November 2017 - Page 214 of 222 -

It Is Not Just About Saudi Arabia

Nov 08, 2017 Jeremy Parkinson Finance 0

There is a temptation to attribute the recent rise in oil prices to just the uncertainty of the political purge that we have seen in Saudi Arabia, but you might be missing the larger point. There is a reason why we have seen oil prices hit a 2 and a half year high and a […]

The Dollar Index Kept The Current Levels

Nov 08, 2017 Jeremy Parkinson Finance 0

During yesterday’s trading, the major currency pairs showed a variety of trends. The dollar index (#DX) closed the trading session with a slight increase (+0.16%). This week, the publication of important economic reports from the US is not planned. We recommend you to monitor the government bonds yield and up-to-date information on the tax reform […]

Three Easy Pieces

Nov 08, 2017 Jeremy Parkinson Finance 0

If someone told you that the President of the United States in 2028 would be a Democrat and a woman from the state of New York, could you guess who it might be? We highly doubt it. In 1998, ten years before being elected president, Barack Obama had just been re-elected to the […]

Mallinckrodt Downgraded To Market Perform From Outperform At Wells Fargo

Nov 08, 2017 Jeremy Parkinson Finance 0

Fargo analyst David Maris downgraded Mallinckrodt to Market Perform and cut his price target for the shares to $22 from $60. While the magnitude of the Q3 revenue miss does not warrant the 35% decline in shares yesterday, expectations are shifting from Acthar being a longer-term growth product to one facing longer-term declines, Maris tells […]

5 Top Stocks On Global Breakout Watch

Nov 08, 2017 Jeremy Parkinson Finance 0

Oppenheimer has just released a highly-prized list of 20 ‘buy’ and ‘sell’ global stocks that are currently on breakout watch. Interestingly, the list highlights both bullish stocks as well as bearish stocks. This means we can see which stocks are outperforming, and which stocks are underperforming, their respective sectors. Overall, however, the November 4 report […]

Snapchat Soars, Reversing Earlier Crash, After Tencent Buys 10% Stake

Nov 08, 2017 Jeremy Parkinson Finance 0

Just as an avalanche of SNAP sellside downgrades was unleashed by Wall Street analysts (JPM and UBS both downgraded to Sell with $15 and $7 price targets, respectively), the proverbial Hail Mary emerged early on Wednesday morning, when hours after reporting atrocious earnings which sent its stock crashing, in its just released 10-Q, Snapchat reported that Tencent, […]

Sensex Closes On A Weak Note; Ashok Leyland Down 2.3% On Missing Street Estimates

Nov 08, 2017 Jeremy Parkinson Finance 0

Indian share markets witnessed selling pressure in the afternoon session and finished in red for second consecutive session. At the closing bell, the BSE Sensex closed lower by 152 points and the NSE Nifty finished down by 47 points. The S&P BSE Mid Cap finished down by 0.8% while S&P BSE Small Cap finished down by 0.5%. Losses were largely seen in metal stocks, energy stocks and PSU […]

AUD/USD Bounces, But It Is Forming Lower Highs

Nov 08, 2017 Jeremy Parkinson Finance 0

The Australian dollar lost its high range in late October and seems to have stabilized at a new range. Support is found at 0.7625 and resistance is at 0.7730. Any drop to the downside was followed by a rise to the upside in recent days. This is the case today as well. After falling to […]

What To Expect From Disney’s Q4 Earnings Report

Nov 08, 2017 Jeremy Parkinson Finance 0

The third-quarter earnings report season is finally wrapping up, and throughout nearly every corner of the market, investors are celebrating strong results. However, there are still a few bellwether reports on the horizon, including that of the Walt Disney Company (DIS – Free Report). Once regarded as Wall Street’s most reliable buy-and-hold stock, Disney has struggled recently. […]

Bank Stocks, Dollar Slide Hit By Fresh Tax Reform Doubts

Nov 08, 2017 Jeremy Parkinson Finance 0

U.S. equity futures are little changed as European and Asian shares retreated, led by sliding bank stocks and a drop in the dollar as doubts over republican tax cuts and ongoing bond curve flattening hurt sentiment and prompted fresh questions over the viability of the US expansion. Investor concerns also returned to geopolitics as Trump […]