Adieu Yahoo!
Photo Credit:Piutus/Flickr.com After 21 years of being listed on the stock exchange, Yahoo (Nasdaq: YHOO) recently announced the results for its last quarter as a public company. Once the jewel of the Internet, Yahoo’s story is a remarkable one that proves how continuous mismanagement and lack of focus can drive a company to its demise. Over the […]
Nokia Misses Earnings And Revenue Estimates In Q1 – Thursday, April 27
Nokia Corporation’s (NOK – Free Report) first-quarter 2017 earnings per share of €0.03 (approximately 3 cents) missed the Zacks Consensus Estimate of 4 cents. In the year-ago period, the company had reported earnings of €0.03 (3 cents) per share. Net sales declined year over year (on a comparable combined company basis) to €5.4 billion (approximately $5.73 billion). Moreover, […]
Investor Sentiment Turns More Bullish
Since my post published nearly two weeks ago on widespread market bearishness and a potential indication of a market turning point, the S&P 500 Index has bounced higher by 2.6%. True to form, this overly bearish sentiment was followed by higher equity prices. Also, sentiment has improved with the AAII bullish sentiment reading reported at 38.05% today, a 12 […]
Forex Trading Alert: USD/CAD – Invalidation Of Breakout Or Further Rally?
Earlier today, the greenback moved lower against the Canadian dollar, which pushed USD/CAD below the December high and the previously-broken resistance zone. Is it enough to trigger further deterioration? In our opinion the following forex trading positions are justified – summary: EUR/USD: short (a stop-loss order at 1.1052; the initial downside target at 1.0521) GBP/USD: none USD/JPY: long […]
Trump 100, Margin Debt Stock Bubble And Gold
Stocks and the dollar look vulnerable due to Trump’s policies, America’s civil war politics and economic vulnerability Stock bubble on margin debt – ‘Powerful time bomb’ “There is no alternative” to stock bubble? Gold? Bank Of America sets a date for the market’s “Great Fall” Even uber bull Cramer compares 2000 dotcom bubble bust to […]
Durable Goods New Orders Improved In March 2017
The headlines say the durable goods new orders improved. The unadjusted three month rolling average also improved. Analyst Opinion of the Durable Goods Situation Defense aircraft was main driver this month. This series has wide swings monthly so our primary metric is the three month rolling average which marginally improved. The real issue here is […]
Hold Off On NCS Multistage Holdings’ IPO
NCS Multistage Holdings Inc. (Pending:NCSM) IPO NCS Multistage Holdings filed an S-1/A with the Securities and Exchange Commission for its upcoming initial public offering. The company intends to sell 9.5 million shares at a marketed price range of $15 to $18. It also has an additional 1.425M shares over-allotted as an option for its underwriters. Assuming it […]
Earn A 7.9% Yield From “Uncle Sam”
You almost never hear this business mentioned on CNBC, but it has quietly made a small group of people rich. Each year, the General Services and Administration Department dolls out $21.0 billion to keep the federal government humming. The biggest hole in their budget? Rent. While “Uncle Sam” might own a lot of property, he’s […]
E AUD/NZD Trading In Five Wave Of An Impulse
On the intraday chart of AUDNZD we see price trading in potential wave 5), meaning we can expect a corrective reversal to show up in the near-term. The current rise may stop around the first region of resistance around the 61.8 Fibonacci ratio, or if price continues strong then around the 100.0 Fibonacci projection target. […]
American Airlines Group Beats On Q1 Earnings
American Airlines Group (AAL – Free Report) came into existence following the Dec 2013 merger of AMR (American Airlines’ parent group) and US Airways. The Fort Worth, Texas based company serves customers with more than 6,700 daily flights in more than 50 nations across the globe. American Airlines Group has a healthy track record with respect to earnings. […]
