Category Archive: Finance
US Home Prices Rise At The Fastest Pace Since July 2014
While it is unclear if the Chinese, tired of fighting regulations in Canada, are behind the latest jump in home prices, today Case-Shiller reported that its index of Top 20 cities rose at a 5.9% annual rate, the highest increase since July 2014, citing tight supply and growing housing demand. The S&P CoreLogic Case-Shiller Index […]
Crude: Day Nine
On April 11th, we got our rock-solid, never-fail signal to short the oil market. Since then, every single trading day – nine consecutive, as of this writing – have been black candlesticks, in spite of an (insane) mega-rally going on with other assets. I think it was redvettes who brought my attention to the fact that besides the […]
Freeport-McMoRan Inc. Posts Mixed Q1 Earnings, Cuts Cash Flow Outlook
Freeport-McMoRan Inc. (NYSE: FCX) Tuesday posted mixed first quarter earnings results and cut its full-year cash flow outlook, as it wrangles with persistently low prices for the metals it mines.
JetBlue (JBLU) Beats On Q1 Earnings
JetBlue Airways Corporation (JBLU – Free Report) is a low-cost carrier which is based in Long Island City, NY. The carrier, founded in 1998, operates primarily on point-to-point routes. It operates an average of 800 daily flights and carries more than 30 million customers annually to multiple destinations in the U.S., Caribbean, and Latin America. The company has […]
E Market Briefing For Tuesday, April 25
Perceptions of ‘reduced tail-risk’ fueled frantic fresh French frolicking; a pattern expected if Macron carried the day; with Le Pen behind; but others no-shows as polls suggested. Thus Hollande and opponents are compelled to support the leading centrist candidate; which truly makes it a fight over a two-week period. Early polls now suggest Macron will […]
Day Trading Stock Picks For This Week – Tuesday, April 25
FMSA Holdings (FMSA) Average day range (30) is 7.16% and average volume (30) is 6.6 million. Cliffs Natural Resources (CLF) Average day range (30) is 5.72% and average volume (30) is 16.1million. AK Steel (AKS) Average day range (30) is 5.69% and average volume (30) is 19.4 million. Whiting Petroleum (WLL) Average day range (30) […]
Biogen Inc. Q1 Profit And Revenue Blow Away Expectations
Written by StockNews.com Biogen Inc. (Nasdaq: BIIB) early Tuesday posted market-beating first quarter earnings results, with revenues rising in most of its key drug segments. The Cambridge, MA-based biopharmaceuticals giant reported Q1: earnings per share (EPS) of $5.20, which was $0.22 better than the Wall Street consensus estimate of $4.98, revenues rose 3.1% from last year […]
McDonald’s Corporation Beats Earnings, Lockheed Martin Corporation Comes Up Short
McDonald’s and Lockheed Martin released their latest earnings reports before opening bell this morning. McDonald’s posted earnings of $1.47 per share on $5.7 billion in revenue, compared to Wall Street’s estimates of $1.34 per share and $5.5 billion in revenue. In last year’s first quarter, the fast food chain posted $5.9 billion in sales and […]
E Top And Bottom Scoring Large Caps – Tuesday, April 25
The best large cap sector is technology. The top scoring industry is scientific & technical instruments. The average large cap score is 63.13 and the average score over the past four weeks is 61.85. The typical large cap stock in our coverage is trading -11.07% below its 52 week high, 3.29% above its 200 dma, […]
Trump Trade Wars Commence: CAD Craters
Trump Delays Funding For Mexican Border Wall It was a mixed morning for risk sentiment as news stories broke relating to the Trump administration. Firstly, supporting investor news sentiment, White House officials commented during an address on Monday night that the President would be willing to wait until later this year before sourcing funding to […]
