Honeywell (HON) Q1 Earnings Beat On Solid Top-Line Growth
Apr 20, 2018
Jeremy Parkinson
Finance
Honeywell International Inc. HON posted impressive first-quarter 2018 results with a year-over-year surge in revenues and adjusted earnings.The company’s adjusted earnings of $1.95 a share surpassed the Zacks Consensus Estimate of $1.89 by 3.2%. Notably, the reported figure increased 17.5% on a year-over-year basis. Operational Details Honeywell’s first-quarter revenues came in at $10,392 million, up 9.5% year […]
Ask Slim Market Week – Friday, April 20
Apr 20, 2018
Jeremy Parkinson
Finance
Stocks Fall Despite Mostly Great Earnings
Apr 20, 2018
Jeremy Parkinson
Finance
Stocks Fall Slightly As Tobacco Has A Bad Day On Thursday, the S&P 500 closed down 0.57%. American Express was up 7.6% and Amazon was up 1.9%, but the consumer staples stocks were slammed as they were down 3.14%. The sector had a rough day because Phillip Morris reported a weak quarter as the heat not […]
Forget Bitcoin, Consider Blockchain ETFs
Apr 20, 2018
Jeremy Parkinson
Finance
Audio length: 00:22:18 In this episode of ETF Spotlight, I talked with Eric Ervin, President and CEO at Reality Shares. Earlier this year, Reality Shares launched a blockchain ETF– the Reality Shares Nasdaq NexGen Economy ETF (BLCN – Free Report) .Blockchain is the technology that underpins bitcoin and other cryptocurrencies. After reaching record highs above $19,000 in […]
Fistfuls Of Dollars And The Good (Bitcoin), Bad (Bonds), & Ugly (Semis) Markets
Apr 20, 2018
Jeremy Parkinson
Finance
Take your pick – Good, Bad, or Ugly… Video length: 00:06:16 Good: The Dollar’s best week in over 4 months Silver’s best week in 4 months Bitcoin’s best 2-week gain in 4 months Not Good: 30Y Bond’s worst week in 3 months 10Y highest yield close since Dec 2013 Semi stocks worst week in a […]
Does The Rise In Oil Prices Tell A Wider Commodities Story?
Apr 20, 2018
Jeremy Parkinson
Finance
On the latest edition of Market Week in Review, Mark Eibel, director, client investment strategies, and Sophie Antal-Gilbert, consulting director, discussed the rising trend for the price of oil and other commodities. Eibel labeled commodities the forgotten asset class and presented oil as a classic example of supply-and-demand. According to Eibel, there have been oil output cuts, […]
Silver Breakout Or Fakeout?
Apr 20, 2018
Jeremy Parkinson
Finance
Mike Maloney & David Morgan take a look at the recent price action in silver. Is this a breakout or a fakeout? (Video length 00:13:31)
Trade War Is The Biggest Tail Risk
Apr 20, 2018
Jeremy Parkinson
Finance
Empire State Index Is Very Disappointing The general business activity reported in the April Empire State Index was ok as it fell from 22.5 to 15.8. This missed expectations for 18.2. This decline signals the manufacturing index is weakening from the rapid growth pace seen in Q1. The new orders index was even weaker as […]
Strategery
Apr 20, 2018
Jeremy Parkinson
Finance
Ok, this was a hell of a week in many respects and that shouldn’t exactly come as a surprise because after all: Exactly. Thank you Mr. President. Here’s how things shaped up for U.S. equities which fell hard to close things out on Friday: Monday brought the Sean Hannity bombshell and all the jokes […]
Hot Options Report For End Of Day – Friday, April 20
Apr 20, 2018
Jeremy Parkinson
Finance