$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Monday is the start of a new Month, a new Quarter, and new Money As of last weeks Wall Street action have many leaders well-positioned. Some started North Friday, and are continuing. The Northside action is with the S&P 500 and the NAS Com, have both moved laterally just […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week saw Wall Street participants taking profits, but the major indexes are still technically Neutral/Bullish overall. The large cap growth indexes are solid enough in here, Friday sellers showed up for the 1st time in some time. They will see support and bounce and start this leg all […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week was a Wall Street market winner, and is technically Bullish overall. Good moves seen on the week with the FANGs coming back into the action after a week or so pause. That augurs well from an Northside outlook. After some more Northside, if we see some profit […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Friday, the 3 major US stock market indexes move down to their 50-Day MA supports and bounced finishing near the highs of the day. The pattern looks Bullish to me. That means buy some really good looking patterns, as the bounce up off the 5-session pullback, and let the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX As earnings season comes to a close investors look down the line. The US major stock market indexes tested the top of the range faded, then started North again Friday as new money flowed in. The market remains at the inflection point and will breakout or move back down to […]
FLASH: US Growth Estimates Raised US wholesale inventories increased by the most in more than 5 years in December. The surge in wholesale stocks reported by the Commerce Department on Monday, however, implied inventories were less of a drag on economic growth in Q-4 than previously thought. As result, economists boosted their Q-4 GDP growth estimates by […]
$DIA, $SPY, $QQQ, $RUTX, $VXX As earnings season comes to a close investors look down the line. No trade deal announced yet, but President Trump and Top Chinese negotiators in Washington concurred there will likely be 1 and the 1 March deadline for the tariff hike was pushed Sunday, the Chinese FM returns to Beijing […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Earnings coming to an end, as investors look farther down the line. Last Friday was options expiration, and we saw allocation of new Wall Street money to the financial, industrial, home-centric, and energy stocks. Notably, other sectors did not sell off, but paused to refresh. This is the perfect scenario: […]
$DIA, $SPY, $QQQ, $RUTX, $VXX More earnings coming, but investors are looking farther out now. Last week the market was set up to pullback, and trade triggered the action. The selling was not heavy, but a normal pullback to near-term support by the index marks and by most of the leadership issues The action is […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Earnings Monday This week more earnings, while the economic data slows a bit. Good breaks higher that held for the indices and many stocks within. The Key will be if new money comes in to extend the rally. Semi’s are back in leadership, this is a huge Northside indicator. China […]
$RACE Last month, shares of the iconic Italian luxury sports-and-racing-car maker Ferrari (NYSE:RACE) rose according to the pattern that set up at the end of December, aka a Key reversal. According to data from S&P Global Market Intelligence, Ferrari’s shares rose just over 27% in January far outpacing the S&P 500 Index’s 7.87% gainer. Some of that increase was […]
$RACE,$FCAU Ferrari (NYSE:RACE) expects growth in core earnings to accelerate to 10% this year and CEO Louis Camilleri said he may raise targets for Y 2020, betting on new models and Special Editions at premium prices for its loyal clienti, and admirers. Thursday, after the earning’s call shares in the Italian luxury carmaker rose nearly […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Once again, the US stock market was primed to rebound, it rebounded into the shortened holiday week, there is plenty of money still on Wall Street’s sidelines. The 3rd leg is happenig with SOX, and the NAS Comp. The other indices are moving up off their tests with the semis […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, Once again, the US stock market was primed to rebound, it rebounded extending into options expiration, + there is plenty of money still on Wall Street’s sidelines. The US financial market was closed Monday for a Holiday, Options expiry brought a big Northside move. Perhaps we will see come giveback […]
