Category Archive: Finance
USD/CAD Fails To Test July-Low & Initiates Bullish Sequence
Ticker Last High Low Daily Change (pip) Daily Range (pip) AUD/USD 0.7916 0.7996 0.7906 35 90 AUD/USD gives back the advance from earlier this week follow a batch of positive data prints coming out of the U.S. economy, and the pair may continue to consolidate ahead of the highly anticipated Non-Farm Payrolls (NFP) report as […]
Gas Price Impact From Harvey
While it’s nothing compared to what people in Texas and the Gulf Coast are going through, if you plan on traveling this coming Labor Day weekend, you can expect to pay up given Harvey’s impact on the nation’s energy infrastructure. As shown in the chart, the national price of a gallon of gas has increased […]
S&P Ramps Above Key Technical Level, Nasdaq Panic-Buying Continues
The machines have achieved their short-term goal (getting the S&P above its 50-day moving average), next is getting green for the month. Once again, the US market open triggered a panic-buying bid under mega-cap US Tech stocks…
Battleground: Analysts Disagree On Whole Foods’ Financial Impact On Amazon
Two research firms disagreed on the financial impact of Amazon’s (AMZN) acquisition of Whole Foods (WFM). Jefferies responded to the deal by lowering its earnings per share estimates for Amazon, while RBC Capital increased its 2017 and 2018 EPS estimates for the tech giant. JEFFERIES CUTS EARNINGS OUTLOOK: Analyst Brett Thill slashed his fiscal 2017 […]
Update – Tata Steel Trade Setup
I have mentioned a trade possibility of Tata Steel as there is a rising wedge + negative diversion. Today, some steel stocks have breakout on the upside like JSW steel… Now there is another possibility that builds up and it might break the upper trendline of the rising wedge. We have 2 possibilities: Short – […]
Biotech Digest – URGN Receives Fast Track Designation, MDVX Receives Australian Approval, AZN Inks A New Deal
Top Pick of the Day: TRHC Tabula Rasa Healthcare (TRHC) stock perked up as the company announced inking a new deal with CenterLight Healthcare to provide medication risk management services. The company inked the deal through its wholly owned subsidiary CareKinesis. The agreement will be effective from September 1. It will begin with a single […]
Hedge Against Volatility With These ETFs
Volatility levels are on the rise lately, given escalating North Korea tensions that have rattled global markets this month and Hurricane Harvey that has badly hit the energy sector. Touted as one of the worst storms in history, the storm has caused large-scale flooding along the U.S. Gulf coast, affecting transport of people, food […]
Aerovironment, Inc. Shares Shoot Up On Better Than Expected Earnings
AeroVironment, Inc. (AVAV), a global company that designs, develops, produces, supports, and operates unmanned aircraft systems reported their fiscal first quarter 2018 financial results. AeroVironment reported first quarter earnings of a loss of $0.19 per share which beat analyst expectations of a loss of $0.34 per share. AeroVironment reported first quarter revenues of $43.8 million […]
What If Stocks Are Right?
Ok, so Wednesday’s column from Cameron Crise is good. One of the things Cameron is particularly adept at is pissing off Jeff Gundlach. But another thing he’s good at is taking a simple, readily observable dynamic, breaking it down, looking more closely at the numbers, and just generally fleshing it out. Here’s the readily observable […]
Thermo Fisher Acquires Patheon, Boosts Laboratory Products
Thermo Fisher Scientific Inc. (TMO – Free Report) recently completed the buyout of Patheon N.V. Notably, Patheon is a leading contract development and manufacturing organization (CDMO) serving the pharmaceutical and biotechnology sectors. With the closing of the deal, Patheon will be part of Thermo Fisher’s Laboratory Products and Services segment. Thermo Fisher’s initial tender offer for Patheon expires after […]
