Category Archive: Finance
Canada’s Largest Telecommunications Company, BCE Inc. Beats Q1 Profit Estimates
Written by BNN.ca Canada’s largest telecommunications company, BCE, Inc. (NYSE: BCE ), reported a better-than-expected first quarter profit on Wednesday, driven by an increase in net postpaid subscribers. BCE, Inc., popularly known as Bell noted that, it added 35,728 postpaid customers on a net basis in the first quarter, more than the 30,000 additions that analysts at […]
Stock Watch-List – Wednesday, April 26
Today’s stock watch list: Long Akorn (AKRX) Long CIT Group (CIT) Short Paccar (PCAR)
How To Position Your Portfolio For The Next Recession: 3 Actionable Steps
The current bull market has lasted 8 years. This is much longer than the typical bull market. Further, the S&P 500’s price-to-earnings ratio is 25, well above historical averages. Investors around the world are wondering if the next recession is around the corner. A case for this could certainly be made… Which leads investors to wonder how […]
E EURUSD Making A Reversal Lower
So far so good, EURUSD moved straight down from 200% Fib. resistance level where pair found a top following a five wave move within wave five. As such, new and minimum three wave fall is here which can extend down to 1.0830 or even lower, if moved will be impulsive. EURUSD, 1H
Titillating Tax Tease
It goes without saying that what has transpired in the market recently has bugged me. Once again, it seems that a wallet stuff full of cash was resting on the boardwalk deck, and as we bears bent to grab it, a kid behind a corner yanked on the string and the wallet was gone. Allow […]
E Mid Cap Best And Worst – Wednesday, April 26
The best mid cap sector is technology. The top mid cap industry is medical instruments. The average score for mid cap stocks in our universe is 61.39 and over the past four weeks, the score has averaged 58.80. The average mid cap stock in our universe is trading -13.98% below its 52 week high, 3.75% […]
Norfolk Southern Posts Record Q1 Operating Ratio
Norfolk Southern Corp. (NYSE: NSC) early Wednesday posted better than expected first quarter earnings results, amid a record Q1 operating ratio and railway income.
S&P 500; Dangerous Place To Run Out Of Gas
Could the “Weekly Closing Highs and Lows” of last year, be impacting stock prices in 2017? The Power of the Pattern thinks so! Below looks at the S&P 500 over the past couple of years. where we applied Fibonacci to the “Weekly Closing Highs and Lows” of last year. The S&P 500 ran into the […]
The Global Systemically Important Banks: An Update
“The large global banks were at the heart of the global financial crisis. In response to the crisis, the international Financial Stability Forum was upgraded to the Financial Stability Board (FSB) in 2009, with the full participation of finance ministers and even heads of government. The newly established FSB then published an integrated set of […]
GBP/JPY Strong Bullish Zig Zag Pattern
The GBP/JPY has been bought on dips after Macron won the first round of French elections. Our Session Recap setup went as expected and now we see a continuation. Equities went bullish and GBP/JPY followed, reaching 143.00 zone. At this point, we see a huge MACD divergence which might drop the pair towards POC zone. […]
