Category Archive: Finance, No picture
October Buy-the-Dip Trick Or Treat?
So much for the typical October strength in equities – a month in which the major US indices historically have gained ground 75% of the time. We’ve seen major index support levels broken while earnings beats have been smaller than we’ve seen over the past year with revenue and forward guidance giving investors jitters. Over […]
S&P 500, Dow Rout Allows Bold Investors To Pick Up Cheap Shares
Talking Points: Aggregated fund flows reveal a weekly net-inflow of $2.2 billion Despite the continued sell-off, Wednesday saw the largest single day inflow in a month Poor earnings weighed on equity sentiment and the QQQ ETF What began as a few days of sustained losses for the S&P 500 now borders a full-scale correction with the index down […]
ECRI Weekly Leading Index Update: “Economic Cycles & Stock Price Corrections”
This morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 147.0, down from the previous week’s 147.4. Year-over-year the four-week moving average of the indicator is now at 1.63%, down from last week. The WLI Growth indicator is now at -0.41, also down from the previous week. “Economic […]
Stoneridge (SRI) Q3 Earnings And Revenues Surpass Estimates
Stoneridge (SRI) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.30%. A quarter ago, it was expected that this […]
What’s Driving The Stock Market Skid?
(Video length 00:07:31) On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Consulting Director Sophie Antal Gilbert discussed the ongoing volatility in markets, the U.S. GDP growth rate for the third quarter and the European Central Bank (ECB)’s plans for ending quantitative easing. Market slump continues. Is earnings season […]
In Search Of A Bearish Trigger
A large asset manager has decided to offer Bitcoin trading to its institutional investors. Bitcoin shot up around the announcement but reversed course and erased most of the move up. The currency has stayed subdued since. This could mean that the market is getting boring. It could also mean that investors and traders are taking […]
