January 2018 - Page 31 of 192 -

Week In Review: Central Banks And Davos Dominate

Jan 26, 2018 Jeremy Parkinson Finance 0

This week, the focus among the financial community was on the United States corporate earnings, Monetary Policy decisions from Japan and ECB, and the ongoing meeting in Davos, Switzerland. Corporate Earnings This week, we received major earnings from top companies like Caterpillar, 3M, Starbucks, AbbVie, Haliburton, and Netflix. Among the top movers were Netflix, which […]

E Moving Averages In Extended Market Climates Part Two – The Countdown Clock

Jan 26, 2018 Jeremy Parkinson Finance 0

In Part one I talked a lot about Moving Averages in extended market climates such as the one we are currently in. Hence: There comes a time where markets get extended away from the 50-day average. That’s where shorter-term moving averages come into play. Keep in mind when dealing with the 10 and 20-day averages they are what I […]

Will Intel Follow Microsoft?

Jan 26, 2018 Jeremy Parkinson Finance 0

Well, all that hoo-ha a couple of weeks ago about the Intel bug turned out to be meaningless, didn’t it? INTC is roaring almost 10% higher right now. What’s more astonishing to me is that Intel was more expensive 18 years ago than it is right now! It has been struggling to complete this pattern for almost […]

AbbVie (ABBV) Q4 Earnings Beat, 2018 View Raised, Shares Up

Jan 26, 2018 Jeremy Parkinson Finance 0

AbbVie Inc. ABBV reported impressive results in the fourth quarter of 2017. The company surpassed earnings and revenue estimates during the period. Importantly, it raised its earnings expectations for 2018. AbbVie’s shares have soared 90.1% in a year’s time, significantly outperforming the industry’s 26.5% rally. The biopharmaceutical company reported fourth-quarter 2017 earnings of $1.48 per share, beating the […]

Making Sense Of The Mnuchin-Trump Currency War Confusion

Jan 26, 2018 Jeremy Parkinson Finance 0

The Dollar is tumbling once again today, erasing President Trump’s rescue bid yesterday, and pushing FX volatility up to its highest in 4 months. Here’s why… Trying to make sense of the Mnuchin-Trump confusion, DB’s FX Strategist Alan Ruskin believes that what you have here is two officials who like a weak(er) USD in the short-term […]

Double-Digit Year/Year Declines In The Dollar

Jan 26, 2018 Jeremy Parkinson Finance 0

The falling dollar has become a hot topic of conversation this week as back and forth comments from Treasury Secretary Mnuchin regarding the Administration’s view on the greenback caused some confusion in markets and among investors. While the dollar has been weak to kick off 2017, it is only the continuation of the same trend we saw […]

Early Reviews Of Tax Cut Are Not Good: Capital Goods Orders Fall In December

Jan 26, 2018 Jeremy Parkinson Finance 0

The centerpiece of the Republican tax cut was a big reduction in the corporate tax rate, lowering it from 35 percent to 21 percent. While critics argued this was just a handout to shareholders, who are overwhelmingly wealthy, the counter was the tax cut would lead to a surge in growth, which would benefit everyone. […]

Intuitive Surgical (ISRG) Beats On Q4 Earnings & Revenues

Jan 26, 2018 Jeremy Parkinson Finance 0

Intuitive Surgical Inc (ISRG – Free Report) posted adjusted earnings of $2.54 per share in the fourth quarter of 2017, which beat the Zacks Consensus Estimate of $2.27 and improved 25.1% year over year. Revenues increased 17.9% year over year to $892.4 million, driven by growth in Instrument & Accessories, Services and Systems segments. Revenues also beat the […]

Carnage In Cryptocurrencies As Coincheck Withdrawal Halt, NEM Collapse Rattle Market

Jan 26, 2018 Jeremy Parkinson Finance 0

How many times have we said it? Almost everyone needs an exchange. There’s this idea out there pushed by cryptocurrency advocates that digital currencies are akin to illicit drugs. That is, you can’t stamp them out because motivated parties are always going to be able to transact with each other. The obvious problem with that […]

Bear Of The Day: Symantec

Jan 26, 2018 Jeremy Parkinson Finance 0

Some new tech trends, like artificial intelligence and autonomous driving, promise massive growth in the future. Others, like cybersecurity, are in demand right now. Nevertheless, not every cybersecurity firm has been witnessed consistent success. Today’s “Bear of the Day” is one of the struggling stocks in this industry, Symantec Corporation (SYMC – Free Report). Symantec is one of the […]