Showing posts with label NOTD. Show all posts
Showing posts with label NOTD. Show all posts

Friday, October 31, 2014

$199

Price at WalMart for a 40-inch Element LED TV, in a new "Cyber Monday" campaign to drive interest and online activity heading into the holiday shopping season. $199 for a 40in flat-screen TV??! I feel like buying 15 of them and selling them on the sidewalk.

In other Halloween news, so-called "Halloween strategies" could have investors re-entering the market after October 31 as consumer spending picks up in 4Q and institutional investors reevaluate weights and investments in 1Q 2015. "Halloween strategists" will typically exit positions by springtime.

Wednesday, October 29, 2014

8.1%

Earnings growth in 3Q 2014 at 500 of America's largest companies. The growth is based largely on domestic demand in the US for "everything from beers cans to trucks to heating and cooling systems," as well as "pockets abroad such as knee replacements in Europe, car parts and helicopters in China." (WSJ)

Tuesday, October 28, 2014

$224 billion vs $221 billion

Market capitalization of Facebook vs market cap of JP Morgan, following FB earnings report earlier this week. As mentioned in WSJ's Heard On The Street, "no wonder recent college graduates are flocking to Silicon Valley over Wall Street."

21.4%

Average amount US households making less than $50,000 a year spent on energy in 2012. It is thought that a $0.01 decline in energy prices puts $1 billion into the pockets of US consumers. Economists are now saying that the current US boom in shale oil and gas may taper if oil prices sink below $75 a barrel; at current levels of $80, investment is still profitable at 96% of US wells (International Energy Agency).

The oil and gas industry now accounts for 1.7% of US GDP (17T total GDP*1.7%) amounting to almost $300 billion dollars a year.

Monday, October 27, 2014

$90 billion

The expected size of the mobile payments industry by 2017, up from $12.8 billion in 2012. (Yahoo Finance)