NasdaqCVS Health Kicks Smoking Habit And Still Has Record SalesForbesDrugstore giant CVS Health (CVS) found kicking the habit didn't hurt sales or profits as increased prescription drug sales helped overcome the company's decision to stop selling cigarettes and other tobacco products last year. In the company's first …
Category: Finance
There is no car like the president’s armored limo — aka ‘The Beast’
Designed from the ground up by the Secret Service, Obama’s $1.5 million “Cadillac One,” aka “The Beast,” is a moving fortress impenetrable by bullets and bombs. The president has 12 identical limos in rotation and, when not in use, they’re parked in the basement of the Secret Service’s headquarters …
Federal Reserve SOMA Holdings of the Long Bond
It is well known that the Federal Reserve in its three rounds of QE (and especially the first two) aggressively bought Treasury Notes and Bonds or collectively the ‘Long Bond’ of 10 Years and longer. But there has been relatively little discussion of what that means for such things as …
Google Now Calculates Your Mortgage
Apparently it was created to capture those searching for a mortgage calculator because it shows up in the search results, much as its regular calculator does, according to Search Engine Land. From Google Plus : Preparing for homeownership just got a bit easier.
Sold DIS March Naked Put
I’ve been a steady fan of Disney (DIS) for a while and would have done better over the past year by buying shares rather than selling naked puts. However, I know that the stock will stumble along its way higher again, as it did when I was assigned a …
Viewing Stock Market Risk Over The Long Run
The following is a chart that I usually like to pull out during a crisis when people are scared of investing in the stock market, but since I just found a nicely updated version of it, I had to share. It is taken from Jeremy Siegel’s book Stocks for …
New Trade: Long Facebook ($FB) and short Travelzoo Inc. ($TZOO)
Today I will be opening a 5th tech stock long & short pick with the portfolio up 3.63{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} so far this year. After a more difficult start to the year, things are now back and my overall picks are back in the black. Today’s stock pick might look a …
Procter & Gamble, the Strong Dollar, and Pepto Bismol
By Tony SagamiApplied Materials. Boeing. Coach. Ford. Intel. McDonald’s. Nike. Pfizer.What do those household name companies have in common? Not much, other than that a huge part of the sales come from outside the US.Really, really huge.Collectively, the 500 companies in the S&P 500 get 46{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of their …
Countdown To Liftoff Stable Ahead of NFP
Ahead of the BLS’s release of the Employment Situation Report at 8:30 AM tomorrow morning (featuring the critical Nonfarm Payrolls reading), Bespoke’s Countdown To Liftoff measure of the months remaining until a Fed hike is showing a very stable reading. With a large selloff in bonds taking place over the last …
Shake $10 from Shake Shack
Keeping coming down. Shake Shack Inc (SHAK) after its glorious IPO is coming back down to earth. Two days after going public and jumping 100{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} the selling has begun. More like profit taking. That is why SHAK has dropped $10. The trend continues today as SHAK now trades at $…
Health Care for Buster: All About Pet Insurance
Veterinary care has gotten more sophisticated — and more expensive. But pet insurance can ensure you don’t have to choose between your pet’s well being and a $5,000 surgery. (It doesn’t replace the ‘cone of shame,’ though.) Photo: Geoff Stearns Our pets are many …
EBay restates quarterly profit to reflect lower income tax
(Reuters) – EBay Inc raised its reported fourth-quarter net income by $87 million to reflect a reduction in income tax expense.
Futures little changed ahead of payrolls report
U.S. stock index futures were little changed on Friday ahead of the monthly payrolls report, with the S&P 500 on track for its best week out of seven as investors digested the latest batch of earnings. * Investors will look to the January employment report for signs of strength …
Dow Jumps 211 Points as M&A, Oil Help Stocks Turn Positive in 2015
Stocks surged today and finding a reason was like reaching your hand into a top hat and pulling out a slip of paper. Reuters The S&P 500 gained 1{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} to 2,062.52, while the Dow Jones Industrial Average rose 211.86 points, or 1.2{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}, to 17,884.88. The Nasdaq Composite advanced 1{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} to 4,765.10. Oh. And all …
Bring Your Toaster or a Laptop to the Meeting, Hmm?
One of my favorite cartoonists is Jack Ziegler. I have a few collections of Ziegler’s cartoons, and reading through them you can’t help notice that the guy has done his fair share of toaster cartoons. My personal favorite is the Munch Master toaster with the two pieces of ‘The Scream’ …
Non-Farm Friday – Is America Working?
What a recovery! ; It's even better than the last two recoveries last month but not quite as good as the recovery we had in December. ;From a Big Chart perspective, using our 5{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} Rule™, we're still waiting for the NYSE to finally confirm a real rally by going…
Average US rate on 30-year mortgage falls to 3.59 pct.
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
Sold April UWM Naked Puts
I mentioned in my last post that I had a limit order in play for new UWM naked puts. It took all of two and a half minutes of trading today for that order to hit. While UWM was trading at $87.13, I sold two UWM April $75 naked puts …