Gold Shines Into Weekend, Dollar Slips While Pound Yawns


Open your FXTM account today Open your FXTM account today Open your FXTM account today Escalating trade tensions and renewed concerns over slowing global growth fuelled risk aversion mid week which sent prices above the 1290 level Although gains were later surrendered the (More)

The Week Ahead – Brexit, Economic Data and Trade in Focus

On the Macro On the MacroOn the Macro For the Dollar For the Dollar It s a 160 quiet 1 st half of the week with key stats limited to import and export price figures Barring a material uptick in import prices the figures will likely have a muted impact on the Dollar It s a quiet (More)

No Progress on Trade. It’s Back to the Safe Havens

Earlier in the Day Earlier in the Day Home loan figures out of Australia were the only key data for the markets to consider through the Asian session Home loan figures out of Australia were the only key data for the markets to consider through the Asian session For the Aussie Dollar For (More)

Pricing Headwinds Will Likely Continue To Impact Western Digital's Near Term Growth

Western Digital s 160 WDC stock price has seen over 20 gains year to date This can be attributed to expected improvement in earnings after a sharp decline in the recent quarters partly led by pricing headwinds However the stock price seems to be trading at a very low multiple of (More)

Tableau's Revenue Grow But Miss Consensus, Continuous Expansion To Fuel Growth?

Tableau Software 160 DATA 160 announced its Q1 2019 results on May 2 2019 followed by a conference call with analysts The company missed consensus for revenue which was recorded at 282 8 million up by 160 14 7 y o y The increase was driven largely by customer expansion (More)

Goldman Sachs' Shares Have Sizable Upside Potential Despite Expected Pressure On Its Top Line

Per Trefis estimates Goldman Sachs GS stock is worth 230 which is 15 higher than the current market price Our price estimate is based on a P E multiple of 9 3x and an EPS estimate of 24 67 for FY 2019 We have summarized our full year expectations for Goldman Sachs in our (More)

Trump, Twitter, And The Trade War: How To Bring Down A Market

U.S. equities were slammed on the first two trading sessions of the week after President Trump, seemingly out of the blue, took to Twitter and threatened to dramatically escalate China tariffs.  On Sunday morning, Trump threatened to ratchet up current  tariffs on Chinese goods from 10 percent to 25 percent before (More)

Health Care Sector Update for 05/10/2019: PBYI, TRXC, VSTM, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks Top Health Care Stocks JNJ FlatJNJ Flat PFE 0 03 PFE 0 03 ABT 0 54 ABT 0 54 MRK FlatMRK Flat AMGN 0 08 AMGN 0 08 Health care heavyweights were mixed in pre market trading Friday Health care heavyweights were mixed inpre market trading Friday (More)

First Quarter 2019 Review of the Long/Short Equity Hedge Fund Space

By Kevin Hurd and Steve Togher for Cross Shore Capital Management Equity markets rebounded sharply in the first quarter following a pivot by the Federal Reserve to a more dovish stance and an easing of global trade tensions. The S&P 500, Nasdaq, and Russell 2000 indices rose 13.6%, 16.5%, and 14.6%, respectively, (More)

What History Can Teach Us About Uber's (UBER) IPO

The long-awaited, eagerly anticipated Uber ( UBER ) IPO is upon us, and with it comes a plethora of historical comparisons. “Biggest since” and “most hyped since” are common phrases this morning, along with several others that attempt to put this offering in some historical perspective. That is all very interesting, (More)

Uber, CPI & 25% Tariffs: A New Market Emerging?

Friday May 10 2019 We see an eventful Friday in the markets today with the most hotly anticipated U S based IPO in 7 years new economic data and oh yeah a new stage to the U S China trade war about to take effect Pre market futures are down again this morning and look to (More)

Stock Market News For May 10, 2019

Wall Street closed sharply lower on Thursday as investors wait on the sidelines for U S tariffs to be hiked on Chinese goods Although trade negotiations continued between the United States and China no sign of a breakthrough is visible as of now All three major stock indexes finished in (More)

3 Big Stock Charts for Friday: Simon Property Group, Cardinal Health and Northrop Grumman

InvestorPlace Stock Market News Stock Advice amp Trading Tips Once again the bulls managed to push stocks back off their intraday lows but once again it didn t really matter Even with its close near the high of the day the S amp P 500 still ended Thursday down to the tune 0 3 (More)

