10-OCTOBER 14-2021

Where Did Summer Go!Good morning.
Inflation may be the headline story, but it’s just one factor that could impact corporate profitability this earnings season.  Many companies are able to pass on rising costs to customers from run-of-the-mill inflation.  But higher energy prices, which have been running hotter than official inflation measures, represent a much larger bill for many companies.  We’re already starting to see warnings on that front, including form airline companies, as oil prices hit a seven-year high.
But there’s one more threat out there.  Last week, 136 nations signed an agreement on a minimum corporate tax rate of at least 15 percent.  The goal?  To keep multinational companies from having a subsidiary in a low-tax jurisdiction to avoid the higher tax rates of other countries.
While some companies may have to shift operations, the end result will be in higher total taxes paid overall, which may induce some companies to start looking for ways to lose money for tax purposes, a measure that may weigh on share prices should that play out.  Add it all up, and corporations are facing a number of challenges likely to keep profitability down in the next few months.

Now here’s the rest of the news:

No, the $3.5 Trillion Spending Bill Does Not Cost $0 –Ryan Bourne,The Dispatch
So while the question of who bears the cost is complicated — potentially incorporating both current and future taxpayers — nobody should claim that this is a zero cost bill… [Read Here]

October 14, 2020

Lookin' GreatGood morning.
You’ve heard of the tail wagging the dog?  In the case of the stock market, that can often be the case when options traders get active.  That’s because when options trades increase, banks need to hedge their contracts by actually buying shares.
That’s what happened this week with Apple ahead of its latest iPhone launch.  Options trading surged on the stock to a record high on Monday, which in turn led to a large amount of share buying to hedge the options trade.  On Tuesday, shares fell as the option buying slowed down.  So the next time a stock is making an unusual move… look to see what the option traders are up to.

Now here’s the rest of the news:

 

October 14, 2019

Happy Holiday Monday!

Looks Like Heaven To Me!Today Darren Hardy posted a great ‘Come From Behind’ message!  Any time I hear the words “Come From” I think of Newfoundland.  NFLD more than captures my imagination … It captures my heart!  Newfoundlanders say, ‘they’ll be disappointed when they leave this Earth and go to Heaven’.  That says quite a bit in just a few words!

To Newfounders everywhere and want-to-bes…  😉

October 14, 2018

(zip)

October 14, 2017

Today Caryl and I celebrated the marriage … the uniting … of Jebelle Morales and Mark Fortich.  We’re very pleased for the both of them.  Congratulations!!!

We proudly introduce you to: Mr. & Mrs. Fortich.

REW

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Come From Aways, Do You?

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