Category Archive: Finance, No picture
Oil Market Update – Monday, August 6
By the end of next year, the United States is set to become the world’s biggest oil producer. Once you grasp this, you understand that it has an incentive to promote higher oil prices, both to further its own oil industry and to generate big fat profits for the oil majors and bulging bonuses for […]
4 ETFs In Focus Post July Jobs Data
Hiring in America cooled down in July but remained in an expansionary mode. The economy added 157,000 jobs, falling short of analysts’ expectation of 195,000 as surveyed by MarketWatch. This marks the lowest reading since March. However, the shortfall is well accompanied by upward revisions to May and June numbers from 244,000 to 268,000 and […]
Marriott International (MAR) Q2 Earnings Top Estimates
Marriott International (MAR – Free Report) just came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 27.21%. A quarter ago, it was […]
Deflationary Decade(s)
I’ve seen a lot of commentaries lately describe conditions as if things are calmed down. There was a bit of growth scare, a little T-bill indigestion earlier in the year. The Chinese are somehow both stimulating their export sector by devaluing CNY, and also controlling the price of gold while they do it. The contradictory […]
E Sunday File And Double Dutch
The Monday Barron’s was short on closed-end fund data but long on Royal Dutch Shell, a dual national share which trades no less than 4 ways in the USA. On the Big Board, we have RDS-A and RDS-B, respectively the Dutch and British versions of the share, both equal to two shares in Europe. Your broker may use something other […]
Weight Watchers Falls Despite Raising Full-Year Guidance
CNBC’s Leslie Picker reports quarterly earnings from Weight Watchers.
GBP/USD Rate Eyes Fresh 2018-Lows As Bearish Series Takes Shape
BRITISH POUND TALKING POINTS The British Pound extends the decline following the Bank of England (BoE) meeting, with GBP/USD at risk of exhibiting a more bearish behavior over the days ahead as it carves a series of lower highs & lows. GBP/USD RATE EYES FRESH 2018-LOWS AS BEARISH SERIES TAKES SHAPE Renewed fears surrounding Brexit appears to be […]
DXY Index Approaches Consolidation Resistance Near Yearly Highs
Talking Points: – The DXY Index is quickly approaching breakout territory after having traded in a sideways congestion over the past six weeks. – Unless trade war concerns flare up again, there’s nothing meaningful on the calendar until Friday’s July US Consumer Price Index that is of material interest to the US Dollar. – Retail traders are have faded both EUR/USD and GBP/USD losses, […]
Arista To Pay Cisco $400M To Resolve All Pending Litigation
Arista Networks (ANET) disclosed that it entered into a binding term sheet with Cisco Systems (CSCO) which, upon execution of a final agreement, will result in the dismissal of all pending district court and International Trade Commission litigation between the parties. Under the binding term sheet, Arista will pay Cisco $400M by August 20. Cisco […]
