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Under Armour Downgraded To Sell From Hold At Deutsche Bank

Under Armour Downgraded To Sell From Hold At Deutsche Bank

Deutsche Bank analyst Paul Trussell downgraded Under Armour (UAA) to Sell with an unchanged price target of $17. The performance apparel maker closed yesterday down 37c to $20.27. The analyst says a “difficult and promotional selling environment along with segmentation challenges” weaken his confidence in the company’s near-term results. Even amid weak investor sentiment, Under […]
Stock Of The Day: VRTS

Stock Of The Day: VRTS

The PowerFeed Stock of the Day is VRTS. The Chaikin Power Gauge Rating for VRTS is Very Bullish due to very strong price/volume activity, attractive financial metrics, and positive expert activity. The stock also has weak earnings performance. Get these stock ideas delivered to your email daily with Chaikin PowerFeed, your free daily market digest.
Trading Strategy: The Stochastic High-Low

Trading Strategy: The Stochastic High-Low

The Stochastic High-Low is one of the simplest strategies beginners can employ with great success. In this article, we’ll explain how this strategy works and how you can profit from it. What is the Stochastic Indicator Trading Strategy? As a measure of momentum, the Stochastic Indicator compares the closing price of a currency pair to the range […]
Michael Kors Buys Jimmy Choo For $1.2 Billion

Michael Kors Buys Jimmy Choo For $1.2 Billion

Michael Kors (KORS) announced it has agreed to acquire iconic shoemaker Jimmy Choo for £896 million ($1.17 billion), as the US company seeks to offset slower growth in its core handbag business. As part of the recommended all cash acquisition the entire issued and to be issued ordinary share capital of Jimmy Choo will be […]
EUR/USD: Downwards Correction Incomplete

EUR/USD: Downwards Correction Incomplete

Previous: Trading on the euro closed down on Monday. The US dollar rose slightly against the dollar in the wake of a partial closing of long positions. The euro/dollar rate has fallen to the 45th degree at 1.1626 and stabilised beneath the LB balance line. Price fluctuations are fairly restrained given that trader attention is fixed […]
Summer Markets Ahead Of FOMC

Summer Markets Ahead Of FOMC

The global capital markets are subdued today; a dearth of fresh news and tomorrow’s FOMC meeting are making for light activity and limited price movement. The US dollar is little changed against most of the major currencies. The net change on the day through most of the European morning is +/- 0.15%. The exception is the Norwegian krone and Swedish krona, […]
WTI Crude Oil And Natural Gas Forecast – Tuesday, July 25

WTI Crude Oil And Natural Gas Forecast – Tuesday, July 25

WTI Crude Oil The WTI Crude Oil market rallied during the day on Monday, showing signs of resiliency again after the Saudi Arabian ministers suggested that they are willing to cut production even further. However, I see a significant amount of resistance at the $47 level, and therefore I think that it’s difficult that the […]
USD/CNH Is Facing 6.7210 Support

USD/CNH Is Facing 6.7210 Support

The USD/CNH pair failed to settle above 6.8450 resistance and pulled back to 6.7400 area, facing the previous low support at 6.7210. As mentioned before, the pullback would possibly be correction of the uptrend from 6.7210. On the downside The pair stays below a descending trend line on its 4-hour chart, with resistance at around […]
“Shrinkflation” – How Food Companies Implement Massive Price Hikes Without You Ever Noticing

“Shrinkflation” – How Food Companies Implement Massive Price Hikes Without You Ever Noticing

Do you ever get the sense that your favorite steak at that Quick Service Restaurant of your choice keeps getting thinner and thinner all while your check size at the end of the night continues getting larger and large? Well, it is. How else are publicly traded chains going to continue to deliver margin growth […]
From Eurodoom To Euroboom

From Eurodoom To Euroboom

A couple of interesting data points on Europe have surfaced over the past couple of weeks which are worth highlighting. The first is the “Europhoria” exhibited in the economic sentiment readings. Across a range of economic sentiment indicators, the Eurozone economy is looking the best its been in years. Of course you need to see […]