Author Archive: Jeremy Parkinson
E Market Briefing For Tuesday, April 25
Perceptions of ‘reduced tail-risk’ fueled frantic fresh French frolicking; a pattern expected if Macron carried the day; with Le Pen behind; but others no-shows as polls suggested. Thus Hollande and opponents are compelled to support the leading centrist candidate; which truly makes it a fight over a two-week period. Early polls now suggest Macron will […]
Day Trading Stock Picks For This Week – Tuesday, April 25
FMSA Holdings (FMSA) Average day range (30) is 7.16% and average volume (30) is 6.6 million. Cliffs Natural Resources (CLF) Average day range (30) is 5.72% and average volume (30) is 16.1million. AK Steel (AKS) Average day range (30) is 5.69% and average volume (30) is 19.4 million. Whiting Petroleum (WLL) Average day range (30) […]
Biogen Inc. Q1 Profit And Revenue Blow Away Expectations
Written by StockNews.com Biogen Inc. (Nasdaq: BIIB) early Tuesday posted market-beating first quarter earnings results, with revenues rising in most of its key drug segments. The Cambridge, MA-based biopharmaceuticals giant reported Q1: earnings per share (EPS) of $5.20, which was $0.22 better than the Wall Street consensus estimate of $4.98, revenues rose 3.1% from last year […]
McDonald’s Corporation Beats Earnings, Lockheed Martin Corporation Comes Up Short
McDonald’s and Lockheed Martin released their latest earnings reports before opening bell this morning. McDonald’s posted earnings of $1.47 per share on $5.7 billion in revenue, compared to Wall Street’s estimates of $1.34 per share and $5.5 billion in revenue. In last year’s first quarter, the fast food chain posted $5.9 billion in sales and […]
E Top And Bottom Scoring Large Caps – Tuesday, April 25
The best large cap sector is technology. The top scoring industry is scientific & technical instruments. The average large cap score is 63.13 and the average score over the past four weeks is 61.85. The typical large cap stock in our coverage is trading -11.07% below its 52 week high, 3.29% above its 200 dma, […]
Trump Trade Wars Commence: CAD Craters
Trump Delays Funding For Mexican Border Wall It was a mixed morning for risk sentiment as news stories broke relating to the Trump administration. Firstly, supporting investor news sentiment, White House officials commented during an address on Monday night that the President would be willing to wait until later this year before sourcing funding to […]
Goldman Isn’t Sure How Many Times You’re Going To Ask, But “Yes,” They’re Still Bullish Commodities
Goldman isn’t sure how many times they’re going to have to tell you to be patient on commodities, but they do know that as long as you persist in being skeptical, they’ll persist in sending you reminders. A couple of weeks ago, we noted that you’ll have to pry Goldman’s Overweight commodities thesis from their cold dead hands. […]
Caterpillar, McDonalds Shares Surge After Smashing Estimates
Dow component Caterpillar (CAT ) and McDonalds (MCD) are both spiking in the premarket after smashing expectations, in both cases reporting numbers above the highest Wall Street estimate. Confirming the rebound in global sales, its first up month since 2012, Caterpillar reported 1Q adjusted EPS $1.28, more than double the consensus estimate of 62c, on […]
Forex Forecast For EURUSD, GBPUSD, USDCAD, USDJPY – Tuesday, April 25
The forecast for the EUR/USD currency pair Technical indicators of the currency pair: Prev Opening: 1.09160 Opening: 1.08672 Chg. % of the last day: -0.05 Daily range: 1.08502 – 1.08840 52-week range: 1.0366 – 1.1616 In the first round of the presidential elections in France, Emmanuel Macron won, what strengthened investors’ confidence. In the Asian […]
Japan Outlook Past Golden Week–Show Me The Money
We maintain our view that Japanese risk assets—equities and real estate—are on track for a multiyear structural bull market. 2017 is poised to bring a positive reversal of earnings momentum, with a pickup in top-line sales growth and a weaker currency capable of delivering 25% to 30% earnings growth (after last calendar year’s drop of around 8%).1 Given […]
