-
Seth Golden posted an update 5 years, 3 months ago
Goldman Sachs: We estimate nonfarm payrolls increased 175k in June, somewhat above consensus of +162k & a sharp improvement from the 75k gain in May. We estimate average hourly earnings growth narrowly rounded up to +0.4% in June (consensus +0.3%)
-
Seth Golden and JW are now friends 5 years, 3 months ago
-
Seth Golden posted an update 5 years, 3 months ago
Merrill: “We forecast that Nonfarm payrolls grew by 155k in June following a soft 75k reading in May. … We look for the unemployment rate to hold at 3.6% while wage growth should accelerate to 3.2% in June from 3.1% in May.”
-
Seth Golden replied to the topic Wal-Mart's online push set to continue in the forum State of Retail in U.S. 5 years, 3 months ago
Walmart (NYSE:WMT) is prepping itself to lose more than $1B in its e-commerce operations in the U.S. this year off revenue of $21B to $22B, according to Recode.
Sources say Walmart e-commerce chief Marc Lore is under increasing pressure to cut losses, a difficult task with the retailer looking to compete with Amazon on speed of delivery and…[Read more]
-
Seth Golden posted an update 5 years, 3 months ago
Goldman on TSLA deliveries:
1. Aggregate deliveries for Tesla vehicles in 2Q19 came in 5% above our estimate and over 10% above consensus (both company-compiled and StreetAccount) as Model 3 deliveries surprised to the upside.2. Further, the company noted positive progress on its logistics and delivery operations (driving some cost efficiencies…[Read more]
-
Seth Golden posted an update 5 years, 3 months ago
Today’s term structure is very comparable to June 2018 -
Seth Golden started the topic BofML says be patient with BBBY in the forum Bed Bath & Beyond (BBBY) 5 years, 3 months ago
Bank of America Merrill Lynch sees one more tough quarter for Bed Bath & Beyond (BBBY -1.6%) before the retailer’s turnaround efforts start to pay off.
“In particular, we are concerned that the decision by BBBY’s former CEO to pull back on BBBY’s well known 20% coupon could pressure comps more than anticipated, although gross margin will lik…[Read more]
-
Seth Golden started the topic JPM on Monday post trade truce markets in the forum S&P 500 Analysts Notes 5 years, 3 months ago
Why did we not go up even more Monday?
1) the G20 outcome was very expected on trade/tariffs (most assumed a moratorium would be declared on incremental tariffs)2) the two sides don’t seem any closer to reaching a full and final deal and as a result it looks like the US-China tariffs could stay in place in perpetuity
3) the Huawei news was a p…[Read more]
-
Seth Golden posted an update 5 years, 3 months ago
Morgan Stanley`s so-called “three wise men”!
1. Chetan Ahya: “This is an uncertain pause – no immediate escalation, but still no clear path towards a comprehensive deal…as things stand, we lack clarity on whether real progress was achieved on the sticking points that caused talks to break down in the first place…hence, our overarching c…[Read more] -
Seth Golden and ChrisDon are now friends 5 years, 3 months ago
-
Seth Golden posted a new activity comment 5 years, 3 months ago
Buying volatility is never something we recommend, especially VIX-ETPs that have intrinsic decay. You will need to at least subscribe to our Contributor Membership level to access our recommendations and research. -
Seth Golden and Ella M are now friends 5 years, 3 months ago
-
Seth Golden replied to the topic Wal-Mart Tops Q1 2018 Estimates in the forum State of Retail in U.S. 5 years, 3 months ago
BEIJING (Reuters) – Walmart (WMT.N) plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said in a statement on its verified social media account Monday.
The company also said it will set up or renovate more than 10 logistics centers in the country.
-
Seth Golden posted an update 5 years, 3 months ago
Q2 EPS Note from Goldman Sachs: 2Q earnings season kicks off on July 15 and consensus expects aggregate EPS to decline by 1% year/year, as margin contraction outweighs positive sales growth.
Due to the outsized impact of Info Tech on the aggregate index, the fundamental outlook is healthier for the typical company. The median S&P 500 firm is…[Read more] -
Seth Golden started the topic J.P. Morgan's Matejka sees significant new highs ahead in the forum S&P 500 Analysts Notes 5 years, 3 months ago
Mislav Matejka, head of strategy at JPM, continues to believe that global equities will make significant new highs before the next US recession strikes:
1) Fed is about to start easing, but without HY spreads or jobless claims spiking, both of which typically deteriorate into a recession. We believe that the US yield curve could stop flattening…[Read more]
-
Seth Golden posted an update 5 years, 3 months ago
-
Seth Golden and Scott Karren are now friends 5 years, 3 months ago
-
Seth Golden posted a new activity comment 5 years, 4 months ago
Never “LOAD” but I would feel more confident with scalp sizing until the next skirmish. -
Seth Golden posted an update 5 years, 4 months ago
Current betting futures on Dow. Usually a 30-50 point deviation. -
Seth Golden started the topic After G-20 events from JPM in the forum S&P 500 Analysts Notes 5 years, 4 months ago
1) Draghi’s successor–this may come at an EU Leader’s Summit on 6/30
2) US manufacturing ISM for Jul on Mon 7/1 –the St is modeling a downtick in momentum to 51.2 (vs. 52.1 in May)
3) OPEC meeting 7/1-2–it looks likely the existing OPEC+ production cuts will be rolled over to H2
4) US jobs for June on Fri 7/5–the St is modeling a notable imp…[Read more]
- Load More