Jan 292021

If you look at things happening around us then you would say that you can. For example.

Covid-19 – At this point a big issue, but there are several vaccines for it. So, sooner or later it will be over. The value of companies that created those vaccines will be getting a higher value.

But also the business that do the delivery of this. And several other business that have a side effect from it. Like the producer of all the small bottles where the vaccine is transported in, but also the manufacture of the cooling cell, and the business that is making the equipment in the hospital.

So, can you predict stocks for those companies (If they have stocks) Yes, you can, as you can find a lot of information.

Same with companies like Tesla, and business that deliver parts for it, but also side effects from these electric cars will do good in the future market. Simple because the demand will only be bigger. That is why Tesla can make years a lost and come out as a winner.

So, start predicting yourself. You can do it ….

 Posted by at 11:18 am
Jan 112021

Hi all,

Just a simple tip ! Really fast !

As you can see in the above picture is the Bitcoin in a drop. Will this mean that not only the bitcoin is over his bubble but also the stocks ? NO! As at this moment the stocks are doing really good ? And the affect of seeing everywhere vaccination starting for Covid, change of President in America is all helping the stocks to grow. So, now it is maybe the time to sell your bitcoins and invest fast in stocks 🙂

Let me know what you think about it !

 Posted by at 9:27 am
Dec 142020


European stocks struggled for traction on Thursday, as concerns over climbing COVID-19 cases worldwide and a U.S. holiday kept investors on the sidelines.

The Stoxx Europe 600 index

traded flat, similar to Wednesday’s session. The month of November has seen a 14% gain for the index thanks to a string of positive vaccine news that has cheered investors. If those gains hold, that will mark the best monthly return in 30 years, according to FactSet data. The German DAX

and the French CAC 40

fell 0.1% each, and the FTSE 100

dropped 0.5%.

U.S. stock futures


were flat outside of higher Nasdaq-100

futures. U.S. markets will be closed for the Thanksgiving Day holiday, and reopen for a shortened session on Friday.

The Nasdaq Composite

closed at a fresh record for the first time in three months on Wednesday, but the Dow Jones Industrial Average

edged back from its historic close above a milestone at 30,000 seen Tuesday.

Opinion: The Russell 2000 has had a powerful November — and the gains aren’t over

That Dow record was fueled by a rotation into previously unloved sectors of the market that have been beaten down by the pandemic. But that action paused as investors absorbed a mixed batch of U.S. data ahead of Thursday’s Thanksgiving Day holiday that comes as 45 of the country’s states battle record infections and hospitalizations. The country’s death toll is the highest in the world.

Investors remain concerned markets may have run up too soon, too fast, despite positive COVID-19 vaccine news, as the rollout of those will take time and global economies are still facing deep struggles.

Read: U.S. is ‘in the middle of the Fight of the Century,’ says former CDC head as cases rise in 45 states, hospitalizations set record

Meanwhile, Europe continues to battle its own second virus wave. Germany extended partial lockdown measures until Dec. 20, with bars, restaurants and other places of leisure closed, after the country’s COVID-19 related deaths reached a record on Wednesday. Gatherings will be limited to five persons, but the measures will be temporarily eased over Christmas.

The partial lockdown is expected to trigger a fall in German consumer sentiment for December, market-research group GfK said Thursday.

While markets appear to have taken the news of Germany’s extended lockdowns in stride, the decision itself “suggests that the coming winter is likely to be a long hard slog for businesses all over Europe, as populations tire of having their freedoms restricted, and concerns grow about the prospect of much longer term economic damage,” Michael Hewsoon, chief market analyst at CMC Markets UK, told clients in a note.

In the U.K. on Wednesday, Chancellor of the Exchequer Richie Sunak said the nation’s economy was poised to contract by 11.3% this year due to COVID-19, making for the biggest downturn in more than 300 years.  He unveiled a £4.3 billion plan to tackle the likelihood of mass unemployment that will include a 2.2% hike in the minimum wage.

Read: ‘Desperate times need desperate measures’ – analysts react to U.K. spending review

Shares of Britvic

rose 2% after the soft drinks giant posted a slight gain in pretax profit for the 2020 financial year. It also warned that the pandemic will continue to affect its performance in the first half of the current year.

And shares of Remy Cointreau

slipped nearly 1% after French spirits group said net profit for the first half of fiscal 2021 fell, though it expects a second-half recovery.


shares fell more than 2% after the Spanish energy group said it would invest 18.3 billion euros ($21.8 billion) between 2021 and 2025 to accelerate growth of low-carbon projects, become sustainable and bolster shareholder return.

