Monthly Archives: July 2015

5 Stocks To Watch For This Week

Reports Tuesday, July 28 Report Wednesday, July 29 Report Thursday, July 30 Gilead Sciences (GILD) Gilead Sciences (GILD) reports its FQ2 ’15 results on Tuesday after the market close. Both Estimize and Wall Street are predicting a fall in EPS and revenues QoQ. Estimize are forecasting an EPS figure of $2.78 and a revenue target of…

How To Identify A Classic Bubble

One of the most ironic and fascinating characteristics about an asset bubble is that central banks claim they can’t recognize one until after it bursts. And Wall Street apologists tend to ignore the manifestation of bubbles because the profit stream is just too difficult to surrender. The excuses for piling money into a particular asset…

IFO Surprises And Lifts Euro

The Euro had been gathering steam and had earlier struck a 2-week peak versus the US Dollar as traders awaited the release of German business sentiment. Germany, as the largest economy in the Euro area, essentially drives the remainder of the Eurozone and largely sets sentiment for the common currency. All three of the IFO…

IFO Surprises And Lifts Euro

The Euro had been gathering steam and had earlier struck a 2-week peak versus the US Dollar as traders awaited the release of German business sentiment. Germany, as the largest economy in the Euro area, essentially drives the remainder of the Eurozone and largely sets sentiment for the common currency. All three of the IFO…

Emerging Market Preview: The Week Ahead

(from my colleague Dr. Win Thin)   EM assets are starting off the week on a softer footing. The China situation remains unsettled, with stocks on Monday posting their biggest one-day loss in eight years. More support measures seem likely if the rout continues.The calm in China equity markets from last week has been shattered, and is…

U.S Recession Imminent – Durable Goods Drop For 5th Month,

Durable Goods new orders has now fallen 5 months in a row (after revisions) flashing a orangey/red recession warning.     After 2 weak months, Durable Goods bounced more than expected in June (+3.4% vs +3.2% exp) – though non-seasonally-adjusted dropped 3.1% MoM. But ex-Transports remain deeply in recession territory.     There was an  unexpected drop…

Spirit Airlines (SAVE) Beats Q2 Earnings, Revenues In Line

Spirit Airlines (SAVE – Snapshot Report) reported second-quarter 2015 financial numbers wherein the bottom line exceeded the Zacks Consensus Estimate while the top line was on par with the same. In the reported quarter, GAAP earnings of $1.05 per share increased 18.3% year over year while adjusted earnings of $1.03 per share surpassed the Zacks Consensus Estimate of…