Category Archive: Finance, No picture
EC Q3 Earnings Season Preview – Saturday, Sept. 22
We have to wait another few weeks before Q3 earnings season really takes the spotlight, but the reporting cycle has gotten underway already, with results from 8 S&P 500 members out and another 8 index members on deck to report this week. All of these early reporters have fiscal quarters ending in August, but they […]
Oil Firms Ahead Of Algiers OPEC Meeting That May Set Stage For Q4
Fundamental Forecast for USOIL: Bullish FUNDAMENTAL CRUDE OIL PRICE TALKING POINTS: The ONE Thing: The OPEC meeting with allies in Algiers is expected to focus on production gains as Iranian sanctions and depletion rates in Venezuela look to force the hand of OPEC. Reuters reported on Friday that the likely increase would be around 500k barrels per day. […]
Week In Review: WuXi AppTec To Follow Shanghai IPO With $1 Billion+ Hong Kong IPO
WuXi AppTec (SHA: 603259) has filed for a Hong Kong IPO that is expected to raise at least $1 billion (see story). The company, China’s largest CRO/CMO, completed a $354 million IPO on the Shanghai Exchange just over four months ago. Since then, its shares have nearly quadrupled, giving the company a market valuation of $13.1 billion. This […]
China Cancels Trade Talks, Trump Optimistic
In response to Trump’s imposition of more tariffs, China responded with tariffs of its own and walked out of talks. The Wall Street Journal reports China Cancels Trade Talks With U.S. Amid Escalation in Tariff Threats. China scotched trade talks with the U.S. that were planned for the coming days, according to people briefed on the […]
Here Are The Opportunities With Markets At Highs
The stock market continues to trade very efficiently staying within the expected move for 22 out of the last 25 weeks. In this crucial weekend video newsletter update we look at the opportunities this sets up for the rest of the year.
Ripple Ends Its Bear Market With An Impressive Breakout
The recent crypto correction disappointed many crypto investors. However, every correction after a speculative rise comes with a cleanup. We strongly believe that Ripple will be among the winners of this recent ‘catharsis’. Ripple’s spectacular breakout this week is the ultimate proof of this. As per our Ripple price forceast for 2019 we believe that the bear […]
Bitcoin Update – Bullish Pressure Present
If Venezuela or Argentina conducted business in bitcoin then their savings and wealth would be a lot better off. Yes Bitcoin and Litecoin have been volatile over the last few years, but nothing like Bolivar (Venezuela) or the Peso (Argentina). You say they could use the US dollar, yes maybe so, but those who use […]
Here’s Why Should You Buy Financial ETFs
The U.S. stock market is showing strong complacency amid trade fears, with the S&P 500 and Dow Jones hitting new highs. While most of the sectors have been rallying, a few are lagging behind and financials is one of them. However, this seems to be the right time to get into this sector stocks and […]
Upcoming Earnings To Watch: NKE, RAD, BB
U.S. stocks saw a mostly positive week after Wall Street shrugged off early concerns about escalating trade tensions. Investors are still looking with a cautious eye toward next week’s Fed meeting, but with Q3 earnings season on the horizon, it is possible a thaw in the trade war could give way to further gains. New […]
