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Market News

Location American Market News for 23 January 2017

More Babies in China Worth Celebrating---but Mind the Data

Wall Street Journal - 23 Jan 2017 12:36
Official data shows Chinese women had the most children since 2000 in 2016, but questions remain over whether the data is reliable.
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Yahoo reported quarterly earnings that beat analysts' expectations on Monday, and revenue that topped Wall Street's forecasts.
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As the Trump administration enters, talks of "border adjusted tax" are now taking center stage. Part of the GOP's corporate tax reform plan, this change would lead to a 20% tax on goods sold in the U.S. but manufactured ...
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Retail investors to get nearly half of Rs6,000 crore CPSE ETF Together with the ETF proceeds, government has garnered Rs30,000 crore from PSU disinvestment this fiscal
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Cenovus Energy Getting Very Oversold

Forbes - 23 Jan 2017 23:27
Cenovus Energy Getting Very Oversold In trading on Monday, shares of Cenovus Energy Inc. (Toronto: CVE) entered into oversold territory, hitting an RSI reading of 29.9
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RSI Alert: Navistar International Now Oversold In trading on Monday, shares of Navistar International Corp. (NYSE: NAV) entered into oversold territory, hitting an RSI reading of 29.3
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Monday Sector Leaders: Materials, Consumer Products The best performing sector as of midday Monday is the Materials sector, not showing much of a loss.
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Boeing had a rough yet eventful centennial year. A slowing commercial airplane market and low oil prices led to the lowest order tally in close to six years. This hit revenues throughout the year, as did unprecedented co...
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Halliburton's Rebound Isn't Good Enough

Wall Street Journal - 23 Jan 2017 21:13
Halliburton's results benefited from a sharp recovery in shale oil production, but it may have been too little for investors.
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Sebi seeks forensic audit of MCX's trading software

livemint.com - 23 Jan 2017 21:04
Sebi seeks forensic audit of MCX's trading software Sebi wants to know whether FTIL's ODIN software, which is used by MCX, is being used to gather price sensitive information and for insider trading
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Monday Sector Laggards: Energy, Industrial

Forbes - 23 Jan 2017 19:10
Monday Sector Laggards: Energy, Industrial In afternoon trading on Monday, Energy stocks are the worst performing sector, showing a 1.2% loss.
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Relative Strength Alert For Peyto Exploration & Development In trading on Monday, shares of Peyto Exploration & Development Corp (Toronto: PEY) entered into oversold territory, hitting an RSI reading of 25.5
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United States Virgin Islands (USVI) is not very far behind from facing the same sort of financial crisis as Puerto Rico.
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Rite Aid is Now Oversold

Forbes - 23 Jan 2017 19:08
Rite Aid is Now Oversold In trading on Monday, shares of Rite Aid Corp (NYSE: RAD) entered into oversold territory, hitting an RSI reading of 27.9
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Relative Strength Alert For AutoZone

Forbes - 23 Jan 2017 19:08
Relative Strength Alert For AutoZone In trading on Monday, shares of AutoZone, Inc. (NYSE: AZO) entered into oversold territory, hitting an RSI reading of 25.0
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Teva Pharmaceutical Industries Becomes Oversold But making Teva Pharmaceutical Industries Ltd an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of TEVA entered into oversold territory
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INSTEAD OF DOW 20,000, YOU SHOULD BE WATCHING THIS The 30-year U.S. Treasury yield's next big milestone could impact your wealth a lot more than Dow 20,000 might
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March 17th Options Now Available For Coach

Forbes - 23 Jan 2017 18:39
March 17th Options Now Available For Coach Investors in Coach, Inc. (NYSE: COH) saw new options begin trading today, for the March 17th expiration.
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March 17th Options Now Available For American Tower Investors in American Tower Corp (NYSE: AMT) saw new options become available today, for the March 17th expiration.
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Stock Price Divergence And Consumer Happiness Are Creating Investing Opportunities We're seeing consumer happiness dropping in some interesting brands, as the stocks sit near all-time highs. You can think of this as a real-time channel check to determine how consumers on Main Street are reacting at the...
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4 Investing Legends Predict Change In 2017

Forbes - 23 Jan 2017 18:09
4 Investing Legends Predict Change In 2017 Forecasting the New Year is a curious tradition. Much evidence suggests that no one does it both accurately and consistently, yet everyone keeps trying. Just as no war plan survives contact with the enemy, no investment ...
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September 15th Options Now Available For Oracle Investors in Oracle Corp (NYSE: ORCL) saw new options become available today, for the September 15th expiration.
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