Category Archive: Finance
WTI Crude Oil And Natural Gas Forecast – March 17, 2016
WTI Crude Oil The WTI Crude Oil market shot higher during the course of the day on Wednesday, mainly in reaction to the Federal Reserve talking about only having two interest-rate hikes during the course of the year as opposed to for as originally anticipated. This drove down the value the US dollar, and by […]
Fed’s Back-Pedaling Sinks Dollar
In the wake of the Fed’s back-pedaling rhetoric, the US Dollar fell against most major currencies during today’s session. The greenback hit a 3-week trough versus the Japanese Yen, and lost nearly .50% against the Euro and more than 1% versus the Aussie Dollar. Yesterday, the Federal Reserve announced no change to its monetary policy […]
Update: Bottom Fishing For Value Today – March 17, 2016
Bottom fishing for value by Chris Lau Bottom fishing large capitalization companies benefited the Bottom Fishing for Value Strategy in the last week. Wal-Mart (WMT), Boeing (BA), and Intel (INTC) had a positive ROI to-date of 12.2 percent, 26.8 percent, and 21.3 percent, respectively. Wal-Mart recouped nearly all of the post-earnings selloff from October 2015, […]
Another Fed “Policy Error”? Dollar And Yields Tumble, Stocks Slide, Gold Jumps
Yesterday when summarizing the Fed’s action we said that in its latest dovish announcement which has sent the USD to a five month low, the Fed clearly sided with China which desperately wants a weaker dollar to which it is pegged (reflected promptly in the Yuan’s stronger fixing overnight) at the expense of Europe and […]
Will Aeropostale Be The Next Teen Retailer To Beat On Earnings?
Aeropostale, Inc. (ARO) Consumer Discretionary – Specialty Retail | Reports March 17, After Market Closes Key Takeaways The Estimize select consensus is expecting EPS of -$0.02, 2 cents below Wall Street, while revenue expectations of $545.60 million are $4 million under the Street. Aeropostale announced that they would be laying off 100 corporate employees in Q4 […]
Another Day, Another Intervening BoJ
In a rather unsurprising move, the Bank of Japan once again today broke an earlier commitment made to the Group of Seven back in 2013 by intervening directly in foreign exchange markets to devalue the Yen following an earlier surge higher versus the US dollar. After pledging alongside other developed nations to avoid at all […]
AMD Stock: Why Invest In Advanced Micro Devices
AMD is one that my tech savvy husband has been talking about for months. I never thought Advanced Micro Devices, Inc. (AMD) would become “cool” again. But things seem to be changing. The good news is that AMD is so cheap right now, that even those of you who didn’t rank well at our Financial Assessment could get hands […]
Hutchinson China Meditech Is A Monster
HCM priced their IPO on the US market (Nasdaq:HCM) at $13.50. The shares already trade in London (AIM:HCM). Investors can find plenty of details in the HCM IPO roadshow slide deck but there are some major takeaways here: China will be a huge market for healthcare – per capita spending today is $322 versus over […]
Adobe Is Counting On These Two Things To Boost Earnings
Adobe Systems Inc. (ADBE) Information Technology – Software | Reports March 17, After Market Closes Key Takeaways The Estimize consensus is calling for EPS of $0.62 and revenue expectations of $1.33 billion, 2 cents higher than Wall Street on the bottom line and 8 million greater on the top. Creative Cloud and Marketing Cloud products have […]
E National Oilwell Varco – Head For The Hills
The free fall in oil prices and oil & gas E&P has taken a toll on oilfield services firms. I previously assumed that the lesser-capitalized firms would get hit the hardest. However, larger firms like National Oilwell Varco NOV have been ravaged and the carnage may not abate any time soon. NOV is down 30% […]