Friday’s Vital Data: Intel, Roku and Amazon

InvestorPlace Stock Market News Stock Advice amp Trading Tips U S stock futures are trading lower after President Trump made good on his threats to increase tariffs against China The U S raised duties from 10 to 25 on 200 billion of Chinese goods Against (More)

Health Care Sector Update for 05/10/2019: TRXC, PBYI, VSTM, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks Top Health Care Stocks JNJ 0 50 JNJ 0 50 PFE 0 34 PFE 0 34 ABT 0 72 ABT 0 72 MRK 0 79 MRK 0 79 AMGN 0 93 AMGN 0 93 Health care stocks extended losses into Friday afternoon trading including a 0 6 decline in the NYSE Health Care Index Shares (More)

Futures Fall, Higher Tariffs Go Into Effect, Chinese Markets Surge

The U S Futures Are Down On Trade WoeThe U S Futures Are Down On Trade Woe The U S futures trade was indicating a lower open for the major indices on Friday The broad market S amp P 500 was in the lead with a loss of 0 50 while the Dow Jones Industrials and NASDAQ Composite were close (More)

Health Care Sector Update for 05/10/2019: JNJ, PFE, ABT, MRK, AMGN, GENE, PIRS, TGTX

Top Health Care StocksTop Health Care Stocks JNJ 0 3 JNJ 0 3 PFE 0 2 PFE 0 2 ABT 0 2 ABT 0 2 MRK 0 3 MRK 0 3 AMGN 0 6 AMGN 0 6 Health care stocks were mixed just ahead of the close of Friday s session including a 0 2 rise in the NYSE Health Care Index NYP Shares (More)

Market Close Report: NASDAQ Composite index closes at 7,916.94 up 6.35 points

Friday s session closes with the NASDAQ Composite Index at 7 916 94 The total shares traded for the NASDAQ was over 2 34 billion Friday s session closes with the NASDAQ Composite Index at 7 916 94 The total shares traded for the NASDAQ was over 2 34 billion Advancers stocks led declining by 1 (More)

Forex Daily Recap – Poor CPI Data Pushed Down the Greenback Near 97.14 Weekly Low Levels

US Dollar IndexUS Dollar Index This week the Greenback had tried best to stay steady within 97 40 70 levels amid rising trade concerns Needless to say the Index lost hold of the consistent zone yesterday The Index explored furthermore downside in today s session At around 12 30 GMT the (More)

Detailed Look at Q1 Earnings Season

Note The following is an excerpt from this week s Earnings Trends 160 report You can access the full report that contains detailed historical actual and estimates for the current and following periods 160 please click here gt gt gt Here are the (More)

Can Deleveraging Help Vale Offset Lower Iron Ore Production In Q1 2019?

Vale VALE is set to announce its Q1 2019 results on May 9 2019 followed by a conference call with analysts the next day Vale s total revenue has continuously increased over all four quarters of 2018 primarily driven by a strong growth in pellet shipments and premium pricing (More)

Trade Talks Are Set to Resume Today – Expect some Vol

Earlier in the Day Earlier in the Day It was a relatively quiet day on the economic calendar through the Asian session this morning April house price figures out of the UK and China inflation numbers were the only stats for the markets to consider It was a relatively quiet day on the (More)

Health Care Sector Update for 05/09/2019: ABIO, AGEN, ENDP, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks Top Health Care Stocks JNJ 0 48 JNJ 0 48 PFE 1 47 PFE 1 47 ABT FlatABT Flat MRK 1 48 MRK 1 48 AMGN 0 67 AMGN 0 67 Health care majors were flat to lower pre market Thursday Health care majors were flat to lower pre market Thursday Early (More)

Reg NMS for Dummies

Shutterstock photo A lot of the microstructure debate centers around “Reg NMS.” But what is Reg NMS? And what are those rule numbers people quote? Well, Reg stands for Regulation and NMS stands for National Market System. It was introduced in 2005 and became law in 2007. NMS helped investors in an already (More)

