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Stock Pick Update: Jan. 20 – Jan. 26
Today 12:18 EST
Netflix, Inc. shares jumped more than 14% on Wednesday morning after the company reported better-than-expected subscriber growth in the fourth quarter.
USD/CAD Snaps Lower Following Bank of Canada Rate Decision
Today 11:53 EST
EUR and ECB Cribsheet
Today 11:42 EST
With trade weighed EUR below its 6-month average and the ECB already announcing new easing measures in Dec, little suggests that the January ECB meeting should affect the euro much.
Bubble update: The melt up begins
Today 11:31 EST
Here’s Why Gold Recently Moved Up
Today 11:20 EST
Gold is rallying today, but overall, it remains in a back-and-forth consolidation pattern, which continues to be similar to what we saw in November after a very similar (yet smaller) sharp decline.
BNY Mellon's (BK) Q4 Earnings, Revenues & Costs Decline Y/Y
Today 11:10 EST
Bank of New York Mellon Corporation’s fourth-quarter 2020 adjusted earnings per share of 96 cents were 5% lower than the prior-year quarter’s level.
JPMorgan analyst Ryan Brinkman raised the firm's price target on General Motors to $63 from $49 and reiterates an Overweight rating on the shares.
Yellen is Yellin' For More Free Stuff
Today 10:52 EST
6 Questions To Ask During This Earnings Season
Today 10:49 EST
Loonie Surges After Hawkish Bank Of Canada Sees Faster Recovery, Warns Of Upside Inflation Risk
Today 10:41 EST
As expected, the Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
U.S. Bancorp (USB) Q4 Earnings Meet Estimates, Revenues Up Y/Y
Today 10:31 EST
Two Sectors Are Offering Fantastic Profit Potential Now
Today 10:15 EST
Stocks had a strong reaction to the final outcome of the 2020 elections and runoffs. They actually closed at all-time highs on the news.
GBP/USD Forecast: First A Fakeout, Then A Massive Rally? Sterling Awaits Biden’s First Moves
Today 10:15 EST
GBP/USD’s stint with multi-year highs lasted only several minutes – and reached a peak merely eight pips above the previous week – but there is room for a fresh rally.
The Tug of War Continues
Today 10:03 EST
Alibaba's US-traded ADRs are rising in premarket trade on Wednesday after co-founder and chairman Jack Ma, one of the richest men in China, finally resurfaced after months of radio silence.
Gold’s Cup And Handle Pattern
Today 9:50 EST
The pattern is formed as a market, after an uptrend, corrects significantly but eventually bottoms and can rebound back to where the pattern began, the old high. Think of it like the letter “U.”
Wells Fargo analyst Steven Cahall upgraded Netflix to Overweight from Equal Weight with a price target of $700, up from $510 following last night's Q4 results.
Recapping The Trump Years Through A Markets Lens
Today 9:33 EST
As the nation prepares for the the Biden era, whatever that means, let’s take a quick look at how markets fared through Donald’s tenure, based on a set of exchange traded funds.
Procter & Gamble CFO On Q2 Earnings Beat And Raised Outlook
Today 9:26 EST
Procter & Gamble on Wednesday raised its outlook after its fiscal second-quarter revenue rose 8%, fueled by higher demand for its cleaning products and shaving and styling products as the pandemic...
Biden Will Extinguish The Dollar
Today 9:21 EST
If president Biden wants to save the US economy, his first measure should not be to print $trillions of worthless new money but instead tell his secretary of the treasury Janet Yellen to withdraw all...
Energy Report: A New Day In America
Today 9:11 EST
It is a new day for America as Joe Biden becomes president and for the crude oil market, the outlook under his administration is very bullish.
Global equities are moving higher today. Led by continued strong buying of Hong Kong shares, the MSCI Asia Pacific Index rose to new highs.
The Silver Roadmap
Today 9:00 EST
There's no consensus on whether silver is in its second or third secular bull market since the 1970s. That's because people define bull markets in different ways.
Energy Markets In 2021 – A Shift To Greener Policies
Today 8:50 EST
Last year was marked by a sharp drop in energy demand due to the pandemic. During the months of March, April, and May, the world energy demand dropped significantly as mobility shrank to unprecedented...
This morning Morgan Stanley reported results for the final quarter of 2020 and it will probably not be a big surprise that, like Goldman yesterday, they were stellar.
NIKKEI Keeps Pushing Higher
Today 8:30 EST
The NIKKEI price is extremely bullish, making the NIKKEI the strongest Equity in the markets. I expect the uptrend continuation.
The Strongest Bullish Signal For S&P 500 12-Month Returns
Today 8:20 EST
The TOY Barometer, by Wayne Whaley just gave its 37 bullish signal dating back to 1950. It holds a 94% positive percent rate for 12-month S&P 500 forward returns. The average return is 17%+ over that...
BTC/USD Forecast: Bitcoin Continues To Look Very Tight
Today 8:11 EST
Bitcoin markets initially tried to rally during the trading session on Tuesday but have struggled to hang on to gains.