Category Archive: Finance
Lowe’s Q1 Earnings & Revenues Miss Estimates
Lowe’s Companies Inc. (LOW – Analyst Report), one of the largest home improvement retailers, came out with first-quarter fiscal 2015 results, wherein earnings of 70 cents a share missed the Zacks Consensus Estimate of 74 cents but jumped 14.8% year over year. Management now envisions earnings of approximately $3.29 per share for fiscal 2015. The current Zacks […]
“Sell In May And Go Away” Might Be A Good Idea For Conventional Assets
Volatility in the currency markets, bond markets, and stock markets likely has a lot of people on Wall Street feeling a bit worn out. Taking a summer vacation in the Hamptons might just be their best idea. The coming months promise to be anything but quiet and predictable. Here are a couple of items that […]
Intercept Pharmaceuticals Inc. Moves Forward With OCA ‘Regenerate’ Trial
On May 19, Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) announced plans for an international Phase 3 trial of OCA in patients with NASH. Intercept is developing obeticholic acid, or OCA, for patients with nonalcoholic steatohepatitis, or NASH. Patients with NASH often have abnormal liver function due to a fatty liver or inflammation. OCA has already received breakthrough […]
WTI Crude Oil Testing $58 Region
The WTI Crude Oil markets fell during the session on Tuesday, testing the $58 region. Because of this, looks like the markets can tend to simply grind away sideways overall, and although I certainly have an upward bias in this market, I’m not necessarily that pressed to risk any serious amount of money in this […]
Today’s Market Analysis & Trading Opportunities – May 20, 2015
Video Length: 00:02:16 The gold markets fell hard during the session on Tuesday, crashing through the $1210 level. Because of this, we feel that the buyers in this general vicinity might be interested in going long. However, we have to admit that the candle is extraordinarily bearish, so we would be hesitant to start buying calls in […]
Trading Gold And Silver Along With The Pros
For a number of years the market presence of commercial traders has dictated the direction in the price of gold and silver. With deep pockets and by trading contracts in the futures market without having to back up their contracts with metal, commercial traders acting in concert, can raise the price after a pullback, and […]
Regulatory News For Rare Disease Products – Hot Stocks: BLUE, ICPT, SRPT
Big News Day, Market Update Trial Design Impacts Stocks? Biotech stocks have partially recovered from the recent sell-off but still remain below ““Double top” levels (XBI) of 2015. The major ETFs- FBT,IBB and XBI- remain below the March 19 peak but above the April 30 recent low. A lot of selling took place after recent highs […]
HH A New Look At The Total Return Roller Coaster
Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation? The purchasing power of your investment has increased to […]
Target Beats Earnings Estimates, Stock Up 2% In Premarket
Shares of Target Corporation (NYSE:TGT) are rallying, up 2% in premarket, after delivering first quarter earnings this morning that beat analysts’ estimates. For the first quarter, Target posted earnings per share of $1.10 on revenue of $17.12 billion. Analysts polled were looking for earnings come show up around earnings per share of $1.03 on revenue of […]
Chicago Fed Nat’l Activity Index: April 2015 Preview
The three-month average of the Chicago Fed National Activity Index (CFNAI) is expected to slip a bit deeper into negative territory in the April update that’s scheduled for tomorrow (May 21), based on The Capital Spectator’s median point forecast for several econometric estimates. The projection for -0.31 is slightly below the -0.27 reading for March, […]
