| | | | | | | The 10-Minute Investor Consistently outperform the market in less than 10 minutes a day. Discover a step-by-step system to move from inconsistent to consistent gains in the stock market. Break free of the old, broken investing model and plug-in to a successful investing plan. Attend my free webinar and learn: - My 3-Part stock buying checklist
- My 10-Minute Routine
- 4 big mistakes to avoid.
LEARN MORE | | |
| | 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 mixed opening on Tuesday, with sentiment suggesting skepticism in the wake of weak retail sales data. Retail sales as well as retail sales, excluding autos, unexpectedly fell. Meanwhile, the dissent that is brewing in the camp of Greek Prime Minister Alexis Tsipras' Syriza party as well as his coalition partners has rendered the mood towards the Greek debt crisis cautious. The markets across the Atlantic is showing lackluster sentiment after yesterday's strong showing. Meanwhile, some positive domestic earnings could serve to offset some of the negativity.
U.S. stocks advanced solidly on Monday, as an agreement on the Greek debt crisis that previously looked like a distant possibility became a reality. The major averages opened sharply higher and moved roughly sideways until the afternoon. Thereafter, the averages rose steadily before ending notably higher.
The Dow Industrials added 217.27 points or 1.22 percent before closing at 17,978, the S&P 500 Index ended up 22.98 points or 1.11 percent at 2,100 and the Nasdaq Composite closed 73.82 points or 1.48 percent higher at 5,072.
Twenty-nine of the thirty Dow components closed higher, with Apple, DuPont, Intel and Microsoft leading the gains.
Among the sectors, retail, computer hardware, banking, oil service, transportation, biotechnology and basic material stocks advanced strongly.
|
| | Market Shrink Predicts Market Reversal dates in Advance What if you knew when the markets were going to reverse - weeks in advance? Market timing guru Wood Dorsey can tell you. His Sentiment Timing report makes that infomation available to retail investors.
Click here to get the date of the next market reversal Free |
| | US Economic Reports | | | | CADUSD | Oil | Gold | Allbanc |  |  |  |  | | Please click on the images to view our interactive charts | | | After reporting a sharp jump in U.S. retail sales in the previous month, the Commerce Department released a report on showing that sales unexpectedly decreased in the month of June. The report said retail sales fell by 0.3 percent in June after surging up by a downwardly revised 1.0 percent in May.
The pullback in sales surprised economists, who had expected sales to rise by 0.3 percent compared to the 1.2 percent jump originally reported for the previous month. Excluding a steep drop in auto sales, retail sales still edged down by 0.1 percent in June compared to a 0.8 percent increase in May. Ex-auto sales had been expected to climb by 0.5 percent.
Import prices in the U.S. unexpectedly saw a modest decrease in the month of June, according to a report released by the Labor Department, with a drop in non-fuel prices more than offsetting an increase in fuel prices.
The Labor Department said its import price index edged down by 0.1 percent in June following a 1.2 percent increase in May. Economists had expected prices to inch up by 0.1 percent.
Meanwhile, the report said export prices fell by 0.2 in June after climbing by 0.6 percent in the previous month. Export prices had been expected to rise by 0.2 percent.
The Commerce Department is also scheduled to release its business inventories report for May at 10 am ET. Economists expect a 0.2 percent month-over-month increase in business inventories for the month.
Business inventories at the end of April rose 0.4 percent month-over-month in March and were 2.6 percent higher from a year ago. At the same time, business sales increased 0.6 percent compared to the previous month, while sales were down 2.3 percent year-over-year. The business inventories to sales ratio came in at 1.36 compared to 1.29 in the year-ago period.
Kansas City Federal Reserve President Esther George will speak on monetary policy and the economic outlook in Kansas City at 8:15 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 | | | J.P. Morgan reported better than expected second quarter results. Wells Fargo (WFC) reported in line second quarter earnings and revenues were slightly shy of estimates.
Johnson & Johnson reported second quarter earnings and sales that exceeded estimates. The company raised its adjusted earnings per share for 2015.
JetBlue announced that its load factor for June rose 0.6 percentage points year-over-year to 85.3 percent, as traffic and capacity increased 8.8 percent and 8 percent, respectively.
Casey's announced that its CEO and Chairman Robert Myers will retire as CEO on April 30th, 2016 after a 26-year stint with the company. The company also said its COO Terry Handley will assume the role of President and CEO by then.
PartnerRe said it expects second quarter operating earnings of $2.10-$2.50 per share, while on a net basis, it expects a loss of $2.01 to $2.41 per share. Analysts currently expect earnings of $2.20 per share.
Computer Sciences Corp. announced the filing of an initial Form 10 registration statement with the SEC, a milestone in the previously announced spin-off of its U.S. public sector business into a separate publicly traded company. The company expects the transaction to be completed in the next several months.
A Wall Street Journal report suggests that China's state-owned Tsinghua Unigroup Ltd. has submitted a bid to buy U.S. memory chipmaker Micron Technology for $23 billion.
Valero Energy announced an incremental $2.5 billion stock buyback program.
Books-A-Million said it has signed a definitive agreement under which a newly organized entity owned by the Anderson Family, including Clyde Anderson, executive chairman of the company, and related persons and entities, will acquire the book retailer for $3.25 per share in cash.
