After stocks nosedived last Friday following hints that the Federal Reserve would raise rates, every word from Fed Governor Lael Brainard’s speech Monday were scoured, sifted and sniffed for meaning.Fortunately, sulky investors received this pacifier: Brainard said the case for a preemptive rate hike was “less compelling.” For clarity, in Fedspeak… Read More
Linda McDonough is a veteran hedge fund analyst who loves to break down company financial statements and identify market inefficiencies to uncover big opportunities. She believes in a boots-on-the-ground approach that includes surveying customers, interviewing company executives, or doing whatever it takes to see what others don't.
She's now brought her experience as a hedge fund analyst to subscribers of her Profit Catalyst Alert service. Her system identifies small- and mid-cap stocks that are about to move due to catalytic events that few others can identify...until it's too late. These events often times result in massive gains for her followers.
Less than three months ago global markets teetered on the news that the U.K. had voted to exit the European Union. Talking heads fretted that the already struggling European economy would grind to a halt.But on Monday a survey showed a powerful rebound in the U.K. service sector, surprising investors… Read More
Like a ray of light piercing the fog, last week Federal Reserve Chairperson Janet Yellen sent out a clear signal to the market regarding the its near term plan on interest rates.At the committee’s annual policy symposium in Jackson Hole, Yellen said, “In light of the continued solid performance of… Read More
July is typically a slow month for real estate, but I recently heard a local realtor say she had to hire police officers to control the traffic at an open house last month. National numbers echo this strength. So much for the dog days of summer—at least in the housing… Read More
Unilever just bought the privately held (and unprofitable) Dollar Shave Club for a cool billion dollars. Not a huge transaction for Unilever, but another seismic shift for retailing—and a shift that spells opportunity for those who can decipher these tremors.Dollar Shave Club (as explained in its quirky ads) ships razor… Read More
After a strong June unemployment number was released Friday, the S&P 500 jumped 1.5%, likely moved by the headline: U.S. created 287,000 jobs in June vs. 175,000 expected.But just as I tempered the despair following a crushingly-low May number (“Don’t Bet the Farm on Non-Farm Payrolls, June 8), I’ll remind you… Read More
In the current crazy retail world, rummaging through racks of discount clothes at Burlington Coat Factory trumps buying Victoria’s Secret bras, and Walmart is beating Target with … groceries.Given consumer spending is increasing at its highest rate since last fall, you’d think all retailers would be doing at least fairly… Read More
It’s no secret that summer is the year’s busiest driving season. School vacations and warmer weather inspire trips to the beach or mountains and longer journeys to relatives’ homes or tourist destinations. The AAA estimates that Americans drive an additional 440 miles each summer.And this summer will see a great… Read More
For investors closely monitoring the stock market, the first Friday of every month is labor day – small “l”. On this day the Bureau of Labor Statistics (BLS) releases its monthly non-farm payroll report.And last Friday was not a happy labor day. Last Friday the number came in at 38,000,… Read More