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Domino’s Rockets on Financial Numbers

Domino's Pizza, Inc. (NYSE:DPZ) shares hit the roof after the pizza delivery giant reported fourth-quarter and full-year results. The Ann Arbor, Michigan-based Domino’s, the largest pizza company in the world based on global retail sales, announced global retail sales increased 6.9% in the fourth quarter, or 7.6% excluding foreign currency impact. Global retail sales increased 5.7% in fiscal 2019, or 8.0% excluding foreign currency impact. U.S. same store sales grew 3.4% during the quarter and 3.2% for the full year, continuing the positive sales...

Lawler: Early Read on Existing Home Sales in January

From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.42 million in January, down 2.2% from December’s preliminary pace (which looks too high) and up 9.9% from last January’s seasonally adjusted pace.On the inventory front, local realtor/MLS data, as well as data from other inventory trackers, suggest that the inventory of existing homes for... -Calculated Risk


With a title like that and the Corona virus killing heads of major hospitals in Wuhan, what’s really going on as begin 2020? I saw a lady this morning on CNBC, with a straight face, say that $TSLA is going to $7,000. I saw traders/investors gobbling up AAPL after the company announced guidance will be cut due to the virus. What world are we living in? I’ll tell you, a world with fake meat (see post). It really must be end of times. Bitcoin is back above 10,000 and the gold miners all look ready to break the hell out, check out a few charts below: ... -Momentum Trading with RaginCajun

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