Crossing Wall Street. Im up at Harvard today. The Finance Club at the Harvard Business School was kind enough to invite me in on a panel at their annual Finance Conference. Harvard in the fall is beautiful, and the conference organizers could not have been more pleasant. My panel was on trends in M A and featured a number of top notch pros. We went an hour, and easily could have filled another. The opening speaker was Robert Steel, the CEO of Perella Weinberg. Hes had a long, distinguished career on Wall Street and in government. The were other discussions on fintech and bitcoin. I was able to meet several students and a few readers. Thanks to everyone at the Harvard Finance Club. Im always fully invested. Its a great feeling to be caught with your pants up. Peter Lynch. Wall Street has been in a slightly sour mood lately. Of course, I mean this in a relative sense. Volatility is still lowvery low, in fact. Until last week, the S P 5. So within that context, four daily drops in five days does seem to stand out. The damage was a little over 1. Wall E Game Full' title='Wall E Game Full' />Again, thats barely a speck, but it seems like more when compared to the serene market weve had since late August. This week, the S P 5. That was the longest such streak in half a century. Wall E Game Full' title='Wall E Game Full' />Thats what investing is like in 2. More good news for our Buy List this week. We had a very good earnings report from Smucker. The jelly stock jumped nearly 1. Thursday. We also had a very good earnings beat from Ross Stores. I dont know yet how the shares opened on Friday, but ROST was up more than 7 in Thursdays after hours market. Ill run through both reports in just a bit, plus Ill preview next weeks earnings report from Hormel Foods. The Spam stock has been hot lately up 9. October 3. 0. Ill also have some updates on our Buy List. But first, lets look at some recent news on the economy. Wall Street Wraps up Another Good Earnings Season. Overall, the third quarter earnings season was a good one for Wall Street. This was the 2. 3rd consecutive quarter that exceeded expectations. This earnings season was especially good for the tech sector. The Financial Times noted that four mega cap tech stocks were responsible for half of the earnings beat for Q3. The big four are Apple, Alphabet, Facebook and our very own Microsoft. The tech sector has been such a big winner 3. YTD that its more than doubled the second place sector healthcare 1. The Federal Reserve will almost certainly raise interest rates next month, but what about after that As Ive said before, Im not terribly worried about the first few rate increases, but I do think the Fed has less room to work with than they may realize. The futures market currently thinks another hike will happen by June and possibly by March. Wall E Game Full' title='Wall E Game Full' />There continues to be little to worry about on the inflation front. This week, we learned that inflation was calm last month. Dc Unlocker Setup. The CPI rose by just 0. In the last year, core inflation is running at 1. Thats still below the Feds target of 2. Bottom line I just dont see what the Fed is so worried about. The jobs market is humming and prices are steady. But heres what worries me. The spread between the two and 1. Treasuries narrowed to just 6. Snow White Platinum Edition Blu Ray. The spread hasnt been that narrow in ten years. I would expect to see the spread tighten after the rate increases. Historically, when the 21. So any trouble is off in the distance, but its there. The overall market and economy are doing fairly well. For example, this week we learned that retail sales rose 0. October. In the last year, theyre up 4. Taking out gasoline, retail sales rose by 0. Wall E Game Full' title='Wall E Game Full' />The industrial production report showed an increase of 0. October. Economists had been expecting a rise of 0. I expect a calm market for the rest of the year. This is a good time for investors to make sure theyre well diversified and that they hold high quality stocks. As always, our Buy List is a great place to start. As a whole, our Buy List has been leading the market since late summer we lagged during Q2 earnings season. Now lets turn to this weeks strong earnings reports from our Buy List. Find the latest sports news and articles on the NFL, MLB, NBA, NHL, NCAA college football, NCAA college basketball and more at ABC News. Smucker Soars 1. 0 on Strong Earnings. On Thursday morning, JM Smucker SJM released a very positive earnings report. The jelly folks beat Wall Streets consensus thanks to higher prices for several of their product lines. For their fiscal Q2, the company earned 2. We are pleased with our second quarter results, primarily driven by our pet food business and the strong performance of a number of key brands across all our businesses, said Mark Smucker, Chief Executive Officer. This included double digit sales increases for Natures Recipe dog food, Dunkin Donuts coffee, and Jifpeanut butter. We also experienced continued strong growth of our brands in e commerce, as sales in this channel doubled in the quarter for our U. S. retail segments. We are confident in the ability of our brands to win in the rapidly changing retail environment. In addition, we remain focused on achieving sustainable cost reductions that both support the bottom line and fuel investments in future growth. SJMs coffee business is still struggling, but thats not news. They raised coffee prices earlier this year, and that blew up in their face. What is new is the way the other divisions have picked up the slack. Smuckers net income rose 1. I was pleased to see operating margins come in at 1. This is a welcome earnings report because Smucker had been in a jam Heh. The Associated Press delivers indepth coverage on todays Big Story including top stories, international, politics, lifestyle, business, entertainment, and more. They bombed their last earnings report, missing consensus by ten cents per share. This time, Smucker lowered the upper end of their full year guidance by five cents per share. The company now expects full year earnings of 7. Smucker said that reflects higher anticipated freight cost for the rest of the fiscal year. In Thursday trading, shares of SJM jumped 9. The stock is still trying to make up for a lot of lost ground. Going on a simple valuation basis, the stock is trading for about 1. JM Smucker remains a buy up to 1. Ross Stores Earns 7. Cents per Share. After the close on Thursday, Ross Stores ROST reported Q3 earnings of 7. Previously, they gave us a range of 6. Ross made 6. 2 cents per share for Q3 last year. Wall E Game Full' title='Wall E Game Full' />Looking at the numbers, this was a solid quarter for Ross. Net sales rose 8 to 3. Comparable store sales rose 4. Thats a key metric for retailers. Operating margins were 1. Thats good for a retailer, especially for a deep discounter. Barbara Rentler, Chief Executive Officer, commented, Our third quarter sales and earnings outperformed our expectations despite being up against our toughest prior year comparisons and two major hurricanes during the quarter. We are pleased with these strong results, which reflect our continued market share gains in a challenging retail environment. Operating margin of 1. Now for guidance. A small note. Like other retailers, Ross uses 1. That means, every so often, theyll have a 1. Game between the New York Knicks and the Washington Wizards played on Fri October 6th 2017. The Wizards beat the Knicks 104 to 100. John Wall led the scoring with 19. Original Article. Immediate versus Delayed Fluid Resuscitation for Hypotensive Patients with Penetrating Torso Injuries. William H. Bickell, Matthew J. Wall, Jr. After months and months of rumors, speculation, and flat out waiting, we finally know who is taking on the TARDIS as the thirteenth Doctor in season 11. Ladies and. TV Series Game of Thrones season 7 Download at High Speed Full Show episodes get FREE in. HD 720p. Q4 happens to be a 1. For fiscal Q4, which ends on February 3, Ross expects earnings of 8. Thats up from 7. Q4, which was a 1. Ross estimates that the extra week for this quarter adds about eight cents per share. So even adjusting for that, Ross is growing nicely. Adding it all up, Ross expects to make between 3. This was an excellent quarter for Ross. These numbers are especially good to see because ROST has had a tough time this year. From its December 2. July 2. 01. 7 trough, shares of ROST lost 2. Folks are just scared of anything in retail not named Amazon.