| | | | | What This 37 Year Old Trader Did To Turn $10K to $2.4 Million In 18 Months | | Besides the $2.4 Million, he loved the ease and peace of mind his method offered. Here’s a simple way you can put his method to work and potentially earn six and even seven figures in the months ahead.
Click Here To See How! | | |
| | US Market |  | | Shanghai | Hang Seng | NIKKEI | ASX |  |  |  |  | | The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment suggesting modest strength as two of the three major averages trade in record territory. Although retail sales data for April was soft, upward revisions to the previous month's numbers remove some of the anxiety concerning consumer spending. Economic sentiment data from Germany, Europe's largest economy came in weaker. With valuation concerns persisting, these lukewarm data could lead to some consolidation.
Notwithstanding adverse developments on the Ukrainian front, U.S. stocks advanced solidly on Monday, as the markets took kindly to the announcement of capital market reforms by China. The major averages opened higher and saw a short spike in early trading. After moving sideways till late afternoon trading, the averages rose steadily before closing notably higher.
The Dow Industrials ended up 112.13 points or 0.68 percent at 16,696 and the S&P 500 Index closed 18.17 points or 0.97 percent higher at 1,897, while the Nasdaq Composite outperformed with a 71.99 point or 1.77 percent gain to 4,144. With the gains, The Dow and the S&P 500 ended the session at record closing highs.
Twenty-four of the thirty Dow components closed higher, with Visa (V), Nike , IBM , Goldman Sachs and General Electric leading the gains.
Among the sectors, transportation, biotechnology, basic material, gold, retail, technology, financial and housing stocks advanced strongly. On the other hand, utility stocks bucked the uptrend.
|
| | No platform or data fees with no trade minimums | | Trade free for 60 days + get up to $600 cash. Join TD Ameritrade 
|
| | US Economic Reports | | | | CADUSD | Oil | Gold | Allbanc |  |  |  |  | | Please click on the images to view our interactive charts | |
After reporting a Sharp increase in U.S. retail sales in the previous month, The Commerce Department released a report showing that retail sales inched up by less than expected in the month of April.
The report said retail sales edged up by 0.1 percent in April following an upwardly revised 1.5 percent jump in March. Economists had expected sales to rise by about 0.4 percent compared to the 1.1 percent growth originally reported for the previous month. Excluding an increase in sales by motor vehicle and parts dealers, retail sales came in unchanged in April compared to a 1.0 percent increase in March. Ex-auto sales had been expected to climb by 0.6 percent.
With prices for fuel imports showing a notable pullback, the Labor Department released a report on Tuesday showing an unexpected decrease in U.S. import prices in the month of April.
The Labor Department said import prices fell by 0.4 percent in April following a 0.4 percent advance in March. The drop surprised economists, who had expected import prices to increase by 0.4 percent. The report also showed that export prices fell by 1.0 percent in April after rising by 1.0 percent in the previous month. Export prices had been expected to edge up by about 0.2 percent.
The Commerce Department will also release its business inventories report at 10 am ET. Economists expect business inventories to have risen by 0.5 percent in March compared to the previous month.
Business inventories rose 0.4 percent month-over-month in February, while business sales were up a steeper 0.8 percent. Annually, business inventories and sales climbed 1.8 percent and 4.2 percent, respectively. The business inventories to sales ratio rose to 1.31 in February compared to 1.28 in the year-ago period.
Richmond Federal Reserve Bank Jeffrey Lacker is due to deliver welcoming remarks at a credit markets symposium in Charlotte, North Carolina at 10:30 am ET.
|
| | Retired Talk Show Host Reveals Shocking Secret | | "Almost anyone can collect income checks from the government," he says. "And it's all tax-free." Read More |
| | Stocks in Focus | | | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | Merck announced that it has signed an agreement to sell its Opthalmology products in Japan and key markets in Europe and the Asia-Pacific to Santen Pharma for an upfront payment of $600 million and additional payments based on defined sales milestones.
McKesson reported better than expected fourth quarter results and issued in line earnings guidance for fiscal year 2015.
MBIA reported higher earnings and revenues for its first quarter, while PDL BioPharma reported first quarter earnings that trailed estimates but on revenues that were ahead of expectations.
Valeant Pharma announced that it has entered into settlement agreements with affiliates of Actavis related to Actavis’ generic versions of Acanya and Tiazac. The agreements provide Actavis a license to market its generic Acanya Gel beginning July 1st, 2018 or earlier under certain circumstances and settles outstanding patent litigation related to Actavis’ generic version of Tiazac.
