Author Archive: Jeremy Parkinson
H&R Block Inc. Shares Surge Following Market-Beating Q4 Results
Written by StockNews.com H&R Block Inc. (NYSE: HRB) late Tuesday [Mar 7, 2017 | 4:29pm] posted a less than expected net loss for the fiscal third quarter, along with much higher than anticipated revenue, sending its shares soaring in aftermarket trading.
Most Active Stock Options For End Of Day March 7, 2017
Most Active Stock Options For End Of Day March 7, 2017 Data Courtesy of Trade Alert
Daily Trading Opportunities For Wednesday, Mar. 8
During the session on Wednesday, we get several announcements, not the least of which will be the ADP Nonfarm Employment Change numbers, but we also get the Crude Oil Inventories announcement. Because of this, it could be a rather interesting trading session. Gold Gold markets fell again on Tuesday, testing the 50-day exponential moving average. […]
Three Gold Charts Showing Major Bear Market Test
Although gold sentiment is very bullish since early last year, the gold market continues to be in a bear market. The fact about bear markets is that they have only one turning point, most investors tend to forget this important investment insight. Gold remains in a bear market until proven otherwise. In our own, words, […]
E Oil Reached A High
Oil reached a high of $53.80 today and prices should close for the fourth time below the 10-day EMA. I’m entering 25% of my position today with a stop just above today’s high. If prices selloff from here I’ll add to my shorts when there is a clear breakdown in MFI or close below $52.50. […]
EURUSD: Elliott Wave Sequence From February Peak
EURUSD Elliott Wave Sequence from 2/2 peak doesn’t support the idea of 5 wave impulse or even a series of 1,2’s. Decline from 2/2/2017 high to 2/15/2017 low was a 7 swing sequence and the decline from 2/16/2017 to 2/22/2017 low was also a 7 swing decline. This means neither leg down from 2/2/2017 peak was […]
Q1 GDP Expected To Be 1.3%
The stock market was down slightly on Tuesday. Snap (SNAP) stock was down 11% to a 21 handle. While Snap doesn’t have a large market cap, it’s significant because it represents the latest excess of Wall Street. The company has a lock on the attention of teenagers and 20-somethings, but is burning cash quickly. It will […]
Urban Outfitters, Inc. Q4 Earnings Results Meet Estimates On Flat Comps
Urban Outfitters, Inc. (Nasdaq:URBN) late Tuesday [Mar 7, 2017 | 4:09pm ] posted in-line fourth-quarter earnings results, as comparable sales were flat from the year-ago period, as predicted. Written by StockNews.com The Philadelphia-based specialty apparel retailer reported Q4 earnings per share (EPS) of $0.55, which was in-line with the Wall Street consensus estimate of $0.55. […]
Market Talk- March 7th, 2017
The Nikkei continued its two-day slide ending today with just small -0.2% decline. The JPY had one of its tightest trading ranges in awhile even with geopolitics playing out on its doorstep. The talk around Asia remains focused on the FED and implications upon their (Asia’s) markets as they will be closed upon the […]
