Busy Fed Day: Potential Winners And Losers
The market is tense toward the decision of the Federal Reserve. Yellen is expected to strike a more dovish tone and her colleagues are likely to lower the path of rate hikes in the dot plot. But is this already priced in for quite some time? It seems that only extreme dovishness can really hurt […]
Deutsche Thinks Chipotle Shares Should Trade Closer To $400
Deutsche Bank analyst Karen Short says a turnaround for Chipotle Mexican Grill (CMG) is still “down the road” after the company released an intra-quarter same-store-sales update. Although March started to gain some momentum following Chipotle’s promotional blitz, another food scare within the Boston marketplace weighed on results once again as the most recent week’s same-store-sales […]
EU Bullet Report – Be Prepared For The Volatility Today
UK Annual Budget Release at 12:30GMT: The market expects Chancellor George Osborne to set out £4bn in extra spending cuts and to announce investment in the UK’s infrastructure. GBP/USD is looking bearish at the moment as is trading below 1.4250. Trading Central prefers short positions on GBP/USD below 1.4200 with targets @ 1.4025 & 1.3985 in extension […]
WTI Crude Oil And Natural Gas Forecast – 3/16/2016
WTI Crude Oil The WTI Crude Oil market fell during the course of the session on Tuesday, testing the $36 level. If we can break below here, I feel that the market should then go down to the $34 level next, and then beyond that. The market as you can see struggled quite a bit […]
Four Winning Stocks In Top Ranked Industries
Finding the latest and greatest industry is not easy and many investors are often late to the party. When a company is hot, other stocks in the sector will typically move in sympathy with that companies stock. This momentum can lead to strength in an entire sector. The Zacks Industry rank gives investors a clear […]
All Eyes On Yellen: Futures Flat Ahead Of Fed Meeting Expected To Usher In More Rate Hikes
Today Janet Yellen and the FOMC will go back to square one and try to reset global expectations unleashed by the ill-fated December rate “policy mistake” hike, when at 2pm the Fed will announce assessment of the economy (even if not rate hike is expected today) followed by Yellen press conference half an hour later. […]
GBP/USD To Face Larger Rebound On Upbeat U.K. Job/Wage Report
– U.K. Jobless Claims to Contract for Fourth Consecutive Month. – Average Weekly Earnings ex. Bonus to Climb to Annualized 2.1%- Highest Since September. Trading the News: U.K. Jobless Claims Change Another 9.1K decline in U.K. Jobless Claims paired with signs of stronger wage growth may heighten the appeal of the British Pound and spur a near-term […]
S&P 500 And Nasdaq 100 Forecast – March 16, 2016
S&P 500 The S&P 500 fell during the course of the session on Tuesday, testing the 2000 region and finding plenty of support. The fact that the market turned back around and bounced to form a hammer suggests that the market looks ready to turn around and perhaps continue higher. Because of this, the market […]
Euro/Dollar Stabilized At 1.11 Before FOMC
Yesterday’s Trading: On Tuesday the euro/dollar spent the day in a sideways trend with a 50 point range. The euro received support from the euro/pound which was up sharply after the publication of a survey by the Telegraph. The survey showed that 49% of those asked would like the UK to leave the EU, with […]
EC Bullish Momentum Powers US Utility Stocks In 2016
If the crowd’s worried about the possibility of rising interest rates, the anxiety isn’t showing up in utility stocks. This interest-rate sensitive corner of equities is comfortably in the lead among US sectors, based on a set of ETF proxies. The Utilities Select Sector SPDR ETF (XLU) is ahead by more than 13% in total-return […]
