2017 - Page 957 of 1198 -

Raymond James Downgrades Amazon With Shares Up 21% This Year

Apr 25, 2017 Jeremy Parkinson Finance 0

Raymond James analyst Aaron Kessler downgraded Amazon.com to Market Perform from Outperform and removed his previous $925 price target. The shares are fairly valued after rallying 21% this year and 44% over the last 12 months, Kessler tells investors in a research note. The analyst expects Amazon’s investment levels to remain elevated in the near-term […]

French Elections: Macron Leads 61% In Latest Poll – Unchanged

Apr 25, 2017 Jeremy Parkinson Finance 0

No changes in the latest OpinionWay poll. En Marche candidate Emmanuel Macron leads Front Nationale Marine Le Pen with 61% against 39%. EUR/USD remains on high ground. It isn’t over until it is fully over. The first round is behind us and the countdown to the second round continues. EUR/USD is not only holding its ground […]

Technically Speaking: Return Of The Bull…For Now

Apr 25, 2017 Jeremy Parkinson Finance 0

“Technically Speaking” is a regular Tuesday commentary updating current market trends and highlighting shorter-term investment strategies, risks, and potential opportunities. Please send any comments or questions directly to me via Email, Facebook or Twitter. Last week, I asked a simple question: “Was Monday’s rally an oversold bounce or the return of the “bull market?” As I stated then, the short-term oversold condition of the […]

US Q1 GDP Estimates Run The Gamut Ahead Of Friday’s Report

Apr 25, 2017 Jeremy Parkinson Finance 0

The probability that a recession has started is virtually nil at the moment, but it’s debatable if low macro risk will deliver robust growth in the preliminary estimate of first-quarter US GDP release that’s due on Friday. Projections are wide ranging for what the Bureau of Economic Analysis will report at the end of the week. On […]

Narrowing U.S. Consumer Confidence To Fuel EUR/USD Breakout

Apr 25, 2017 Jeremy Parkinson Finance 0

– U.S. Consumer Confidence Survey to Narrow From Highest Reading Since 2001. – 12-Month Inflation Expectations Have Softened for Last Two Consecutive Months. Trading the News: U.S. Consumer Confidence A downtick in the Conference Board’s U.S. Consumer Confidence survey may drag on the greenback as it casts a weakened outlook for growth and inflation, but the figure may […]

Markets Finish Strong; Nifty Closes At All Time High

Apr 25, 2017 Jeremy Parkinson Finance 0

Indian share markets continued to witness buying momentum in the afternoon session fueled by a rally in Reliance Industries and other blue chips on upbeat earnings. The sentiments also remained upbeat on strong global cues after centrist candidate and market favorite Emmanuel Macron won the first round of the French presidential election. At the closing bell, […]

World Stocks Hit All Time High, S&P Futures Rise To Within 1% Of Record

Apr 25, 2017 Jeremy Parkinson Finance 0

After yesterday’s violent gap up in stocks across the globe in response to the “expected” outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks in Europe, Asia all rising while S&P futures point to a higher open. Yen, gold decline, while the euro traded as […]

Euro Consolidates Gains, Bond Market Sell-Off Continues

Apr 25, 2017 Jeremy Parkinson Finance 0

The US dollar is again at the fulcrum of the foreign exchange market. The dollar-bloc currencies are under pressure, along with the Japanese yen, while the European complex is posting modest gains. The euro is consolidating in the half cent below $1.09. Yesterday’s marked up in early Asia saw the euro complete the 61.8% retracement […]

Dollar Continues To Fall, While Stocks Continue Rising

Apr 25, 2017 Jeremy Parkinson Finance 0

The very strong relief rally following the French elections caused stock markets globally to climb upwards. The election outcome was in line with polls, with pro European Candidate Macron probably gaining the Presidency with a 60% chance on May 7th. With political uncertainty related to the French presidential election cleared (for now at least), focus […]

Europe Is A Buy, Says Morgan Stanly Analyst Who Made The Prediction In March

Apr 25, 2017 Jeremy Parkinson Finance 0

With the first round of the French election in the rearview mirror, there are clear winners and losers. With Emmanuel Macron and Marine Le Pen facing the chosen two to face off in a May 7 election, Morgan Stanley says the outcome will be benign: markets will win.It will be interesting to see if Horseman Capital […]