Losses for major oil companies weighed on main indexes, with crude oil prices


falling by over 1% on Thursday. Shares of BP


and Total

fell more than 0.5% each.

Shares of major banks were also in the red, led by Banco Santander

down 1.8%, and Lloyds Banking Group


down 3%.

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 Posted by at 12:49 pm
Mar 052020


Public health officials are warning Americans to brace for the spread of the coronavirus, and many are wondering about the best way to prepare — and whether they have enough money to get tested and treated.

Worldwide, more than 95,000 confirmed cases have been reported, and more than 3,200 deaths as of Wednesday.

In the U.S., 11 people have died — 10 in Washington State and one in California — and there are more than 150 confirmed cases; 54 of those cases are in California, leading Gavin Newsom, the Democratic governor of that state, to follow Washington state and declare a state of emergency.

Public health officials are trying to slow the spread of the virus by identifying people who think they could be infected, testing them, and isolating them. But that strategy is built on the assumption that people in the U.S. seek medical care when they think they need it. The reality is that many Americans forgo health care because they’re worried they can’t afford it.

‘You don’t want people who should go and seek care to not go because they’re concerned about costs.’

— —Jen Kates, senior vice president and director of global health and HIV policy at Kaiser Family Foundation

“You don’t want people who should go and seek care to not go because they’re concerned about costs. If somebody is sick they should interact with the medical system,” Jen Kates, senior vice president and director of global health and HIV policy at Kaiser Family Foundation, told MarketWatch.

Troubling stories about steep medical bills have been spreading along with the disease. In Miami, a man who got tested after a work trip to China reportedly racked up $3,270 in hospital charges. A Pennsylvania man set up a GoFundMe page to help pay for $3,918 in surprise bills after he was evacuated from China and quarantined with his three-year-old daughter.

In Kansas, a debate coach who traveled to Shanghai for a tournament in mid-January was tested at a Kansas hospital for the coronavirus and other ailments and received a $983 bill a few weeks later, he told MarketWatch.

“My first reaction was to laugh in disbelief,” said 27-year-old Tyler Prochazka of the moment he saw the bill. In his case, a nurse had taken a nose swab and told Prochazka it would be sent to the CDC, who would cover the cost of testing the specimen, he said. That didn’t end up happening. “I wasn’t entirely surprised because I cannot think of a single encounter with the American health care system that didn’t have a similar outcome,” Prochazka said.

Testing is now being conducted at hospitals — and they’ll need to bill someone

The first coronavirus case in the U.S. was reported in late January, and until late February, the Centers for Disease Control and Prevention was only conducting testing at its own labs. The CDC has covered the cost of the test for most individuals so far, Kates said. (Prochazka’s test cost, however, wasn’t covered by the CDC, and he and the other patients mentioned above who incurred big bills were also charged for other costs associated with visiting hospitals or being quarantined.)

Going forward, tests will be conducted at sites including hospitals. And those sites will most likely want to bill an insurer, Kates said. So how much will it cost patients to get the coronavirus test? “It is going to be a function of whether or not they are insured and what kind of coverage they have,” Kates said. “They could face the cost of a doctor’s office or hospital outpatient or ER visit — a particular issue for those who are uninsured or have a high deductible.”

The CDC did not respond to multiple requests for comment.

The agency that runs Medicare and Medicaid recently created a new billing code that will allow health-care providers to bill for the coronavirus lab test. The price for the test hasn’t been set yet, a spokeswoman for the Centers for Medicare & Medicaid Services told MarketWatch.

For Medicaid patients, diagnostic tests are an optional service. It will be up to individual states to cover the test or not for Medicaid recipients, the CMS spokeswoman added.

The new billing code is a positive development, because it will eventually help standardize the test price and prevent a situation where hospitals make up a price for the procedure on the fly, said Caitlin Donovan, spokeswoman for the National Patient Advocate Foundation, a nonprofit that pushes for affordable access to quality medical care.

New York says it’s going to force insurers to pay for testing

At least one state is telling residents that if they need to be tested or treated for the coronavirus, their expenses will be covered. New York Gov. Andrew Cuomo announced Monday that he’s issuing a directive “requiring NY health insurers to waive cost sharing associated with testing for #coronavirus, including emergency room, urgent care and office visits.”

