Blackstone Shines Again In 3Q
By Kevin Dowd, PitchBook Blackstone has recorded substantial YoY growth for the third quarter running, logging attributable net income of $384.6 million (a 19% improvement compared to 3Q 2016) and economic net income of $834 million (up 21% YoY). That ENI equates to about 69 cents per share, easily exceeding the reported 54-cent estimate of industry […]
RBC Capital: 5 Tech Giants To Buy/Sell Ahead Of Earnings
As we approach earnings season for some of the big tech giants, we take a look at RBC’s cheat sheet to gain a better understanding of how these stocks are set to perform. Here we include words of wisdom from RBC Capital’s Mark Mahaney as well as the bigger picture from the Street. Which ‘Strong Buy’ stocks […]
Ripple: From Super Bullish To Neutral In Less Than A Week
TM editors‘ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. The price of Ripple lost 30 percent in just one week. Although that is impressive for a regular investor, it is ‘more of the same’ in crypto land. Cryptocurrencies are extremely volatile in nature. […]
Market Outlook: S&P 500 Repeats Record Pattern Exactly 19 Years Later
I know this is getting boring, but equities hit new highs yet again with Big Cap Value stocks leading the charge up +1.9% for the week. Thank you, IBM. However, just when you may be thinking it’s just another strong week, the S&P 500 took record breaking to a level not seen since October 16, […]
Three On A Match: US Tax Reform, ECB And Bank Of Canada Meetings
There are many economic reports that will vie for investors’ attention. The flash PMI readings for the eurozone may be the most contemporaneous data, while the UK and US are the first G7 countries to report Q3 GDP. Japan will provide September CPI figures, and the both Sweden’s Riksbank and Norway’s Norges Bank hold policy […]
Exit Polls Project Sweeping Victory, Super Majority For Japan’s Abe
As widely expected, Japan Prime Minister Abe’s ruling coalition is set for a sweeping victory in Sunday’s general election, and may retain the two-thirds parliamentary majority needed to revise Japan’s constitution, according to an NHK exit poll. Shinzo Abe during an election campaign rally in Tokyo, on Oct. 21 Shortly after polls closed at 8pm, […]
GBP/USD Weekly Analysis – Sunday, October 22
GBP/USD trades above a bullish trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the upside movement could be expected to resume and a break of 1.3350 resistance could trigger another rise towards the bearish trend […]
Forex Forecast: Pairs In Focus – Sunday, Oct.22
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Your 401k And IRA In 2018
Recently, the IRS just announced the contribution limits for 401k plans (including 403b and 457 plans) as well as IRAs. Additionally, the IRS also announced changes to the income phase-outs for traditional IRA and Roth IRAs. Let’s start with the 401k plans. For 2018, the IRS increased the contribution limits to $18,500, up $500 from […]
Weekly Trading Forecast: Central Bank News Promises Fireworks
Central banks will command financial markets’ attention in the week ahead, with speeches from top officials including Fed Chair Yellen and a wealth of policy-defining data due. British Pound Forecast: Supported For Now But Politics Hold Sway The British Pound continues to be held ransom by the ongoing Brexit talks although next month’s central bank policy […]