$CMG, $MNST, $JWN, $NOK, $NUE, $NVDA, $OAS, $XLNX Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Wednesday as follows: Chipotle Mexican Grill Inc. (NYSE:CMG) was […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks finished higher Monday, and wrapped up the month and year. Buying conviction was reserved during the session with no news catalysts or economic data to drive investors, that until the last minute buyers came in to drive the indices to near session highs. The trading session is over and so […]
$DIA, $SPY, $QQQ, $RUTX Stocks finished higher on the week, and wrapped up a disappointing month and year. The S&P 500 is off 7% in Y 2018 after peaking with a 10% YTD gainer in late September prior to the consolidation. The Fed’s tightening and heightened uncertainty into Y 2019 have brought valuations on the […]
Ferrari (NYSE:RACE) Q-3 Earnings ‘Whisper’ $RACE Ferrari (NYSE:RACE) many analysts the iconic Italian automaker expect the Maranello outfit to deliver a Y-Y decline in earnings on higher revenues when it reports results for the Quarter ended September 2018. This consensus gives a good sense of the company’s earnings picture, but how the actual results compare […]
Sell Off Overdone, Strong Buying Fuels Rally $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, US stocks spiked on oversold technicals giving the NAS Comp its biggest daily percentage gainer since March, as Microsoft’s (NASDAQ:MSFT) upbeat earnings fueled strong buying in tech names and investors bought up oversold shares. Traders said investors bargain-hunted Thursday after the market’s […]
Targets (NYSE:TGT) Q-2 Revenue, Profit Beat the Street Estimates $TGT Target Corp.’s Q-2 sales and profit beat estimates on Wednesday, helped by strong online sales and higher customer visits that grew the most in a 10 years, shares are trading nearly 5% higher as of this writing The Minneapolis-based retailer also raised its profit forecast […]
What that S&P 500 Chart Looks Like Now $SPY The Big Q: When we look a candlestick chart of the S&P 500 what does it show us? The Big A: The benchmark index has been up and down but in an upward trend YTD. If you are a Bear, you see a major market Top. […]
Traders Like Volatility, Investors Like Strong Earnings $DIA, $SPY, $QQQ, $VXX Stock investors are hoping a strong earnings season to restore the optimism that characterized equity markets last year. Traders are happy given the surge in volatility this year Analysts predict strong results results ahead with Q-1 S&P 500 profit growth on track to be […]
Christie’s Middle East Auction Results Thursday, 5 artists from Lebanon, Iraq, Iran, and Egypt set world auction records at Christie’s postwar and contemporary art sale. The most expensive work offered, Une vie singuliere by the late Shafic Abboud of Lebanon, did not sell after bids came in below the low estimate of $220,000. Sohrab Sepehri’s Untitled. Source: Christie’s Iranian […]
Ferrari (NYSE:RACE) Trading at 52 Wk Highs Ahead of Earnings Call $RACE Ferrari (NYSE:RACE) is set to report Q-3 Y 2017 earnings before the opens on 2 November. Last Quarter, the company delivered a positive earnings of 19.7%. It also surpassed estimates in each of the trailing 4 Quarters, with an average beat of 27.9%. The […]
Tesla Inc (NASDAQ:TSLA) M-3 Production Target Missed $TSLA Tesla Inc (NASDAQ:TSLA) has fallen short of its Q-3 Y 2017 production goals for its Model 3 sedan. During the Quarter, the company delivered 220 Model 3’s and produced 260, missing the production target of 1,500. Tesla is no stranger to missed forecasting. The company had previously just guided for […]
Bitcoin’s Profile Grows, Forecasts Rise $BTCUSD, $GS, $BAC Price forecast for Bitcoin are rising, with some of the biggest banks including Goldman Sachs Group Inc. (NYSE:GS) joining, while speculators to long-time investors are making new bets. The consensus is that the biggest cryptocurrency will face some resistance around 4,500 – 4,800 and correct, to then […]
