| | | | | | | Sponsored by: | How to Analyze Any Stock in 30 Seconds (or Less)
BUY, SELL or HOLD? Knowing which stocks to buy can be tough. But armed with the right tools, you can easily separate the winners from the losers. Watch this short video to see how fast and easy it can be to analyze your stocks and manage your portfolio!
Watch This Video | | | |
| | US Market |  | | NYSE | AMEX | Dow Jones | Nasdaq |  |  |  |  | | Please click on the images to view our interactive charts | | | The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment holding up despite the non-materialization of a Greek debt deal. Positive private sector activity data and hopes that a deal will be struck between Greece and its international creditors have set in motion a strong rally across the Atlantic. Among Asian averages, Japanese stocks closed at fresh 15-year highs and Australia's All Ordinaries ended at a 3-week high. The durable goods orders report for May came in mixed, with the headline number dragged by weak transportation orders. Excluding this volatile component, orders were in line with expectations. The markets may also stay tuned to the new home sales data due to be released shortly after the markets open.
U.S. stocks advanced on Monday amid signs of progress toward an agreement between Greece and its international creditors. The major averages opened higher and rose steadily till early afternoon trading. After giving back some of the gains, the averages moved sideways before ending firmly in positive territory.
The Dow Industrials ended up 103.83 points or 0.58 percent at 18,120, its highest close since May 28th, and the S&P 500 Index closed 12.86 points or 0.61 percent higher at a 1-month high of 2,123. The Nasdaq Composite added 36.97 points or 0.72 percent before ending at an all time closing high of 5,154.
Twenty-six of the thirty Dow components closed higher for the session, with Merck, JP Morgan Chase, Goldman Sachs and American Express advancing solidly.
Among the sectors, airline, biotechnology and financial stocks were among the biggest gainers of the session, while gold stocks retreated notably.
On the economic front, the National Association of Realtors reported that existing home sales rose 5.1 percent to a seasonally adjusted annual rate of 5.35 million units in May. Single-family sales were up 5.6 percent compared to a 1.6 percent climb in sales of condominium and co-ops. Inventories rose 3.2 percent month-over-month to 2.29 million homes, with inventories measured in months of sales at 5.1 months. The median sales price of an existing home rose 7.9 percent year-over-year to $228,700. |
| | Discover Mark Cuban's Investing Secrets | | If you’ve ever watched ABC’s hit TV show, “Shark Tank,” and found yourself thinking: “I wish I could invest in that company right now. I know I’d make a fortune. It’s a no-brainer!”
Then read this message carefully, because it may be the most important wealth-building letter you’ve ever read |
| | US Economic Reports | | | | CADUSD | Oil | Gold | Allbanc |  |  |  |  | | Please click on the images to view our interactive charts | | | With orders for transportation equipment showing another steep drop, the Commerce Department released a report on Tuesday showing that new orders for U.S. manufactured durable goods fell by more than expected in May. The report said durable goods orders tumbled by 1.8 percent in May following a revised 1.5 percent decrease in April.
Economists had expected orders to dip by 0.6 percent compared to the 1.0 percent drop that had been reported for the previous month. However, excluding the steep drop in orders for transportation equipment, durable goods orders rose by 0.5 percent in May after falling by 0.3 percent in April. The increase matched economist estimates.
The Federal Housing Finance Agency is set to release its house prices index for April at 9 am ET. The consensus estimate calls for a 0.4 percent month-over-month increase in house prices for the month.
Markit is scheduled to release the flash estimate of its U.S. manufacturing PMI for June at 9:45 am ET. Economists expect the manufacturing PMI to rise to 54.2 in June from 53.8 in May.
The Commerce Department is set to release its new home sales report for May at 10 am ET. The consensus estimate calls for new home sales to climb to an annual rate of 525,000 compared to 517,000 in the previous month.
New home sales came in at a seasonally adjusted annual rate of 517,000 units in April, up 6.8 percent from the previous month. The previous month's sales were upwardly revised to 484,000.
Inventories measured in terms of months of supply fell to 4.8 months from 5.1 months. The median price of a new home rose 4.1 percent month-over-month and was 8.3 percent higher from the previous year.
Also at 10 am ET, the Richmond Federal Reserve is due to release its manufacturing index.
The Treasury Department is due to release the results of its auction of two-year notes at 1 pm ET. |
| | 4 Days, 4 Trades, +40% Average Returns! After years of develoment and testing , a lead stock options trader has develped a simple system that harnesses the power and leverage of options, yet is so easy to use anyone can do it. He'll show you step-by-step how he found and placed 4 trades, and in just 4 days they averaged +40% returns! See exactly how you can use this 10 minute strategy for yoursef by clicking here.
|
| | Stocks in Focus | | | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | BlackBerry Ltd. reported an adjusted loss per share that came in wider than analysts' expectations, and quarterly revenues also missed their estimates, as smartphone sales dropped.