AMD Stock Is A Long-Term Winner Facing Short-Term Uncertainty

InvestorPlace Stock Market News Stock Advice amp Trading Tips In another sign of the company s rising clout Advanced Micro Devices 160 NASDAQ AMD won a major contract to provide the processing power for what will likely become the world s fastest supercomputer (More)

3 Big Stock Charts for Thursday: Xerox, Cboe Global Markets and Vornado Realty Trust

InvestorPlace Stock Market News Stock Advice amp Trading Tips It was back and forth all day long on Wednesday but when all was said and done neither side could make a solid commitment The S amp P 500 s loss of 0 16 left it at 2 879 42 or right in the middle of its daily range A (More)

Chevron Taps Out on Anadarko, Plus Jobless Claims

Thursday May 9 2019 In pre market news this Thursday Chevron CVX has announced it will not pursue a higher bid to attain Anadarko Petroleum APC an oil and gas producing major heavily invested in the Permian Basin now the biggest oil producing region in the world A counter bid (More)

Stock Market News For May 9, 2019

Wall Street closed mostly lower on Wednesday as trade tensions between the United States and China lingers No clear cut picture has emerged so far as to whether a trade deal is at all possible The S amp P 500 and Nasdaq Composite continued their losing streak while the Dow just managed to (More)

Trade Deal Broken, Global Equities Fall, The Bear Is Back

The U S Futures Fall After Trump Declares Trade Deal BrokenThe U S Futures Fall After Trump Declares Trade Deal Broken Trump speaking before a rally in Florida has declared the Trade Deal broken He says China has broken the deal and tariffs are going to be raised on Friday Conversely (More)

Thursday’s Vital Data: Disney, Lyft and Electronic Arts

InvestorPlace Stock Market News Stock Advice amp Trading Tips U S stock futures continue to be ravaged by bears this morning The latest selling salvo came following President Trump stating that China broke the deal The trade war has officially thrust itself back into (More)

Trade of the Day: Microsoft Stock Is Overbought and Heavy

InvestorPlace Stock Market News Stock Advice amp Trading Tips Microsoft NASDAQ MSFT has been a rocket stock for years now and for 2019 MSFT stock had another vertical blastoff rally Although the stock has pulled back a few percentage points in recent days in my (More)

Health Care Sector Update for 05/09/2019: BIO,AGEN,ABIO

Top Health Care StocksTop Health Care Stocks JNJ 1 02 JNJ 1 02 PFE 0 54 PFE 0 54 ABT 0 28 ABT 0 28 MRK 0 10 MRK 0 10 AMGN 0 10 AMGN 0 10 Health care stocks were falling again including a more than 0 3 decline for the NYSE Health Care Index in Thursday trading Shares of health (More)

Health Care Sector Update for 05/09/2019: AMRX,BIO,AGEN,ABIO

Top Health Care StocksTop Health Care Stocks JNJ 0 81 JNJ 0 81 PFE 0 27 PFE 0 27 ABT 0 14 ABT 0 14 MRK 0 28 MRK 0 28 AMGN 0 23 AMGN 0 23 Health care stocks fell in late trade including an almost 0 3 decline for the NYSE Health Care Index in Thursday trade Shares of health (More)

Market Close Report: NASDAQ Composite index closes at 7,910.59 down -32.73 points

Thursday s session closes with the NASDAQ Composite Index at 7 910 59 The total shares traded for the NASDAQ was over 2 51 billion Declining stocks led advancers by 1 48 to 1 ratio There were 1264 advancers and 1865 decliners for the day On the NASDAQ Stock Exchange 23 stocks reached a 52 (More)

Health Care Sector Update for 05/07/2019: PINC,CPRX,HSIC,REGN,SNY

Top Health Care StocksTop Health Care Stocks JNJ 2 05 JNJ 2 05 PFE 2 42 PFE 2 42 ABT 3 48 ABT 3 48 MRK 2 47 MRK 2 47 AMGN 2 36 AMGN 2 36 Health care stocks retreated Tuesday including a 2 0 decline for the NYSE Health Care Index while shares of health care companies in the S amp (More)

Market Close Report: NASDAQ Composite index closes at 7,963.76 down -159.53 points

