Category Archive: Finance, No picture
V.F. Tops Q2 Earnings And Revenue Estimates
V.F. (VFC – Free Report) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.52%. A quarter ago, it was expected that […]
DXY Index Hovers Below October Highs; USD/CAD At Six-Week High
The US Dollar (via the DXY Index) has seen a revival after two days of strong gains on Wednesday and Thursday, and now the world’s reserve currency is set to close out the week near its highs for the month. A return back to the black fits with the historical performance in October – over the past […]
The Scariest Day
Yesterday wasn’t a fun day to be a bull. While the S&P 500 was close to unchanged late in the morning, sellers stepped in around lunch time and didn’t let up the entire day. Companies reporting earnings were even harder hit as the average stock reporting earnings after the close Wednesday or before the bell, […]
Procter & Gamble Q1 Earnings And Revenues Beat Estimates
Procter & Gamble (PG – Free Report) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.75%. A quarter ago, it was […]
China And The Fed Inject New Fear Into A Cautious Market
Volatility suddenly returned with a vengeance last week – to both stocks and bonds. In fact, on Wednesday, while the -3.1% single-day selloff in the S&P 500 didn’t quite equal the -4.1% fall on February 3, the normal “flight to safety” into US Treasuries when stocks sell off didn’t occur, which was quite distressing to […]
USDCAD Daily Analysis – Friday, Oct. 19
USDCAD broke above 1.3071 resistance, suggesting that the upside movement from 1.2782 has resumed. Further rise could be expected and next target would be at 1.3150 area. Support is at 1.3015, only a breakdown below this level could bring the price back towards the rising trend line on the 4-hour chart.
Sensex Down 420 Points; IT Stocks Tank
After opening the day in red, share markets in India have traded on a negative note and are presently trading below the dotted line. Sectoral indices are trading mixed with stocks in the IT sector and stocks in the auto sector trading in the red. While stocks in the FMCG sector are trading in green. The BSE Sensex is down by 420 points (down 1.1%) […]
Hotel Industry Signals Recession; JOLTS Amazingly Strong
When reviewing industries, the information can add two separate layers of information Firstly, the research can help you understand specific industries and equities within those industries that are poised to provide the best returns. Secondly, it can give you a broader understanding of the macroeconomy. You can’t allow your macroeconomic research to be the basis […]
E Another Bad Day For Stocks
From my city’s Jewish Week newspaper, I learn that Orthodox men have a statistically significant lower rate of heart attacks than Orthodox women or other Jews, both in Israel and the USA. It turns out that they benefit from phylacteries, with which they wrap their right arms with leather straps and a copy of the Shema, the […]
PayPal, AmEx Outperform On Q3 Earnings
We’ve seen a big day of earnings reports now that Q3 earnings season has gotten hot and heavy: both PayPal (PYPL – Free Report) and American Express (AXP – Free Report) have reported Q3 results after the closing bell today, and both look to have performed well, even as the stock market continues to trade without lots of confidence […]
