Browsing All Posts By Kurt Osterberg
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Finance 0
FTSE 100: The Bullish Momentum Fizzled Out Quickly
Yesterday, the FTSE 100 breached the upper end of the 6054-6195 range, which kept price confined since May 6. However, as the session progressed, the price fell back into the range and closed the day ... -
Finance 0
Meritage Homes Offers Strong Guidance “Too Late”
At the 9th Annual J.P. Morgan Homebuilding & Building Products Conference on May 17, 2016, Meritage Homes (MTH) released good news on guidance for the second quarter and fiscal year 2016. MTH exp... -
Finance 0
Euro Trying To Follow GBP Restoral
During European trades, the euro/dollar fell to 1.1255 due to weak Eurozone inflation data. The definitive April CPI fell 0.2% YoY and was 0.0% MoM (previous: 1.5%). The ECB will now need to continue ... -
Finance 0
No Brexit? GBP/USD Shoots 100 Pips Higher
There is more evidence that Britain will stay in the EU also after the June 23rd referendum, at least according to yet another opinion poll. This joins previous polls by YouGov, ICM and ORB that all... -
Finance 0
Staples Q1 Earnings And Sales Beat Estimates
Staples Inc. (SPLS – Analyst Report), a leading retailer of office products and services, released first-quarter fiscal 2016 results, wherein adjusted earnings of 17 cents a share beat the Za... -
Finance 0
Do We Finally Stop Othello?
The ridiculous up/down/up/down/up/down we’ve been living with in this market for, what, the past 18 months or so – – could it end today? (OK, I’m being facetious; the toggling has only been go... -
Finance 0
Goldman Compares Elon Musk To Steve Jobs And Henry Ford, Upgrades Tesla To “Buy” With $250 Price Target
Goldman unexpectedly weighed in bearishly on stocks, tactically downgrading global equities to Neutral over the next 12 months “on growth and valuation concerns”. It added that “unt... -
Finance 0
E Mid Cap Best & Worst Report – May 18, 2016
The best mid cap sectors are utilities and basic materials. The highest scoring mid cap industry is oil & gas equipment & services. The average mid cap score is 55.32, which is below the four ... -
Finance 0
FTSE 100 Under Pressure As Brexit Vote Nears
Risk-taking in the United Kingdom continues to tumble ahead of the all-important “Brexit” vote set to take place next month. The atmosphere surrounding the vote is growing increasingly tense as po... -
Finance 0
Central Bankers Put Ponzi And Madoff To Shame
Charles Ponzi must be turning in his grave! His pyramid scheme in 1920 guaranteed returns of 50% in 50 days and 100% in 100 days. And initial investors clearly achieved these returns but most of them ...
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