There was little change on the day-to-day machinations of the market. The S&P is riding along upper channel resistance with technicals still bullish. The Nasdaq is caught in a halfway house with bullish technicals and a relative advantage of the
October 17, 2017
Steve Craig, Elliott Wave International’s Chief Energy Analyst and editor of Energy Pro Service, tells you how he stays on top of the ebbs and flows in energy markets.
Top Tickers for October 17, 2017:S, FB, AAPL, GE, WFT, MSFT
Although M&A is a frequent occurrence in the biotech sector, major M&A is normally less common for large cap stocks. In the case of Shire PLC (ADR) (NASDAQ: SHPG), a $46 billion market cap pharma company, major M&A could be a potential outcome
Value and Momentum Investing — our two favorite factors. We talk about these phenomena on our blog all the time, and have given both rational (1) and behavioral explanations as to why these may occur. (Here is a hot off the press working paper that attempts the “rational”
The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50
IBM 3Q 2017 earnings were released after closing bell, and the company posted non-GAAP earnings of $3.30 per share on $19.2 billion in sales, compared to the consensus estimates of $3.28 per share in adjusted earnings on $18.57 billion in revenue. In
In the latest sign that U.S. manufacturing is in fine fettle, the New York Federal Reserve’s Empire State manufacturing index hit its highest level in three years during the month of October. A raft of recently released data also serves
Following earlier reports that Canada and Mexico would push back on and “firmly reject” Trump’s Nafta demands, moments ago the Mexican Peso surged by 1.5%, the most in 4 months, after Nafta negotiators announced they had successfully completed the 4th round of talks
TM Editors’ Note: This discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. (Audio length 00:08:00) Silver Viper Minerals (TSX.V: VIPR) is a newly listed exploration company focused on the Clemente
