Market Talk – March 17, 2016
Mar 17, 2016
Jeremy Parkinson
Finance
The Asian markets responded quite positively to the FED’s unchanged decision yesterday with HSI and China Main trading a little over 1% higher across the board. The Exporters did not fare so well, as such, Japan closed a little lower (-0.22%) on the back of a stronger JPY (+1%). China moved the Yuan mid-point from 6.5172 […]
5 Best Basic Materials Stocks In The Market Today
Mar 17, 2016
Jeremy Parkinson
Finance
The Basic Materials sector is staging a rebound after remaining in choppy waters in 2015. The sector, which encompasses a broad range of industries, is finally looking up, supported by a string of factors including relatively encouraging U.S. economic data (including gains in the labor market and construction space) and a steady recovery in oil […]
Great Market Action This St. Patrick’s Day
Mar 17, 2016
Jeremy Parkinson
Finance
“Success is the sum of small efforts, repeated day-in and day-out.” –Robert Collier Markets and stocks are strong today and acting as they should. Finally we’re seeing nice action this year and I’m heavy into stocks because of it. All my positions are working well with the exception of AMZN, but you can’t win them all, […]
Gold Daily And Silver Weekly Charts – Stock Option Expiry – US Douleur Du Monde
Mar 17, 2016
Jeremy Parkinson
Finance
“But there is a sort of ‘Ok guys, you’re mad, but how are you going to stop me’ mentality at the top.” Robert Johnson “A man who procrastinates in his choosing will inevitably have his choice made for him by circumstance.” Hunter S. Thompson Why are our election choices at the end of the day […]
Weakness In The Global Economy; Japan Edition
Mar 17, 2016
Jeremy Parkinson
Finance
Setting aside all other considerations and doubts about QQE, there was one factor that was supposed to be unassailable. That was the yen. QQE as a “money printing” operation was understood to act heavily on the exchange value of the Japanese currency so that it would drastically alter the competitive pricing of Japanese goods in […]
Charts Of The Day: March 17, 2016
Mar 17, 2016
Jeremy Parkinson
Finance
Breakfast At Tiffany’s: Here’s What To Expect From Quarterly Earnings
Mar 17, 2016
Jeremy Parkinson
Finance
Photo Credit: jessicalsmyers Tiffany & Co. (TIF) Consumer Discretionary – Specialty Retail | Reports March 18, Before Market Opens Key Takeaways The Estimize community is looking for EPS of $1.40 on $1.21 billion in revenue, right in line with the Street on the top and bottom line On the heels of its fourth quarter earnings, Tiffany & […]
LPL Financial Reports Monthly Activity For February 2016
Mar 17, 2016
Jeremy Parkinson
Finance
SAN DIEGO, March 17, 2016 (GLOBE NEWSWIRE) — Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today released its monthly activity report for February 2016. Total brokerage and advisory assets served at the end of February were $460 billion, a 0.2 percent […]
Adobe Systems Incorporated Surges After Topping Earnings Estimates
Mar 17, 2016
Jeremy Parkinson
Finance
Adobe Systems (ADBE) released the earnings results from its first fiscal quarter after closing bell tonight, posting adjusted earnings of 66 cents per share and revenue of $1.38 billion, against the consensus estimates of 61 cents per share in earnings and $1.34 billion in sales. GAAP earnings were 50 cents per share. The company’s stock […]
Is This The Debt Jubilee?
Mar 17, 2016
Jeremy Parkinson
Finance
Not so long ago the financial world viewed certain numbers as limits beyond which lay trouble. Interest rates near zero, for instance, were long thought to risk destabilizing the banking system. And government fiscal deficits above 3% were considered so dangerous that exceeding this level was prohibited by the Maastricht treaty that all euorzone members […]