Wedbush Capital Sees Amazon.com, Inc. Stock Going Up 39% As Margins Surge
Apr 24, 2017Jeremy Parkinson0
Amazon.com, Inc. (NASDAQ: AMZN) caught some very bullish notes this morning from analysts at Wedbush, who see the stock rising an incredible amount over the next year.
Why The Fed Needs To Watch The Bond Yield Curve
Apr 24, 2017Jeremy Parkinson0
There is nothing like uncertainty and speculation to prove everyone wrong! What am I talking about? The bond market is not playing along with the Fed’s statements about a stronger economy. In short, the Fed needs to watch the bond yield curve before any more interest rate hikes are considered. Copyright: rungaroon / 123RF Stock Photo […]
Use This Simple Technique To Make Better Trade Decisions
Apr 24, 2017Jeremy Parkinson0
One of the most important jobs of a market participant is risk management. If you’re unable to identify when your position is wrong, then you shouldn’t be entering a position, to begin with. Would we ever enter a crowded room without identifying where the exits are? I don’t think so. We have the same responsibility […]
Disney’s ESPN Concerns Are Likely Exaggerated: Here’s Why
Apr 24, 2017Jeremy Parkinson0
Disney (DIS) is the world’s largest entertainment company with a market capitalization of ~$183 billion. The company is famous for its well-known characters like Mickey Mouse & Donald Duck, as well as the Star Wars and Marvel cinematic franchises. Disney also owns ESPN, the predominant television channel for professional sports. Lately, Disney’s Media Networks segment […]
CR Bard Inc. To Be Acquired By Becton Dickinson And Co. For $24 Billion
Apr 24, 2017Jeremy Parkinson0
Written by StockNews.com CR Bard Inc. (NYSE: BCR) has agreed to be acquired by fellow medical devices giant Becton Dickinson and Co. (NYSE: BDX) for $24 billion in cash and stock. The merger entails that BCR shareholders will receive $222.93 in cash and 0.5077 shares of BDX stock per Bard share. The total value of the […]
Steel Stocks’ Q1 Earnings Slated On Apr 25: X, ATI, AKS, TX
Apr 24, 2017Jeremy Parkinson0
A number of steel companies are among a barrage of stocks that are slated to report their quarterly numbers on Apr 25.As per the Zacks Industry classification, the steel industry is grouped under the broader Basic Materials sector. Based on the Earnings Preview as of Apr 21, 15% of the sector participants on the S&P 500 index […]
E Why The Market Is At An Inflection Point
Apr 24, 2017Jeremy Parkinson0
A standard chart that we use to help confirm the overall market trend is the Momentum Factor ETF (MTUM) chart. Momentum Factor ETF is an investment that seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks exhibiting relatively higher price momentum. This type of momentum fund is considered […]
The Streak Is Over: Caterpillar Posts First Positive Retail Sales After 51 Months Of Declines
Apr 24, 2017Jeremy Parkinson0
After 51 consecutive months, the dead CAT spell is finally over. On Monday, traditionally just ahead of earnings, Caterpillar reported that in March its world retail sales rose 1% Y/Y, the first increase since November 2012. The reason: Asia/Pacific, also known as China, which saw a 46% surge in total machine sales, up from 39% last month, […]
Le Gap Higher
Apr 24, 2017Jeremy Parkinson0
Market breaks out of bull flag on French Election Results. Not a bad way to start your week, if you are long on the market (and yes, I am long on the market). It all goes back to what I have been saying in these morning writeups, and that is, the market has been far […]
Rankings Remain Bullish On A Promising Q1 Earnings Season
Apr 24, 2017Jeremy Parkinson0
Given all the geopolitical drama and worrisome news headlines – ranging from tensions with Russia and North Korea to “Brexit 2.0” and “Frexit” to uncertainties of Trump’s fiscal stimulus to the looming debt ceiling – it’s no wonder stocks have stalled for the past several weeks. Especially troubling is the notable underperformance since March 1 […]