The Next Big Theme: October 2019
Markets On The Mend, Still Not At Full Health
Pick ‘N’ Mix
Several big American banks announced third-quarter results on Tuesday, and each had a little somethin’ somethin’ different to its flavor…JPMorgan Chase was like a kid in a candy store: it reported higher-than-forecast revenue and profit, partly because it earned more than expected from investors trading “fixed income” (e.g. bonds), currency, and commodities – just like rival Citigroup.
Pipeline Earnings in a Market Focused Elsewhere
Earnings season for midstream energy infrastructure kicks off with Kinder Morgan (KMI) on Wednesday. In April we identified growing free cash flow (see The Coming Pipeline Cash Gusher) as the most important catalyst for higher security prices. We’ll be reviewing quarterly earnings for evidence that the sector remains on track to generate increasing amounts of excess cash that can be used to reduce debt, increase payouts and buy back stock.
Investors Shift From Stocks To Bonds
Major Increase in Selling by Insiders is Warning to Stock Market Investors to Watch Out
Volatility 411: Phase One Trade Agreement
An Important Leveraged ETF To Watch During Earnings Season
With earnings season and trade tensions potentially thawing, there could be reasons to embrace the technology sector from the long side and active traders can establish bullish stances with leveraged exchange traded funds, such as the ProShares UltraPro QQQ, TQQQ.
Earnings: Trends and Takeaways
Closing Bell (Oct.16)
FX Rundown: October 15, 2019
Stocks Rise as Earnings Season Begins
#VXBeat Insights On Climate Change In The Office: It Starts With Green Risk Management
The U.S. Week Ahead (Oct 21-25): Are Bank Loans Signaling a Rise in Debt-fueled Durable Goods?
Trading Around the World
Steelpath October MLP Update and News
Prepare FX Hedges For USD Bear Market Risk
Securities Lending Report: 10/07/2019 – 10/11/2019
Even Reed Hastings Admits Netflix Is in Trouble
Johnson & Johnson Trades Higher On Q3 Beat-And-Raise, Despite Legal Entanglements
Johnson & Johnson JNJ reported third-quarter earnings of $2.12 per share on Tuesday, beating the $2 Street estimate. The company’s quarterly sales of $20.73 billion beat the analyst consensus estimate of $20.09 billion by 3.19%.
Earnings News and Trade Deal News Running Side By Side
It is a busy morning, and for a change it doesn’t have as much to do with trade deal news as it does with earnings news. Be that as it may, there is no escaping trade deal news.
Stocks Are Set To Rise On October 15 As Earnings Stampede Begins
Morning Insights: October 15, 2019
Chart of the Week: Volatility – Cboe Volatility Index (VIX)
October 15, 2019