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PayPal had 6.7% YoY revenue growth for Q4 2022. The Company raised full-year 2023 EPS guidance to $4.87 versus $4.76 analyst estimates. PayPal hit new milestones exceeding over six billion...
The United States 5-Year Treasury yield jumped 27 bp’s last week, from 3.66% the prior week to close, to 3.93% at this Friday’s close. The interesting thing: the first week of January ’23, the 5-year...
After Powell, investors listen to more Fed membersBut implied path on interest rates stays unchangedJobless claims and next week’s CPI data are the dollar’s next testsWall Street indices...
Almost five years ago I wrote a blog post titled, “BANG: Why The Gold Miners Could Soon Make FANG Look Tame.” A reader recently reached out to ask if I would post an update so here it is....
Get ready, my fellow contrarians—QQQ “amateur season” is approaching! If you watch as much March basketball as I do, you’re about to hear this repeated hundreds of...
Shares of Pinterest (NYSE:PINS) are down on Tuesday after the social media company reported worse-than-expected revenue for the fourth quarter and issued a tepid Q1 forecast. Pinterest reported...
Snap only provided “internal” Q1 2023 revenue estimates of (-10%) to (-2%) and opted to leave out its official revenue and EBITDA guidance for the next quarter causing shares to crater...
We’ve seen a big bounce (and 12%+ dividends!) in one particular type of closed-end fund (CEF) this year—and all of my buy indicators suggest this profitable play is still in its early...
It was a good week with most of the economic news and certainly with the markets. Will it continue? We are not prognosticators, but there are plenty of Pros and Cons. As they often say on Wall Street,...
Twitter was the first medium – I believe it was Lisa Abramowicz of Bloomberg – that noted that the February 2nd, 2023, rally in the corporate high-yield asset class was the strongest day...
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