He wrote on Twitter
“We can’t let cost be a barrier to access to COVID-19 testing for any New Yorker.” He added that New Yorkers on Medicaid wouldn’t have to pay for testing.

In Washington State where local news outlets reported 10 deaths from the coronavirus as of Wednesday the state health care authority said it’s working with insurers for public employees and Medicaid recipients to ensure both testing and treatment will be covered “when determined necessary by a health care provider.”

A spokeswoman for America’s Health Insurance Plans a trade group for health insurers, said insurers will work to keep Americans’ costs down.

“No one should hesitate to seek treatment for COVID-19 during this national public-health emergency because of concerns about costs” said AHIP spokeswoman Kristine Grow.

“Effectively containing and responding to COVID-19 relies on strong public-private partnerships with a shared commitment to putting the health and well-being of the American people first” she said. “Health insurance providers fully support this commitment, and are working with other health-care stakeholders to develop and implement solutions that will protect Americans seeking diagnoses for, and treatment of, COVID-19 from out-of-pocket costs.”

Taxpayers could pay to treat uninsured patients

Half of U.S. adults said they or a family member either postponed or skipped going to the doctor in the last year because of the cost 2019 polling by the nonprofit health research group Kaiser Family Foundation found.

“About half of the public regardless of socioeconomic status or health condition, say they are either ‘very worried’ or ‘somewhat worried’ about being able to afford unexpected medical bills or their health-insurance deductible,” Kaiser researchers wrote.

As for the cost of treatment of COVID-19 the Trump administration has said it’s exploring using federal money to pay for treating uninsured patients infected with the coronavirus The Wall Street Journal reported.

There’s also a federal public-health statute that allows the CDC to authorize payment for the care and treatment of individuals subject to “medical examination quarantine, isolation, and conditional release.” This move would require CDC authorization, and most likely, additional appropriations from Congress, Kates noted.

How to keep costs down for the coronavirus test

One key consideration for people thinking about getting tested for the coronavirus: insurers will generally only cover tests if the test is deemed medically necessary which usually means a doctor has to recommend the test. So call your doctor first, Donovan said.

The first step in the testing process according to the CDC is to call your doctor if you think you have coronavirus symptoms or have been in contact with someone who has the virus, or have traveled to an area with “ongoing spread” of the virus.

‘We have the most unpredictable and expensive health-care system in the world, and injecting the chaos of an epidemic into it is going to expose every weakness and fallibility.’

— —Caitlin Donovan, National Patient Advocate Foundation

It’s also important to get checked out by a doctor first because if you skip the doctor and go straight to the emergency room, you run the risk of your insurer refusing to cover the ER visit, Donovan said.

Insurers have been known to reject claims for emergency department visits that they consider “frivolous,” she said.

Another reason a hospital visit should be your last resort: it’s significantly more expensive than a doctor visit. (The average cost of an ER visit in 2017 was $1,389, up 176% from 10 years prior, according to data from the Health Care Cost Institute.)

No matter why they visit a hospital, most patients are hit with a “facilities fee” just for walking in the door, Donovan said. What’s more, the CDC is recommending that hospitals treat potential coronavirus patients in isolated rooms, and use other special precautions. It’s not yet clear whether patients will be charged for these extra costs.

And whenever you get any lab tests done, it’s important to verify first that the lab and its technicians are “in-network,” meaning that they’re covered by your insurance plan. Otherwise, you can end up with a surprise medical bill — even if your doctor recommended the test.

“We have the most unpredictable and expensive health care system in the world, and injecting the chaos of an epidemic into it is going to expose every weakness and fallibility,” Donovan said.

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 Posted by at 2:27 pm
Feb 282020


BASF SE said Friday that net profit and sales for the fourth quarter fell, and it warned of the negative effects of the coronavirus for the current year.

The German chemical company

BAS, -1.76%

said net profit for the period was 150 million euros ($164.2 million), compared with EUR348 million a year earlier.

Quarterly earnings before interest, taxes, depreciation and amortization rose to EUR1.49 billion from EUR1.30 billion. EBIT before special items was EUR765 million for the period, up from EUR621 million a year earlier.

Sales fell to EUR14.69 billion from EUR14.99 billion, BASF said.

For the full year, BASF had net profit of EUR8.42 billion, EBIT before special items of EUR4.54 billion and sales of EUR59.32 billion.