Tuesday s session closes with the NASDAQ Composite Index at 7 963 76 The total shares traded for the NASDAQ was over 2 49 billion Declining stocks led advancers by 3 27 to 1 ratio There were 737 advancers and 2411 decliners for the day On the NASDAQ Stock Exchange 27 stocks reached a 52 (More)

5 Must-See Stock Charts for Wednesday: O, AGN, BA

InvestorPlace Stock Market News Stock Advice amp Trading Tips The stock market largely dodged a bullet on Monday but it wasn t so lucky on Tuesday Indices were hammered on the day with many falling almost 2 What does that mean for individual stocks Let s see some must (More)

Forex Daily Recap – Turkish Lira Plunged Amid Political Turmoil Pushing the USD/TRY to 2019 Highs

AUD USDAUD USD The Aussie pair rang the Tuesday morning bell near 0 6993 levels The pair displayed a decent performance in the early hours after some positive AUD specific events 160 The March MoM AUD Retail Sales came around 0 1 percent higher than the estimates near 0 2 percent Also (More)

Did Revenues For Symantec's Consumer Security Arm See Any Growth In The Most Recent Quarter?

Symantec 160 SYMC reports its fiscal fourth quarter earnings on May 9 and we expect the company to end its fiscal year on a good note Besides understanding how the company s two reporting segments have fared in the previous quarter we will be 160 looking closely at management (More)

Will Honda's Revenue Grow In Q4 2019?

Honda Motor Co HMC the Japanese Auto maker is 160 set to announce its Q4 2019 ended March 2019 results on May 8 2019 followed by a conference call with analysts The market expects the company to report revenue close to 145 billion in FY 2019 ended March 2019 which would be (More)

What To Expect From New York Times' Q1?

New York Times 160 NYT is scheduled to announce its fiscal first quarter results on Wednesday May 8 In 2018 the company s overall revenues grew 4 y o y 160 to 1 7 billion driven by a 20 y o y growth in digital only subscription revenues NYT reported unprecedented growth (More)

The RBNZ Slashes the Kiwi as Trade Talk Jitters Linger

Earlier in the Day Earlier in the Day It was a relatively busy Asian session this morning Key stats released during the Asian session included April trade data out of China and retail sales figures out of the UK It was a relatively busy Asian session this morning Key stats released during (More)

Disney (DIS) 1st Quarter Earnings: What to Expect

Shutterstock photo Can shares of Disney ( DIS ), which have risen 32% in twelve months, surge another 30%? According to BMO Capital analyst Daniel Salmon, that’s exactly what will happen. The media conglomerate will report second quarter fiscal 2019 earnings results after Wednesday’s closing bell. Ahead of the (More)

Trade War Obsession: Can China’s Top Negotiator Tame the Lion?

The global equity markets are looking to shake off the anxiety that left the Dow with close to a 500 point drop on Tuesday and the European majors deep in the red The global equity markets are looking to shake off the anxiety that left the Dow with close to a 500 point drop on Tuesday and (More)

Investors Need to Watch Turkish Lira Very Closely, EM Currency Outlook Hangs in Balance on Yuan’s Next Move

Open your FXTM account today Open your FXTM account today Open your FXTM account today Recent history is repeating itself for the Turkish Lira and the reaction in the currency following the decision from the election board to re run the Istanbul mayoral election means that we can (More)

Health Care Sector Update for 05/08/2019: INGN, NVTA, MCK, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks Top Health Care Stocks JNJ 0 01 JNJ 0 01 PFE 0 22 PFE 0 22 ABT FlatABT Flat MRK 0 12 MRK 0 12 AMGN 0 39 AMGN 0 39 Leading health care stocks were mixed in Wednesday s pre market trading Leading health care stocks were mixed in Wednesday spre (More)

Stock Market News For May 8, 2019

Wall Street closed sharply lower on Tuesday as the trade conflict between the United States and China intensified further Comments from top U S government officials raised concerns about a fresh tariff war which could dent investor confidence in risky assets like equities All three major (More)

3 Big Stock Charts for Wednesday: Salesforce.com, DISH Network and F5 Networks

InvestorPlace Stock Market News Stock Advice amp Trading Tips Much like Tuesday s action Wednesday saw a rough start for stocks Unlike Tuesday though the market wasn t able to make anywhere near the kind of recovery it made the day before Yesterday the S amp P 500 fell 1 65 (More)

