Category Archive: Finance
Caterpillar Dealer Sales Soar Most In 6 Years
If Caterpillar’s dealer sales statistics, traditionally released just one day before the company’s earnings report, are an indication of what to expect from the heavy industrial equipment maker, then CAT’s Q4 results will be a blowout. As shown in the following chart, growth in world retail sales jumped from 26% to 34% in December, the highest […]
Texas Instruments Shares Get Trounced On Q4 Earnings
Texas Instruments (TXN), the multinational American, U.S.-based company that produces semiconductors and various integrated circuits along with analog chips and embedded processors, announced their fiscal quarterly earnings after the market closed on January 23rd, 2017. Unfortunately the reaction was not pretty as soon as the news was released. Shares sold off hard on volume. The […]
Comcast Corporation Earnings Beat Estimates, But Stock Falls
Comcast Corporation (Nasdaq: CMCSA) released its Q4 earnings report before opening bell this morning. Comcast earnings came in at 49 cents per share on an adjusted basis, while revenue amounted to $21.9 billion for Q4. Analysts had been expecting non-GAAP earnings of 47 cents per share on $21.8 billion in revenue. In the same quarter […]
Morning Call For Wednesday, Jan 24
OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps (ESH18 +0.20%) this morning are up +0.13% at a new record nearest-futures high after U.S. Treasury Secretary Mnuchin endorsed a plunge in the dollar index to a 3-year low when he said the dollar’s decline provides a boost to the U.S. economy through trade. European stocks are down […]
ECB Meeting – Euro Strength Likely To Dominate The Meeting
ECB Meeting – Euro Strength Likely to Dominate the meeting. Today, the Monetary Policy Committee (MPC) will meet in Frankfurt to deliberate on the status of the economy. Tomorrow, at 12:45 PM, (GMT), they will announce their decision on base interest rates and the deposit facility rate. Two hour later, Mario Draghi will hold a […]
The Davos Crowd Is Predicting We’ll Clean Up With These Picks
The International Monetary Fund (IMF) today boosted its forecast for global growth for both this year and next – telling folks at the World Economic Forum in Davos, Switzerland, that the world economy would zoom along at a hefty 3.9% pace for the next 24 months. But it also warned that the next recession “may […]
Trade Profile: The U.S. Struggles To Break Its Fetters
Global trade is changing. The kinds of multilateral agreements that characterized the postwar years have stalled over the past two decades, prompting countries and economic blocs to try to negotiate smaller deals with fewer partners. Nations and blocs have more leeway under this new model to negotiate the trade agreements that best suit their interests […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, Jan 24
WTI Crude Oil The WTI Crude Oil market has been slightly positive during the trading session on Tuesday, as we continue to grind towards the $65 handle. That’s an area that has a certain amount of psychological resistance, but I think we could break above there. Once we do, the market should go to the […]
Silver Attempting 7-Year Breakout; Hi Yo Silver Time?
Silver and Silver ETF (SLV) has NOT been a good asset to buy & hold since the 2011 highs, as they have declined around 66% in the past 7-years. Could the long-term trend downtrend in Silver be about to end? Below looks at Silver Futures over the past 8-years: Over the past 3-years Silver has created a series of flat bottoms […]
General Electric Company Earnings Miss, Outlook Sends GE Stock Soaring
General Electric Company (NYSE: GE) released its Q4 earnings results before opening bell this morning. General Electric earnings came in at 27 cents per share on an adjusted basis on $31.4 billion in revenue. Analysts had been looking for earnings of 29 cents per share on $34 billion in revenue. In the year-ago quarter, GE […]
