February 2018 - Page 3 of 24 -

Salesforce.com, Inc. Earnings Beat Estimates, Guidance Raised

Feb 28, 2018 Jeremy Parkinson Finance 0

Salesforce.com, Inc. (NYSE:CRM) released its Q4 F2018 earnings results after closing bell tonight. On a non-GAAP basis, Salesforce earnings per share amounted to 35 cents, which beat the consensus by a penny. Revenue grew 24% year over year to $2.85 billion, just edging out the consensus at $2.81 billion. Management had guided for Salesforce earnings to come […]

Spotify Files For IPO, Seeks To List On NYSE Under Ticker ‘SPOT’

Feb 28, 2018 Jeremy Parkinson Finance 0

Spotify filed for an initial public offering and intends to apply to list its ordinary shares on the NYSE under the symbol “SPOT.” The filing states: “Unlike an initial public offering, the resale by the Registered Shareholders is not being underwritten by any investment bank. The Registered Shareholders may, or may not, elect to sell […]

Why U.S. GDP Hasn’t Really Increased Since 2000

Feb 28, 2018 Jeremy Parkinson Finance 0

While official sources forecast U.S. Gross Domestic Product (GDP) to surpass $20 trillion this year, the real figure is probably much less. So how much less is real U.S. GDP? Well, that depends on how it is measured.If we factor in energy consumption and the increase in total public debt, U.S. GDP is likely less […]

Hot Option Report For End Of Day – Wednesday, Feb. 28

Feb 28, 2018 Jeremy Parkinson Finance 0

Top tickers for end of day: FL, AIG, AAPL, LB, GE, BAC.

Where Next For The EUR/USD Ahead Of Italian Elections?

Feb 28, 2018 Jeremy Parkinson Finance 0

For longer term euro dollar traders and watchers, the daily chart on the MT5 platform for the EUR/USD is now at a key point, with several strong signals flashing warnings as we approach the Italian elections this weekend, and with still no resolution to the government of Germany. Of course it is normally Italy and […]

Xencor – Chart Of The Day

Feb 28, 2018 Jeremy Parkinson Finance 0

Something is going on with Xencor (XNCR)? The chart of the day belongs to Xencor (XNCR). I found the biopharmaceutical stock by using Barchart to sort today’s New 52 Week High list first for the highest technical buy signals, then I used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 2/14 […]

Cautious On Bitcoin, Bullish On Blockchain?

Feb 28, 2018 Jeremy Parkinson Finance 0

Cryptocurrencies are all the rage. Their prices rallied significantly in 2017, bringing the total market capitalization to nearly $500 billion. But we don’t see them becoming part of mainstream investment portfolios soon. Crypto markets are highly volatile, fragmented, largely unregulated, and come with unique liquidity and operational risks. Cryptocurrencies have had wild price swings. […]

Latest Richmond Fed Non-Employment Index Shows US GDP At Or Close To Potential

Feb 28, 2018 Jeremy Parkinson Finance 0

The Richmond Fed has released the latest reading of its Hornstein-Kudlyak-Lange Non-Employment Index (NEI). At 7.93 percent, the NEI has now fallen below its pre-recession minimum of 7.99 percent, reached in March, 2007, and it is fast approaching the value of 7.70 percent reached in October 2000, just before the 2001 recession. Data for the NEI are […]

GBPJPY To 146?

Feb 28, 2018 Jeremy Parkinson Finance 0

Sterling was the day’s worst performer, losing nearly 1% of its value against the U.S. dollar. Brexit negotiations have taken a turn for the worse and could quickly turn into a political crisis for Prime Minister May. The EU released a draft of its Brexit agreement and in it they proposed a “common regulatory […]