U.S.-China Trade Talks Continue, Earnings Season Marches On

Wednesday May 8 2019 No major economic data is expected before today s opening bell and tensions persist over the current stage in the U S China trade war As a result we re seeing pre market futures down for a third straight session Chinese officials arrive in Washington DC today (More)

Blindsided Reminder to Expect the Unexpected From Trump’s Twitter Feed Wakes up Period of Historic Calm in Volatility

The period of historic calm across global financial markets is staring at the prospect of a rude awakening after US President Donald Trump unexpectedly raised the stakes in trade talks with China by threatening to increase tariffs even further as early as the end of the coming week The period (More)

Health Care Sector Update for 05/06/2019: ESPR, AXSM, CANF, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks Top Health Care Stocks JNJ 1 05 JNJ 1 05 PFE 0 89 PFE 0 89 ABT 1 83 ABT 1 83 MRK 1 54 MRK 1 54 AMGN 1 10 AMGN 1 10 Monday pre market saw lower health care majors Monday pre market saw lower health care majors Stocks moving on news include (More)

Stock Market News For May 6, 2019

Wall Street closed sharply higher on Friday reversing the two previous session s losses following the release of strong labor market data All three major stock indexes finished in the green However for the week as a whole both the S amp P 500 and Nasdaq Composite ended in positive (More)

Trump's Latest Trade Tweets May be Damaging Politically But Investors Should Ignore Them

Shutterstock photo There is an old, reputedly Russian, fable about a scorpion and a frog. In it, the scorpion is trying to cross a river and attempts to enlist the frog’s help. The frog is at first afraid that the scorpion might sting it but is convinced when he points out that if he did, they would both die. (More)

The Tweet Heard 'Round the World: Pre-Market Futures Down

Monday May 6 2019 American investors woke up to pre market futures down significantly including 400 point on the Dow 30 index The reason directly stems from a series of tweets Sunday by President Trump who announced a 25 hike in tariffs on 200 billion in Chinese goods coming to (More)

No Deal with China? Trump Reversed Markets

The news caused consternation among traders and the start of trading on Monday was marked by a sharp increase in demand for defensive assets Earlier the markets priced in the signing of a trade deal which was to take place already on this Wednesday and become the formal end of a trade (More)

Monday’s Vital Data: Alibaba, Amazon and U.S. Steel

InvestorPlace Stock Market News Stock Advice amp Trading Tips U S stock futures are trying to find their footing after a nasty open Sunday night The weekend plunge came in response to President Trump threatening to hike tariffs on imported goods from China Jittery (More)

Health Care Sector Update for 05/06/2019: BHC,ESPR,HMSY

Top Health Care StocksTop Health Care Stocks JNJ 0 87 JNJ 0 87 PFE 0 09 PFE 0 09 ABT 0 93 ABT 0 93 MRK 1 16 MRK 1 16 AMGN 0 94 AMGN 0 94 Health care stocks were falling in recent trade including a nearly 0 7 decline for the NYSE Health Care Index this afternoon Shares of (More)

Health Care Sector Update for 05/06/2019: PODD,BHC,BHC.TO,ESPR,HMSY

Top Health Care StocksTop Health Care Stocks JNJ 0 13 JNJ 0 13 PFE 0 71 PFE 0 71 ABT 0 51 ABT 0 51 MRK 0 35 MRK 0 35 AMGN 0 17 AMGN 0 17 Health care stocks were rising in late trade reversing their mid day decline At last look the NYSE Health Care Index was climbing nearly 0 (More)

Market Close Report: NASDAQ Composite index closes at 8,123.29 down -40.71 points

Monday s session closes with the NASDAQ Composite Index at 8 123 29 The total shares traded for the NASDAQ was over 1 97 billion Declining stocks led advancers by 1 27 to 1 ratio There were 1381 advancers and 1756 decliners for the day On the NASDAQ Stock Exchange 44 stocks reached a 52 (More)

Trump Disrupts Market Calm With New Trade Threats

Open your FXTM account today Open your FXTM account today Open your FXTM account today This unexpected move caught investors completely off guard with the shock reflected across global equity and commodity markets on Monday With risk aversion set to intensify as renewed US China (More)