US Automakers Outsell June Estimates, End Anemic 1-H $F, $GM, $FCAU, $TM, $HMC, $VLKAY Demand for light trucks gave FoMoCo (NYSE:F). and top Japanese automakers better sales than analysts had estimated for June following a 5-month streak of industry declines. Toyota Motor Corp.’s (NYSE:TM) deliveries rose 2.1% June, while Honda Motor Co (NYSE:HMC) sales rose […]
In an Expensive Market Stick with Leading Aristocrat Stocks $CAT, $CSX, $MAR, $TIF Caterpillar (NYSE:CAT): After years of weak earnings growth, this big cap leader is leading. Caterpillar is the largest manufacturer and marketer of construction equipment worldwide, it is also a leading manufacturer of diesel engines and turbines for transport and industrial applications. Industry […]
Expecting Ferrari (NYSE:RACE) to Beat Revenue & Earnings Guidance $RACE Shares of Supercar manufacturer, premier F1 racer and purveyor of luxury goods, Ferrari (NYSE:RACE) have been driving higher ever since late June of Y 2016. The stock is up about 100% since its June 2016 low of 38.71, and I believe it has more room to […]
AAII Sentiment Survey, 23 February 2017 $DIA, $SPY, $QQQ AAII Sentiment Survey: Optimism at 6-Week Highs The AAII Sentiment Survey has been conducted weekly since July 1987 and asks AAII members whether they think stock prices will rise, remain essentially flat or fall over the next 6 months. The survey period runs from Thursday (12:01a […]
Why Buy This Bull Market or Not Buy It $SPY Below are some of the reasons given as to why investors should “Buy” this Bull Market, as follows: 1. Investor Confidence Is Soaring There is little doubt that since the election both investor and consumer confidence has soared. In fact, confidence (soft data) has become […]
AAII Sentiment Survey, 2 February 2017 Neutral Sentiment Rises to Highest Level Since Early November 2016 $DIA, $SPY, $QQQ, The AAII Sentiment Survey has been conducted weekly since July 1987 and asks AAII members whether they think stock prices will rise, remain essentially flat or fall over the next six months. The survey period runs […]
HeffX-LTN Analysts for Barrick Gold Corp. (NYSE:ABX) $ABX Barrick Gold Corp. (NYSE:ABX) reported the earnings of 0.24/share in the last Quarter where the estimated EPS by analysts was 0.21/share. The difference between the expected and actual EPS was 0.03/share, which represents a surprise of 14.3%. Analysts are providing their estimated earnings analysis for Barrick Gold, […]
LTN’s Feature Stock of the Day: Bank of New York Mellon Corp. (NYSE:BK) $BK The Bank of New York Mellon Corporation (NYSE:BK) will report its next earnings on 19 January 2017 The company reported the earnings of 0.90/Share in the last Quarter where the estimated EPS by analysts was 0.81/share. The difference between the expected […]
Earnings Reports to Watch this Week $DIS, $SCTY, $VRX, $YELP, $SHAK, $BABA, $KSS, $M, $JWN, $JCP HeffX–LTN has put together a preview of some of the major companies reporting their Quarterly results this week and what to expect. And have included the consensus earnings estimates from Thomson Reutersm the stock price and trading history. Note: […]
June US Automobile Sales Disappoint $F, $GM, $TMC, $VLKAY, $HMC Consumer demand for pickups and SUVs drove US auto sales in June, but the growth fell short of estimates as General Motors (NYSE:GM), Toyota Motor Corp (NYSE:TMC) and Volkswagen (OTCMKT:VLKAY) sold fewer vehicles. Estimates from major automobile makers backed analysts’ projection that the US industry […]
Ferrari (NYSE:RACE) Posts Q-1 Results, Beats Street Estimates $RACE Ferrari NV (NYSE:RACE) raised forecasts for Y 2016 after sales of new sportscars helped profit rose 11% in Q-1, the Italian manufacturer’s 1st as an independent company. Adjusted EBITDA will total at least $918-M, Ferrari said late Monday in a statement, beating Wall Street estimates Chairman Sergio […]
LTN Looks At US Entertainment Giant’s Quarterly Earnings $CMCSA, $DWA, $DIS, $FOX, $TWX, $VIA, $CBS, $SNE Strong advertising trends and signs of improved pay TV subscriber momentum will be Key trends when big Hollywood report their latest Quarterly earnings over the next 1 weeks, according to Wall Street analysts. And that could mean that film […]