Category Archive: Finance
Rev Group Driving Downward Ahead Of IPO Lockup Expiration
Event Overview The 180-day lockup period for Rev Group (NYSE: REVG) is scheduled to expire on July 26, 2017. The company’s pre-IPO insiders will then have the opportunity to sell 49.32M shares that are currently restricted from sale. This represents 77.4% of the total shares outstanding. With such a large percentage of the shares becoming available […]
AT&T Plans To Shake Up Ranks Post-Time Warner Acquisition, Bloomberg Reports
AT&T (T) is planning to shake up its ranks following the completion of the $85.4B acquisition of Time Warner (TWX), Bloomberg reports, adding that AT&T CEO Randall Stephenson could have a “redefined role.” According to the report, Stephenson will become executive chairman and drop the CEO title; as executive chairman, he will oversee a “pair” […]
GBP/JPY Technical Zig-Zag Uptrend
Global Equities were given a boost the past few days, which has been bullish for the GJ pair. Japanese data has been solid the past week, and its major trading partner in China has posted strong data for the week. Whereas, US data has largely been meeting expectations. At this point, we can spot 2 […]
Friday Charts: Bull Market Stamina, IPO Purgatory And Tech’s Hottest Growth Sector
It’s Friday in the Wall Street Daily nation. That means it’s time to embrace the adage that a picture is worth a thousand words. For the newbies in the group, each week I select a graphic or two to convey an important economic or investment insight. This week, I’m debunking a stubborn myth about stock markets that’s […]
5 Companies That Consistently Beat Earnings Estimates
As we approach the beginning of earnings season, it is important to remember that earnings estimate revisions and projections are extremely important in determining the Zacks Rank, and quarterly earnings reports have the ability to greatly affect a stocks financial outlook and a company’s future potential. Zacks customers can utilize our Stock Screener to search for companies […]
EUR/USD And GBP/USD Forecast – Friday, July 14
EUR/USD The EUR/USD pair had a volatile session on Thursday, as we went back and forth. The final candle was a bit of a shooting star, and the market is starting to make a shooting star for the weekly candle. What I find interesting is that the weekly chart is pressing up against the 1.15 […]
If Everything’s So Awesome, Why Are Investors Surging Into Tech-Stock Hedges?
Tech stocks are up once again – for the 5th day in a row, the longest streak since May – as the business media celebrates FANG’s renaissance (again)… There’s just one thing that is ‘odd’ about this rally, traders are piling into downside hedges on every uptick in prices… As Bloomberg notes, options markets suggest a […]
How George Soros Finds His Trades
The following is straight from Operator Kean, a member of the Macro Ops Collective. One of the things that makes George Soros a market legend is his uncanny ability to identify lucrative trading opportunities. Let’s take a look at how he does it. (I) Look Forward! Most traders realize they need to be forward looking. But […]
Is This The Most Irrelevant Chart You’ve Ever Seen?
Today’s post takes a look at a chart shared by EconomPic on Twitter (which has also made the rounds of all the usual permabear/end of the world websites). He asks/comments: “Just when you think you’ve seen the most irrelevant chart you’ve ever seen”. The tweet/chart was brought to my attention by ValueWalk and given it’s Friday afternoon and […]
Sensex Down 37 Points; Infosys Up On Q1 Results
Indian share markets continue to trade near the dotted line during the noon session. Pharma stocks and bank stocks witnessed majority of the buying momentum. Software stocks and FMCG stocks traded in red. The BSE Sensex is trading lower by 37 points and the NSE Nifty is trading lower by 18 points. Meanwhile, the BSE Mid Cap index is up by 0.2% & the BSE Small Cap index is down by 0.3%. […]