Verizon completed its tender offer to acquire all outstanding shares of AOL for $50 per share.
Sonic Corp. reported third quarter adjusted earnings that came in line with estimates and its revenues were above estimates. The company also raised its full-year adjusted earnings outlook, although it cautioned of the macroeconomic environment impacting results.
FMC Technologies said it has received an order from BP Exploration to supply subsea production systems for an estimated value of $297 million. |
| | Save on Electricity and Natural Gas | | Sign up with ADVFN Preferred Energy Partner Just Energy and start saving on your for electricity, natural gas, solar and green energy bills. Click Here. |
| | European Markets | | European stocks have opened higher, as traders persist with hopes of a Greek debt deal and digest private sector activity data from the eurozone.
In corporate news, Syngenta said it has rejected Monsanto's recent approach on the grounds of it being not in the best interests of the company, its shareholders and stakeholders.
On the economic front, Markit's preliminary survey showed that the private sector in the eurozone grew at the fastest pace in 5 years in June. The composite PMI rose 0.5 points to 54.1, while economists expected a reading of 53.5.
The manufacturing PMI edged up 0.3 points to 52.5 and the service sector PMI increased 0.6 points to 54.4.
|
| | 
|
| | Asian markets | | | | USDCAD | USDEUR | USDGBP | USDJPY |  |  |  |  | | Please click on the images to view our interactive charts | | | The major Asian markets ended mostly higher for the third straight session, as the Greek optimism lingered. The positive sentiment came despite the release of weak Chinese manufacturing activity data.
Japanese stocks advanced amid the yen's weakness, as the dollar was firmer in Asian trading. The Nikkei 225 Index opened higher and rose steadily in the morning before moving sideways in the afternoon. The index legged up in late trading before ending up 381.23 points or 1.87 percent at a fresh 15-year high of 20,809.
A majority of stocks rallied, with Nissan Chemical Industries, Tosoh, Shin-Etsu Chemical, Mitsui Chemicals, Mitsubishi Chemical Holdings, Ube Industries, Casio Computer, Taiyo Yuden, Olympus and Mizuho Financial leading the gains.
Australia's All Ordinaries Index climbed sharply in early trading before moving sideways for the rest of the session. The index ended 68.30 points or 1.22 percent higher at a 3-week high of 5,671. The market witnessed across the board buying, with financial, healthcare, utility and telecom stocks seeing strong gains.
Hong Kong's Hang Seng Index ended at 27,334, up 252.61 points or 0.93 percent. The Chinese market, which opened after Monday's public holiday, also saw strength despite the release of a report showing a continued contraction by the manufacturing sector. The Shanghai Composite Index added 98.13 points or 2.19 percent before ending at 4,577.
On the economic front, preliminary results of a survey by Markit and HSBC showed that China's manufacturing sector continued to contract in June. The manufacturing PMI remained below the cut-off mark of 50 at 49.6, although it was up from 49.2 in May and better than the consensus estimate of 49.4.
Meanwhile, the Japanese manufacturing sector saw a contraction in June, according to the results of a survey by Markit and the JMMA. The manufacturing PMI fell to 49.9 from 50.9 in May.
A report released by the Conference Board showed that its leading economic indicators index for Australia fell 0.3 percent month-over-month in April following an unchanged reading in March.
The Australian Bureau of Statistics reported that house prices in Australia rose 1.6 percent sequentially in the first quarter compared to expectations for a 2 percent increase. The year-over-year growth of 6.9 percent also trailed estimates. |
| | 4 Days, 4 Trades, +40% Average Returns! After years of develoment and testing , a lead stock options trader has develped a simple system that harnesses the power and leverage of options, yet is so easy to use anyone can do it. He'll show you step-by-step how he found and placed 4 trades, and in just 4 days they averaged +40% returns! See exactly how you can use this 10 minute strategy for yoursef by clicking here.
|
| | Currency and Commodities Markets | | Crude oil futures are sliding $0.31 to $60.07 a barrel after rising $0.41 to $60.38 a barrel on Monday. Meanwhile, an ounce of gold is currently at $1,180.80, down $3.30 from the previous session's close of $1,184.10. On Monday, gold plunged $17.80
On the currency front, the U.S. dollar is trading at 123.82 yen compared to the 123.37 yen it fetched at the close of New York trading on Monday. Against the euro, the dollar is valued at $1.1203 compared to yesterday's $1.1341.
|
| | | | | | | 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