Analysts expected net profit of EUR9.05 billion, EBIT before special items of EUR4.53 billion and sales of EUR61.18 billion for the year, according to a consensus provided by Vara Research.

BASF proposed a dividend of EUR3.30 a share for 2019, an increase of EUR0.10 from the previous year.

Looking ahead, the company said it expects to sales for 2020 to be between EUR60 billion and EUR63 billion and its EBIT before special items to be between EUR4.2 billion and EUR4.8 billion.

The company expects the negative effects of the coronavirus to have “a significant impact world-wide,” especially in the first two quarters of this year. This forecast doesn’t take a world-wide spread of the virus into account, it said.

“However, we do not expect the corona effects to be fully offset during the course of the year,” the company’s Chief Executive Martin Brudermueller said.

Source link

 Posted by at 10:00 am
Feb 182020

How will the Corona-Virus affect the market ? Will your portfolio also get sick of it ? Will your stocks go down as result of the lack of product that go from and china to US and Europe Market ? What do you think !



Stocks are falling down. Will this end soon or will it further go down ? What are you going to do with your stocks !

Comment on this article with your opinion ! The best comments will be published !

Nov 102019

As it is going now with the extension of the brexit going to be in 2020 I wonder if you could make a profit from it ? And if so, what you would think of it and how you would do it ! Send us your opinion and we will place it here on our website !

Hope to see many responses !

 Posted by at 2:52 pm
Oct 222019
iRobot (IRBT) 3rd Quarter Earnings: What to Expect

Shares of iRobot (IRBT) have been underneath heavy promoting stress, plunging greater than 60% since April and the robotic vacuum maker now trades at about of third of its 52-week excessive of $132.88. The corporate is about to report third quarter earnings Tuesday and buyers are hoping the tide will flip.

IRBT inventory fell some 15% after its second quarter earnings, throughout which the corporate lowered full-year forecasts as a result of ongoing commerce battle between the U.S. and China. What’s extra, the corporate has begun to face elevated competitors within the house robotic house from the likes of SharkNinja, which is gaining market share by reducing product costs. That stated, the corporate has delivered spectacular quarterly outcomes.

Taking a look at its earlier 4 quarters, iRobot has surpassed analyst estimates every time. Throughout that span, the corporate has exceeded consensus earnings estimates by some 250%, together with crushing Q2 forecasts by 22 cents. Though the inventory, which trades at 52-week lows, has not mirrored the corporate’s precise outcomes on Tuesday, iRobot administration can reverse downbeat sentiment to the extent it may possibly difficulty assured steerage, together with a beat on each the highest and backside traces.

Within the three months that ended September, iRobot is predicted to report earnings of 52 cents per share on income of $259.38 million. This compares to the year-ago quarter when the corporate reported earnings of $1.12 per share on income of $264.53 million. For the complete yr, ending in December, earnings are projected to say no 16% yr over yr to $2.58 per share, whereas full-year income of $1.2 billion would rise 9.9% yr over yr.

Buyers view tariffs as one of many largest threats to the corporate’s development. Among the main retailers of iRobot, together with Amazon (AMZN), can be subjected to the tariff price of 25% on merchandise imported from China. Though the corporate beat analysts’ earnings estimates, it missed the income estimates within the June quarter and guided for income to be decrease, citing tariff influence on its revenue margins.

iRobot now expects full-year 2019 income of between $1.2 billion and $1.25 billion, full-year 2019 revenue of between $75 million and $100 million, and full-year per-share earnings of between $2.40 and $3.15 — every had been reasonably decrease than prior steerage. However not everyone seems to be panicking. Citing valuation a number of, Financial institution of America Merrill Lynch analysts final moth initiated protection on the inventory with a Purchase score and a one-year value goal of $70.

The large punishment in iRobot’s inventory considerably lowers its ahead PE ratio to round 18, which is inline with the S&P 500 index. Whereas consensus requires a 14% drop in earnings in 2019, income are anticipated to rise greater than 16% in 2020 and at an annual price of 18% over the following 5 years. In different phrases, iRobot inventory may very well be undervalued and able to bounce increased. However the firm on Tuesday should do its half to showcase that relative worth.

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.

The article was initially printed at – Source link

Oct 172019
Daily Markets: Don’t Break Out the Brexit Champagne Just Yet

Today’s focus might be on 11th hour Brexit negotiations for which reportedly a draft settlement has been reached by late morning UK time, pushing the foremost European indices into the inexperienced. Subsequent up are flushing out the main points after which attaining buy-in from each the EU and UK Parliaments, which is not at all a given. This might be one other purchase the rumor and promote the information second.

