Category Archive: Finance
Your Weekly Fundamental View
Need to know Another short week, though one with several important releases including Non-Farm Payrolls and a Janet Yellen speech. Coming up On Tuesday 29 March we have German unemployment data for March. German unemployment remains significantly below the Eurozone average,but reductions have slowed somewhat over the last year with reads of 6.2% in January […]
Bulls Still Wear The Dunce Cap
I assume everyone sees the topping pattern on the S&P 500. It is the Dome (AKA Dunce Cap) we have been following since mid-2015. The most bullish thing about this chart is that it is and has been so obviously bearish. Add in the fact that this bounce has been every bit as strong as […]
E Best & Worst Stocks In Large Cap
The best large cap sectors are utilities, industrials, and consumer. The highest scoring large cap industry is insurance brokers. The average large cap score is 65.84 and that’s above the four week moving average score of 62.62. The average large cap stock in our 1,500 stock universe is trading -20.49% below its 52 week high, […]
Lennar Beats On 1Q Earnings, Orders Stay Strong
Lennar Corporation (LEN – Analyst Report) is one of the leading homebuilders in the U.S. With overall housing market recovering at a slow but steady pace, Lennar’s order trends have been improving at a consistent pace. Lennar is performing well on the back of its diverse revenue mix, large land supply, above average order growth and better pricing […]
Premarket Biotech Digest 2016-03-29: ACAD Nuplazid Review, APRI Tumbles, PBYI Delays NDA Filing
Top Pick of the Day: ALDR Alder Biopharmaceuticals (ALDR) shares surged almost 50% on Monday after the company announced positive top-line results from a Phase 2b clinical trial evaluating its ALD403 for the treatment of prevention of migraines. Despite Monday’s huge rally, ALDR is still down more than 24% for the year. In fact, the stock […]
How Should You Trade The Dubai Financial Market General Index?
The Dubai Financial Market General Index (DFMGI) is currently trading at 3,266.31 as at March 28, 2016. The index shed 0.39% for a loss of 12.85 points on the day. Looking back, the DFMGI has a 52-week low of 2,590.72 and a level of 4,253.28 on the high end. The performance over time has been positive (given […]
Morning Call For March 29, 2016
OVERNIGHT MARKETS AND NEWS June E-mini S&Ps (ESM16 -0.23%) this morning are trading slightly lower by -3.25 points (-0.16%) on Tuesday’s -1.28% sell-off in China’s stock market and on a renewed sell-off in crude oil prices this morning. May WTI crude oil futures are down -0.61 (-1.55%) this morning on expectations for a 3.0 million bbl build in Wednesday’s weekly API report. […]
The US Stock Market’s Acid Test Begins… Now
If the bear-market label doesn’t apply to the US stock market, the evidence will be forthcoming in weeks ahead. But that’s a high bar at the moment. The rally in recent weeks has recovered most of the year-to-date losses, but a bigger test awaits: regaining the strategic momentum that’s been MIA since last summer. The […]
Tesla Fundamentals Do Not Support Recent 60% Rally, Says UBS
UBS analyst Colin Langan points out that since reaching a two-year low in February, shares of Tesla (TSLA) have risen almost 60% following the carmaker’s Q4 earnings report. Since Tesla trimmed its 2016 delivery guidance, the share rally is likely due to the company’s Asset Based Lending draw down, Langan told investors last night in […]
Eurozone Economy Could Be Chilled To The Core
Since 2001, when Greece adopted the Euro as its currency, seven countries have joined the Eurozone. Slovenia began using the Euro in 2007, Cyprus and Malta in 2008, Slovakia in 2009, Estonia in 2011, Latvia in 2014, and Lithuania in 2015. These countries are small. Together, they are home to around 14.5 million people, just […]
