It’s not just that Fitbit (FIT) reported a miss on the top-line, but more so that the company lowered expectations for the full-year and expectations regarding growth going forward. The average analyst estimate for revenue growth in 2016 was roughly 40%, before Fitbit’s revised guidance.Now, analysts expect the company to report revenue growth of roughly 26 percent for 2016.For 2017,…
The Leuthold Group: Not Normal The Major Trend Index was unchanged at a Neutral reading of zero for the...
With only a week of trading under our belts in 2017, maintaining a core short position in ProShares Ultra...
“The S&P 500 has not bottomed in the months of January – May when it has finished the year...
While expected, we think the Fed’s pivot to a more aggressive tapering schedule poses a larger risk for asset...
A rumor has recently surfaced regarding the possibility, not the probability, but the possibility of Macy’s (M) selling itself....
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review this week’s SOTM. In...
For this week’s tech report, we focus on that shiny precious metal: gold. Ever since the post-recession high in...
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