July 2017 - Page 6 of 209 -

Fed To Start Unwind Of $10 Billion Per Month In September

Jul 27, 2017 Jeremy Parkinson Finance 0

The key takeaways from the FOMC statement on Wednesday were that rates weren’t raised, the Fed plans to unwind the balance sheet starting in September, and the Fed downgraded its inflation comments as it slowly acknowledges that inflation hasn’t been as strong as it had been claiming it was earlier in the year. It’s interesting […]

Bezos Back To Second Richest After AMZN Slides On Earnings Miss, Soft Guidance

Jul 27, 2017 Jeremy Parkinson Finance 0

Jeff Bezos enjoyed the title of world’s richest man for several hours, before he had to relinquish it back to Bill Gates after AMZN stock dumped after hours when the company reported Q2 net income of $197 million, or $0.40 per diluted share, down from $857 million, or $1.78 in Q2 2016. This was on […]

Blue Chip Stocks In Focus: Procter & Gamble

Jul 27, 2017 Jeremy Parkinson Finance 0

When it comes to dividends, few companies can match Procter & Gamble (PG). P&G’s list of dividend accolades is long, and impressive. It is a Dividend Aristocrat, a group of 51 stocks in the S&P 500 Index, with 25+ years of consecutive dividend increases. You can see all 51 Dividend Aristocrats here. In addition, it is […]

Applied Optoelectronics – Chart Of The Day

Jul 27, 2017 Jeremy Parkinson Finance 0

The Chart of the Day belongs to Applied Optoelectronics (AAOI) a repeat that was highlighted back in January. I found the fiber optics stock by using Barchart to sort today’s All Time High list, first by the highest Weighted Alpha, then again by technical buy signals. Since the Trend Spotter signaled another buy on 8/12 the stock gained 31.75%. Applied Optoelectronics, […]

Expedia Surpasses Q2 Earnings, Revenue Estimates

Jul 27, 2017 Jeremy Parkinson Finance 0

Expedia Inc. (EXPE – Free Report) reported second-quarter 2017 adjusted earnings of 66 cents per share, which surpassed the Zacks Consensus Estimate of 60 cents. Earnings were up 65% from the year-ago quarter. Revenues of $2.59 billion were up 18.2% sequentially and 17.8% year over year and came ahead of the Zacks Consensus Estimate of $2.54 billion. Gross […]

Dunkin’ Brands (DNKN) Beats Q2 Earnings Estimates, Sales Lag

Jul 27, 2017 Jeremy Parkinson Finance 0

Shares of Dunkin’ Brands Group, Inc. (DNKN – Free Report) were up nearly 2% in the trading session on Jul 27, after the company reported mixed second-quarter 2017 results. While, the bottom line outpaced the Zacks Consensus Estimate, the top line lagged the same. Earnings and Revenues Discussion Adjusted earnings of 64 cents per share beat the Zacks Consensus […]

The “Real” Goods On The June Durable Goods Data

Jul 27, 2017 Jeremy Parkinson Finance 0

Earlier today the Census Bureau posted the Advance Report on the latest Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation. Let’s now review Durable Goods data with two adjustments. In the charts below the gray line shows the goods orders divided by the Census Bureau’s monthly […]

Mediocre, Tailing 7 Year Auction Following Yesterday’s Short Squeeze

Jul 27, 2017 Jeremy Parkinson Finance 0

After two surprisingly strong auctions earlier in the week, when the Treasury sold both 2 and 5 Year paper to unexpectedly brisk demand ahead of the FOMC meeting, which bounced despite a record high short interest in 2Y futs, moments ago the last auction of the week closed when $28 billion in 7 Year paper was sold […]

GBP/USD Elliott Wave Forecast: Bearish Impulse Wave

Jul 27, 2017 Jeremy Parkinson Finance 0

Elliott Wave Forecast GBP/USD Short Term Bearish trend is present in GBP/USD currency pair, 15 minutes chart. As I have suggested a few hours ago, during my daily Forex Live Trading Room session, the price of GBP/USD currency pair is falling down on a short-term basis to create a Bearish Impulse Elliott wave pattern and […]

General Dynamics: Another Solid Quarter, Overvaluation Persists

Jul 27, 2017 Jeremy Parkinson Finance 0

Part-way through earnings season, the outlook remains bright. Many of the most high-quality dividend stocks have beat expectations, and corporate earnings seem to be growing at a rate higher than previous expectations (although time will tell if this trend holds). On July 26, General Dynamics (GD) reported earnings for the three-month period ending July 2, […]