Archives by Month:

Archives by Year:

Tencent Holdings: Is This Technology Star Still A Buy In 2018?

Tencent Holdings: Is This Technology Star Still A Buy In 2018?

Admittedly, the way we phrased the title of this article is telling. Tencent Holdings is a super star for 13 years in a row when it comes to its stock price. After so many years of continuous rises this stock looks tired, at least for the short into the medium term, not necessarily the long […]
Canadian Dollar: Syria Is A Double-edged Sword

Canadian Dollar: Syria Is A Double-edged Sword

The US, the UK, and France launched airstrikes against Syria, attempting to destroy chemical weapons that the Assad regime previously used against its citizens. Russian President Putin and Iran have condemned the attack and warned of the consequences. Trump called it a “sustained response” while UK Theresa May said it was limited. Tensions around Syria […]
EC
                        
                        Why Is The Market Unimpressed With Bank Earnings?

EC Why Is The Market Unimpressed With Bank Earnings?

The market appears to be painting JPMorgan (JPM) with the same brush as Wells Fargo (WFC) and Citigroup (C) after their quarterly releases, but the fact is that JPMorgan’s report represented all around strength and offers useful read-throughs for what to expect from pure-play investment banks, trust banks and regional operators in the coming days.   It isn’t hard to appreciate […]
Week In Review: Ping An Good Doctor Plans $1 Billion Hong Kong IPO In Mid-May

Week In Review: Ping An Good Doctor Plans $1 Billion Hong Kong IPO In Mid-May

Ping An Insurance (Group) plans to carve out its Ping An Healthcare and Technology (also known as Ping An Good Doctor APP) and IPO in Hong Kong for $1 billion at a valuation of $5 billion (see story). The company plans to go public in the middle of May. In May 2016, Ping An Healthcare and […]
Dollar Has Legs Or At Least One

Dollar Has Legs Or At Least One

Even though the conflict in Syria can rapidly escalate, investors were feeling more comfortable with risk over the last few days. The US trade rhetoric was toned down several decibels, and this helped.US President Trump saw signs of concessions from China’s President Xi speech. Trump suggested that negotiations were underway and that an outcome in which […]
US Major Indices: Just The Bare Facts

US Major Indices: Just The Bare Facts

Last night’s joint US/British/French military operation in Syria is over and no amount of arguments for/against it will change that fact. Prior to that and as of Friday’s close, the US Major Indices were still mired inside their respective consolidation zones near their 50-day MA, as shown on the following 1-year and 2-month daily charts.   So how will markets react? […]
IBM: ETFs To Watch Ahead Of Q1 Earnings

IBM: ETFs To Watch Ahead Of Q1 Earnings

International Business Machines (IBM – Free Report) is scheduled to report first-quarter 2018 results on Apr 17 after market close. Being the world’s largest computer-services provider, it is worth taking a look at its fundamentals ahead of results. IBM has gained 3.1% so far this year but slightly lagged the industry’s average growth of 3.5%. The upside […]
There Aren’t Two Labor Markets

There Aren’t Two Labor Markets

Allusions to a labor shortage continue to be ubiquitous. Two weeks ago, the Wall Street Journal published yet another such story under the headline Iowa’s Employment Problem: Too Many Jobs, Not Enough People. Ostensibly about the experiences of companies trying to hire in the one state, the implication was clear enough. If Iowa, IOWA, has a labor shortage, how bad […]
Simon’s Yield Above 5%: Safe Income Or Value Trap?

Simon’s Yield Above 5%: Safe Income Or Value Trap?

Retail REITs have significantly underperformed the rest of the market as rising interest rate fears and growing Internet competition weigh heavily on brick-and-mortar retail properties. This article reviews the current state of one retail REIT in particular, Simon Property Group (SPG), and then concludes with our views on whether it’s safe to add shares of […]