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Market Close Report: NASDAQ Composite index closes at 5,860.63 down -5.32 points

Wednesday s session closes with the NASDAQ Composite Index at 5 860 63 The total shares traded for the NASDAQ was over 1 99 billion Declining stocks led advancers by 1 49 to 1 ratio There were 1156 advancers and 1723 decliners for the day On the NASDAQ Stock Exchange 97 stocks...
Posted On 24 Feb 2017

Big and Bold Is Better – Just Keep It to Tax Reform

Tuesday February 21 2017 Ahead of the bell in this Presidents Day shortened week 16 major U S CEOs including from companies in machinery and defense such as Caterpillar CAT Boeing BA and United Technologies UTX have drawn up a statement for lawmakers on Capitol Hill Source
Posted On 22 Feb 2017

Stock Market News for February 21, 2017

Benchmarks finished at record highs on Friday thanks to the euphoria surrounding President Donald Trump s proposed market friendly policies including the prospects of massive tax cuts and uptick in infrastructure spending Gains in Kraft Heinz also helped the broader markets gain...
Posted On 22 Feb 2017

The Stock Market Is Not Even Close To A Major Top – So Dont Believe The Hype

By Avi Gilburt,  ElliottWaveTrader.net The stock market is too high.  The fundamentals don’t support these heights.  This rally is completely “fake” because it has been “manipulated.” The market is in “nosebleed” territory.  We are in a blow-off rally. The market is about to...
Posted On 22 Feb 2017

Chesapeake Energy To Post A Surge In 4Q16 Earnings; Increases 2017 Capex By Almost 30%

Chesapeake Energy CHK 160 one of the 160 largest natural gas producers in the US is slated to report its December quarter and full year 2016 results before the market opens on 23rd February 2017 Chesapeake Energy To Announce Its December Quarter Results 31st January Source
Posted On 22 Feb 2017

HPQ Earnings Preview: Revenues To Report Marginal Growth In Constant Currency

Hewlett Packard Incorporated 160 HPQ 160 is set to announce its fiscal 160 Q1 results on Wednesday 160 February 22 We expect the company to report a marginal improvement in revenues despite the downturn in shipments and sales across both of its business 160 divisions PCs and Source
Posted On 22 Feb 2017

Dish Network Earnings Preview: Revenues To See Marginal Growth For 2016

Dish Network 160 DISH is set to report its Q4 2016 earnings on February 160 22 and we expect that its results will be once again marked by an accelerated loss in subscribers Users are actively shifting to streaming services such as Netflix and Pay TV companies are losing Source
Posted On 22 Feb 2017

What Proportion Of Revenues For The 4 Largest Custody Banks Came From Custody Banking Fees In 2016?

While custody banking fees are responsible for almost 50 of the top line for two largest custody banks in the world BNY Mellon and State Street their share in total revenues for the next two biggest custody banks JPMorgan and Citigroup is less than 4 This discrepancy is easily Source
Posted On 22 Feb 2017

Key Takeaways From Applied Materials Q117 Earnings

Applied Materials 160 AMAT reported its Q1 2017 earnings on February 15th Fiscal year ending October During the quarter the company saw strong growth in both its Semiconductor systems and Display segments Further Applied s operating margins improved by 8 percentage points during Source
Posted On 22 Feb 2017

How Did Chinese Wireless Carriers Fare In January?

January proved to be a relatively strong month for the major Chinese wireless carriers as they added a total of 5 3 million net subscribers roughly 60 ahead of December 2016 However high speed additions saw a 160 20 month over month decline likely due to 160 some saturation Source
Posted On 22 Feb 2017