Are Stocks Cheap Or Expensive?
The biggest question investors focused on earnings are trying to answer is how the gap between small cap and large cap firms’ margins will be closed. Either large cap firms will have their margins fall off the peak or small cap firms will see their margins rise to the 2013 peak. It’s possible that the […]
Amgen Inc. Lifts Low End Of EPS Outlook Amid Mixed Q1 Earnings
Amgen, Inc. (NASDAQ: AMGN) Wednesday posted mixed first quarter earnings and lifted the low end of its 2017 profit outlook, as it continues to struggle to produce meaningful revenue gains amid a harsh regulatory environment.
Markets Consolidate
After two days of gains it was time for consolidation in markets. The Russell 2000 didn’t get this memo and added a third day of gains managing a new closing high. The S&P finished with a doji which tagged all-time high resistance. Technicals haven’t changed from yesterday and relative performance has continued to weaken. The […]
Exchange Traded Fund (ETF) Definition: Day Trading Terminology
An exchange traded fund, or ETF, is a marketable security tracking bonds, commodities or other baskets of assets, such as an index fund. Unlike a mutual fund, ETFs trade just like the shares of an equity stock on stock exchanges. An Exchange Traded Funds will undergo price changes over time as they are traded on the market. They […]
How Long Can This Last? One Simple Reason To Favor Overseas Stocks Vs The S&P
It’s pile on time when it comes to Wall Street telling you why you should prefer pretty much any equity market in the world to US stocks. To be sure, that’s not necessarily meant to be disparaging towards the people churning out this research. All you have to do is look at your favorite multiple […]
GDX ETF Looking Bearish, Ready To Fall 25 Pct
Gold has lost 1.5 pct since the close last week. The French election outcome supported risk assets, and traditional safe havens like gold, Treasuries and the Yen got sold. InvestingHaven’s research team forecasted that both gold was close to a new bullish or bearish trend, based on the chart setup seen in the article. Just three weeks after that […]
Las Vegas Sands Corp. Q1 Profit Beats As Revenue Matches View
Las Vegas Sands Corp. (NYSE: LVS) Wednesday posted solid first quarter earnings results, as it continues to invest heavily in overseas gaming.
Massive Shifts In ETF Relative Strength
Two weeks ago, we noted that compression in the momentum scores often precedes and precipitates massive shifts in ETF relative strength. This week, we can see these compression-induced changes playing out in the rankings. French election results pushed all of Europe higher, Technology moves to the top of the sector rankings, and Momentum continues to be […]
Melco Resorts & Entertainment – Time To Cash In Your Chips
Source: Melco Crown Entertainment We are closing out our bullish call on Melco Resorts & Entertainment (MLCO) and are moving to a neutral posture. Since we made our bullish call on MLCO 2 months ago, the stock has appreciated from $16.06 to a recent price of $21.70, for a gain of about 35%. While we […]