This draft places a tough border between Northern and The Republic of Eire, which goes to be a really powerful promote and has led to the Northern Irish Democratic Unionist Celebration already rejecting as we speak’s deal. UK opposition Labour occasion introduced this morning that, “…from what we all know, it appears the Prime Minister has negotiated an excellent worse deal than Theresa Might’s, which was overwhelmingly rejected.” Prime Minister Johnson has underneath UK regulation till Oct. 19 to cross some kind of settlement earlier than he’s required to request one more extension to the departure date of Oct. 31. TBD if the EU has grow to be Lodge California. Bored with Brexit, you aren’t alone.

US fairness futures are within the inexperienced after yesterday’s drop within the main indices because of disappointing retail gross sales for September, which declined -0.3% versus expectations for a rise of +0.3%, which outweighed any positives from earnings season to date. This was the weakest print relative to expectations since February however was the primary decline previously seven months. Eight sub-sectors declines whereas simply 5 noticed a rise month-over-month. In step with our Digital Way of life investing theme, shops had been significantly onerous hit throughout September, whereas digital commerce continued to achieve client pockets share.

Markets in Asia closed combined on fears of slowing international development mixed with optimism regarding measures to ease a housing scarcity in Hong Kong that might assist to calm the continued protests. China once more reiterated as we speak that it might not enhance its agricultural purchases from the US till the US removes tariffs, making final Friday’s celebration on reaching a mini-deal untimely.

Each gold and the US greenback are barely down this morning.

Information Obtain

On the home financial knowledge entrance as we speak, we are going to obtain September Housing Begins and Constructing Permits, Industrial Manufacturing and Capability Utilization for September, the Philadelphia Fed Index for October, and the weekly Preliminary and Persevering with Claims. After the discharge of the Fed’s Beige E book yesterday, which downgraded the tempo of home development, traders might be trying as we speak for any hints that faster-paced development could also be within the works.

The Atlanta Fed’s GDPNow forecast for actual GDP development rose to 1.8% for the September quarter yesterday, a tick increased than its Oct. 9 forecast of 1.7%. Regardless of the upward revision, the Atlanta Fed’s forecast stays under the two.03% September quarter GDP forecast provided by the New York Fed’s Nowcast mannequin.

After yesterday’s disappointing retail gross sales and Fed Beige E book, the market’s odds for a fee hike later this month rose. The market might be paying nearer consideration to speeches as we speak from The Fed’s Bowman, Evans and Williams.

In the remainder of the world:

In a single day knowledge revealed that the unemployment fee in Australia fell barely, however principally because of a drop within the participation fee with the rise in employment coming in weaker than anticipated. As a proxy for China’s economic system, that is in line with the narrative of a slowing economic system because the commerce warfare takes its toll.

Construction Output within the Eurozone grew at lower than half the tempo anticipated in August, rising simply 1.2% year-over-year versus 2.6% forecast. Italy’s commerce surplus rose considerably lower than anticipated to €2.6 billion versus expectations for €4.7 billion – one other signal of weaker international commerce.

Not like yesterday within the US, retail gross sales ex-fuel within the UK stunned to the upside in September, rising 3.1% year-over-year versus expectations for two.8%.

Shares to Watch

The earnings earlier than as we speak’s market open that traders will concentrate on are:

  • Ericsson (ERIC): On the again of the burgeoning 5G market, Ericsson reported yr over yr income beneficial properties and boosted its 2020 income outlook and reiterated its 2020 working margin objective of 10%.
  • Taiwan Semiconductor (TSM): Beat consensus expectations by $0.02 with Non-GAAP EPS of $0.62 for the September quarter. Income rose 12.6% yr over yr, coming in forward of expectations. The corporate issued upside income steering for the present quarter of $10.2-$10.Three billion vs. the consensus of $9.63 billion. TSM additionally boosted its 2019 capital funds to $14-$15 billion and shared its 2020 spending might be related, which bodes nicely for semi-cap firms comparable to Utilized Supplies (AMAT) and Lam Analysis (LRCX).
  • Honeywell (HON): The corporate beat bottom-line expectations by $0.07 per share for the September quarter on income that fell 16% yr over yr, coming in modestly under the consensus forecast. Honeywell trimmed again its income expectations for 2019, and that might be a concentrate on the corporate’s earnings name later this morning.
  • Philip Morris Worldwide (PM): This tobacco merchandise firm reported Non-GAAP EPS of $1.84, $0.07 forward of expectations regardless of income that got here in shy of expectations as cigarette cargo quantity fell 5.9% yr over yr. PMI revised its full-year 2019 reported diluted EPS forecast to be no less than $4.73 at prevailing trade charges vs. the prior forecast of $4.94 and $5.08 in 2018.

