Caterpillar Looks Ready For New Highs
Nov 08, 2017
Jeremy Parkinson
Finance
Caterpillar (CAT) is up a robust 50% in 2017, making it the best year for this stock in quite some time. The CEO was replaced not long ago and since then, the stock has gone nowhere but up. This chart looks like no other, with huge gaps up and a very steady uptrend. I believe […]
After Bitcoin Futures Launched, Goldman Says Price Headed Higher, New Hedge Fund Launches
Nov 08, 2017
Jeremy Parkinson
Finance
It wasn’t that long ago that Goldman Sachs was watching the $4,827 level on Bitcoin USD, predicting a bull market. This was before exchange heavyweight CMEGroup and Terry Duffy piled into what was declared an asset that could be “tamed.” In announcing the launch of Bitcoin futures, a move juxtaposed to that of JPMorgan’s Jamie Dimon, who […]
Do Trend-Following Managed Futures Increase Safe Withdrawal Rates?
Nov 08, 2017
Jeremy Parkinson
Finance
Andrew Miller, a regulator contributor to the blog, is passionate about the intersection of academic finance research and financial planning. We obviously love the academic finance research stuff, but our financial planning advice lacks serious depth: spend less than you make. So we rely on Andrew to help us understand how all the geeky investment research […]
Snap Inc. Share Price Gets Snapped After Yesterday’s Poor Earnings
Nov 08, 2017
Jeremy Parkinson
Finance
Snap Inc. (SNAP), formerly known as Snapchat -which owns Snapchat, Spectacles, Bitmoji and Zenly-reported their fiscal quarterly earnings on Tuesday November 7,2017 after the market closed. Immediately afterward, shares dropped like a rock. Many eyes had been focused on the shares awaiting the earnings as there had been some unusual speculative activity in the options market and […]
Swing Trading Strategy Report – Wednesday, Nov. 8
Nov 08, 2017
Jeremy Parkinson
Finance
I’m concerned by this market, and I’m taking a much more cautious tone to my swing-trading. Not against adding new positions, but won’t do so unless the market makes a compelling reason for doing so. Indicators VIX – Rose 5.2% and almost back over 10 again. T2108 (% of stocks trading below their 40-day moving average): Down […]
Global Payments (GPN) Q3 Earnings Beat On Higher Revenues
Nov 08, 2017
Jeremy Parkinson
Finance
Global Payments Inc.’s (GPN – Free Report) earnings of $1.15 per share beat the Zacks Consensus Estimate of $1.03 and improved 29% year over year. Better-than-expected earnings were primarily due to higher revenues across its markets. Global payments posted revenues of $930.4 million, which surpassed the Zacks Consensus Estimate of $913 million and grew 12% year over […]
RBNZ Preview: NZD/USD Rebound Susceptible To Dovish Policy Outlook
Nov 08, 2017
Jeremy Parkinson
Finance
NZD/USD stands at risk of extending the decline from the previous month as the Reserve Bank of New Zealand (RBNZ) is widely expected to preserve the record-low cash rate at the last policy meeting for 2017. With the coalition government under Prime Minister Jacinda Ardern pledging to review and revise the RBNZ’s mandate, acting GovernorGrant Spencer may merely attempt to buy more time […]
World Class Benchmarking Is Simple, Focused, And Team Building – Part 1
Nov 08, 2017
Jeremy Parkinson
Finance
We know that business is hard, but we believe that the financial aspects should NOT be. World Class Benchmarking is a clear-cut financial tool for that takes the finances of your company from complicated to simple, from scattered to focused, and from individual to team. Three core barriers to becoming Financially World Class Complicated – Finance is hard […]
Arbor Realty Trust, Inc. Announces The Pricing Of $125 Million Convertible Senior Notes Due 2020
Nov 08, 2017
Jeremy Parkinson
Finance
UNIONDALE, N.Y., Nov. 08, 2017 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) today announced the pricing of its previously announced underwritten public offering of $125 million aggregate principal amount of its 5.375% Convertible Senior Notes due 2020 (the “Notes”), registered under the Securities Act of 1933, as amended. The Company has granted the […]
USD/CAD Daily Analysis – Wednesday, Nov. 8
Nov 08, 2017
Jeremy Parkinson
Finance
USD/CAD broke above the falling trend line on the 4-hour chart, indicating that the short term downtrend from 1.2916 had completed at 1.2700 already. Further rally would likely be seen and a break of 1.2825 could take price to next resistance level at 1.2916. Near term support is at 1.2700, only a breakdown below this […]