The weekend is here! Pour yourself a mug of Major Dickson blend, grab a seat outside, and get ready for our longer form weekend reads • The Folly of Stock Market Forecasting (Alpha Architect) • Brexit Blues (London Review of Books) • My...Show More Summary
As I await tomorrow, the 50th Anniversary of the Land's End Pub in San Francisco (now Soda Popinki's at 1548 California St, bet. Polk and Larkin Sts.), owning it was probably the high point of my life (so far !). I shall reappear @ 5 pm. Show More Summary
Evening Headlines Bloomberg: Chinese Stocks Send Sell Signal With Growth Concerns Lingering. (graph) Japan's Risky Stimulus Decision. South Korea’s Growth Improves on Consumption, Construction. South Korea’s growth rate advanced in the second quarter supported by gains in private consumption and construction. Show More Summary
MKC is bouncing off of support but must hold 103. Other possible BOS stocks that came up in my scan: CINF, PG, CHD gmi: 6 gmi-2: 8 t2108: 73 No tags for this post.
The markets can do anything. SPY continues to consolidate near highs. In the top, right panel you can see a price confluence at the two day VWAP and the relatively flat MA5 (orange). The trade universe shows something for everyone. The breadth oscillator shows a possible (negative) downcross of the MA10 through the MA30. Show More Summary
In his most recent interview with Financial Sense, Armstrong covered a lot of ground, projecting a Trump win over Hillary, an eventual collapse of the euro, global monetary reform between 2018-2020, and, perhaps the most controversial, a “phase transition” in the stock market...
John Oliver discusses last week’s unsurprisingly surprising Republican convention. Last Week Tonight with John Oliver: Republican National Convention (HBO) The post John Oliver: Republican National Convention appeared first on The Big Picture.
It's almost as though "liquidity is very strong" and "we need more liquidity ASAP" aren't totally synonymous.
While there was a mixture of positive and skeptical reactions to Verizon Communications’s (VZ) announcement this morning it would buy Yahoo’s (YHOO) “core” advertising business for $4.83 billion, the sharpest words of criticism as far...Show More Summary
There is no lack of options, when it to comes to binary options trading. For this very reason, a lot of people are now looking towards trading in commodities, using binary options. Given the simplicity they offer to the investors, commodity...Show More Summary
Passive investing is likely to remain popular, acquisitions of ETF companies aren’t long-term solutions for fund companies and the number for active managers will likely need to shrink to compensate for generally poor performance by active managers. These are some of the bullet points from a recent report from analysts led by Stephen Tu at […]
Yahoo! (YHOO) shares closed down $1.06, or 2.7%, at $38.32, following the company this morning saying it will sell its “core” advertising business to Verizon Communications (VZ) for $4.83 billion. While much of the deal is as the Street had expected, debate now shifts to how to play the remaining assets — Alibaba Group Holding […]
Source: Visual Capitalist The post The Illusion of Choice appeared first on The Big Picture.
Shares of analog chip giant Texas Instruments (TXN) are up $3.88, or almost 6%, at $70.10, after the company this afternoon reported Q2 revenue and profit that topped analysts’ expectants, and forecast this quarter’s results comfortably higher than consensus. Revenue in the three months ended in June rose 1%, year over year, to $3.27 billion, […]
Michell Espinoza knows what we're talking about.
Shares of semiconductor design software maker Cadence Design Systems (CDNS) are down 64 cents, or 2.5%, at $25.49, after the company this afternoon reported Q2 revenue and profit that topped analysts’ exceptions, but forecast this quarter’s results below consensus. Revenue in the three months ended in June rose 9%, year over year, to $453 million, yielding […]
Shares of Apple (AAPL) today declined by $1.32, or 1%, to close at $97.34, helped little by a string of bullish defenses of the company’s outlook, and not helped by a late-day downgrade from BGC’s Colin Gillis, who cut his rating toShow More Summary
It's a gray area!
S&P Global’s Scott Kessler this afternoon cut his rating on shares of Twitter (TWTR) to Hold from Buy, in advance of tomorrow’s Q2 earnings report, after the closing bell, writing that the stock has run up quite a bit and that competition from Facebook (FB) is worrisome: Citing a 27% rise in the shares since […]