Photo Credit: Maurizio Pesce QUALCOMM Inc. (QCOM) Information Technology – Communications Equipment | Reports January 27, After Markets Close Key Takeaways The Estimize consensus calls for EPS of $0.92 and revenue of $5.699 billion, right in line with Wall Street’s estimates During the past year, Qualcomm suffered from a massive antitrust fine in China, losing a key customer and currency headwinds from a strong U.S. dollar As the mobile markets become saturated, Qualcomm is diversifying into adjacent markets What are you expecting for QCOM? Get your estimate in here! Qualcomm, a world leader in 3G and 4G wireless technology, is sc...
With the biggest drop in 3 months, EUR/CHF has broken above last September’s highs, plunging below 1.06. Amid chatter of SNB intervention, this is the weakest Swissy has been since the removal of the ceiling a year ago. EUR/CHF reached 1.10592… The weakest since the Swiss National Bank unexpectedly removed its 1.20 vs EUR ceiling on Jan. 15, 2015...
What can the business world learn from Navy SEALs? In Extreme Ownership, Iraq war veterans from one of the most elite combat groups tell us how to be better leaders. I thought the book was great. Each chapter starts out with a combat situation that either went bad or could have gone bad if not for some leadership aspect that was lacking or present. The leadership aspect in question is then related to a real-world business problem that these SEALs turned consultants have faced. The combat situations were interesting. I enjoyed learning about how these Navy SEAL teams operate in order to attack the enemy. I also thought the leadership aspects ...
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth improved to 5.8 %. The authors of the index say “Home prices extended their gains, supported by continued low mortgage rates, tight supplies and an improving labor market.” 20 city unadjusted home price rate of growth accelerated 0.3 % month-over-month. [Econintersect uses the change in year-over-year growth from month-to-month to calculate the change in rate of growth] The market expected: Consensus Range Consensus Actual 20-city, SA – M/M 0.4 % to 1.1 % 0.7 % +0.9 % 20-city, NSA – Y/Y 5.5 % to 5.9 % ...
GE Earnings A Mixed Bag Industrial giant General Electric (NYSE:GE) has reported fourth quarter earnings. GE’s earnings were mixed with the company topping profit estimates but falling below revenue expectations. GE reported revenue of $33.89B, 1.4% Y/Y growth but substantially lower than the consensus of $35.92. GE reported a huge 22% jump in profit to $6.28B, or EPS of $0.64. Adjusted earnings clocked in at $0.52, exceeding the consensus of $0.49. The main highlight of the earnings report, however, was GE’s core industrial segment. GE is fast moving back to its core industrial business through a mixture of divestitures and acquisition...
DOW -208 = 15,885SPX – 29 = 1877 NAS – 72 = 4518 10 Y – .03 = 2.02%OIL -2.36 = 19.83 GOLD + 11.90 = 1108.90 Stocks in Asia rallied overnight, with the Topix index in Tokyo increasing 1.3 percent, China’s Shanghai Composite Index rising 0.8 percent and the MSCI Asia Pacific Index adding 1.2 percent. Despite gaining in early trading, shares in Europe turned lower. US stocks were down all day, but the selling got worse into the close. Stocks in Asia rallied overnight after Saudi Arabia said it is keeping up investments in energy products and data from China showed that diesel consumption dropped for a fourth consecutive month....
One of the more popular indicators for the “Risk On & Off” trade is the Discretionary/Staples Ratio (XLY/XLP). When the ratio is moving higher, Discretionary stocks are acting stronger and the message would be; investors should be leaning towards the “Risk On” trade. The opposite is true too, when the ratio is heading lower, Staples are acting stronger than Discretionary Stocks and the message to investors is; lean to towards the Risk Off trade. Below looks at this Risk On/Off Ratio The Risk On/Off ratio has declined sharply of late, no doubt about it. The decline is concerning for the Risk On crowd. The decline has taken the rati...
EUR/USD Signal Update Yesterday’s signals were not triggered as none of the key levels were reached. Today’s EUR/USD Signals Risk 0.75% Trades must be taken before 5pm London time today. Long Trade 1 * Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.0772. * Put the stop loss 1 pip below the local swing low. * Adjust the stop loss to break even once the trade is 20 pips in profit. * Remove 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to run. Long Trade 2 * Long entry following a bullish price action reversal on ...
Stocks markets around the world are crashing. Commodity prices are falling, with oil at $26 as this is being written. Although this market mayhem is unsettling to investors, it does not tell us that a recession is imminent. For the most part, economics drives changes in the stock market and in commodity markets. Only rarely does causality runs in the opposite direction. Changes in the economic outlook are far more important than actual changes in the current economy. The current economy impacts one year’s demand for products and one year’s corporate earnings. The economic outlook for the coming five or ten years, on the other hand, af...