Oil prices slumped on Tuesday as the industry awaited inventory data. The price of oil fell by more than 1% in afternoon trade as U.S. crude falls below the $50 mark for the second straight session. Concerns of domestic inventory
October 25, 2016
During the day on Wednesday, we get the Crude Oil Inventories announcement coming out, as well as the New Home Sales numbers coming from America. With that in mind, we look at the following 3 assets: DAX The German index
Apple Inc. (Nasdaq:AAPL) released the earnings results for the fourth quarter of its fiscal 2016 after closing bell, posting earnings of $1.67 per share on $46.9 billion in sales. Analysts had been expecting earnings of $1.66 per share on $46.9
Major cyclical turning points tend to feature large numbers of people doing and saying what in retrospect turn out to be amazingly dumb things. Think GM highlighting its line of Hummers just before an oil price spike bankrupts the company.
Last week’s commentary stated that we expected to see a high in the Dow no later than Wednesday. That high didn’t come a day too soon as the index topped on Wednesday at 18,252 and fell to an intra-day low
A review of the day’s trading in the agriculture markets. (Video length: 00:09:44)
Chipotle Mexican Grill (CMG) and Pandora Media (P) released their latest earnings reports after closing bell tonight. Chipotle posted earnings of 27 cents per share on $1 billion in revenue. Analysts had been looking for $1.59 per share in earnings
The Chart of the Day belongs to Franklin Covey (NYSE:FC). I found the performance consulting stock by using Barchart to sort the Russell 3000 Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of
Coca-Cola (KO): Financial performance has greatly slowed down in recent quarters owing to a shift in consumer preference away from unhealthy sugary drinks. The downturn in carbonated soft drink sales have pushed KO toward more water based beverages and juices.
Stocks were weak today, and mostly ending lower led down by consumer discretionary earnings reports. Speaking of which, Pandora had a sloppy miss after the bell. All the world waits for Apple. If it is notable I will update. The
