Auto Throttle Controls is accurate, Boeing (BA) could be staring at some potential problems. For those who own shares of BA, Put protection and/or tight stop losses may be prudent at this point in time. In the final analysis, it really is up […]
Myriad Genetics (MYGN): The Fight Continues
Today, Myriad Genetics (MYGN) disclosed that it, along with three other assignees (the University of Utah, the University of Pennsylvania and the Hospital for Sick Children, Endorecherche), had filed a patent infringement lawsuit in the United States District Court for the District of Utah against Ambry Genetics. The suit alleges that Ambry violated up to […]
Generac: My Generator Won’t Run!
A few days ago we had a severe pop-up thunderstorm hit our neighborhood and, during the storm, a bolt of lightening took down a tree which took down some power lines with it. Consequently, we lost power and I had to march out to our garage to retrieve and connect our portable generator. Unfortunately, I was […]
RBS Placed On Negative Credit Watch By Moody’s
On July 5th the 4th of July fireworks celebration ended with a BIG bang when Moody’s Investor Service (MCO) placed Royal Bank of Scotland plc’s (RBS) on review for a downgrade. According to the public statement made by Moody’s: London, 05 July 2013 — Moody’s Investors Service has today placed on review for downgrade Royal […]
The Truth About Recent Employment Figures
To date, 11.7 million Americans are still out of work and, for those who are eligible to collect unemployment benefits, their wallets are feeling even lighter these days because of the $equester. As of July 1st, the average weekly benefit check of $289.00 for recipients was reduced by $43.00 thanks to the budget cuts. And, […]
Also posted in Fundamentals Tagged Economy, Fireworks, Sequester, Unemployed, Unemployment Leave a comment
Beta
StockCharts.com After reading one of my recent articles, a reader commented about the high beta that the Vanguard Long-Term Corporate Bond ETF (VCLT) carries. For those who may be unfamiliar with beta, essentially, it is a measure of stock’s volatility in relation to the market. By definition, the market is assigned a beta of […]
Diabetes — A Thing Of Beauty!
Well — it’s a thing of beauty for those companies that produce diabetic care products, and for the shareholders, but its certainly not a beautiful thing for those poor people who suffer from the disease. Unfortunately, however, America is a growing nation, both, in terms of numbers and size; and it is the later that […]
The Gold Rush — Out!
StockCharts.com For all of the Gold Bugs out there, we are quickly approaching what may be a good buying opportunity for the SPDR Gold Trust (GLD). As I have said many times before, I am not a believer in the gold trade. I did not expect to see a significant rise in inflation; and I […]
“June Employment Situation Better Than Expected.” Not So Fast!
Total nonfarm payroll employment increased 195,000 in June, with May’s figures revised upwardly from 175,000 to 195,000. WOW! The employment situation is finally, really getting better — right? Nope! Look at my highlights in the attached BLS Report. For the truly initiated, I have included the entire report for your perusal. Most of the jobs that were […]
