With Harrison Having Switched Trains, Analysts Upgrade CSX, Cut CP
Two railways names linked by a recent executive change – CSX (CSX) and Canadian Pacific (CP) – are on track for weekly advances after each reported quarterly results earlier this week. However, CSX and Canadian Pacific’s reports have sparked different reactions on Wall Street, with analysts upgrading the former to Buy-equivalent ratings and a firm […]
3 Strong Buy Balanced Mutual Funds To Consider
Balanced funds provide investors with the convenience of buying into a single fund rather than holding both equity and bond funds. This category of funds also reduces a portfolio’s volatility, while providing higher returns than pure fixed income investments. The fund managers also enjoy the flexibility of varying the proportion of equity and fixed income […]
Onconova Therapeutics Announces Pricing Of Public Offering Of Common Stock
NEWTOWN, Pa., April 21, 2017 (GLOBE NEWSWIRE) — Onconova Therapeutics, Inc. (Nasdaq: ONTX), a Phase 3 stage biopharmaceutical company focused on discovering and developing small molecule drug candidates to treat cancer, with a primary focus on Myelodysplastic Syndromes (MDS) today announced that it has priced an underwritten public offering of 2,476,190 shares of its common stock, at a […]
14 April 2017: ECRI’s WLI Growth Index Degradation Continues
ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in positive territory for over one year – after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index. ECRI also released their coincident index this week. Analyst Opinion of the trends of the weekly […]
Visa Inc. Beats Handily And Buys Back Shares
The Numbers On Thursday April 20, 2017 Visa Inc. reported their fiscal second quarter earnings after the market closed at 4 p.m. Eastern Standard Time. The company reported $.86 per share which beat the $.76 estimate at Thomson Reuters. Revenue was 4.5 billion dollars versus an estimate of 4.3 billion. And to add the proverbial -icing […]
GLD: A Picture Of Fear
Written by Sean Brodrick Do you want to see a picture of fear? Just look at what’s happening in the world’s largest gold ETF in the chart below. The SPDR Gold Trust (NYSE: GLD) added 11.84 metric tons of gold on April 19. That’s the most since Sept. 6, 2016, and it brought the GLD’s holding […]
What’s In Store For Material ETFs In Q1 Earnings?
The materials sector has been one of the top performing sectors of this year thanks to rebounding commodity prices, positive developments in China, pick-up in global manufacturing activities and improving global trends. Additionally, Trump’s pro-growth policies to revive U.S. manufacturing and rehabilitate the country’s aging infrastructure added to its strength. The President-elect has proposed to […]
EUR/USD Forecast Apr. 24-28
EUR/USD drifted to the upside, driven by the dollar’s weakness. Is there more to come? The big event of the upcoming week is the French elections, followed by the ECB decision. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The latest polls towards the first round of the French […]
Chart Of The Day: (No) Go With The Flow
A lot of folks have a hard time keeping track of flows data and an even harder time interpreting it. Fortunately, we’ve seen at least two instances over the past six weeks of outflows from particular asset classes that are so large as to be idiot-proof in terms of interpretation. Recall the mass exodus from HY last […]
Money In America
In 1830, France was once more swept up in revolution, only this time at the end of it was installed one king to replace another. Louis-Phillipe became, in fact, France’s last king as a result of that July Revolution. The country was trying to make sense of its imperial past with the growing democratic sentiments […]
