Watch List Stocks: WY, IPG And BG
Watch list stocks to trade Long Weyerhaeuser (WY) Long Interpublic Group of Cos (IPG) Short Bunge (BG)
Forex Forecast For EURUSD, GBPUSD, USDCAD, USDJPY – Thursday, April 20
Forecast for the EUR/USD currency pair Technical indicators of the currency pair: Prev Opening: 1.07305 Opening: 1.07114 Chg. % of the last day: -0.21 Daily range: 1.07078 – 1.07475 52-week range: 1.0366 – 1.1616 Yesterday, the correction was observed on EUR/USD. At the same time, the price kept a round level of 1.07000, which caused […]
IBM Still Awaits Benefits Of The Turnaround
For the first time in the last five quarters, IBM (NYSE: IBM) missed revenue expectations for the quarter. The market is understandably unhappy, and the stock has plunged more than 5% in the after-hours trading session. IBM’s Financials This was also the 20th consecutive quarter that IBM posted a revenue decline. Revenues for the first quarter […]
EC PAG: Growth, Value And Dividend Growth Hiding In Plain Sight
Introduction Finding attractive investments in the dividend growth space has become a real challenge in today’s overheated market. This is especially true if you limit yourself to looking in the obvious places. Simply stated, you won’t find any bargains today in the Procter & Gambles, Johnson & Johnson’s and Coca-Colas. In other words, the flight […]
April 2017 Philly Fed Manufacturing Survey Declined But Remains Firmly In Expansion
The Philly Fed Business Outlook Survey declined again but remains firmly in expansion. Key elements likewise declined. Analyst Opinion of the Philly Fed Business Outlook Survey There is continuing significant strength in this survey from new orders even with the decline. Note that last month, Federal Reserve data shows manufacturing declined and the regional fed […]
E EUR/USD May See Limited Upside In The Current Rally
We see EUR/USD trading higher, now at 61.8% Fib level where reversal may occur if we consider that there are five sub-waves within wave c, and also resistance of the fourth wave of two lesser degrees. We are waiting on a turndown, below current channel that should then confirm a weaker euro. EUR/USD, 1H
D.R. Horton, Inc. Beats On Q2 Earnings & Revenues
D.R. Horton Inc. (DHI – Free Report) is one of the leading national homebuilders. The company offers a diversified line of homes across various price points through its multi-brand platform. While its Express brand caters to entry-level buyers looking for affordability, its high-end brand, Emerald, targets luxury buyers. Moreover, the company enjoys one of the broadest geographic diversities […]
E Market Briefing For Thursday, April 20
Reflationary impulses have been increasingly muted for months now; no surprise. Whether housing, autos, price-cutting, inventory bloats (like autos) or even mis-positioning by many hedge funds (who then played a catch-up game to get-into sectors benefiting from ‘new American’ focuses on growth) who generally have under-performed the Indexes.. any way one looks at it the […]
S&P 500, FTSE 100, And Nikkei 225 Declining Due To Geopolitical Tension
If you have read our previous report on equities, you would notice that most of the indices that we mentioned did move according to our plan. Most of the global equities continued to retrace to the downside. The retracement comes just right before the earnings season. However, the geopolitical tension played the biggest role in […]
Gold Slammed For 3rd Day As USD/JPY Spikes
A little earlier than the last two days (right before the London Fix)… But gold is suddenly under pressure again this morning as USD/JPY just decided unilaterally to spike bursting beyond 109.00… On heavy volume again… But it does appear the slamming efforts are fading.
