October 2018 - Page 131 of 262 -

How Long Will The Gold Safe Haven Flows Last?

Oct 16, 2018 Jeremy Parkinson Finance 0

Rather like the push-me pull-you animal from Doctor Dolittle, when one market falls another rises, and such was the relationship between gold and US equity markets over the last few days, as the panic on Wall Street and globally sent equities falling and gold surging higher on safe haven buying. Whilst this was no doubt […]

BlackRock (BLK) Tops Q3 Earnings Estimates

Oct 16, 2018 Jeremy Parkinson Finance 0

BlackRock (BLK – Free Report) came out with quarterly earnings of $7.52 per share, beating the Zacks Consensus Estimate of $6.93 per share. This compares to earnings of $5.92 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.51%. A quarter ago, it was expected that […]

Bitcoin Daily Forecast – Tuesday, Oct. 16

Oct 16, 2018 Jeremy Parkinson Finance 0

Bitcoin had an interesting session on Monday, initially spiking higher and breaking above the downtrend line that we have seen on the chart for so long. That was a very good turn of events for technical standpoint and was backed by fundamental news in the sense that Fidelity investments is putting together a platform for […]

Jeld-Wen Drops Following CFO Departure, Weak Q3 Results, FY18 Guidance Cut

Oct 16, 2018 Jeremy Parkinson Finance, No picture 0

Shares of door and window maker Jeld-Wen Holdings (JELD) dropped in pre-market trading after the company released preliminary third-quarter results that were below Street forecasts and lowered its full-year guidance. The company also announced that Chief Financial Officer Brooks Mallard is leaving on November 8, and will be replaced by Senior Vice President John Linker. […]

Going Rogue

Oct 16, 2018 Jeremy Parkinson Finance 0

Saudi Arabia is coming up with a cover story in the death of Saudi journalist Jamal Khashoggi while the fate of the global oil market hangs in the balance. After Saudi Arabia made veiled threats against the world that it might use oil as a political weapon to deflect from punishment for the murder of […]

Goldman Reports Highest YTD EPS “In History” Even As Debt Trading Disappoints

Oct 16, 2018 Jeremy Parkinson Finance 0

After Morgan Stanley beat across the board, reporting a fixed income number that bucked the trend observed by most other banks and surprised to the upside, Goldman once again failed to keep up with its increasingly more powerful competitor, and despite reporting a strong overall quarter with revenue of $8.65BN beating estimates of $8.37BN, and EPS […]

Two Canadian Dividend Stocks On Sale

Oct 16, 2018 Jeremy Parkinson Finance 0

The latest market drop did not create amazing opportunity because it only dropped five percent. However, there are companies that have decreased to double-digits for a while during this bull market. Here are two of my favorite Canadian stocks that are deeply undervalued. I am not going to tell you that the market dropped like […]

S&P Testing Strong Support, With Fear Levels High

Oct 16, 2018 Jeremy Parkinson Finance 0

This chart looks at the S&P 500 on a weekly basis over the past couple of years. Since the start of 2016, the S&P has spent the majority of the time inside rising channel (1). In January the S&P hit the top of the rising channel and selling quickly took place, taking it down to […]

Sensex Ends 297 Points Higher; Energy And Realty Stocks Witness Buying

Oct 16, 2018 Jeremy Parkinson Finance, No picture 0

Share markets in India continued their momentum during closing hours and ended the day on a positive note. Sectoral indices were trading on a positive note, with stocks in the energy sector and realty sector leading the gains. At the closing bell, the BSE Sensex stood higher by 297 points (up 0.9%) and the NSE Nifty closed up by 72 points (up 0.7%). The BSE […]

Morgan Stanley Jumps After Beating Estimates Across The Board

Oct 16, 2018 Jeremy Parkinson Finance 0

Morgan Stanley stock is 2% higher premarket after reporting another stellar quarter with beats across the board, especially in trading and investment banking. The bank reported Q3 EPS of $1.17, handily beating estimates of $1.01, on revenue of $9.872BN, also above the $9.5BN expected, and compared to $9.2BN a year ago. Net income climbed to […]