2018 - Page 1585 of 1751 -

This Is The ‘Talk Of The Town’ In Markets – Can It Last?

Jan 26, 2018 Jeremy Parkinson Finance 0

Earlier this week, we brought you “‘Vol Up, Spot Up’: This Hasn’t Happened In 20 Years“. In that post, we highlighted the latest from Goldman’s Rocky Fishman who observed that recently, we witnessed the first case of the S&P returning at least 4% in ten trading days with the VIX simultaneously rising in two decades. […]

Credit Suisse Ups Targets On Gaming Giants Ahead Of ‘Mobile Game Renaissance’

Jan 26, 2018 Jeremy Parkinson Finance 0

Shares of the “big three” U.S. game makers were all trading higher after a Credit Suisse analyst raised his price targets on their stocks, saying he expects incremental steps for the mobile-driven globalization of the game makers’ “best content.” Mobile game renaisssance In a research note to investors, Credit Suisse analyst Stephen Ju said that […]

GDP Not Quite The Blockbuster

Jan 26, 2018 Jeremy Parkinson Finance 0

This morning we got the advanced Q4 GDP estimate, which saw the growth rate for Gross Domestic Product come in weaker than consensus estimates, a surprise to no one who regularly reads our work. Yesterday, the Atlanta Fed’s GDPNow model forecast was for 3.4% in Q4 while the Wall Street Journal survey of economists pinned […]

The world has now accumulated $215 trillion in private wealth, a 12% increase over 2017, according to the latest report by market research company New World Wealth. This number today includes wealth held by the general population, as well as the 15.2M millionaires ($1M+ in assets), 584,000 multi-millionaires ($10M+ in assets), and 2,252 billionaires ($1B+ in […]

Crude Oil, Gold Price Rebound May Fizzle On UK And US GDP Data

Jan 26, 2018 Jeremy Parkinson Finance 0

Talking Points: Crude oil, gold prices drop as President Trump boosts the US Dollar UK, US GDP data may upend commodities’ rebound in risk-on trade Commodity prices retreated yesterday – with crude oil and gold dropping in tandem – as the US Dollar staged a sudden recovery following supportive comments from President Donald Trump. He said that he favored an “ultimately” stronger greenback, contradicting […]

ECRI Weekly Leading Index Update: Record Highs Continue

Jan 26, 2018 Jeremy Parkinson Finance 0

Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 151.5, up 1.1 from the previous week and at another record high. Year-over-year the four-week moving average of the indicator is now at 3.08%, up from 2.62% last week. The WLI Growth indicator is now at 5.8, up from […]

Abbvie Earnings Drive Biotech Stocks Higher With Large Caps Dominant

Jan 26, 2018 Jeremy Parkinson Finance 0

Biotech stocks soared again today to new highs driven by Abbvie Inc.(ABBV) earnings and overall sector strength. Momentum was strong in the general market with NASDAQ up 1.28% and the S&P up 1.18%. The M&A theme should be the driver in 2017. Mid-caps were also strong with notable momentum in Intercept Pharmaceuticals (ICPT) up 5.15%, Neurocrine Biosciences […]

Despite Modest WW Loss, Dryness & Demand Cut US 2019 Stock

Jan 26, 2018 Jeremy Parkinson Finance 0

2018’s January US winter wheat seedings provided a new surprise to the market. Instead of this year’s US producer survey showing a significantly lower-than-expected planting level than the trade’s estimate like 28 out of last 29 years, this month’s seedings were 1.5 million higher and only 88,000 acres less than last year. (see Jan. 16 update) US winter wheat […]