Kurt Osterberg

Browsing All Posts By Kurt Osterberg

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Morning Call For Tuesday, July 18

OVERNIGHT MARKETS AND NEWS Sep E-mini S&Ps (ESU17 -0.04%) this morning are down -0.03% after the U.S. Republican health care reform plan failed to secure enough votes to pass in the Senate, whi...
On July 18, 2017 / By Kurt Osterberg
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USD Sell-off Extends – How Far Will It Go?

Republicans are likely to settle for repealing Obamacare but without any replacement. The imminent failure of Trumpcare comes on fertile ground: from another political issue related to Trump Junior,...
On July 18, 2017 / By Kurt Osterberg
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Goldman FICC Revenue Plunges 40%, Worst Since 2015, Blames “Low Client Activity”

While Goldman’s (GS) overall results reported moments were generally solid, with the bank reporting Q2 revenue of $7.89 billion (exp. $7.52 billion) and net earnings of $1.83 billion, or EPS of ...
On July 18, 2017 / By Kurt Osterberg
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Johnson & Johnson Reports Mixed Second Quarter, Revenues Shy Of Expectations

(Video length 00:01:14) CNBC’s Meg Tirrell report Johnson & Johnson kicks off health-care earnings with an EPS beat of $1.83 adj on revenues of $18.839 billion.?...
On July 18, 2017 / By Kurt Osterberg
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US Q2 GDP Growth Outlook Has Been Trimmed In Recent Weeks

Estimates for next week’s “advance” report on GDP growth for the second quarter continue to point to a rebound after Q1’s sluggish pace, but the outlook has been revised down in recent weeks. ...
On July 18, 2017 / By Kurt Osterberg
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WTI Crude Oil And Natural Gas Forecast – Tuesday, July 18

WTI Crude Oil The WTI Crude Oil market rallied at the beginning of the session on Monday, but found the area near the $47 level to be far too resistive. Because of this, we pulled back to the $46 leve...
On July 18, 2017 / By Kurt Osterberg
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BofA Beats Despite 14% Slump In FICC Revenue; Interest Income Unexpectedly Declines

Echoing the trend set by JPM and Wells Fargo last Friday, moments ago Bank of America (BAC) reported revenue and earnings that modestly beat expectations, with Q2 revenue of $22.8bn, above the $21.8bn...
On July 18, 2017 / By Kurt Osterberg
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E Winnie And Vanity

Over the weekend I had planned today to comment on the Chinese ban on mention of Winnie the Pooh, and on Weibo. This is because of an unflattering cartoon four years ago which compared the pudgy Chine...
On July 18, 2017 / By Kurt Osterberg
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UnitedHealth Q2 Earnings Beats, Revenues In Line

Have you been eager to see how UnitedHealth Group Inc. (UNH – Free Report) performed in Q2 in comparison with the market expectations? Let’s quickly scan through the key facts from this le...
On July 18, 2017 / By Kurt Osterberg
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Fundamentally Speaking: Earnings At Risk

As we get into the midst of the Q2 earnings season, we can take a closer look at the results through the 1st quarter of the year. Despite the exuberance from the media over the “number of companies...
On July 18, 2017 / By Kurt Osterberg