Weyerhaeuser announced its intention to spin-off its Weyerhaeuser Real Estate company, which is seen as a move to refocus on its timber and paper products business. The real estate focused company will merge with TRI Pointe Home and become its subsidiary.
Equifax announced the appointment of John Gamble as its CFO following the retirement of Lee Adrean from the position after eight years of service.
|
| | No platform or data fees with no trade minimums | | Trade free for 60 days + get up to $600 cash. Join TD Ameritrade
|
| | European Market |
Merck announced that it has signed an agreement to sell its Opthalmology products in Japan and key markets in Europe and the Asia-Pacific to Santen Pharma for an upfront payment of $600 million and additional payments based on defined sales milestones.
McKesson reported better than expected fourth quarter results and issued in line earnings guidance for fiscal year 2015.
MBIA reported higher earnings and revenues for its first quarter, while PDL BioPharma reported first quarter earnings that trailed estimates but on revenues that were ahead of expectations.
Valeant Pharma announced that it has entered into settlement agreements with affiliates of Actavis related to Actavis' generic versions of Acanya and Tiazac. The agreements provide Actavis a license to market its generic Acanya Gel beginning July 1st, 2018 or earlier under certain circumstances and settles outstanding patent litigation related to Actavis' generic version of Tiazac.
Weyerhaeuser announced its intention to spin-off its Weyerhaeuser Real Estate company, which is seen as a move to refocus on its timber and paper products business. The real estate focused company will merge with TRI Pointe Home (TPH) and become its subsidiary.
Equifax (EFX) announced the appointment of John Gamble as its CFO following the retirement of Lee Adrean from the position after eight years of service.
|
| | Asian Markets | | | | USDCAD | USDEUR | USDGBP | USDJPY |  |  |  |  | | Please click on the images to view our interactive charts | |
European stocks are advancing amid the release of some key domestic earnings
In corporate news, Airbus reported better than expected first quarter profits and affirmed its guidance. Thyssenkrupp's first quarter earnings also exceeded estimates.
Meanwhile, German utility EON reported a decline in its first quarter profits. easyJet reported a narrower than expected loss for its first half.
On the economic front, the German economic sentiment index fell to 33.1 in May, according to a report released by the Zew Institute. Economists had expected a reading of 40. The current conditions index came in at 62.1, exceeding forecasts for a reading of 60.5.
Data from Destatis showed that German wholesale prices declined at a slower pace in April. Wholesale prices were down 1.3 percent in April from last year following a 1.7 percent drop in March. Prices have been down in each of the past ten months.
Meanwhile, a report released by the British Retail Consortium showed that U.K. retail sales rose 4.2 percent year-over-year on a like-for-like basis in April, helped by Easter spending. Total sales were up 5.7 percent.
|
| | The gun debate reveals game-changing technology | | And provides proof that we could be at the exact tipping point to deliver monster-sized gains.
Read more... |
| | Currency and Commodities Markets |
Most Asian markets closed higher, although the Chinese, Singaporean and Malaysian markets moved to the downside. The positive lead from Wall Street overnight generated optimism in the markets. The Japanese market led the gains in the region, while the Indian market extended its rally as exit polls showed that the opposition BJP party along with its coalition partners will win a majority in the just concluded elections.
Japan's Nikkei 225 average opened higher and moved broadly sideways for the rest of the session, ending up 275.92 points or 1.95 percent at 14,425.
Australia's All Ordinaries also hovered above the unchanged line throughout the session before closing up 46.40 points or 0.85 percent at 5,475. The market witnessed broad based strength, with material, healthcare, energy and financial stocks seeing notable strength.
Hong Kong's Hang Seng Index closed 90.77 points or 0.41 percent higher at 22,352, while China's Shanghai Composite Index edged down 2.14 points or 0.10 percent to 2,051.
On the economic front, China released a trio of reports confirming the soft patch. The annual retail sales growth of 11.9 percent for April trailed the 12.2 percent increase forecast by economists. Industrial output rose 8.7 percent, also slightly softer than estimates, and fixed asset investment climbed 17.3 percent for the January to April period compared to forecasts for 17.7 percent growth.
House prices in Australia rose a less than expected 1.7 percent sequentially in the first quarter, according to a report released by the Australian Bureau of Statistics.
|
| | | | | | | To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49 | |
No comments:
Post a Comment