Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

The Channel

  1. Dow Jumps After Boeing Smashes...

    1 minute ago
    Zero Hedge
  2. Amazon announces Amazon FreeTime on...

    9 minutes ago
    The Fly
  3. Wayfair initiated with an Equal Weight...

    14 minutes ago
    The Fly
  4. Taiwan To Simulate Chinese Invasion In...

    23 minutes ago
    Zero Hedge
  5. Look To The Transportation Sector To...

    40 minutes ago
    Silver Doctors
  6. Twitter Soars As It Beats Across The...

    42 minutes ago
    Zero Hedge
  7. Alphabet upgraded to Buy after...

    about 1 hour ago
    The Fly
  8. Futures Slide As 10Y Breaks Above 3...

    about 1 hour ago
    Zero Hedge

Trade Idea of the Day Presented by: The Fly

On The Fly: What to watch in Coca-Cola earnings report

Coca-Cola (KO) is scheduled to report results of its fiscal first quarter before the market open on Tuesday, April 24, with a conference call scheduled for 9:00 am ET. What to watch for: 1. GUIDANCE: When Coca-Cola reported fourth quarter earnings on February 16, the company said it saw fiscal year 2018 earnings per... Read More

Notable companies reporting before tomorrow's open

Notable companies reporting before tomorrow's open, with earnings consensus, include Boeing (BA), consensus $2.58... Comcast (CMCSA), consensus 59c... Thermo Fisher Scientific (TMO), consensus $2.40... General Dynamics (GD), consensus $2.52... Northrop Grumman (NOC), consensus $3.63... Anthem (ANTM), consensus $4.91... Norfolk Southern (NSC), consensus $1.79... Boston Scientific (BSX), consensus 32c... Sirius XM (SIRI), consensus 5c... T. Rowe Price (TROW), consensus $1.71... Twitter (TWTR), consensus 11c... Rockwell Automation (ROK)...

On The Fly: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Hasbro (HAS) upgraded to Buy from Neutral at Monness Crespi with analyst Jim Chartier saying The Toys "R" Us liquidation has created a buying opportunity for Hasbro shares which are down 10% since the end of February. 2. BP (BP) upgraded to Buy from Neutral at Goldman Sachs with analyst Michele Della Vigna saying free cash flow growth and improving returns make BP an attractive turnaround story. 3. Volaris (VLRS) upgraded to Overweight from Equal Weight at Morgan Stanley...

Housing Inventory Tracking

Update: Watching existing home "for sale" inventory is very helpful. As an example, the increase in inventory in late 2005 helped me call the top for housing. And the decrease in inventory eventually helped me correctly call the bottom for house prices in early 2012, see: The Housing Bottom is Here. And in 2015, it appeared the inventory build in several markets was ending, and that boosted price increases. I don't have a crystal ball, but watching inventory helps understand the housing market. Here is a table from housing economist Tom Lawler showing the year-over-year (YoY) change for...

A Few Comments on March Existing Home Sales

Earlier: NAR: "Existing-Home Sales Climb 1.1 Percent in March" A few key points: 1) As usual, housing economist Tom Lawler's forecast was closer to the NAR report than the consensus. See: Lawler: Early Read on Existing Home Sales in March. 2) Inventory is still very low and falling year-over-year (down 7.2% year-over-year in March). More inventory would probably mean smaller price increases, and less inventory somewhat larger price increases. This was the 34th consecutive month with a year-over-year decline in inventory...

CRISPR stocks slide after Merck KGaA gets patent in China

Merck KGaA (MKGAY) of Germany announced that the Chinese Patent Office has issued a notice granting a patent application for the company's CRISPR technology used in a genomic-integration method for eukaryotic cells. This forthcoming patent in China covers chromosomal integration, or cutting of the chromosomal sequence of eukaryotic cells, such as mammalian and plant cells, and insertion of an external or donor DNA sequence into those cells using CRISPR...

Chicago Fed "Index points to a moderation in economic growth in March"

Led by slower growth in production- and employment-related indicators, the Chicago Fed National Activity Index (CFNAI) declined to +0.10 in March from +0.98 in February. Three of the four broad categories of indicators that make up the index decreased from February, but two of the four categories made positive contributions to the index in March. The index’s three-month moving average, CFNAI-MA3, decreased to +0.27 in March from +0.31 in February. This graph shows the Chicago Fed National Activity Index (three month moving average) since 1967...

Oil Is Breaking Out, So Are Inflation Expectations

After spending the last four months consolidating gains, crude oil is breaking higher again... The break higher in crude isn’t surprising given that oil fundamentals haven’t been this good in years. Neither is the break higher in inflation, which we expect to tend towards 3% over the coming quarters for headline CPI and 2.5% for core CPI. The two are related, of course, to the extent that rising oil prices feed into inflation. Still, it’s helpful for investors to receive confirmatory signals from multiple asset classes of a particular outcome, in this case rising oil prices and higher inflation...

Comcast, Charter announce mobile operating platform partnership

Comcast (CMCSA, CMCSK) and Charter (CHTR) announced that the two companies have formed a 50/50 operating platform partnership focused on the development and design of backend systems that support Comcast's Xfinity Mobile and Charter's Spectrum Mobile service. The new partnership is the result of the continuing collaboration between Comcast and Charter in the mobile space, as each company continues to develop their respective mobile brands, products, and services. Through the agreement, Charter and Comcast will work...

Recent Tweets @InvestChannel

Follow Us on Twitter