Five Top-Ranked Stocks To Profit From Likely Earnings Beat
Nov 13, 2017
Jeremy Parkinson
Finance
Investors are always alert during the earnings season. After all, this is the time when they decide on which stocks to pick and which one to throw out of their portfolios, based on a company’s earnings scorecard. Among various factors that investors normally take a look at while evaluating corporate earnings, a beat seems to […]
‘There’s Panic’: Bitcoin Plunge Sees $33 Billion Disappear Into Thin Air
Nov 13, 2017
Jeremy Parkinson
Finance
When last we checked in on Bitcoin, it had plunged some $1,400 from the highs hit after SegWit2x called off the hard fork. Well, things have gotten worse since then – and materially so. Specifically, Bitcoin had fallen $2,300 from its Wednesday peak at one point on Sunday: That is a horrendous ~30% tumble and […]
Managing Valuation Risks As Market Multiples Rise
Nov 13, 2017
Jeremy Parkinson
Finance
On February 1, 2007, WisdomTree launched its U.S. Earnings family of Indexes. Over the course of this nearly 11-year live track record, many clients have asked us why we chose to weight these Indexes by earnings. What’s happening in U.S. equities today provides an environment for a better answer than any we have been able […]
For The First Time Since The Financial Crisis GE Slashes Dividend In Half
Nov 13, 2017
Jeremy Parkinson
Finance
One months ago, we reported that according to option markets, GE – whose stock prices and operations have been in turmoil recently- was expected to massively slash its dividend, by just over 40%. And in this case, the market was accurate, because on Monday Morning, (formerly) iconic blue chip General Electric announced a 50% cut to […]
The Truth About Wall Street Analysis
Nov 13, 2017
Jeremy Parkinson
Finance
Turn on financial television or pick up a financially related magazine or newspaper and you will hear, or read, about what an analyst from some major Wall Street brokerage has to say about the markets or a particular company. For the average person, and for most financial advisors, this information as taken as “fact” and is used […]
Short-Term Uncertainty Following Recent Rally, Will Stocks Continue Higher?
Nov 13, 2017
Jeremy Parkinson
Finance
Briefly: Intraday trade: Our Friday’s intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index lost 0.1% (neutral), following slightly lower opening of the trading session. The market remained within relatively narrow intraday trading range. We still can see technical overbought conditions along with negative divergences. Therefore, intraday short position is […]
Stifel Calls Equifax ‘Dead Money’ In Downgrade To Hold
Nov 13, 2017
Jeremy Parkinson
Finance
Stifel analyst Shlomo Rosenbaum downgraded Equifax to Hold from Buy and cut his price target for the shares to $115 from $149. The stock closed Friday down 21c to $108.74. The analyst expects the company to spend most of 2018 dealing with the impact of the cyber-security breach by making investments and rebuilding confidence. […]
Five Momentum Driven Canadian Licensed Producers
Nov 13, 2017
Jeremy Parkinson
Finance
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Canadian marijuana producers have been one of the hottest places to invest and over the last month, this sector has been trading higher on very strong volume. A lot of this volume has […]
Businesses Leaders Urge Action On Transitional Deal
Nov 13, 2017
Jeremy Parkinson
Finance
To coin a phrase, “It isn’t over until the fat lady sings” and that sentiment certainly applies to Brexit. Lord Kerr, the architect of Article 50 to the Treaty of Lisbon, has again reiterated that the process can be stopped until the UK actually leaves the EU. Just yesterday, former Prime Minister Gordon Brown stated […]
AUDUSD Daily Analysis – Monday, Nov. 13
Nov 13, 2017
Jeremy Parkinson
Finance
AUDUSD stays in a trading range between 0.7624 and 0.7729. As long as 0.7729 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.7897, and a breakdown below 0.7624 support could trigger further downside movement into 0.7500 zone. Near-term resistance is at 0.7700, followed by 0.7729, only breakout of these […]