Beat French Election Fears With 4 Euro Value Picks
This Sunday will witness the first round of voting in a French presidential election, which is likely to determine the future of the entire Eurozone. Belying initial indications, the contest has thrown up two surprise contenders on two extreme ends of the political spectrum. A victory for either candidate threatens to rupture the fabric of […]
Whitestone REIT Announces Pricing Of Public Offering Of Common Shares
HOUSTON, April 20, 2017 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE:WSR) (“Whitestone”), announced today that it has priced a public offering of 7,000,000 of its common shares at a public offering price per share of $13.00, for net proceeds of approximately $87.23 million after deducting the underwriting discount and commissions and estimated offering expenses payable by Whitestone.In […]
Sherwin-Williams Co. Ups Outlook As Q1 Earnings Beat Estimates
Written by StockNews.com Sherwin-Williams Co. (NYSE: SHW) early Thursday posted better than expected first-quarter earnings results and boosted its full-year guidance, as sales at its namesake stores continue to rise. The Cleveland-based paint and coatings maker reported: adjusted Q1 earnings per share (EPS) of $2.27, which was $0.19 better than the Wall Street consensus estimate of […]
Cable, Crude And Gold: Price Action Setups
Cable Rally Testing One of the more noteworthy events thus far on the week was the surprise announcement from British PM, Theresa May, of early general elections. The move has largely been applauded by analysts as a cogent political move ahead of what’s expected to be a terse negotiation around Brexit; but for traders and […]
State Of Dollar Bull Market
The Federal Reserve’s real broad trade-weighted dollar fell for the first three months of 2017, and the greenback’s heavy tone this month has raised questions about the state of the bull market. Despite this recent weakness, we think the bull market is intact and that the advance will resume. In the February through April […]
Goldman Presents A Perfect Storm For S&P 500 Valuations
Anyone remember the chart in the right pane below? (Goldman) You’ll note there’s something particularly unnerving (well, if you’re long it’s unnerving, if you’re on the sidelines it’s pretty funny) there. Specifically, note the part of the table that says “current bull market split between two phases.” See where Goldman breaks down the percent of […]
Venezuela Seizes General Motors Car Plant
While the US has a habit of invading or attacking sovereign nations any time the president’s approval rating dips below a certain threshold, Venezuela has a similar, if less dramatic mechanism to provide a brief boost to Maduro’s popularity: it nationalizes foreign plants on its soil. It did so last July when the country was once […]
Travelers (TRV) Q1 Earnings Miss, Revenues Beat Estimates
New York based The Travelers Companies, Inc. (TRV – Free Report) is one of the leading writer of auto and homeowners’ insurance through independent agents as well as writer of commercial U.S. property-casualty insurance. Travelers’ impressive inorganic growth story bodes well for long-term growth. While its prudent acquisitions help to expand in the attractive and growing market place […]
Silver Prices Slide Lower- Support Targets View
Silver Daily Technical Outlook: Silver prices have continued to trade within the confines of an impressive, well-defined ascending pitchfork formation extending off the November / December lows. The precious metal failed to hold above key resistance this week on building bearish divergence at 18.33/37 – a region defined by the 50% retracement of the July decline & the […]
How To Outperform – It Starts With…
With the stock market waiting on both earnings and the economy to improve in order to justify current valuation levels, it would appear that traders are basically trying to decide which way to go from here. (IMO, a meaningful break below 2320 would embolden the bears while a move above 2400 would reinvigorate the bulls.) […]
