Another 500+ companies reported earnings this week, bringing the total number of companies that have reported this earnings season up to 2,000+. The “unofficial” end to earnings season comes next week when Wal Mart (WMT) reports on Thursday. With less than a week to go, the summary results for this earnings season aren’t likely to…
Even though cryptocurrency values have thus far been difficult to predict, there are a few key components of determining a project’s success. One of the biggest factors is technology. While investors don’t necessarily have to know about the technical details of a project, it’s still important to see some progress in this area. Testnets are able to…
Cloud computing software vendor Twilio (NYSE: TWLO) recently reported its first quarter financial results that shattered all expectations. The market is very pleased with Twilio, with some categorizing it as a “star in digitization”. Photo Credit: Web Summit/Flickr.com Twilio’s Financials For the quarter, Twilio’s revenues grew 48% to $129.1 million, ahead of the market’s forecast of…
Until yesterday, Symantec was a well-behaved, picture-perfect bullish stock. Just one bad “forward guidance” is all it takes to wipe out 35% of its market cap within milliseconds, which just goes to show how priced-for-perfection equities are these days. Here is a longer view, showing how severe the break is.
My Swing Trading Approach I’m not opposed to adding more long exposure, but may wait for some consolidation in price or a light volume pullback first. Indicators VIX – Breaking down hard and fast. Down six days in a row. Lowest close since late January, and a sign that volatility is trending lower. T2108 (% of stocks…
It appears that 1275bps of rate-hikes, hopes for an IMF bailout, and promises-promises from the government are not enough to halt the capital flight from Argentina as the Peso just crashed back to a new record low over 23 per USD. With 7-day repo-rates at 40.00%, still, the currency is collapsing… Ironically, BNP Paribas says the Peso…
There’s always something else to worry about. For a while now, investors we admire such as Grantham, Mayo, van Oterloo (GMO) and Research Affiliates have been touting the cheapness of foreign stocks, especially emerging markets stocks. This past August James Montier of GMO argued that an allocation to the S&P 500 Index, given its valuation…
Although your investment results may seem random, they aren’t. In reality, your portfolio’s performance is directly influenced by a number of decisions you’ve consciously or unconsciously made. Let’s examine the factors driving your returns. Your Asset Mix Back in the 1990s, Gary Brinson’s landmark study highlighted the acute impact of a portfolio’s returns by how…
CAD/JPY Short Term Elliott Wave view suggests that the decline from 4/13 peak at 85.76 to 83.87 low ended Intermediate wave (2) as a double three Elliott Wave structure. The internal subdivision of the decline from 85.76 high shows an overlapping structure. This suggests the decline is corrective in nature. We label the correction as W-X-Y….
On Thursday, we brought you a sweeping piece that touched on a multitude of topics that are near and dear to us including, but not limited to: the extent to which modern market structure poses a bigger risk than most people are willing to admit; and the mechanisms and dynamics that transformed “BTFD” from a derisive meme…
