OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ15 -0.11%) are up +0.05% on signs of increased M&A activity as Dow Chemical and DuPont are both up more than 5% in pre-market trading after people with knowledge of the matter said the companies are in late-stage merger talks. European stocks are down -0.18% at a 1-1/2 month low due…
Overnight market action has largely been a continuation of Tuesday’s key themes with European stocks falling as a selloff in mining companies extended to a 7th day, even as metals prices rose and crude oil rallied modestly from a six-year low after yesterday’s API crude inventory draw. U.S. equity futures have rebounded from modest declines,…
General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. I Know First wrote an article about General Electric on Aug 27th 2015. The article argued…
Consumer discretionary stocks remain the top-performing US equity sector for the trailing 12-month period while energy is still caught in a bearish pattern. Meanwhile, the technology sector has perked up lately, inspiring some analysts to argue that positive momentum for this sector will push these stocks higher still. “Investors are starting to embrace some of…
As a trader, the recent news from OPEC in Vienna, Austria will be a breath of fresh air to you. If you were bullish on oil as an investment opportunity over the long-term, there’s nothing for you to worry about. If you are bullish on oil as a short-term investment opportunity, you may be somewhat disappointed…
As a trader, the recent news from OPEC in Vienna, Austria will be a breath of fresh air to you. If you were bullish on oil as an investment opportunity over the long-term, there’s nothing for you to worry about. If you are bullish on oil as a short-term investment opportunity, you may be somewhat disappointed…
On Wednesday Synthetic Biologics (SYN) announced that they had obtained positive phase 2 results in patients with Irritable Bowel Syndrome — IBS. More specifically it is is Irritable Bowel Syndrome with Constipation — IBS-C. The compound that the company is using to treat these patients with IBS-C is known as SYN-010. The trial was primarily…
As of January 1, 2016, Switzerland is handing over the names of everyone who has anything stored in its Swiss freeport customs warehouses. For decades, people have stored precious metals and art in Swiss custom ports — tax-free — as long as they did not take it into Switzerland. Now any hope on trusting Switzerland is totally…
The US dollar continues its mixed performance. The fragile stability of commodity prices today is not lending much support to the Australian and New Zealand dollars though the Canadian dollar is flat after yesterday’s slide. The euro has pushed above $1.09 for the first time this week. We had suggested a $1.08-$1.10 range would likely dominate this week.Technically, it…
Introduction Although getting valuation right before you buy a stock is critically important to the long-term oriented retired dividend growth investor, it is not a short-term market timing concept. My point is that short-term market movements are typically volatile and unpredictable. The reason is simple. Over short periods of time, which I define as less…
