Goldman Sachs and Morgan Stanley reported better than expected third quarter earnings but strength was short-lived. Here's how to trade share-price volatility.
It was fun to watch David Letterman on Jimmy Kimmel. It was once a dream of mine to be interviewed by Letterman and make him laugh out loud. If only my mom had let us have a dog to teach a stupid trick too. The early inspiration for my weird fantasy began with Johnny Carson. I had a TV in my room when I was a teenager. Continue reading Late Night Fantasies at Howard Lindzon.
Netflix (NFLX) shares continue the uptrend in motion and we just saw a sharp pullback to a key support level. What’s the level and what’s the play from here? Shares continue the sequence of higher highs and higher lows in the context of rising moving averages, all of which define uptrends. The goal then is […]
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Nokia's deal with Amazon to help carriers use the retail giant's AWS cloud computing signals a long-term shift by telecom to public cloud, writes Dmitry Netis of William Blair. One takeaway from that is that Amazon should consider buying Broadsoft.
General Motors will announce its Q3 2017 earnings on October 24, and after reporting strong sales in August and September, it is likely to be a solid quarter for the company.
U.S. Bancorp reported total quarterly revenues in excess of $5.5 billion for the first time ever in Q3 2017 thanks to a jump in its interest income from the Fed’s rate hike process.
As expected, Textron reported mixed earnings for Q3 2017. While earnings came in higher than expected, revenues fell short of estimates marginally. That said, revenues came in 7% higher than the year ago figure on better performances at the Bell, Industrial, and Textron Systems segments.
After reporting a more than 6% increase in comparable sales for Q2 2017, expectations for McDonald’s are high for Q3 2017. The company will report results for this quarter on Tuesday, October 24.
S&P 500 2,573.70 +.86% The Weekly Wrap by Briefing.com. Indices DJIA 23,295.30 +1.88 % NASDAQ 6,631.88 +.44 % Russell 2000 1, 510.06 +.56 % S&P 500 High Beta 40.55 +1.17 % Goldman 50 Most Shorted 1 36.69 -.24% Wilshire 5000 2 6,682.10...Show More Summary
Broad Equity Market Tone: Advance/Decline Line: Substantially Higher Sector Performance: Most Sectors Rising Volume: Above Average Market Leading Stocks: Outperforming Equity Investor Angst: Volatility(VIX) 9.79 -2.59% Euro/Yen Carry...Show More Summary
By FS Staff – “AI is being viewed as the new electricity. It’s being applied to all industries. It’s the same thing with robotics, which is why robotics and AI should not be viewed under the lens as being a niche.” Even the largest tech companies in the world are banking...
Succinct Summations for the week ending October 20th, 2017 Positives: 1. S&P 500 closed at a new all-time high every day this week. This hasn’t happened since 1998. 2. Industrial production rose 0.3% m/o/m, above the 0.2% expected increase. Show More Summary
This is the way Facebook, Amazon, Netflix, and Alphabet or the FANG stocks end, not with a bang but a dang.
We live in delicate times... Here is a peek at what I've been reading lately. These are the links I saved this week. Hope you find some interesting and enjoyable tidbits. Let me know if you read something I'd...
Like, $850 million good.
Happy Friday, we are all doomed.
Add a "Forex" subsection to Wells Fargo's lengthy compendium of sins.