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Article Archive | Page 913

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3729

Oct 14, 2015 at 17:29

Walmart (WMT) didn't have its best day today. The bellwether retailer forecast a profit decline of 6-12% in its 2017 fiscal year, in some part because of a $1.5bln increase…

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Pessimism Unwinding Gradually...Earnings Weigh Early.....1950-2030 SPX Range For Now....

Oct 14, 2015 at 17:28

After a run up off the 1,870 lows area the market started to show some hesitation the past couple of sessions and our sense was the market wanted to see…

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BoA's Moynihan: Headcount Will Come Down

Oct 14, 2015 at 16:30

Brian Moynihan, CEO of Bank of America, spoke with Bloomberg TV's Erik Schatzker about the bank's earnings and performance. Moynihan said that the efficiency ratio should be 500 BPS lower…

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For Corporations And Hedge Funds, The Next Recession Is Already Here

Oct 14, 2015 at 12:38

Wal-Mart just announced flat year-over-year sales, causing its shares to fall by 9% and wiping $20 billion from its market cap. Which would be unremarkable if the disappointment was…

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Forget the Yield Curve - Banks Stocks are a Bargain

Oct 14, 2015 at 12:22

A wise man will make more opportunities than he finds. ~ Francis Bacon The press is giving too much credence to the effect an interest rate hike would…

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Rate Hike Odds For March 2016, Fall Below 50%; GDP Forecast Slips to 0.9%

Oct 14, 2015 at 11:07

3rd Quarter GDP Forecast Slips to 0.9% Following today's retail and business sales reports, the Atlanta Fed GDPNow Forecast for third quarter GDP slipped 0.1 percentage points to 0.9%.…

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EURUSD: Price In A Corrective Bounce

Oct 14, 2015 at 07:58

EURUSD is trading higher at the moment after the price broke above the trendline connected from 1.1714 swing high. Usually when this happens it suggests two things; first that trend…

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The 2 Most Important Keys to Successful Trading

Oct 14, 2015 at 07:16

Examples from Whole Foods Market (WFM) and Reynolds American, Inc (RAI) show you what to do (or not) to trade successfully with Elliott. After 20 years of experience applying Elliott…

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EURCAD Short-Term Elliott Wave Analysis

Oct 14, 2015 at 06:25

Best reading of the cycle in the short term suggests decline to 1.454 ended wave ((w)). Wave ((x)) bounce is unfolding as a double three structure where wave (w) ended…

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One Dumb Mistake Away

Oct 14, 2015 at 06:24

There's always a war going on somewhere -- frequently, alas, with the US either instigating or providing the weapons. But lately the tension has risen to Cold War levels, with…