EUR/USD: Trading The First Round Of French Elections – BTMU
EUR/USD is holding its breath but beginning to show signs of worry towards the French elections. What’s the trade? Here is their view, courtesy of eFXnews: Going into the first round of the French elections on Sunday, BTMU FX Strategy Research’s base case for a higher EUR is mainly based on the assumption that neither Le […]
March 2017 Headline Existing Home Growth Pace Quickens
The headlines for existing home sales growth pace declined improved saying “finding available properties to buy continues to be a strenuous task for many buyers, there was enough of a monthly increase in listings in March for sales to muster a strong gain”. Our analysis of the unadjusted data agrees. Analyst Opinion of Existing Home […]
Watch List Stocks: NFLX, BERY And BWA
Watch list stocks to trade Long Netflix (NFLX) Long Berry Plastics Group (BERY) Short BorgWarner (BWA)
Quick Take: Hope Still In Play
In case there are any questions about what is moving the stock market, yesterday’s rally should have cleared things up. Yes fans, expectations for the Trump Administration to effect changes to the tax code remains a primary driver of stock prices. With the market teetering on the brink of an important technical breakdown (I’m of […]
For AliBaba, It Is About Mobile Payments
Photo Credit: hinglish Notes/Flickr.com If there was any worry that the Chinese e-commerce player Alibaba (NYSE: BABA) would be impacted by the result of the Presidential election in the US, it has been laid to rest. Alibaba continues to outperform market expectations and deliver stellar growth. And now, it is shifting gears on its payment affiliate […]
Johnson & Johnson: Modest Price Decline Presents Buying Opportunity
Johnson & Johnson (JNJ) is one of the most stable businesses around. The company’s statistics are impressive: 33 years of consecutive earnings-per-share growth (currency-adjusted) The lowest stock price volatility of any Dividend Aristocrat One of only two companies to hold the coveted AAA credit rating from Standard & Poor’s (the other being Microsoft (MSFT)) The third most popular dividend growth stock among […]
Existing Home Sales Soar To 10-Year Highs
Following February’s 3.9% drop, March existing home sales roared back (up 4.4% MoM – the fastest growth since Dec 2015) to the highest since Feb 2007 at 5.71 million SAAR. Inventories tumbled (for the 22nd month in a row) and prices rose (for the 61st month in a row) as affordability issues remain ignored (for now). […]
A Big Week For The Euro Awaits: Beware The Gap-Risk
On Sunday, we’ll begin to hear the results from the first round of French elections with polls beginning to report at around 8PM in Paris (2PM in New York). This is a few hours ahead of market open, so be extremely careful with gap risk over the weekend with any asset attached to the Euro. This […]
SunTrust Banks Q1 Profit & Revenue Top Expectations Amid Higher Rates
SunTrust Banks, Inc. (NYSE: STI) early Friday posted market-beating first quarter earnings results, as the company benefitted from higher interest rates.
Rockwell Collins Tops Q2 Earnings & Revenue Estimates
Rockwell Collins Inc. (COL – Free Report) is the foremost global supplier of communications and avionics equipment for both commercial and military customers. It follows a strategic acquisition program. Apart from its acquisition-driven growth strategy, Rockwell Collins remains focused to expand its product and service offering through continuous investments in research and development activities. However, dependence on international […]
