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Ford Motor Company Beats On Sales, Blackstone Group LP Tops Earnings Estimates

Ford Motor Company Beats On Sales, Blackstone Group LP Tops Earnings Estimates

Ford (F) and Blackstone (BX) released their latest earnings reports before opening bell this morning. Ford posted adjusted earnings of 30 cents per share on $38.7 billion in sales. Analysts had been expecting 31 cents per share and $34.99 billion in revenue. Blackstone reported profits economic net income of 68 cents per share or $1.6 […]
Dow 20,000 Is Here: What Professional Investors Say Comes Next

Dow 20,000 Is Here: What Professional Investors Say Comes Next

After over a month of foreplay, Dow 20,000 is in the rearview mirror. And yet in retrospect, it didn’t take long. Deutsche Bank’s Jim Reid looks at how Dow numbers were first achieved and how long it took between each 1000 increment. Firstly the Dow only hit 1000 for the first time in January 1987. […]
EUR/USD Slips Below Support As The USD Reasserts Itself

EUR/USD Slips Below Support As The USD Reasserts Itself

The US dollar is making a comeback after the Trump Slump or Trump Dump. Fresh optimism about deregulation? Rising stocks? In any case, the US dollar is on the rise. US jobless claims were expected to rise back to 247K but actually jumped to 259K, worse than expected. Will this hurt the momentum of the greenback? The indicator […]
January 2017 Initial Unemployment Claims Rolling Average Continues To Improve

January 2017 Initial Unemployment Claims Rolling Average Continues To Improve

The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 244 K to 250 K (consensus 247,000), and the Department of Labor reported 259,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 247,500 […]
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                        Daily Markets Forecast Outlook – Thursday, Jan. 26

E Daily Markets Forecast Outlook – Thursday, Jan. 26

Thursday Market Commentary – January 26, 2017 Stocks Hold to Buy Near Term – The major market indexes all gapped higher yesterday with the Dow has now hitting new highs and forecasted still slightly higher near-term but watch out for a correction anytime now on all the indexes that would be similar to the correction that […]
4 Breakout Stocks For Incredible Returns

4 Breakout Stocks For Incredible Returns

Identifying breakout stocks is probably one of the elementary techniques utilized by active investors. The reasoning behind this approach to stock selection is to identify which stocks are trading within a narrow band. These stocks are to be bought as soon as they move above this band and are sold when they fall below. In […]
Ups And Downs

Ups And Downs

Inventories up and inventories down. Oil prices are conflicted about rising U.S. oil inventories versus a dramatic drop in global oil inventories. While the Energy Information Administration (EIA) reported a 2.8 million barrel increase, a report by Bernstein Energy is showing that global oil inventories have fallen by 24 million barrels to 5.7 billion barrels […]
We Called This Flashing Danger Signal Back In October – Here’s What’s Next

We Called This Flashing Danger Signal Back In October – Here’s What’s Next

While all eyes are on interest rates in the Treasury market, an even more important global interest rate recently breached a key level for the first time since the financial crisis: the London Interbank Offered Rate (LIBOR). On December 29, 2016 LIBOR hit 1% for the first time in seven-and-a-half years.   I wrote back […]
WTI Crude Oil And Natural Gas Forecast – Thursday, Jan. 26

WTI Crude Oil And Natural Gas Forecast – Thursday, Jan. 26

WTI Crude Oil The WTI Crude Oil market initially tried to rally during the session on Wednesday, but turned around to form a less than stellar looking candle. Because of this, I believe that the market is going to continue to consolidate overall. The $51 level below is massively supportive, and it extends all the […]