2Q17 earnings season kicks off next Friday with four banks – Citi, JPM, Wells And PNC – reporting results, accounting for roughly 5% of the S&P 500 by market cap. 89% of the S&P 50...
Fundamental Forecast for the Euro: Bullish EUR/USD Resilience to Recur as ECB Mulls Easing Bias. EUR/USD Technical Analysis: Two-Year Trend Resistance Under Fire. IG Client Sentiment is at -3.35-to-1...
The Nasdaq has been hitting some tough days. These days enable setups to show up. One of these setups is Essent Group (ESNT), a mortgage lender, which is surprising. Look for a breakout of the highs a...
By Andrea Rangel The oil price war between OPEC and the U.S. drove out oil producers who could not keep up with low prices. However, it also led to the development and implementation of more efficien...
The shift from natural gas importer to exporter has occurred in the U.S. over a remarkably short period of time. We’ve periodically written about this (see U.S. Natural Gas Exports Taking Off and...
Some potentially displeasing “Sunday Start” thoughts to market bulls, from Chetan Ahya, Morgan Stanley’s global co-head of economics, who warns that in light of the recent “haw...
The Dow Jones hasn’t seen a new all-time high since June 19. But as the Dow Jones’ BEV chart below shows, it closed the week in scoring position, only 0.53% away from a new all-time high. If the b...
The consumer staples sector has been performing well of late buoyed by rising consumer confidence and improving economy. Strong recovery in the housing market and an improving labor market played a cr...
Fundamental Forecast for the US Dollar: Neutral US Dollar stages tepid recovery after sinking to a ten-week low Soft prices have markets doubting Fed, upcoming data won’t help Hawkish Yellen testi...
Look, here’s the thing: Goldman has got something they need to get off their chest with regard to upcoming earnings results. Normally, the bank’s “US Weekly Kickstart” notes are about “conv...