Category Archive: Finance, No picture
Should You Take A Bite Into The Beaten-Down Apple ETFs?
Technology giant Apple Inc. (AAPL – Free Report) logged in its seventh consecutive weekly loss, something the stock hasn’t done in the past six years. The broad tech sector turmoil, as well as negative news flow, has taken a toll on Apple shares lately. In fact, the stock is down nearly 20% from its recent peak, indicating that […]
Jefferies Says Buy Neurocrine After Yesterday’s ‘Unwarranted’ Selloff
Jefferies analyst Biren Amin tells investors to buy shares of Neurocrine Biosciences (NBIX) after hosting a dinner with management. Management shared thoughts on the Ingrezza launch and dispelled recent safety concerns, noting the company rigorously reports the majority of adverse events found in the FDA database and that none of the 88 deaths reported […]
October Retail Sales: Up 0.8% MoM, Beats Forecast
The Census Bureau’s Advance Retail Sales Report for October was released this morning. Headline sales came in at 0.8% month-over-month to one decimal and was better than the Investing.com forecast of 0.6%. Core sales (ex Autos) came in at 0.67% MoM (to two decimals). Revisions were made to the last two months. Here is the introduction from […]
Consider These 3 Mutual Funds From The JP Morgan Portfolio
JPMorgan is one of the major mutual fund managers in the United States and prides itself for being the nation’s leader in equity fund flows. JPMorgan offers managed accounts and retirement products. Its primary principle is to understand the needs of its clients and advice the best investment solutions for surplus returns. Also, JPMorgan is […]
Weekly Unemployment Claims
Here is the opening statement from the Department of Labor: In the week ending November 10, the advance figure for seasonally adjusted initial claims was 216,000, an increase of 2,000 from the previous week’s unrevised level of 214,000. The 4-week moving average was 215,250, an increase of 1,500 from the previous week’s unrevised average of […]
They Call It The Streak!
Yes, they called it the streak, but streaks are meant to be broken. Oil prices closed modestly higher after ending at 12, the longest streaks of consecutive down days in the history of the global oil market. The reason for the downward spiral is concerns about global economic growth, as well as the fact that […]
Walmart Posts Mixed Quarterly Results, But Raises Full-Year Guidance
CNBC’s ‘Squawk Box’ team discusses Walmart’s quarterly earnings. CNBC’s Courtney Reagan joins with comments from Walmart’s chief financial officer.
Commodities Continue To Dominate Deep-Value ETF Ranking
The slide in global markets in recent weeks has cut prices near and far, but the steepest declines for the trailing five-year return – a proxy for the value factor – are still linked with the dive in commodities. That was true for the deep-value list in October and the profile is intact in today’s update, which […]
Have We Reached The EM Inflection Point?
Following a long wait, 2017 was the year that being a globally diversified investor finally seemed to pay off. The MSCI ACWI ex USA Index beat the S&P 500 by more than 500 basis points (bps), outperforming for the first time since 2012. Many wondered if the baton was finally being passed to the international markets—after a decade of lagging […]
Morning Call For Thursday, Nov. 15
Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.35%) this morning are up +0.38% on optimism the U.S.-China trade conflict will soon be resolved after a report said that China has outlined a series of potential trade concessions to the U.S. Two people familiar with the report said the Chinese offer was constructive ahead of the […]
