Monthly Archives: May 2018

Nvidia Earnings Preview: Here’s All That Matters

NVIDIA reports earnings tonight with a webcast at 5 PM. They had a blowout quarter and guide last quarter. We expect a good quarter and a higher guide but there are some special catalysts that can help this stock break out to new highs with conviction.Here’s Almost All That Matters… Gaming Crypto-NVIDIA-bears thought that Gaming’s Q4 strength was driven by…

Euro Depreciation: The Key To Unlocking The Value In European Exp

One of the biggest surprises of 2017 was the fact that the euro exchange rate measured against the U.S. dollar appreciated 14%—only about 7% behind the performance of the S&P 500 Index over the same period.1 The Consequence: European Equities Look Quite Attractive (7/31/12–4/30/2018) This spread illustrates one consequence of a central bank policy divergence, as the 10-year…

Rockets’ Red Glare

Oil has taken off like a rocket as Israel strikes Iranian targets in Syria in response to rocket fire overnight. Israel says it targeted Iran’s military infrastructure in Syria, in response to an Iranian rocket attack on the occupied Golan Heights. This comes as Iran lashes out in every direction in response to the U.S. backing…

Sentiment More Bullish, But…

The U.S. stock market indexes gained between 0.7% and 1.0% on Wednesday, extending their recent move up, as investors reacted to economic data releases, among others. The S&P 500 index reached 2,700 mark, as it got closer to its mid-April local high. It is currently 6.1% below January 26 record high of 2,872.87. The Dow Jones…

Morning Call For Thursday, May 10

Overnight Markets And News Jun E-mini S&Ps (ESM18 +0.10%) this morning are up +0.06% at a 3-week high as a rally in crude oil prices to a new 3-1/2 year high bolsters energy stocks. Jun WTI crude oil (CLM18 +0.52%) is up +0.51% at a fresh 3-1/2 year high on heightened Middle East tensions after Israel said…