Whereas the share efficiency of the FAANG shares has been lower than stellar over the previous few months and Netflix (NFLX) inventory has definitely struggled, late yesterday, the corporate reported third-quarter earnings that beat steering and gross sales that met forecasts. Quarter over quarter, membership development rebounded; nevertheless, the breakdown was a combined bag with home development lagging plans by round 300,000 whereas worldwide development bested expectations. Shares rose as a lot as 10% late Wednesday on the information.

Excluding sure gadgets, IBM (IBM) reported EPS of $2.68 vs. $2.67 consensus for the September quarter. Regardless of that backside line constructive, IBM as soon as once more missed on its prime line, and that despatched shares decrease in aftermarket buying and selling final evening. That marked the fifth sequential quarter for declining income and raises considerations over the pace of the corporate’s transformation to cloud from {hardware} and associated providers.

Regardless of reporting weaker than anticipated September quarter earnings and lowering its outlook for the steadiness of 2019 “as a consequence of macroeconomic headwinds and commerce tensions,” Alcoa (AA) shares popped in aftermarket buying and selling final evening following the announcement of a strategic asset portfolio assessment.

Tesla (TSLA) has been authorised by China’s trade ministry to start manufacturing on the Gigafactory it’s constructing in Shanghai. We’d be aware that is the primary fully-foreign owned automotive plant in China.

Following the latest sale of its dermatology enterprise for $10 billion, Nestle SA (NESN:SA) introduced its intent to return as a lot as $20 billion to shareholders by 2020 by a mix of a share buyback program and particular dividends.

Common Motors (GM) and the UAW reached a tentative settlement that might finish the monthlong strike at GM. Particulars of the proposed four-year deal weren’t disclosed. Now to attend for the ratification of the UAW leadership-approved tentative settlement.

McKesson (MCK)Cardinal Well being (CAH) and AmerisourceBergen (ABC) have begun talks to settle opioid litigation for $18 billion.

Earnings after as we speak’s market shut embody:

  • E*Commerce (ETFC): Whereas the corporate is anticipated to ship EPS of $1.02 on income of $742 million, the focus would be the firm’s feedback on the latest trade transfer commission-less trades for shares and ETFs and the affect on its steering.
  • Intuitive Surgical (ISRG): EPS of $2.99 on income of $1.06 billion.

On the Horizon

Index additions and deletions:

  • Earlier than the open on Friday (Oct. 18), Glu Cell (GLUU) will exchange SolarEdge Applied sciences(SEDG) within the S&P SmallCap 600 Index. SolarEdge is transferring to the S&P MidCap 400 Index to exchange Worldwide Speedway (ISCA), which is being acquired by Nascar Holdings.

Upcoming IPOs this week:

  • Bellring Brands, Inc (BRBR), a subsidiary of Post Holdings and maker of PowerBar merchandise, is anticipated to start buying and selling on October as we speak on the NYSE. Submit Holdings bought about 34.Three million shares at $14 every yesterday, nicely under the anticipated priced vary of between $16 and $19 per share.
  • Innate Pharma SA (IPHA), a French biotechnology firm targeted on therapeutic antibodies for the remedy of most cancers, priced its (American Depository Shares) ADS as we speak at $5.50 (versus plans for $7.50) and €4.97 this morning on a capital enhance of 12,500,000 new shares (versus plans for 10.67m).

Dates to mark:

  • Oct. 18: Date the US is anticipated to impose tariffs on $7.5 billion in plane, meals merchandise and different items from the European Union, together with, a lot to our despair: Scotch, Italian cheese, and French wine. Quel dommage! For perspective, in line with the Monetary Occasions, 4 bottles of Scotch are exported to the US each second!
  • Oct. 18: UAW assembly in Detroit.
  • Oct. 18-20: Annual assembly of the World Financial institution Group and the Worldwide Financial Fund in Washington, DC.
  • Oct. 23 – Fb (FB) CEO Mark Zuckerberg is because of testify earlier than the Home Monetary Companies Committee
  • Oct. 27 – Saudi Arabian oil firm Aramco (ARMCO) is anticipated to publish its IPO prospectus, in what might be one of many largest choices of the yr.
  • Oct. 29-30: Federal Reserve financial coverage assembly the place expectations for a fee minimize are at present over 70%.
  • Oct. 31: Brexit?

