United Continental Holdings (UAL – Free Report) released its second-quarter fiscal 2017 financial results, posting earnings of $2.75 per share and revenues of $10 billion. Currently, UAL is a Zacks Rank #1 (Strong Buy) and is down 3.68% to $76.00 per share in trading shortly after its earnings report was released. United: Beat earnings estimates. The company…
BSE Sensex lost 364 points in yesterday’s trade amid weak international market. Losses were largely seen in FMCG and realty stocks. Asian Markets Tumble on US Healthcare News… Asian markets ended yesterday’s trade on a negative note as the US dollar weakened. The dollar sank on news that two additional Republican senators had opposed the Republican health-care bill. Investors were now…
The S&P dropped within hours of opening and rose through the day to close at another all-time high. The index saw a daily gain of 0.06% and a YTD gain of 9.91%. The U.S. Treasury puts the closing yield on the 10-year note at 2.27%. Here is a daily chart of the S&P 500. Today’s…
SPX Monitoring purposes; Covered short on 7/6 at 2409.75=gain 1.2%; Short SPX 6/26/17 at 2439.07 Monitoring purposes Gold: Neutral Long Term Trend monitor purposes: Neutral Friday the Equity Put/Call ratio (CPCE) closed at .53. CPCE readings .55 and less predict a lower market 88% of the time in the next five days with an average…
The chart below is a look at the short-term trend. It looks healthy, but I’m still a skeptic. The 50-day, shown in red, is the line in the sand. If we break that, I’ll be raising more cash. I still think that the Semiconductors are critical for the market. At the moment, this chart looks…
The stock market is back to its low volatility grinding higher ways. In tonight’s video we look at the two trading approaches for low volatility markets. Watch this video update to find out what’s working now in today’s market… Video Length – 00:13:47
Cable saw a small sell-off today in the wake of cooler than expected CPI readings, but the pair held key 1.3000 support and appears well on its way towards testing multi-month highs at the 1.3200 level. Tonight is an off night for the eco calendar with nothing on the docket in either UK or North…
Ethereum has done tremendously well in the last 48 hours. The Ethereum price shot up an incredible 95 percent in 48 hours. On Monday, Ethereum dipped at $132 and today’s intraday high was $258. That is amazing. Now Ethereum is doing exactly what it has to do in order to sustain its bull market. First, it respected…
DENVER, July 18, 2017 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (Nasdaq:XOG) (“Extraction”) priced its previously announced private offering of senior unsecured notes due in 2024 (the “Notes Offering”). The senior unsecured notes (the “Notes”) will bear interest at 7.375% per annum. Extraction upsized the offering amount from $350 million to $400 million in aggregate…
While little happened over the last couple of days since the breakouts, enough was done to hang on to these gains. Tech had the best of the action, pushing away from support and consolidating the bullish position. Volume wasn’t spectacular but not surprising given the summer season. The Nasdaq defended breakout support with a…
