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The year is young, but what seems most odd about the stock market rally which has resulted in the S&P 500 rising by around 3%, is that the Utility sector as measured by the Select Sector SPDR...
* Reports 4Q results on Thursday, January 23, after the market close* Revenue Expectation: $19.2 billion * EPS Expectation: $1.25 The dramatic turnaround in chip stocks this year will see its first...
The $2 support for winter-time natural gas — a standard-bearer for heating since 2016 — has crumbled, raising the obvious but yet-to-be-answered question: Where could gas go from...
Fears that the Chinese coronavirus may impact economic growth have dealt a strong blow to an already oversupplied oil market. Yesterday’s 3.77% drop was the worst since the 4.93% plunge of Jan....
Steps by China to limit virus spread underscore risks Oil and yields trigger bearish technical signals The Shanghai Composite had its worst day on record Key EventsShares in Asia dropped this...
* Reports Q2 2020 results on Thursday, Jan. 23, before the market opens * Revenue Expectation: $18.42 billion * EPS Expectation: $1.37 The shares of global consumer staples giant Procter & Gamble...
U.S. futures and European stocks hitting all-time highsYields slightly higher, USD and CHF gainOil continues to slipKey EventsIn marked contrast to yesterday's trading, this morning U.S. futures,...
Earnings from the U.S. tech sector kick off this week with Netflix (NASDAQ:NFLX) and Intel (NASDAQ:INTC) reporting their quarterly results. High-profile companies such as Apple (NASDAQ:AAPL),...
Procter & Gamble (NYSE:PG) is due to release corporate results Thursday before the market open, for the fiscal quarter ending December 2019. We expect EPS of $1.37, unchanged from the previous...
In any crisis, it’s good to have as many facts in hand as possible for contingency planning. Thus, Goldman Sachs’ prophecy that oil prices could lose $3 per barrel from the new coronavirus...
* Reports Q4 2019 results on Tuesday, Jan. 21, after the market close * Revenue Expectation: $5.45 billion * EPS Expectation: $0.52 When the streaming entertainment giant Netflix (NASDAQ:NFLX)...
International Business Machines (NYSE:IBM) is scheduled to release corporate results after market close today, for the fiscal quarter ending December 2019. Analysts forecast EPS of $4.69, down from...
Moody’s downgrades Hong Kong on fears protests may become worseFutures signal lower open to U.S. trading weekRisk-off mood surfaces after China virus fears roil Asia marketsKey EventsU.S. equity...
World leaders are not the only people in Davos, Switzerland, for the World Economic Forum this week. Movers and shakers within the cannabis sector from a cross-section of nations are there to rub...
Two weeks after oil appeared to have survived its biggest risk test in years, Libya has tossed a new political grenade at the market. And this too may come to pass.It’s a different story in...
S&P 500, NASDAQ Composite register 8th consecutive recordsGold rises even amid rally and against strengthening dollarYields halt at 200DMAStocks may be showing no sign of slowing down: the Dow...
With the U.S.-China trade war out of the way, after the signing last week of the Phase 1 portion of the deal, the coming week will be all about earnings. Several mega cap U.S. technology and consumer...