2019年11月1日星期五

Today's New Buy Pick - Adesto Technologies Corporation (IOTS)

The October Jobs Report Just Delivered A Big Surprise

The major indexes rallied in response to news that the  U.S. job market was stronger than expected in October. Non-farm payrolls  came in at 128,000 last month, while investors had expected around  85,000. "The October jobs report was very strong," said PNC chief  economist Gus Faucher. "Job growth slowed a bit because of the GM  strike, but with the strike over it should bounce back in November...

The earnings season continued with oil giants Exxon and Chevron  reporting this morning. Chevron reported a greater-than-expected -36%  drop in Q3 earnings as lower oil and natural gas prices offset an  increase in production. Exxon's results were slightly better than what  Wall Street was expecting at a -49% decline in Q3 earnings. Qorvo shares are  ...


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What History Says Happens After The Fed Cuts Interest Rates 3 Times & Then Pauses
 
The third strike seemed to be just what the market needed Wednesday. After the Federal Reserve decided to cut interest rates for the third  time this year, the stock market soared, with the S&P 500 even  jumping to a new all-time high just two days after it reached its  previous record.

But it was Fed Chairman Jerome Powell's comments after the decision that were the interesting part. There were some on Wall Street who were already anticipating  another quarter-point cut at the central bank's December meeting, but  Powell hinted that the market shouldn't expect another rate cut in the  near term when he said  that the committee believes "monetary policy is in a good place now.  There's plenty of risk left, but I'd have to say that the risks seem to  have subsided."

 

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Featured Stock

Adesto Technologies Corporation provides application-specific   semiconductors and embedded systems that comprise essential building   blocks of Internet of Things (IoT) edge devices operating on networks   worldwide. Its portfolio of semiconductor and embedded technologies are   optimized for connected IoT devices and systems used in industrial,   consumer, communications, and medical applications.

Its offerings enable   customers to differentiate their IoT systems and product designs. The   company's technology is used in various connected products, such as   smart utility meters, wearable fitness trackers and medical monitors,   home automation, building control systems, fleet management systems, and   satellite communications applications.  
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The Global economy slipped to it's slowest growth since 2008...Consequences of a U.S. trade war with China, rising costs of corporate America, and the 2020 election instability create the perfect recipe for a market MASSACRE to STRIKE by end of 2019. Fears rise as recent market trends undeniably parallel the 2008 Financial Crisis.

 
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