Pretty big move in the currency market but the equity markets aren't doing much at all. Some of the out of favor sectors like consumer staples and utilities are doing pretty well
@Baggi It's Ben Lichtenstein's famous call from the futures pits in Chicago during the May 2010 flash crash.
Trump just signaled the death of Clinton-era strong dollar policy http://www.cnbc.com/2017/01/17/trump-just-signaled-death-of-clinton-era-strong-dollar-policy.html
Pretty amazing to me how we're just following along this 20 year monthly trend line. This started back around the first week of December.
For anyone who missed it on the earnings results thread earlier today, I am now creating live market data spreadsheets for all the earnings reports of each day of the week for an easy overview of seeing how all the stocks are doing during the day in real-time during this quarterly earnings reporting season as we know how much ERs are important for everyone. While this can easily be achieved on a site like finviz, but not everyone has the elite membership to get real-time market data. So, my sheet essentially does the job. Here are tomorrow's most notable tickers reporting ERs- <-- Click there to open. Wednesday 1.18.17 Before Market Open Earnings Releases: Here are the times & estimates for those tickers: Spoiler: CLICK HERE FOR THE CHARTS! Wednesday 1.18.17 After Market Close Earnings Releases: Here are the times & estimates for those tickers: Spoiler: CLICK HERE FOR THE CHARTS! Let us know if you guys find these useful.
Spoiler: Daily Stock Market News Digest for Jan. 18th (Earnings, Analyst Upgrades/Downgrades, Charts & more!) Daily Stock Market News Digest for Jan. 18th (Earnings, Analyst Upgrades/Downgrades, Charts & more!) Frontrunning: January 18 Business euphoria over Trump gives way to caution, confusion (Reuters) Biden Lashes Out at Trump Over Comments on NATO (WSJ) Number of House Democrats Skipping Inauguration Grows (WSJ) Rising U.S. shale-oil output threatens OPEC’s production pact (MW) China urges U.S. to bar Taiwan delegation from Trump inauguration (Reuters) IEA Sees Significant Gains in U.S. Shale Oil as Prices Rise (BBG) Tom Price to Face Questions on Stock Trades, Obamacare (WSJ) Trump commerce nominee Ross to tell senators: 'I am not anti-trade' (Reuters) HSBC CEO Says Bankers Generating 20% of London Revenue May Move (BBG) FTC Sues Chip Maker Qualcomm (WSJ) As caliphate crumbles, Islamic State lashes out in Iraq (Reuters) ‘Clinton Cash’ Book Got Most of Its Funding From a Hedge Star (BBG) Whistleblower Snowden can apply for Russian passport next year (Reuters) How Obama Changed Investing Forever (BBG) F-35’s ‘Grotesque Overruns’ Now Past, Says Pentagon Chief (BBG) Potentially nasty fight looms over Trump U.S. Supreme Court pick (Reuters) Capital curbs push Chinese firms to risky, costly dollar bonds (Reuters) Elder ex-president Bush recovering in hospital after breathing problems (Reuters) Billionaire Steyer Says There’s ‘No Limit’ on His Spending Against Trump (BBG) Trump’s Options for Weakening Dollar Extend Beyond Tweets (BBG) This Team Runs Mark Zuckerberg’s Facebook Page (BBG) STOCK FUTURES NOW: YESTERDAY'S MARKET HEAT MAP: YESTERDAY'S S&P SECTORS: TODAY'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING PRE-MARKET DISCUSSIONS (TICKER SYMBOLS ARE CLICKABLE!): NFLX GS C TGT USB JAZZ RNST JWN CLCD UAL GIMO ADTN PNFP FULT LLY NBIX BPI FAST ACIA WMT AXP MCD XLF ANET AMBA THIS WEEK'S EARNINGS CALENDAR: THIS WEEK'S IPO's: TODAY'S EARNINGS RELEASES: BEFORE MARKET OPEN: PRE-MARKET TRADING: AFTER MARKET CLOSE: THIS MORNING'S ANALYST UPGRADES/DOWNGRADES: THIS MORNING'S PRE-MARKET NEWS MOVERS: source: cnbc.com Goldman Sachs — Goldman reported quarterly profit of $5.08 per share, beating estimates of $4.82, while revenue also exceeded forecasts. The firm said after a challenging first half, the operating environment improved during the remainder of 2016. Target — The retailer is reporting softer than expected holiday season sales, and as a result, has cut its full-year 2016 outlook. Target now expects full-year profit of $5 to $5.10, compared to consensus estimates of $5.20. United Continental — The airline reported adjusted quarterly profit of $1.78 per share. That beat estimates by 5 cents, with the company's revenue slightly above forecasts as well. United did say that its key passenger unit revenue declined by 1.6 percent, but that was smaller than the year earlier decline of 6 percent. CSX — CSX missed estimates by 1 cent with quarterly profit of 49 cents per share, although the railroad operator's revenue did beat Street forecasts. CSX said business conditions were improving, after its results were hit by a strengthening U.S. dollar and low commodity prices. Netflix — Netflix signed a deal with comedian Jerry Seinfeld for two stand up comedy specials as well as exclusive rights to his series "Comedians In Cars Getting Coffee." Adobe Systems — Adobe announced that its board has approved a new $2.5 billion share buyback program that will run through the end of fiscal 2019. The software company is near the end of a $2 billion buyback program that was scheduled to run through the end of fiscal 2017. Berkshire Hathaway — The Bill & Melinda Gates foundation said it would sell more than half of its nearly one million shares of Berkshire's Class B shares. Over the next three years, 550,000 shares will be sold in order to comply with federal tax rules. Qualcomm — Qualcomm said it would "vigorously contest" an FTC complaint which said that the chipmaker was in violation of U.S. competition laws. HSBC — HSBC said it would move staff to Paris from Britain after Brexit becomes effective, according to CEO Stuart Gullivar. HSBC is Europe's biggest bank. Pearson — Pearson cut its profit outlook for the next two years and also cut its 2017 dividend. It's the latest in a series of profit warnings from the British publishing company. Western Digital — The hard disk drive maker may buy a 20 percent stake in Toshiba's semiconductor business, according to Japan's Nikkei business daily newspaper. Toshiba and Western Digital are partners in a flash memory plant in the Japanese city of Yokkaichi. Alphabet — The company's Google unit is expanding its low cost smartphone program known as "Android One" to the U.S. market within a few months, according to a report in The Information. Hewlett Packard Enterprise — HPE will buy data storage startup SimpliVity for $650 million in cash. SimpliVity had recent been valued at $1 billion. Lowe's — The home improvement retailer is laying off about 2,400 full-time workers, most of those at the store level. J.C. Penney — Credit Suisse downgraded J.C. Penney and Kohl's to "underperform" from "neutral," while upgrading Nordstrom to "outperform" from "neutral." The report focuses on the key factors in retail which will drive success or failure, including value, brands, real estate, and e-commerce. Cameco — The Canadian uranium producer said 2016 adjusted profit would come in significantly below analyst forecasts, and that it was cutting 120 jobs. Cameco said its results reflect a weak uranium market. Have a good trading day to everyone in here on this Wednesday!
Financials have priced in a lot of good news, now they need to see the higher interest rates and the deregulation of the industry
All the analysts on CNBC a short while ago were very bullish on Banks after Jamie Dimon spoke. Those that are not in should be buying the pull backs or far out calls. The top banks like BAC, JPM and others could have a 50% upside for 2017 per analysts
I actually not feeling that good if almost everyone is so bullish on the banks Anyway, the banks should have some decent upside if the FED delivers on the rate hikes and it is probably not a bad idea to have some exposures to financials