Providing an update to its annual strategic review announced earlier this year, AAR Corp. said it received gross proceeds of $710.9 million from the sale of Telair Group and recorded a pre-tax gain of $198.6 million. The company also released fourth quarter results, with earnings declining year-over-year and revenues trailing expectations.
CSX, ADTRAN and Yum Brands are among the companies due to release their quarterly results after the close of trading. |
| | Confused by options but KNOW there's massive potential?
If you're feeling that way...don't. I'll GIVE you the Complete Guide To Understanding Options Trading. It'll give you the actionable strategies, understanding, and insight YOU need to become the options trader you know you can be...Get the FREE eBook HERE… |
| | European Markets | | The Greek deal euphoria is fading as traders focus on the realities. After a strong rally on Monday, the major averages in the region saw some volatility in early trading. The averages are currently modestly lower. Traders are also reacting to some key domestic economic data.
The Greek debt crisis is still in the news, as the Greek parliament prepares to vote on the tough proposals agreed to by Prime Minister Alexis Tsipras. Tsipras now has to convince members of his own party as well as coalition partners to vote for the proposals in order for them to pass.
In corporate news, U.K. recruitment firm Michael Page reported a 10.8 percent increase in its profit for the first half and also said it is positive for the remainder of the financial year.
On the economic front, the results of a survey by the Zew economic institute showed that German economic sentiment weakened by less than expected in July. The economic sentiment index came in at 29.7, down from 31.5 in June but better than the expected reading of 29. The current conditions index unexpectedly rose to 63.9.
Revised estimates released by the German Federal Statistical Office showed that annual consumer price inflation in Germany slowed to 0.3 percent in June from 0.7 percent in May. This was in line with the preliminary estimate. The harmonized consumer price index was up 0.1 percent.
Annual U.K. consumer price inflation returned to flat in June from a 0.1 percent increase in May, according to data released by the U.K. Office of National Statistics. This was in line with expectations. Core inflation eased to 0.8 percent from 0.9 percent.
Meanwhile, producer prices continued to trend lower. Output prices fell 1.5 percent year-over-year in June following a 1.6 percent decline in May. The decline in input prices steepened to 12.6 percent from 12.3 percent.
The British Retail Consortium reported that like-for-like sales in the U.K. rose 1.8 percent year-over-year in June. Economists expected a 0.5 percent increase for the month.
A report released by Eurostat showed that eurozone industrial output rose 1.6 percent year-over-year in May, slower than the 2 percent increase expected by economists. However, on a month-over-month basis, output was up a more than expected 0.4 percent. |
| | +$1 million Profit on Tesla...in TWO DAYS!?
Simple...right place, time, strategy. But it was options he used to make a once in a lifetime trade. Today you've got a chance to learn the exact strategies that lead to a million-dollar trade. FREE! The Complete Guide To Understanding Options (Click here to receive a complimentary copy) |
| | Asian markets | | | | USDCAD | USDEUR | USDGBP | USDJPY |  |  |  |  | | Please click on the images to view our interactive charts | | | The major Asian markets closed on a mixed note, with the Chinese, Hong Kong and South Korean markets retreating, while most other major markets advanced as the Greek deal optimism lingered.
A weaker yen offered support to the Japanese market. The Nikkei 225 Index opened higher and moved roughly sideways before ending the session up 295.56 points or 1.47 percent at 20,385.
Export and financial stocks were among the best performers of the session, while some defensive food and construction stocks moved to the downside.
Australia's All Ordinaries Index hovered notably above the unchanged line, ending the session up 101.50 points or 1.86 percent at 5,562.
The market witnessed broad based strength, with consumer, healthcare, IT, material and real estate stocks among the best performers of the session.
Meanwhile, China's Shanghai Composite retreated after a 3-session advance and closed 45.90 points or 1.16 percent lower at 3,925. Hong Kong's Hang Seng Index also lost 103.10 points or 0.41 percent before closing at 25,121.
On the economic front, a report released by National Australia Bank showed that business confidence in Australia rose to nearly a 2-year high in June. The business sentiment index rose to 10 from 8 in May, and the business conditions index climbed 5 points to 11.
Data released by the People's Bank of China showed that lending by Chinese banks came in at 1.27 trillion yuan in June, exceeding estimates by most analysts. The M2 money supply rose 11.8 percent year-over-year, faster than the 11 percent growth estimated by economists. |
| | Better Than Bitcoin Whatever you do, do NOT buy Bitcoin right now. The smartest Bitcoin investor have stopped buying Bitcoin itself. They've found a better - and much safer - way to profit. We've uncovered the details behind what they're buying instead in our new report, "The Next Bitcoin." Download the Report Here - It's Free |
| | Currency and Commodities Markets | | Crude oil futures are rising $0.03 to $52.23 a barrel after declining $0.54 to $52.71 a barrel on Monday. Meanwhile, an ounce of gold is currently at $1,156.10, up $0.70 from the previous session's close of $1,155.40. On Monday, gold fell $2.50.
On the currency front, the U.S. dollar is trading at 123.03 yen compared to the 123.43 yen it fetched at the close of New York trading on Monday. Against the euro, the dollar is valued at $1.1065 compared to yesterday's $1.1002.
|
| | | | | | | 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