Category Archive: Finance, No picture
Morning Call For Tuesday, Sept. 25
Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.18%) this morning are up +0.26% and European stocks are up +0.33% as strength in energy stocks leads the overall market higher. Energy stocks were underpinned with Nov WTI crude oil (CLX18+0.36%) up +0.71% on positive carry-over from Monday’s rally in oil prices to a 2-1/2 month high […]
3 Large-Cap Mutual Funds For Alluring Returns
Large-cap funds are considered prudent choices for risk-averse investors when compared with their small and mid-cap counterparts. These funds have exposure to large-cap stocks, with a long-term performance history and offer more stability than mid or small caps. Companies with market capitalization of more than $10 billion are generally considered large cap. However, due to […]
Sterling Still Gaining
Sterling continues to move higher with a general improvement in investors’ risk appetite as hopes continue to rise that the UK government will be able to secure a Brexit deal. After last week’s sell off of the Pound, that hope has prompted FX traders to buy the currency back. Theresa May and her government have […]
Square Price Target Raised To $125 From $86 At Nomura Instinet
Nomura Instinet analyst Dan Dolev raised his price target for Square (SQ) to $125 from $86 and keeps a Buy rating on the shares. The stock closed yesterday up 75c to $86.04. The analyst’s analysis of Square’s fundamentals indicates “buoyant” gross payment volume, revenue and marketing efficacy trends. The company’s “fully cohesive solutions and rapid […]
Indian Indices End On A Positive Note; Banking And Healthcare Stocks Witness Buying Interest
Indian share markets ended their session on a positive note today. Gains were largely seen in the banking sector and healthcare sector. At the closing bell, the BSE Sensex stood higher by 347 points (up 1%) and the NSE Nifty closed higher by 100 points (up 0.9%). The BSE Mid Cap index ended the day up by 0.4%, while the BSE Small Cap index ended the day […]
Facebook Shares Drop As Instagram Co-Founders Quit After Clashes With Zuckerberg
Facebook shares dropped 2% in premarket trading on Tuesday after the co-founders of Instagram, the company’s fast-growing photo-sharing app, decided to leave Facebook under mysterious circumstances amid alleged clashes with CEO Mark Zuckerberg, deepening an executive exodus that has intensified over the past six months as Facebook struggled with accusations of Russian interference and the […]
Natural Health Trends Takes A Breather
This week I’m seeking a prestigious and long-term dividend-paying stock from the consumer defensive sector. That defensive sector includes thirteen industries all related to providing those convenient packaged goods we’ve just gotta have. Industries like: beverages, brewed, soft, or distilled; confections; discount stores; education & training; farm products; food distribution; grocery stores; household & personal […]
Think Imports And Trade Deficits Impact GDP? Think Again, They Don’t!
Contrary to widespread belief, imports do not subtract from GDP despite the fact that imports are part of the equation. Let’s start with the definition. GDP = C + I + G + (X – M) C = Personal Consumption Expenditures I = Gross Private Investment G = Government Spending X = Exports I = […]
USD/CAD Daily Analysis – Tuesday, Sept. 25
USD/CAD is in consolidation for the downtrend from 1.3226. Range trading between 1.2884 and 1.2980 would likely be seen in a couple of days. Near term resistance is at the top of the price channel on the 4-hour chart, only a clear break above the channel resistance could signal completion of the downtrend.
