Category Archive: Finance
Oil Flirts With Resistance As US Output Falls, OPEC Looks At All Options
Talking Points: – Crude Oil Prices Flirt With Resistance as U.S. Production Narrows, OPEC Endorses ‘All Options.’ – USD/JPY Gaps Higher Following Japan Election; Outlook Mired by 2017 Range. Crude remains bid as recent updates coming out of the U.S. Energy Information Administration (EIA) showed a marked decline in field outputs, while the Organization of Petroleum Exporting Countries (OPEC) and […]
Corporate Or Treasury Bonds – Which Bonds Are Better?
Corporate and Treasury bonds can help you turn your nest egg into an income stream. In fact, generating a steady income stream to supplement your pension may be one of the hardest parts of retirement. Bonds have a set interest rate and they usually pay twice a year so you know exactly how much income […]
ITW Delivers Strong Q3 Financial Results & Raises Earnings Guidance For 2017
Illinois Tool Works Inc. (NYSE:ITW) today strong Q3 financial results and raised its earnings guidance for 2017. ITW is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $13.6 billion in 2016. ITW has more than 50,000 colleagues in operations around the world who thrive in the company’s unique, decentralized and entrepreneurial culture. Third-Quarter Highlights: GAAP […]
An Investor’s Guide To Dividend Aristocrat ETFs – October 2017
Amid heightened uncertainty about the global economy and rising interest rates, investors have become defensive and are seeking safe and stable investments. Dividend-focused products offer safety in the form of payouts and stability in the form of mature companies that are less volatile to the large swings in stock prices. Dividend-paying securities can be major […]
Advanced Micro Devices, Inc. Stock Soars Ahead Of Earnings
AMD stock surged early on Monday, climbing by approximately 2% early despite an ultra-bearish analyst report from one firm. Unfortunately for the chip maker, the number of AMD stock bears is growing simply because its valuation has gotten so high, fueled not only by its own success but also by the overall outperformance of the […]
S&P 500 Retail Sector Ready To Move Higher
This week’s Chart of the Week features the XRT ETF (S&P 500 retail sector) and its potential to break out to the upside. From a technical perspective, it appears that the $40 level of support for XRT has held very well and the RSI is indicating that a bottom was formed last week. Over the last couple […]
Weekly Wave Analysis EUR/USD, GBP/USD, USD/JPY – Oct. 23
Here below is this week’s wave analysis on the EUR/USD, GBP/USD and USD/JPY daily, weekly and monthly charts. EUR/USD The EUR/USD is testing the support trendline (blue). A bearish candle makes a bullish ABC (purple) unlikely and a bearish ABC (grey) within a larger wave 4 (light purple) more probable. Daily chart: The EUR/USD correction […]
USD/JPY: How To Trade Fed Chair Nomination – Credit Agricole
John Taylor, Jerome Powell and also incumbent Janet Yellen are the final candidates to lead the Federal Reserve. With Trump being Trump, he keeps the tension high, like in his reality shows. This provides room for volatility. How can this be traded? Here is the view from Credit Agricole Here is their view, courtesy of […]
Lennox International Reports Record Third-Quarter Revenue And Profit
Lennox International Inc. (NYSE: LII) today reported record revenue and profit results for the third quarter of 2017. Q3 FINANCIAL HIGHLIGHTS Revenue: UP 4% to a third-quarter record $1.052 billion. Foreign exchange was a 1 percentage point benefit to revenue growth. Volume and price were up. Mix was unfavorable in the quarter. Gross Profit: UP […]
