Why Is The Euro Rising And Could Loonie Trip Up The Longs?

Why Is The Euro Rising And Could Loonie Trip Up The Longs?
Market Drivers September 06, 2017AU GDP missesEUR at week’s highNikkei -0.14% Dax 0.10%Oil $49/bblGold $1340/oz.Europe and Asia:AUD GDP 1.% vs. 1.9%North America:USD ISM Non-Manufacturing 10:00CAD BOC 10:00 It’s been a quiet night of trade in the FX market with dollar see-sawing against the yen while losing some ground against the euro in otherwise listless dealing. The only true mover of... Read More

Hurricane Irma Could Destroy Oil Demand

Hurricane Irma Could Destroy Oil Demand
About half of the shuttered refining capacity along the Gulf Coast could be back up and running by Thursday, assuaging concerns about the possibility of acute gasoline shortages in much of the U.S. The disruptions of more than 4 million barrels per day of refining capacity have been cut in half, with major refineries restarting operations in Corpus Christi and... Read More

Its Business As Usual

Its Business As Usual
Stock futures are up slightly in today’s pre-market, following a precipitous sell-off yesterday, especially in the Dow. Myriad concerns – from North Korea nuclear testing to Hurricane Irma heading for another major American flood plain (this time Florida) – seemed to finally cause a downturn in equities trading on Tuesday. Perhaps it was that so many concerns, which on their... Read More

3 Things That Could Bring Zynga Down

3 Things That Could Bring Zynga Down
Things are looking up for Zynga (NASDAQ: ZNGA) . After struggling for years to find its footing in the mobile games market, sales on smartphones and tablets are now growing fast enough to outpace declines for its browser-based titles, and the company has been employing a more cost-conscious development approach that’s producing encouraging top- and bottom-line results. Mobile sales increased... Read More

Chuy's Holdings' Growth Troubles in 3 Charts

Chuy's Holdings' Growth Troubles in 3 Charts
From 2011 through 2016, Tex-Mex chain Chuy’s Holdings (NASDAQ: CHUY) was a steady growth machine, increasing both its revenue and its restaurant base at compound annual growth rates of more than 20%. But then the so-called “restaurant recession” — caused by declining customer traffic and what many believe is an oversupply of restaurant choices — helped send chains like Logan’s... Read More