Ideas for the Day

“For those who preserve doing what you’re doing, you’re going to maintain getting what you’re getting. You need change, make some.” – Courtney C. Stevens

What do you get while you cross a joke with a rhetorical query?

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.


The article was initially revealed at – Source link

Oct 102019
Daily Markets: Is US-China Trade De-Escalation in the Air?

Right this moment’s Large Image

You realize these days once you get up, begin studying the information and suppose, “They’ve all misplaced their marbles?” Right this moment is a kind of days.

US fairness futures shifted from being barely detrimental early morning to pointing to a constructive bounce on the open on rumors that China is able to talk about a partial commerce deal this week so long as no additional tariffs are imposed. Fingers crossed for a de-escalation.

Shares in Asia have been blended on Wednesday amid the continued US-China tensions however European equities managed to show constructive, possible thanks partly to Fed Chair Powell’s assurances yesterday the Fed will act “as acceptable” and individually Chicago Fed President Evans assured that additional cuts might assist fight financial headwinds and increase inflation.

Right this moment’s focus for the markets is on US-China cold and warm relations, Brexit discuss breakdown and for these paying consideration, the “idiosyncratic” in a single day repo liquidity points that are actually an ongoing downside. Yesterday Fed Chair Powell introduced that the Fed is now providing two-week repo loans, however just for a short while, restricted supply, to not be repeated… uh-huh. Can we name them idiosyncratic loans?

We don’t suppose it could be overly presumptuous to posit that we’ve gone from a commerce conflict between the US and China to an all-out financial conflict. Monday the US positioned 28 Chinese language corporations on a blacklist for alleged involvement in surveillance and detention of Muslim minority teams within the Xinjiang area and Tuesday visa restrictions have been placed on Chinese language officers believed concerned in these abuses. Capital controls are once more being mentioned that might restrict investments in Chinese language corporations by U.S. authorities pension investments and index suppliers. One minute it seems as if we’re about as prone to get a significant commerce deal as we’re to see the President take a social media vacation. The subsequent minute the sport is again on. We reside in attention-grabbing instances.

Over in Europe any progress on Brexit is trying about as possible as an NBA playoff recreation in Hong Kong subsequent 12 months. There’s an terrible lot of not-getting-along going round. UK Prime Minister Boris Johnson is going through rising strain from inside his social gathering over considerations that there actually shall be a no-deal Brexit. Everybody concerned formally agrees that everybody desires a deal however it seems like what Brussels is prepared to supply, Parliament gained’t settle for nor will Parliament settle for a no-deal Brexit so, welcome to the geopolitical null set.

Information Obtain

Machine Device Orders in Japan fell exhausting once more in September, down -35.5% year-over-year after August’s -37.0percentplunge. Mexico’s inflation charge for September rose 3% 12 months over, in step with expectations as did the 0.3% month over month enhance for the nation’s core inflation charge.

The newest weekly rail site visitors report from the Affiliation of American Railroads (AAR) confirmed a 5.5% drop in carloads throughout 3Q19, marking probably the most vital drops within the final three years. One other knowledge level confirming the deceleration within the US manufacturing economic system.

Whereas the speaking heads proceed to cheer the markets on, insider promoting of US shares hit a 10-year-high of $14.2 billion in September and was the sixth month in 2019 for which insiders offered over $10 billion of their holdings. Most likely nothing price factoring into one’s pondering.

Later in the present day we’ll get considered one of Hawkins’ favourite experiences (sure, she does, in reality, have to get out extra) the Job Openings and Labor Turnover Survey which has seen Job Openings stay a a number of of these searching for work – we’ll be searching for any weak point in openings in addition to hirings versus firings. The weekly mortgage utility numbers shall be launched, as will the Division of Power oil, distillate, and gasoline inventories and implied demand figures.

We’ll additionally get a have a look at Wholesale Inventories and listen to from Federal Reserve Chicago President Evans (FOMC Voter) and once more from Chair Powell (FOMC Voter) in the present day. This afternoon the minutes from the September 18th FOMC assembly shall be launched and traders shall be dissecting them, searching for further clues on what the Fed is prone to do at its subsequent financial coverage assembly later this month.

