Three Cheap Healthcare Stocks Worth Buying Now
The start of this year has been a wild ride, to say the least. There has been a lot of market volatility, but the S&P 500 is finally close to reaching positive territory in 2016. Don’t settle for breaking even though. Below, we outline three companies in the healthcare sector which have significantly outperformed the […]
U.S. Futures Slide, Crude Under $39 As Dollar Rallies For Fifth Day
Following yesterday’s dollar spike which topped the longest rally in the greenback in one month, the prevailing trade overnight has been more of the same, and in the last session of this holiday shortened week we have seen the USD rise for the fifth consecutive day on concerns the suddenly hawkish Fed (at least as long as […]
The State Of Emerging Markets In The Global Economy
The Bulls May Be Stomping but Not Everyone is Chompin… The decision by the Federal Reserve Bank to maintain interest rates at their current level of 0.25% – 0.50% has had a significant impact on the performance of emerging markets around the world. Of the 63 major stock market indices, it was reported that 28 […]
Gold Price Slumps On Hawkish Remarks From Fed Members, Oil Shrinks
The US dollar continued to bounce back due to risk-off sentiment and profit taking activities before the Easter long weekend. As a result, commodity prices lowered across the board. Oil prices sank after inventory data from U.S. Department of Energy showed a build of +9.36 million barrels for crude oil, much larger than the expected +2.48 million. This depressed prices further […]
Piper Reiterates Sell On PayPal With Apple Expanding Into Mobile Payments
Piper Jaffray analyst Gene Munster reiterates an Underweight rating on shares of PayPal (PYPL) after Re/code reported that it is likely Apple Pay (AAPL) will be made available for mobile in-browser payments by the end of the year. The addition of Apple Pay for mobile in-browser payments will represent the first overlap between Apple Pay […]
Dollar Continues To Recoup Recent Losses
A few short hours stand in the way of the long holiday weekend for many. The capital markets are retracing the recent moves. This means equities and commodities are lower. It means bonds are firmer and the dollar stronger. The markets response to the ECB and FOMC recent meetings was to extend trend moves. However, this entire […]
Financials – Interest Rates & Central Banks
It seems that, after all, the FED was a prognosticator on how best to save the US economy by using unconventional tools. At one point in time, we even thought the FED was playing Dr. Frankenstein by using quantitative easing (QE) to supercharge the stock market. While they could have created an unstoppable monster, it […]
China Sends Fed A Warning: Devalues Yuan By Most In 2 Months
With the USD Index stretching to its longest winning streak of the year, jawboned by numerous Fed speakers explaining how April is ‘live’ (and everyone misunderstood the dovishness of Yellen), it appears that The PBOC wanted to send a message to The Fed – Raise rates and we will unleash turmoil on your ‘wealth creation’ […]
UK Retail Sales Beat Expectations – GBP Recovers
Some good news for the pound: retail sales dropped only 0.4% in February in the headline figures. Core sales also beat by sliding only 0.2% instead of 1%. Year over year, retail sales rose 3.8% as expected but core sales beat with 4.1%. GBP/USD was already front running the release and extends the recovery in […]
E Should Wabtec Continue To Pursue Faiveley Transport?
Wabtec WAB is a leading provider of equipment and services to the global rail industry. Its topWAB line growth has been anemic amid a slowing global economy. The company’s Q4 revenue only grew 1% Y/Y, yet the company trades at 20x earnings. To spur the top line it has been making smaller, bolt-on acquisitions. In […]
