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COMP

This tag is associated with 64 posts

D&D Note (8-1-2012) ~ FED Punts All Eyes On ECB

D&D Note (8-1-2012) Markets got a copied paste FED statement after the latest FMOC meeting. More of the same, ready to act, but not ready yet. Remember September is traditionally when the FED loosens, next meeting is Sept 12th and 13th. Now all investors attention turns to Mario Draghi and what the ECB decides or … Continue reading

D&D Note (7-30-2012) ~ All Eyes Await Global Central Bank Policy

D&D Note (7-30-2012) Markets today by and large treaded water awaiting the FED and ECB policy announcements later this week. While we most likely won’t see any stimulus from the FED this week investors will be hanging on every word to seek future guidance on policy. The ECB however could put many traders minds at … Continue reading

D&D Note (7-26-2012) ~ Super Mario Lifts Markets, Facebook Plummets

D&D Note (7-26-2012) Mario Draghi, the European Central Bank President, comments today that the ECB will do whatever it takes to preserve the Euro lifted markets into rally mode. His comments open the door up for another round of LTRO (Long-Term Refinancing Operation) from the ECB. The real question is can the ECB or will … Continue reading

D&D Note (7-23-2012) ~ Spanish Fears Drag Down Markets

D&D Note (7-23-2012) Call it the slowest train wreck in history. Investors have been worried about Spanish sovereign debt and adjusting their portfolios now for over three years. Today we had yet another cold call to reality that Spain most likely will need a full out bailout of banks and regions. The yields on the … Continue reading

D&D Note (7-18-2012) ~ Tech Earnings Fuel Rally

D&D Note (7-18-2012) Corporate earnings continue to come in better-than-expected helping to keep the rally going in stocks. Keep in mind the bar is low for earnings so in reality it shouldn’t be hard for most companies to beat street expectations. Tech companies led the day with Intel (INTC), Hewlett-Packard (HPQ), Cisco (CSCO), EMC (EMC), … Continue reading

D&D Note (7-17-2012) ~ U.S. Stocks Rally, Chinese Tech Gets Hit

D&D Note (7-17-2012) New Oriental Education & Technology (EDU) stock got hit today after the SEC said they are looking into the validity of the company’s past financial statements. This news led to other Chinese tech stocks getting hit on the news as well. Shares of Baidu (BIDU) fell 2.21% to close at $104.98. SINA … Continue reading

D&D Note (7-16-2012) ~ June Retail Sales Disappoint Leading Markets Lower

D&D Note (7-16-2012) Stocks finished lower on the day after the June retail sales data came in weaker-than-expected. Consumers have yet to be willing to open up their wallets in the face of the global economic uncertainty. Sales were expected to be 0.2% increase and instead came in falling 0.5% from the previous month. With … Continue reading

D&D Note (7-13-2012) ~ Stocks Get a JPMorgan Boost, Despite The $5.8 Billion Trading Loss By The Bank

D&D Note (7-13-2012) JPMorgan Chase (JPM) reported earnings today, and despite their $5.8 Billion trading loss, the bank released better-than-expected earnings for the second quarter. Shares rose almost 6% on the day. The JPMorgan earnings helped boost all most all stocks on the day including the other major U.S. banks. The slowdown in China shouldn’t … Continue reading

D&D Note (7-11-2012) ~ FED Minutes Drags Down Markets

D&D Note (7-11-2012) Stocks were trading positively until the FED released their minutes from the last meeting. The minutes showed that the central bank is still cautious of risk. No signs were given to any potential further QE – or QE3. This sent stocks straight down, but the markets did rally back a bit heading … Continue reading

D&D Note (7-10-2012) ~ Markets Turnover In Last Hour Of Trading

D&D Note (7-10-2012) Markets started out the day strong and came down into the European close, then reversed back up as usual. However near the last hour of trading Cummins (CMI) came out and lowered their sales forecast for the year resulting in the stock falling 9%. As the transports go so does the market … Continue reading