Axis Capital Holdings Insures And ReInsures Worldwide
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
This week I’m seeking a prestigious and long-term dividend paying stock from the financial services sector. Financial Services includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns. Today I’m reviewing a mid-cap insurance – property & casualty firm named Axis […]
What To Watch In First Round Of Big Bank Earnings Reports
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) are scheduled to report quarterly results before the open on October 12. What to watch for: 1. OUTLOOKS: Last company’s earnings call, Wells Fargo CEO Tim Sloan said that the bank is “on track” to achieve targeted $4B of expense reductions by end of 2019. Wells Fargo […]
VIX Shows Elevated Fear Among S&P 500 Traders, But Not Yet At Post-GFC Peaks
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
After pausing briefly on this morning’s slightly softer-than-anticipated inflation data (see my colleague Fawad Razaqzada’s post, “Dollar extends but CPI miss not a game changer” for more), US stocks have resumed yesterday’s selling rout. As of writing, the Dow Jones Industrial Average is trading off by another 500+ points, with the S&P 500 falling by more than 2% as […]
Sectors And Gravity Spots To Watch In The Market
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
In tonight’s video, Corey updates the big movement across the sectors and where strength and weakness lie (and thus opportunity). Finally, he pinpoints the key Gravity Points on the /ES Daily Chart for planning the next swing, one of which we bounce up away from today.
‘Failing’ New York Times Gets Price Target Boost As ‘Trump Bump’ Seen Continuing
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
Shares of New York Times (NYT) were on the rise after JPMorgan analyst Alexia Quadrani raised her price target on the stock to $32, citing ongoing digital subscriber growth as the “Trump bump continues.” Since taking office, President Donald Trump has been very critical of the New York Times and many of its media peers, […]
A Recession Is Coming. Who Will Take The Blame?
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
All booms end in recession. So who will accept the blame for the next one? Of course, nobody will volunteer to take any portion of the blame. Yet fingers will most assuredly be pointing. Trump will blame the Fed for hiking too fast. The Fed will blame Trump for starting a trade war. Scarcely […]
IMF Warns About Emerging Markets: Hello “Always Late” IMF, Global Crisis Coming
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
The IMF is finally warning that there may be an emerging market crisis. Hello IMF, it’s already here. Look ahead. The IMF is perpetually late in its forecasts. Here’s the latest hoot: IMF Warns of Possible Emerging-Markets Crisis. A new study by the International Monetary Fund projects emerging economies will muddle through recent market turbulence without […]
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Put Option Strategies For Income Investors
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
The main goal of many investors is income generation, be it for a steady flow of cash that can be reinvested, or for a flow of cash that can be used to pay for one’s living. Dividend growth investing has turned into a very popular strategy for income oriented investors, but there are other possibilities […]
AUD/USD Forex Signal – Thursday, Oct. 11
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s AUD/USD Signals Risk 0.75%. Trades must be taken from 8am New York time until 5pm Tokyo time, over the next 24-hour period only. Long Trade Long entry following some bullish price action on the H1 time frame immediately upon the next […]
L Brands Jumps On September Comp Sales Rise, La Senza Review
Oct 11, 2018
Jeremy Parkinson
Finance, No picture
Shares of L Brands (LB) surged after the parent of Victoria’s Secret and Bath & Body Works said it would pursue alternatives for its La Senza business. Separately, the company said comparable store sales for September were up 5%, while total sales for the period rose 8%. La Senza news L Brands said on Thursday […]