News
Jobs Data Sparks a Rally
Nonfarm payrolls jumped 243,000, the Labor Department said on Friday, as factory jobs grew by the most in a year. The gain in overall employment was the largest since April and outpaced economists' expectations for a rise of only 150,000. The report pointed to underlying strength in the economy, despite expectations that growth will slow in the first quarter. Economists had expected the jobl ...
US Treasury 30 yr Bonds decline
US Treasury 30 yr Bonds decline for 2nd day before jobs report US Treasury bonds fell for a 2nd day, pushing yields above 3%, as a report showing a decline in weekly US jobless claims added to speculation the US Labor Department will say employers added workers last month. The yield on the benchmark 10-year T-Note still traded at almost the lowest level in 4 months. US soverei ...
Trading Retail LTD, TGT, GS, GPS, JCP, WAG
Limited Brands and Target lead US January retail sales gains LTD, TGT, GS, GPS, JCP, WAG Same-store sales at US retailers in January topped analysts' estimates, led by Limited Brands Inc. (NYSE:LTD) and Target Corp.(NYSE:TGT), as shoppers took advantage of post-Holiday discounts. Sales at Limited, the Ohio-based operator of the Victoria's Secret lingerie chain, rose 9 ...
Is it time to buy US stocks?
Is it time to buy US stocks? The most important economic data point of them all now is the jobs report, as players and investors look for evidence of an improving labor market. Friday morning's monthly government Jobs Report will be the 1st read on the jobs market for Y 2012. It is considered to be a high impact event for traders. The consensus estimates believe the econo ...
Earnings Preview: BEAM, CLX, EL, SPG, TSN
LTN's US Earnings preview for Friday BEAM, CLX, EL, SPG, TSN LTN is watching what investors and speculators will be watching Friday; Beam Inc. (NYSE:BEAM); Clorox Co. (NYSE: LX); Estee Lauder Companies (NYSE:EL); Simon Property Group Inc. (NYSE:SPG); and Tyson Foods Inc. (NYSE:TSN). Beam Inc. (NYSE:BEAM) reports Friday morning and earnings estimates are 0.67/shr a ...
World Market Snap Shot GMCR, TGT, ANF, COST
Red's Bull Trader Alert: We saw choppy, range bound trading Thursday, that finished mixed results for the major averages. The action precedes the highly anticipated payrolls report. The major averages gained in the early going, but faded a bit during the session ending little changed. Recent economic data suggesting the economy is on a slow but steady path to recovery has helped drive a rall ...
US Agriculture after the Closing Bell Report
US Agriculture after the Closing Bell Report Chicago Wheat futures settled 0.055 to 0.115 lower in the Mar through Jul contracts, while deferred months saw lighter losses. Kansas City Wheat was around 0.03 to 0.06 lower. Minneapolis Wheat closed fractionally to 0.0525 lower. Traders in the Wheat markets booked profits today on ideas the recent rally was overdone Mar through July 2013 Co ...
Buying Dividends in Emerging Markets
Dividend-paying stocks have a long history in investors' portfolios and Emerging markets are outpacing their developed peers economically. ASEAN Stars are 210 ASEAN Stocks representing the 30 blue chips of each exchange. The ASEAN Stars are selected based on market capitalisation and liquidity. The ASEAN Stars are some of the best possible investments at this time, the 210 companies that mak ...
Money Flows to Romney
Wall St. cash flowing to Romney over Obama GS, BAC, JPM, MS, CS, C The Captains of Wall Street have picked a presidential candidate for Y 2012 and it is Republican Mitt Romney, rather than Democratic President Barack Obama, campaign donation records show. The records released Tuesday by the Federal Election Commission illustrate a basic shift in political giving at the pr ...
Segenhoe Stud buys Chicharita
A leading Australian breeder has purchased a promising New Zealand Group II winner to join its well-populated team. Segenhoe Stud moved to secure Chicharita after the daughter of Towkay strode to an impressive success in the Group II Royal Stakes at Ellerslie. The Hunter Valley operation bought the filly from Curraghmore Stud. Chicharita will remain with co-trainers Mike Moroney and And ...