Shares to Watch

Semiconductor shares starting from Intel (INTC)Qualcomm (QCOM), and Broadcom (AVGO) to Nvidia (NVDA)and Analog Units (ADI) shall be below the microscope following September income outcomes this morning from chip foundries Taiwan Semiconductor (TSM) and United Microelectronics (UMCin addition to  chip packaging, meeting and testing corporations ChipMOS Applied sciences (IMOS) and ASE Know-how (ASX):

  • Taiwan Semiconductor: September income rose 7.6% 12 months over 12 months
  • United Microelectronics: September income fell 8.7% 12 months over 12 months
  • ChipMOS Applied sciences: September income fell 8.5% 12 months over 12 months
  • ASE Know-how: September internet income rose 3.2% 12 months over 12 months

Shares of clinical-stage biopharmaceutical firm DBV Applied sciences (DBVT) are buying and selling off in pre-market buying and selling following the information the corporate priced a world providing of $125 million consisting of seven.9 million peculiar shares and a non-public placement of 1.6 shares.

Feedback from Saudi Aramco (ARMCO) CEO Amin Nasser this morning that Saudi Arabia will recuperate its full oil manufacturing by the tip of November will possible reverberate by oil shares starting from Exxon Cell (XOMto Occidental Petroleum (OXYand Chevron Corp (CVX) to Royal Dutch Shell (RDS.A).

Now in its fourth week, the strike at 15 North American Normal Motors (GM) meeting vegetation is estimated to have value the auto firm 165,000 automobiles and vehicles. The longer the strike continues, the longer it’s anticipated to take the corporate to fireside again up its manufacturing strains ought to it come to phrases with the UAW.

Engineering and providers firm Ducommun (DCO) has acquired Nobles Worldwide, a number one firm within the design and manufacture of high-performance ammunition dealing with programs for navy plane, helicopters, floor autos, and shipboard programs.

Equinix (EQIX) has fashioned a $1.Zero billion three way partnership with GIC, Singapore’s sovereign wealth fund, to develop and function xScale knowledge facilities in Europe.

After the shut, medical gadget and implant firm Lemaitre Vascular (LMATwill launch its most up-to-date quarterly earnings outcomes. Expectations are for EPS of $0.21 on gross sales of $28.2 million and traders will give attention to margin enchancment prospects as Lemaitre continues to combine just lately acquired companies. Of the corporate’s 12 prior earnings releases, it has been on EPS 75% of the time, gross sales 58% and raised steering 25% of the time.

On the Horizon

Upcoming IPOs this week:

  • BioNTech (BNTX), a German biotech firm creating individualized immunotherapies for most cancers with a pipeline of greater than 20 candidates concentrating on tumors and infectious illness, is predicted to start buying and selling on Nasdaq on Thursday. The corporate is predicted to challenge 13.2 million shares between $18 and $20 representing 5.8% of excellent shares.
  • HBT Financial (HBT), the holding firm for Heartland Financial institution and Belief Firm and State Financial institution of Lincoln that has 64 branches in central and northeastern Illinois, is predicted to start on Nasdaq on Friday. The corporate is predicted to challenge greater than 8.Three million shares between $17 and $19 representing 31.5% of excellent shares.
  • Vir Biotechnology (VIR), a Part 2 biotech creating immunologic therapies for infectious ailments equivalent to hepatitis B, HIV, influenza, and tuberculosis is predicted to start buying and selling on Nasdaq on Friday. The corporate is predicted to challenge greater than 17.four million shares between $20 and $22 representing 6.5% of excellent shares.

Dates to mark:

  • October 10-11: US-China commerce talks
  • October 15: Subsequent US Democratic Presidential debate
  • October 15: Tariffs set to extend on Chinese language items barring progress within the commerce talks.
  • October 16: US Retail Gross sales – given slowing progress in shopper credit score and rising auto mortgage delinquencies, this shall be notably necessary
  • October 27 – Saudi Arabian oil firm Aramco (ARMCO) is predicted to publish its IPO prospectus, in what could possibly be one of many largest choices of the 12 months.
  • October 29-30: Federal Reserve financial coverage assembly
  • October 31: Brexit?

Thought for the Day

“Management is the artwork of getting another person to do one thing you need executed as a result of he desires to do it.” – Dwight D. Eisenhower

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

The article was initially printed at – Source link

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