Author Archives: Jon C. Ogg

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Top Analyst Upgrades and Downgrades: Netflix, Nike, Pandora, SunPower, United Continental and More

Stocks closed higher on Monday and were indicated even higher again on Tuesday. The ongoing theme is that investors have not tired of what is close to an eight-year bull ...
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Is Starbucks Same Store Sales Growth Too Dependent Upon My Starbucks Rewards?

Ahead of its Investor Day on December 7, Starbucks Corporation (NYSE: SBUX) was given a review by Credit Suisse about quantifying the impact of "My Starbucks Rewards" on the Starbucks' ...
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St. Louis

St. Louis Fed Bullard Sees Rate Hike Coming, Followed by Nothing

Over the weekend, 24/7 Wall St. released its Federal Reserve rate hike watch with an overwhelming chance for a rate hike in December, only to find another call for a ...
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Analysts Keep Upgrading Oil & Gas Stocks in Wake of OPEC Production Cuts

Last week's oil production cut announced by OPEC has really put in a solid floor for oil stocks. Some of the second tier and offshore drillers and exploration companies even ...
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Employment Trends Index Remains Strong in November

After last Friday's Bureau of Labor Statistics (BLS) report on unemployment and payrolls, it was assumed that the labor market remained strong. There were less than solid payrolls gains, despite a ...
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ISM Non-Manufacturing Posts Strongest Reading of 2016

The ISM Non-Manufacturing Index has been released for November, and we saw an explosive move higher. The Composite Index came in at 57.2. Bloomberg had a consensus estimate of 55.5, and ...
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NY Fed’s Dudley Outlines Rate Hike Expectations and Challenges Ahead

New York Federal Reserve President William Dudley is the latest Federal Reserve member to talk up interest rates. On Monday morning, Dudley was speaking on the macroeconomic outlook at the ...
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submachine gun, assault rifle

What the Drop in Gun Stocks Means for Gun Demand Under Trump Over Clinton

For years there has been a driving force behind the gun trade, more than fears of terrorism and mass shootings. That force has been the fear of much more restricted ...
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credit cards

Odds Overwhelmingly Favor FOMC Interest Rate Hike in December

There is going to be some serious food for thought in the coming weeks. As 2016 comes to an end, there has been a substantial post-election rally around the notion ...
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15 Major Oil and Gas Analyst Upgrades After OPEC Production Cuts

The week of November 28 to December 2 was less robust in the equity markets than in prior weeks since the election, but do not dare tell that to the oil ...
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Inflation Ahead

2017 Outlook: Further Evidence of Reflation to Inflation

The week of December 2 may have interrupted the trend of endless gains since the election, but what is continuing to be seen is a groundwork for those higher prices ...
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November Unemployment Hits Post-Recession Low, With Caveats

Friday's only real economic report of much consequence was the U.S. Department of Labor's employment situation report. It turns out that the official unemployment rate for November dropped to a post-recovery ...
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Top Analyst Upgrades and Downgrades: Exxon Mobil, International Paper, JC Penney, Lululemon, Ulta Salon and More

Despite a 4.6% unemployment reading, the number of nonfarm payrolls added in November was more or less in line with expectations. Stocks were indicated to open marginally lower on Friday, ...
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Starbucks Pune

If Howard Schultz Is Leaving Starbucks, Has This Coffee Giant Peaked?

Believe it or not, Howard Schultz has tried to leave Starbucks Corp. (NASDAQ: SBUX) before. This time looks like it will be for real. Starbucks announced on Thursday that Howard ...
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Negative-Yielding Sovereign Debt Outstanding Keeps Shrinking and Shrinking

Stocks have risen handily since the end of the election, but so have bond yields. Now we have close to 100% chance that there will be an interest rate hike ...
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