November 2017 - Page 121 of 222 -

US Dollar Bias Shifts To Neutral As New Range Is Carved Out

Nov 16, 2017 Jeremy Parkinson Finance 0

Video length: 00:07:49 The US Dollar’s sharp rebound yesterday seemingly out of nowhere – the October US Advance Retail Sales and CPI reports were rather uninspiring – suggests that traders aren’t ready to throw in the towel on the greenback just yet. True, while the range between 94.29 and 95.17 was broken on Tuesday, the […]

Chevron (CVX) Looking For New All-Time Highs

Nov 16, 2017 Jeremy Parkinson Finance 0

Chevron Corporation (NYSE: CVX) is an American multinational energy corporation. It engages in integrated petroleum operations, chemicals operations, mining operations, power generation and energy services related to Oil and Natural Gas. Oil-company stocks tend to rise when oil prices goes higher, Chevron is no exception that’s why as Oil market is turning bullish after the recent break in the price […]

U.S. Jobless Claims, Philly Fed, Import Prices All Disappoint – USD Ticks Down

Nov 16, 2017 Jeremy Parkinson Finance 0

US weekly jobless claims are up to 249K, disappointing expectations. Import prices are only up by 0.2%, also short of predictions. Philly Fed Manufacturing Index completes the losing streak by falling to 18.9. The US dollar is slightly weaker on the uniform misses. The US released a load of economic indicators. The Philly Fed manufacturing index […]

Walmart Jumps 4%, Pushes Dow Futures Higher After Beating, Boosting Guidance

Nov 16, 2017 Jeremy Parkinson Finance 0

Walmart is trading 4% higher, pushed Dow futures higher, after reporting Q3 earnings that beat expectations on the top and (adjusted) bottom line – in big part due to the recent hurricanes – while boosting Q4 guidance, despite reporting a decline in profit margins. The company reported GAAP EPS of $0.58, which however management claimed […]

Wal-Mart Stores Inc. Q3 F2018 Earnings, Outlook Boost Shares

Nov 16, 2017 Jeremy Parkinson Finance 0

The Walmart (WMT) Q3 F2018 earnings results were released before opening bell this morning, and the company posted adjusted earnings of $1 per share on $123.2 billion in sales. Wall Street had been looking for earnings of 97 cents per share on $121.04 billion in revenue. In the third quarter of fiscal 2017, the big […]

Morning Call For Thursday, Nov. 16

Nov 16, 2017 Jeremy Parkinson Finance 0

OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ17 +0.34%) this morning are up +0.31%, led by a nearly 3% gain in Wal-Mart in pre-market trading after it reported better-than-expected Q3 adjusted earnings and boosted its full-year earnings outlook. European stocks are up +0.57% as global stocks regained their footing following losses earlier in the week. […]

Sensex Ends Day In Green; IT Stocks Top Gainers

Nov 16, 2017 Jeremy Parkinson Finance 0

After opening the day in green, share markets in India witnessed buying activity throughout the day and ended the day on a strong note. Gains were seen across most sectors with stocks in the IT sector and stocks in the power sector, leading the gains. At the closing bell, the BSE Sensex stood higher by 346 points (up 1.1%) and the NSE Nifty closed up […]

Distillate Dreams

Nov 16, 2017 Jeremy Parkinson Finance 0

The Energy Information Administration (EIA) reported a more supportive snapshot of petroleum supply and demand that the American Petroleum Institute (API) reported, and while the report was not as bullish as pre-API report expectations from a seasonal standpoint it was supportive. The EIA reported that total commercial petroleum stocks increased 2.75MB and while that might […]

EUR/USD And GBP/USD Forecast – Thursday, Nov. 16

Nov 16, 2017 Jeremy Parkinson Finance 0

EUR/USD The EUR/USD pair rally during the day, reaching as high as the 1.1875 region. We pull back from there, to form a shooting star for the day. That shooting star is a very negative sign, and it looks likely that we are going to pull back from there. I also believe that the 1.17 […]

Real M0 Money Supply’s Annual Trend Is Positive For Third Month

Nov 16, 2017 Jeremy Parkinson Finance 0

The Federal Reserve is widely expected to raise interest rates again at next month’s FOMC meeting. Using the futures market for Fed funds as a guide, another round of tightening is a virtual certainty. The ongoing rebound in the inflation-adjusted monetary base, however, suggests that there’s still room for debate. The Fed’s narrowest gauge of money […]