55 Firms Going Ex-Dividend Next Week, Including Valero, Target And Prudential
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
There are several well known large cap stocks going ex-dividend next week including the following nine: Valero Energy, Discover Financial, Hershey Company, Marathon Petroleum, Prudential, L Brands, Magna International, National Grid and Target. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its […]
Gold Miners’ 3Q18 Fundamentals
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
The major gold miners’ stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarter earnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted. But these elite companies did hold the line on costs, portending soaring earnings as gold […]
Which Countries Want To Leave The EU After Brexit: Euro Analysis
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
MORE COUNTRIES MIGHT WANT TO LEAVE THE EU AFTER BREXIT Traders in EURUSD and the Euro crosses would do well to look out for any signs that other countries are thinking of following the UK’s lead and leaving the bloc, particularly if the UK secures good Brexit terms with Brussels. Inevitably, at the top of the list […]
How Might Market Reactions Guide Brexit Votes?
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
(Video length 00:04:57) On the latest edition of Market Week in Review, Senior Quantitative Investment Strategy Analyst Dr. Kara Ng and Rob Cittadini, director, Americas institutional, discussed the latest developments surrounding Brexit, recently released economic data from China and U.S. Federal Reserve (the Fed) Chair Jerome Powell’s remarks on the state of the economy. Tumultuous […]
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Central Banks Are Withdrawing Support From Government Bond Markets
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
The asset holdings of the important central banks are shrinking (Fed, BOJ, ECB), as the three central banks have shifted from quantitative easing towards quantitative tightening. The three central banks were involved in a substantial program of bond buying in the wake of the 2008 financial meltdown to stimulate their own economies as well as […]
S&P 500 Snapshot: Down 1.6% From Last Friday
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
The S&P 500 was down three out of five days this week, closing Friday up 0.22% from Thursday. The index is down 1.61% from last Friday and has seen declines each of the last Fridays, week over week. It is up just 1.5% YTD. The U.S. Treasury puts the closing yield on the 10-year note […]
Why Are Oil Prices Dropping Sharply? Global Economy Forecast Softer
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
Oil prices jumped in September and early October of this year (2018), but have dropped $20 a barrel in the last few weeks. The sharp turnaround is attributed to OPEC’s inability to cut supply, but this is old-fashioned thinking. OPEC’s power is a small fraction of what it was in the 1970’s. What’s happening now […]
The Options Market Still Isn’t Giving Away Free Money
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
Yesterday during the commercial breaks on Bloomberg TV, Charles Schwab was showing video from some sort live conference or webinar with the hope that you’d go to Schwab’s website to watch more. In one of these infomercials there were two guys talking about the options chain for Nvidia (NVDA). They were looking at pricing for […]
Consumer ETFs To Buy As Wal-Mart Beats & Raises View
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
Wal-Mart WMT reported blockbuster third-quarter fiscal 2019 results. The mega retailer topped estimates on the top and the bottom lines driven by strength in the e-commerce business. It raised its fiscal year guidance, inspiring optimism about the company’s growth prospects. Earnings in Focus Earnings per share came in at $1.08, beating the Zacks Consensus Estimate by 6 […]