Global Economic Intersection - Investing Blog

Trefis: Highlights Week Ending 17 May 2013

Admin — Sat, 18 May 2013 21:07:08 +0000

Written by Trefis

Below is a summary of the activity at Trefis during the past week that Trefis thought Econintersect readers would find interesting.

Trefis is a financial community structured around trends, forecasts and insights related to some of the most popular stocks in the US. It provides the unique feature of allowing the user to model future valuation based upon projected changes in components of each business. It also provides communication capabilities among members, including consensus of member analysis compared to Trefis staff analysis and blogging opportunities for members.

Click on graphic for larger image and go to Trefis interactive page.

Click "Read more..." to see our clickable table of contents and most covered companies of the week.

Prepare for Earnings Disappointments?

Admin — Sat, 18 May 2013 06:50:35 +0000

Corporate Disappointment

From Daily Reckoning

by Dan Amoss, Daily Reckoning

Will investors perpetually bid up an earnings stream that has peaked and may be on the verge of shrinking? We’re about to find out…

With first-quarter earnings season under way, expectations for earnings have rarely been higher. But there are many signs that corporate profits have peaked, including a surge in negative guidance from company management.

Disappointment and lower stock prices are likely; it makes no sense for investors to pay ever higher prices for a shrinking earnings stream.

Facebook IPO? Should Have Bought Yahoo!

Admin — Fri, 17 May 2013 22:19:09 +0000

by Felix Richter, Statista.com

Back in February 2012, when Facebook announced its plans to go public, the tech world immediately went crazy. The hype was enormous over what should become one of the biggest IPOs of all time. On May 18, Facebook started trading at $38, giving the company an implied valuation of $104 billion. Unfortunately, what was supposed to be a sure shot investment, turned out to be a dud.

Investing.com Weekly Wrap-Up 17 May 2013

Admin — Fri, 17 May 2013 21:55:38 +0000

by Investing.com Staff, Investing.com

U.S stocks rise for fourth week on sentiment data; Dow gains 0.80%.

U.S. stocks rose on Friday, ending higher for a fourth consecutive week after a consumer sentiment barometer beat expectations.

At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.80%, the S&P 500 index ended up 0.95%, while the Nasdaq Composite index rose 0.97%.

Trade With The Trend

Archidev Ghosh — Fri, 17 May 2013 04:58:21 +0000

Online Trading Academy Article of the Week

by Sam Seiden, Online Trading Academy

We have all heard the phrase, “Trade with the trend, the trend is your friend.” While there is much truth to this statement, what specific rule-based action do we take to make money from this simple concept? To dive into the important details and make sure that by the end of this article you are a better trader, I will use a recent Online Trading Academy Pro Pick in the stock market to make my points. Pro Picks is the Stock, Futures, and Forex picking service for Online Trading Academy graduates in the Extended Learning Track (XLT). The service is delivered daily, giving XLT members an entry zone, stop price, and target or targets. Each trade is also delivered in a very educational way with a detailed explanation of strategy so that users can learn to do this themselves. The core strategy at Online Trading Academy is the simple combination of supply (retail), demand (wholesale), and trends.

Investing.com Technical Analysis 16 May 2013

Admin — Fri, 17 May 2013 04:46:51 +0000

Investing.com Technical Analysis (as of Thu, 16 May 2013 05:00pm EDT)

by Investing.com Staff, Investing.com

Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the end of the 16 May 2013 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.

Investing in Recovery. What Recovery?

Admin — Thu, 16 May 2013 22:18:19 +0000

by Pebblewriter, Pebblewriter.com

Housing starts missed big time, sliding 16.5% in April. Single-family was down 2.1% and apartments were down a whopping 37.8%. CPI also missed, with both total and core coming in at half the expected rate. But, the big news was initial claims, which jumped back up to 360K versus expectations of 330K and last months 328K (revised up from 323K.)

Global QE and Investment Assets

Archidev Ghosh — Thu, 16 May 2013 05:01:06 +0000

Investing Daily Article of the Week

by Philip Springer

This article was first published by Investing Daily (May 10, 2013)

Over the last 50 years, the yield on 10-year US Treasury issues has averaged 6.7 percent.

During that same period, the average price-to-earnings (P/E) ratio of the Standard & Poor’s 500 has been 15.

Today, with the 10-year Treasury paying only 1.9 percent and official inflation at under 2 percent, the S&P 500 is trading at around its 50-year P/E average.

Update On The Japanese Pairs

Archidev Ghosh — Wed, 15 May 2013 06:20:34 +0000

by Mike Ber, Forex Alerts

Cross posted with Zentrader.ca.

While all Japanese pairs that we cover remain bullish in the long term, we may expect consolidation in the short term. Everyone who is so desperate to be in JPY trade will be able to buy on a pullback.

This consolidation may be expected any time soon, perhaps even today, or within next two trading sessions, and may be quick or may take few days to unfold.

Investing.com Technical Analysis 14 May 2013

Admin — Wed, 15 May 2013 02:50:13 +0000

Investing.com Technical Analysis (as of Tue, 14 May 2013 05:00pm EDT)

by Investing.com Staff, Investing.com

Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the end of the 14 May 2013 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.

Euro/Dollar Weekly Update 13 May 2013

Archidev Ghosh — Tue, 14 May 2013 06:23:20 +0000

EURUSD Technical Analysis – 13th-17th May – Euro/Dollar Weekly Update

by Nick Simpson, Forex-FX-4X

EURUSD broke below previous 1.2950 area support on Friday but closed the day (and week) back near the 1.3000 round number area. The key currency pair has dropped almost 300 pips from the early May swing high around 1.3250.
The failure to close under previous support may see the euro/dollar pair retest the area around the 200 period SMA and squeeze the weaker euro shorts during early week trading. The 200 SMA is roughly aligned with prior support lows around 1.3030.
We also note the US dollar index has taken out previous USDX 83.42 area resistance, but ultimately closed the week under the recent range high point.

David Rosenberg: A Bond Bull Turns Bearish

Archidev Ghosh — Mon, 13 May 2013 07:11:12 +0000

by John Mauldin, Thoughts from the Frontline

How do we get to full employment and improved national education from the launching point of David Rosenberg's very recent call (at the conference and elsewhere) that we will soon see inflation and the onset of a bond bear market? I must say that he surprised a few of us with his conversion from bond bull to bond bear. But the reason why he converted surprised us even more. I am not going to be able to do justice to his impeccably reasoned, highly detailed presentation in this short space, but let me hit some highlights.

Specifically, Rosie thinks that the Fed is going to be surprised by wage-push inflation. How could we see inflation in wages in such a soft labor market? That was the first question in my mind, and the following charts give me some reasons for my question.

The Week Ahead: Are We Waiting on Consumers?

Admin — Sun, 12 May 2013 07:10:59 +0000

by Jeff Miller, A Dash of Insight

The economic recovery, to the surprise of nearly everyone, has been consumer-driven. This has occurred despite increased savings and an overall improvement in household balance sheets. Businesses have been cautious to invest and to hire. State and local governments have been slashing spending and employees.

I expect a week with a consumer focus. It starts with data on retail sales, expected to be weaker from the payroll tax increase and lower gasoline spending. It ends with the important indicators on housing. There are several possible themes this week, but I expect the role of the consumer to be at the forefront of the discussion.

Trefis: Highlights Week Ending 10 May 2013

Admin — Sat, 11 May 2013 18:41:52 +0000

Written by Trefis

Below is a summary of the activity at Trefis during the past week that Trefis thought Econintersect readers would find interesting.

Click "Read more..." to see our clickable table of contents and most covered companies of the week.