Blue Chip Stocks In Focus: Phillips 66
Jul 26, 2017
Jeremy Parkinson
Finance
Investors looking for stable dividends should first look at blue-chip stocks. When we use the term ‘blue chip’, we are referring to stocks with 100+ years of dividend payments to shareholders, and at least a 3% current dividend yield. Stocks that have both of these qualities have an ideal mix of dividend history, and high […]
Glaxo (GSK) Beats Q2 Earnings, Misses Sales
Jul 26, 2017
Jeremy Parkinson
Finance
GlaxoSmithKline plc (GSK – Free Report) , one of the largest health care companies, reshaped its business following the Mar 2015 completion of the three-part, inter-conditional transaction with Novartis related to its Consumer Healthcare, Vaccines and Oncology businesses. Under the deal, Glaxo sold its oncology assets to Novartis and acquired Novartis’ Vaccines business (excluding influenza vaccines). […]
Dollar Bounces Ahead Of Fed
Jul 26, 2017
Jeremy Parkinson
Finance
The US Dollar continued to edge cautiously higher as investors look to the upcoming monetary policy decision from the US Federal Reserve Bank. Given the current state and the outlook for inflationary trends in the US, expectations are generally lower that the Fed will not make any policy adjustment when they announce the outcome of the […]
Australian Consumer Price Index Drops Beyond Expectations
Jul 26, 2017
Jeremy Parkinson
Finance
The annual inflation rate in Australia slowed down unexpectedly during the 2nd quarter, an indication that the pressure on the cost was decreasing after a sharp shrinkage at the beginning of the year. The Consumer Price Index registered an annual increase of 1.9% in the 2nd quarter, after a 2.1% increase in the previous quarter, […]
Preview For July FOMC Decision & Outlook For USD-pairs, JPY-crosses
Jul 26, 2017
Jeremy Parkinson
Finance
The week truly begins for the US Dollar today, which was trading flat on the day at the time this article was written, even though the Federal Reserve is not expected to move on rates. After all, the July FOMC meeting is an ‘off-cycle’ meeting, or one that won’t produce a new summary of economic […]
Business Customers Are Tired Of Being Bilked Of Billions; Demand Rate Increases On Their Bank Deposits
Jul 26, 2017
Jeremy Parkinson
Finance
As we’re all well aware by now, once Trump was elected on November 8th the Fed suddenly decided it was no longer necessary to prop up asset prices in the United States with artificially low interest rates.As such, they’ve embarked on their first rate-hiking spree since the last one ended just over a decade ago. […]
S&P 500 And Nasdaq 100 Forecast – Wednesday, July 26
Jul 26, 2017
Jeremy Parkinson
Finance
S&P 500 The S&P 500 has rallied during the day again on Tuesday, reaching to higher levels. It looks as if we are going to go looking for the 2500 level above, so pullbacks should be buying opportunities. Those pullbacks should continue to offer value the traders will take advantage of but today is the […]
McDonald’s Second Quarter: I’m Lovin’ It
Jul 26, 2017
Jeremy Parkinson
Finance
McDonald’s (MCD) is a legendary dividend growth stock. After being founded in 1940, the company became popular among consumers because of its food’s consistency and low prices. Today, McDonald’s is the largest restaurant chain in the world with over 37,000 locations in 100+ countries. McDonald’s success has translated to exceptional shareholder returns. The company has […]
Nifty Ends Above 10,000; Yes Bank Surges 6% On Strong Q1 Result
Jul 26, 2017
Jeremy Parkinson
Finance
Share markets in India ended the day higher with Nifty50 settling above the 10,000-mark for the first time. At the closing bell, the BSE Sensex closed higher by 154 points. While, the NSE Nifty finished higher by 56 points. Meanwhile, the S&P BSE Midcap Index and the S&P BSE Small Cap Index ended up by 0.2% & 0.3% respectively. Barring information technology stocks all sectoral indices […]
‘They Have Chased Bears Back Into The Woods’: Oil Clings To Gains As Sentiment Turns
Jul 26, 2017
Jeremy Parkinson
Finance
Listen, people are super excited about crude. On Tuesday afternoon, we got the latest API data and it showed an impressive draw, with U.S. inventories falling by 10.2m bbl last week. That would be the largest draw since September. Of course it still has to be “confirmed” by the EIA numbers, which we’ll get later this […]