Archives by Month:

Archives by Year:

Treasuries ‘Cheapest’ In 6 Months As Bund Yields Tumble On Dovish Draghi Taper

Treasuries ‘Cheapest’ In 6 Months As Bund Yields Tumble On Dovish Draghi Taper

Draghi’s dovish taper has sent Bund yields down over 5bps (admittedly to 3 day lows) – the biggest daily drop in 3 months… And EUR/USD is at 3-week lows… And as Bund yields tumble, Treasuries are less exuberant… Pushing the TSY-Bund yield spreads to 200bps for the first time since April… Might be a painful squeeze […]
AB InBev Earnings Miss Again In Q3, Ups Synergy View

AB InBev Earnings Miss Again In Q3, Ups Synergy View

World’s largest brewer Anheuser-Busch InBev SA/NV’s (BUD – Free Report), alias AB InBev, dismal earnings trend persisted in third-quarter 2017 as the bottom line lagged estimates for the seventh straight quarter. Moreover, revenues missed estimate for the second consecutive quarter. Despite the dismal surprise history, AB InBev’s stock has improved 15.3% year to date. However, it has lagged […]
EUR/GBP: Vulnerable, Eyes Move Towards The 0.8855 Zone

EUR/GBP: Vulnerable, Eyes Move Towards The 0.8855 Zone

EUR/GBP- The cross remains biased to the downside and looks to extend that weakness with eyes on the 0.8855 level. Support lies at the 0.8850 level where a violation will turn focus to the 0.8800 level. A break will expose the 0.8750 level. Its daily RSI is bearish and pointing lower suggesting further decline. Resistance […]
EUR/USD Revisits Support After ECB Reduces, Extends QE

EUR/USD Revisits Support After ECB Reduces, Extends QE

This morning’s ECB rate decision was without significant fanfare. This comes despite the excitement that was seemingly building throughout much of the year as market participants prepared to finally hear how the European Central Bank might move away from their gargantuan stimulus program. As growth and inflation have begun to show with more stability throughout the […]
Saudi Prince Greenlights Aramco IPO

Saudi Prince Greenlights Aramco IPO

The Saudi Arabian oil industry was in the spotlight on Thursday for more than its hard line on production cuts, as the country’s Crown Prince Mohammad bin Salman told Reuters that the country’s national oil giant is on target for an initial public offering sometime next year. The company could be valued at over $2 […]
Stocks To Trade: MYL, HFC, MRO

Stocks To Trade: MYL, HFC, MRO

Take a look at three trading ideas to prep you for the next trading session. Long Mylan (MYL)   Long HollyFrontier (HFC) Short Marathon Oil (MRO)
Yes, I’ll Have The ‘Taper’ But Is It Possible To Ask The Chef To Leave Off The ‘Tantrum’?

Yes, I’ll Have The ‘Taper’ But Is It Possible To Ask The Chef To Leave Off The ‘Tantrum’?

Barring some kind of truly epic screw up at the presser, it does indeed appear that Mario Draghi managed to thread the proverbial needle. The ECB will pare asset purchases starting in January and the “well past” language in the forward guidance on rates effectively means a hike is off the table until 2019, if you go […]
ECB Leaves Rate Unchanged At Zero Percent

ECB Leaves Rate Unchanged At Zero Percent

The European Central Bank on Thursday left interest rates unchanged at 0.00 percent record low. According to the Governing Council, key interest rates are expected to remain at current levels for an extended period and well past the horizon of the net asset purchases. However, the apex bank announced it would cut down on its […]
Ford Motor Company Q3 2017 Earnings Boost Stock

Ford Motor Company Q3 2017 Earnings Boost Stock

Ford Motor Company (NYSE:F) Q3 2017 earnings were released before opening bell this morning. The automaker reported adjusted earnings of 43 cents per share on $36.5 billion in sales. Analysts had been expecting earnings of 33 cents per share on $32.9 billion in revenue. In last year’s third quarter, Ford reported $35.9 billion in sales […]
Recent Trends In Prices For U.S. New Home Sales

Recent Trends In Prices For U.S. New Home Sales

There have been three main trends in median new home sale prices since July 2012. The following chart updates where we are through September 2017. For the most recent trend, which began two years ago in September 2015, the trailing twelve month average of median new home sale prices in the U.S. has been escalating […]