October 2018 - Page 167 of 262 -

How Target Is Challenging Amazon

Oct 11, 2018 Jeremy Parkinson Finance, No picture 0

As it redesigns its stores, Target (TGT) is getting back to offering fashion-forward merchandise at decent prices. If it can keep that momentum going, it will help set the company apart from its peers including Walmart (WMT), Amazon (AMZN) and Kroger (KR). Nestled inside Target’s Minneapolis headquarters, racks of unfinished clothes line the walls. In […]

Buy Signals Blown Away

Oct 11, 2018 Jeremy Parkinson Finance 0

The support levels which were on offer for the Russell 2000, Dow Jones Industrial Average and S&P were undone by the biggest one-day loss in the year. on Oct. 10. Not surprisingly, volume rose in distribution as traders bailed.The only index to finish on support was the Nasdaq 100. Although with a 4%+ loss it […]

Trump Slams Fed As “Crazy”

Oct 11, 2018 Jeremy Parkinson Finance, No picture 0

Just 1 day after saying he has not met with Powell because he did not want to interfere, Trump slams the Fed as “crazy”. Bloomberg reports Trump Steps Up Fed Pressure With ‘Gone Crazy’ Jab After Sell-off. President Donald Trump slammed the Federal Reserve as “crazy” for its interest-rate increases this year in comments hours after […]

Morning Lineup – Shaky Start

Oct 11, 2018 Jeremy Parkinson Finance 0

It’s not looking like a pretty morning for equity bulls today, but the DJIA futures indicated an opening decline of just over 200 points, things look a lot better than they did a few hours ago. As always when the market’s get into one of their moods, things tend to move in fits and starts […]

3 FX Pairs To Watch In Countdown To Brexit – Thursday, Oct.11

Oct 11, 2018 Jeremy Parkinson Finance 0

Brexit talk has come back to the forefront of traders’ minds in recent weeks as UK politicians return from their summer recess and the pressure to reach an agreement with the EU for a new trade deal ramps up even further. To underline how important this could be for the markets, one major global investment […]

Delta Air Lines (DAL) Surpasses Q3 Earnings Estimates

Oct 11, 2018 Jeremy Parkinson Finance, No picture 0

Delta Air Lines (DAL) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected […]

Above The 40 – The Stock Market Cascades Down To Oversold Territory

Oct 11, 2018 Jeremy Parkinson Finance 0

AT40 = 16.7% of stocks are trading above their respective 40-day moving averages (DMAs) (a drop of 14.2 percentage points to an 8-month low and the first day of an oversold period)AT200 = 38.6% of stocks are trading above their respective 200DMAs (a drop of 7.6 percentage points to a 6-month low)VIX = 23.0 (an increase of 44.0%)Short-term […]

The Fed Has Not Gone ‘Crazy’, But…

Oct 11, 2018 Jeremy Parkinson Finance, No picture 0

Trump calls the Federal Reserve ‘crazy’ – he is in fact not all wrong as the decline in global stock markets are a result of tighter global monetary conditions (much more so than because of the ‘trade war’.) On the other hand, the Fed has been right in hiking interest rates this year as inflation […]

Breaking News: Global Equities Are Entering Panic Mode

Oct 11, 2018 Jeremy Parkinson Finance 0

The scale of the sell-off in stocks is the biggest in eight months, does this mean one should sell USD/JPY? The sell-off in stocks spurred a bid for safe-haven assets such as gold and yen. In addition, if the 10-year Treasury yield falls below 3%, this could drag USD/JPY lower. The Dow Jones index fell […]

Consumer Price Index: September Headline At 2.28%

Oct 11, 2018 Jeremy Parkinson Finance, No picture 0

The Bureau of Labor Statistics released the September Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 2.28%, down from 2.70% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 2.17%, down from the previous month’s 2.28% and above the Fed’s 2% PCE target. Here […]