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‘It’s A Coiled Spring!’: Trader Sees ‘Immediate Rally’ In ‘Beleaguered’ Dollar

‘It’s A Coiled Spring!’: Trader Sees ‘Immediate Rally’ In ‘Beleaguered’ Dollar

You need to understand something this morning. Namely that former trader and self-described “permabull” Mark Cudmore is calling for “an immediate rally” in the dollar. As you’re probably aware, the dollar is a lot like Jeff Sessions – “beleaguered.” And what’s funny is, both the dollar and Sessions are “beleaguered” for the same fucking reason: […]
Why You Can’t Afford To Miss European Small Caps

Why You Can’t Afford To Miss European Small Caps

After getting past a variety of elections—most notably the French presidential election—without anti-market sentiment spreading throughout Europe, we have seen a relatively large shift in equity market performance. Fundamentals within Europe were allowed to drive performance as opposed to equity markets needing to be wary of Brexit or Trump-like election surprises. Europe’s fundamentals and, particularly, rebounding earnings have been […]
The Coca-Cola Co. 2Q 2017, Hershey Co. 2Q 2017 Earnings Reported

The Coca-Cola Co. 2Q 2017, Hershey Co. 2Q 2017 Earnings Reported

Coca-Cola 2Q 2017 earnings and Hershey 2Q 2017 earnings were released before opening bell this morning. Coca-Cola reported non-GAAP earnings of 59 cents per share on $9.7 billion in net revenue, compared to the consensus estimates of 57 cents per share and $9.65 billion in sales. In last year’s second quarter, the soda maker reported […]
Aussie CPI Falls, But Broader Picture Keeps RBA Projections Intact

Aussie CPI Falls, But Broader Picture Keeps RBA Projections Intact

CPI Falls Back over 2Q Australian CPI came in below expected over the 2Q printing 1.9% year over year, well beneath the 2.2% level forecast. Despite the decline underlying measures of inflation, which the RBA focus on, were in line with expectations at 0.5% quarter over quarter. However, annual underlying inflation remains below the bank’s […]
Give Me Those Old Time Fundamentals

Give Me Those Old Time Fundamentals

Oil prices had its biggest up move of the year, rising 3.3% on lower supply and higher demand. I don’t mean to be so fundamental about the fundamentals, but in truth, that’s why we soared! Oil prices surged even before the American Petroleum Report (API) reported another massive crude oil crude withdrawal. The 10.23-million-barrel draw, […]
Testing Equity Factor Allocation Strategies With Random Portfolios

Testing Equity Factor Allocation Strategies With Random Portfolios

Designing and managing asset allocation strategies based on factors is promoted in some corners as a better way to build portfolios. Not surprisingly, there’s no shortage of studies that support this view. But the jury’s still out on whether it’s prudent to throw out the standard asset-class buckets. Factor-based investing can play a productive role […]
Blue Chip Stocks In Focus: Phillips 66

Blue Chip Stocks In Focus: Phillips 66

Investors looking for stable dividends should first look at blue-chip stocks. When we use the term ‘blue chip’, we are referring to stocks with 100+ years of dividend payments to shareholders, and at least a 3% current dividend yield. Stocks that have both of these qualities have an ideal mix of dividend history, and high […]
Glaxo (GSK) Beats Q2 Earnings, Misses Sales

Glaxo (GSK) Beats Q2 Earnings, Misses Sales

GlaxoSmithKline plc (GSK – Free Report) , one of the largest health care companies, reshaped its business following the Mar 2015 completion of the three-part, inter-conditional transaction with Novartis related to its Consumer Healthcare, Vaccines and Oncology businesses. Under the deal, Glaxo sold its oncology assets to Novartis and acquired Novartis’ Vaccines business (excluding influenza vaccines). […]
Dollar Bounces Ahead Of Fed

Dollar Bounces Ahead Of Fed

The US Dollar continued to edge cautiously higher as investors look to the upcoming monetary policy decision from the US Federal Reserve Bank. Given the current state and the outlook for inflationary trends in the US, expectations are generally lower that the Fed will not make any policy adjustment when they announce the outcome of the […]
Australian Consumer Price Index Drops Beyond Expectations

Australian Consumer Price Index Drops Beyond Expectations

The annual inflation rate in Australia slowed down unexpectedly during the 2nd quarter, an indication that the pressure on the cost was decreasing after a sharp shrinkage at the beginning of the year. The Consumer Price Index registered an annual increase of 1.9% in the 2nd quarter, after a 2.1% increase in the previous quarter, […]