Fed Statement & Its Impact on Our View of Interest Rates & the US Dollar
The Federal Reserve had a meeting and issued a statement yesterday. We did not learn very much, but we did learn that the Fed has finally stated that the economy…
Hold a Buck to Make a Buck
One of the subjects that we have discussed here at TOE has been monetary policy, interest rate differentials, and the performance of the US Dollar. As a memory refresher, we…
Monday, Tuesday & Wednesday are the Best Days to Own Stocks, Forget Thursday & Friday
The efficient market hypothesis posits that daily share price movements are random and that all stocks are priced with the expectation that the holder of an asset earning a profit…
A Time to Hedge
Picking the tops and bottoms in the price of a stock, commodity or index is a nearly impossible task. There are a number of reasons for this, not the least…
Breaking Out the Financials
The old common rule of thumb was that falling interest rates are good for bank and rising equity prices are good for the insurance companies. At first blush, this makes some…
Salesforce.Com (CRM) Sometimes We Don’t See Value Where Others Do
The investment markets are made up of millions of buyers and sellers. To our way of thinking, asset prices are set by the buyers. Afterall all, the price of an…
Did Skechers (SKX) Signal Consumers are Ready to Run?
Skechers U.S.A., Inc. (SKX) designs and markets lifestyle footwear for men, women, and children, and performance footwear for adults. The Company operates in 3 segments: (1) domestic wholesale sales, (2)…
Is Unrest in Europe a Reason for the US Share Price Rally?
The separatist movement in Catalonia is going hot and heavy. The citizens of that region of Spain have voted to become their own nation. The reasons for this are both…
Update: United Continental Holdings (UAL)
United Continental Holdings (UAL) reported their Q3-2017 financial performance yesterday and Wall Street Analysts did not like what they heard. Day traders, momentum traders, and scalpers did not like what they…
Share BuyBacks: A Case Study McDonalds (MCD)
Profitable companies generate free cash flow and there are 2 basic ways they can spend it. Companies can either invest in the business so that it can grow or defend…