Author Archive: Jeremy Parkinson
Stocks And Precious Metals Charts – April 17
Gold and silver were rallying on Sunday evening on the increasing geopolitical risks. However, volumes overall were light today, as several overseas exchanges remained closed and traders off work after the long holiday weekend. And so the metals were sold, and stocks rallied on more puffery and nonsense.
Snyder’s-Lance Inc. Slashes Earnings Guidance For Q1 & Fiscal Year – CEO Suddenly Retires
Written by StockNews.com Snyder’s-Lance Inc. (NASDAQ:LNCE) early Monday slashed its earnings guidance amid higher marketing spending, and announced the sudden retirement of its CEO. The Charlotte, NC-based snack foods giant: expects Q1 earnings per share (EPS) to come in at $0.13 to $0.14, which is far below the $0.27 that Wall Street currently expects. Q1 revenues […]
Moody’s: Bonds And Stocks Overvalued, Watch Out For Liquidity Event
On yet another positive day for the stock market in the face of major macro headwinds from French elections to war with North Korea and potential for compromise not to be reached on a budget deal, there are two separate issues that will likely tear down the bull market run, a Moody’s report noted. One of those […]
EC 100 Year Bonds In The Trump Era
The United States does not currently issue bonds with maturities longer than 30 years, but the idea of super long-dated national debt is back in the air. Long-dated, as in bonds due in 100 years. One reason 100-year bonds are kind of neat is that nobody alive right now ever needs to worry about […]
GBPAUD Range Break To Determine Next Leg- Constructive Above 1.62
Talking Points GBPAUD pullback off key resistance to be viewed as opportunity Updated targets & invalidation levels GBPAUD Daily Technical Outlook: GBPAUD turned from a BIG resistance zone last week at 1.6688-1.6721– this region is defined by the 61.8% retracement of the December decline, the August swing low and the 200-day moving average. The pair has been trading […]
Get Ready For Inflation – Lumber Logs A 12-Year High
As if you need more proof that inflation is finally starting to pick up, lumber prices rose to a 12-year high last week, supported mainly by expectations that steep duties will soon be levied on cheap softwood imports from Canada. Lumber futures rose to nearly $415 per thousand board feet last Monday, a level unseen […]
Netflix Reports Q1 2017 Results After The Bell – What To Expect
Netflix, Inc. (NFLX) reports April 17, after the market closes. The online content streaming service kicks off earnings in about an hour. Currently the Estimize community is expecting EPS of $0.38, in-line with the Street which would result in YoY growth of 535%. EPS estimates have increased 107% since Netflix’s last quarterly report. Historically the company […]
New Facebook Price Target By Aegis Capital Suggests A 15% Upside For The Stock
Written by StockNews.com Facebook Inc. (NASDAQ:FB) stock will rise significantly in the coming weeks, according to Aegis Capital, reiterating its Buy rating while boosting its price target on FB from $155 to $160. That new target suggests a 15% upside to the stock’s last closing price of $139.39. Facebook is hosting its annual developer conference Tuesday […]
ValuEngine Rates Tesla A Sell
Tesla Inc. (TSLA) designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. It operates primarily in the United States, China, Norway and internationally. Tesla Inc., formerly known as Tesla Motors Inc., is headquartered in Palo Alto, California. The company has long been a darling of those with an eye on the future […]
Global Financial Market Stress Soars To 2017 Highs
April looks set to be the worst month since August 2015 (when China devalued and turmoil spread across the world) for global financial stress. As Bloomberg reports, rising geopolitical concerns are pushing a gauge of anxiety for global asset classes to this year’s high. The Global Financial Stress Index is a Bank of America Merrill Lynch calculated, cross market measure of risk, hedging demand […]
