In spite of several industry headwinds, AGCO (AGCO – Analyst Report) managed to deliver a solid ‘beat and raise’ on July 28. This led to a flurry of positive earnings estimate revisions, which sent the stock to a Zacks Rank of 1 (Strong Buy). AGCO, which makes agricultural equipment like tractors and combines, is facing significant challenges from falling…
SOX-SPX is still down below the channel. While the book-to-bill data have been firm (through June), the Semi index is starting to act like it would like to be in line with 2013 bullish running mate PALL-Gold, which is now bearish. Click on picture to enlarge As for former leader RUT, it is just too…
Increasingly concerned about the markets, I’ve taken more aggressive action than in 2007, the last time I soured on the equity markets. Let me explain why and what I’m doing to try to profit from what may lie ahead. I started to get concerned about the markets in 2014, when I heard of a…
Over the last 100 sessions, the Canadian dollar and oil (front month light sweet crude) have moved in the same direction about 79 times. From the middle of November 2014 through mid-January, the relationship was even tighter at about 95 days on a rolling basis. However, the capital flows into and out of Canada swamp…
European Markets rally European stocks broke a 5 day losing streak early today despite woes in China where the Shanghai Composite fell a further 1.7% today following it’s 8.5% slump on Monday. In Europe, traders were boosted by positive earnings news which gave a lift to major stocks by almost 1%. GBP was up against…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Medical technology is not considered a huge-margin investment in the way that the biotech and drug industries are. However, some of today’s medtech blurs the line, including hybrid companies developing stem cell and…
Apple is now down 15% from record highs as “no brainer” investors begin to question their faith in its China prospects. This is the biggest drop since January 2013 and overall AAPL is now almost unchanged on the year…AAPL has lost $27bn market cap today.. a TWTR or a LNKD Biggest drop since Jan 2013… Click on picture…
Video Length: 00:01:59 Looking at the markets, there isn’t too much to move them with perhaps the exception of a statement out of the Reserve Bank of Australia during the day. We have to pay attention to what the Australians believe, because quite frankly may have a unique insight into what’s going on in Asia. With this,…
To begin with, I like Mark Mobius. When I feel like Asia and Emerging markets are worthy of investment I use Mobius’ actively managed funds as opposed to FXI or EEM (associated bull and bear funds of which are very tradable). On crude oil: “at below 50 this is something that no one, ah, ever imagined…”…
Mosaic‘s (MOS – Analyst Report) profits jumped in second-quarter 2015, helped by higher phosphate sales volumes, increased potash pricing and the company’s cost-cutting actions. Mosaic logged a profit of $390.6 million or $1.08 per share in the reported quarter, surging roughly 57% from $248.4 million or 64 cents a share a year ago. Earnings, barring one-time items,…
