|Day Low/High||111.45 / 112.71|
|52 Wk Low/High||94.37 / 121.29|
Your round-up of the financial news from around the world.
Here are five things you must know for Wednesday, April 12
This is your round-up of the financial news from around the world.
I am not calling for the end of the Trump trade, but Europe looks good.
People there are far less worried than people in the U.S. about currency breakdowns or political stress.
Here are some examples of why you should stay on board.
After the election passes we are going to talk about companies again -- and these have done well.
Last week, L Brands , a quality retailer that operates Victoria's Secret and Bath and Body Works, released a sales warning. On Wednesday, Costco released its monthly sales, up 2%. While there are attempts to dress up a pig, the numbers were not good...
Jim Cramer says the apparent slowdown companies in the housing sector have seen recently could be about to change after two big catalysts that are on the horizon.
"It's not the news that counts -- it's how the stock market reacts to the news that counts." -- Richard Russell (hat tip to Sir Jeff Saut for the source of the quote) The above quote filled my head most of the day (General Motors , Ford , Caterpilla...
Results from Home Depot and others are worrisome.
PPG Industries was downgraded to NEUTRAL from BUY by analysts at Goldman Sachs.
We may see some selling going into the next rate hike, but I still have bullish hopes for gold.
This morning the yield on the 10-year U.S. note climbed another three basis points to 1.76%. The yield is now 41 basis points above July levels, serving to underscore my notion that a Generational Low in Bond Yields already has occurred. Meanwhile,...
As you all know I give a lot of thought to my Trade of the Week, as I did over the weekend, once again. We are doing well on these "Trades" recently - lets see if the skein can be continued! I am thinking that today's market rally is a bit of a ...
Industrial markets remain weak (more on this later in the day). Toward that end, Dover warns, which follows last week's lower guidance at Honeywell and PPG and adds to earnings problems in the important industrial sector.
Here are some of my amateur technical observations from my fundamental perspective. To begin with, the averages have been narrowly range-bound and many groups have undergone meaningful corrections. Fifty percent of the stocks in the broader S&P 1500...
Stocks wavered in an unsettled session before ending with slight losses. A miss on the headline jobs number raised questions over the Federal Reserve's rate-hike plans.
Technology is a necessity for taking share in a slow-growth world.
Be careful of exposure in the industrial space. Shortfalls by Honeywell and PPG today are warning signposts. My view continues to be that the domestic economic outlook is deteriorating. More on this next week.
One company indicates that business is good in the all-important non-residential construction sector.
The housing sector is marching on, pulling the economy along.