© Reuters. FILE PHOTO: A North Korea flag flutters next to concertina wire at the North Korean embassy in Kuala Lumpur, Malaysia March 9, 2017. REUTERS/Edgar Su By Hyonhee Shin SEOUL (Reuters) – North Korea criticised a recent U.S-South Korea agreement to bolster the deployment of American strategic assets in the region for escalating tension...
Growth-oriented stocks tend to have their best relative showing vs. value-oriented stocks beginning in May and running through August. Check out the relative seasonal performance of the XLK (vs. the SPY) over the next four months: If you add the bottom numbers of each calendar month (represents average monthly outperformance of XLK vs. SPY since...
Fintel reports that on April 28, 2023, Shore Capital reiterated coverage of Team17 Group (LSE:TM17) with a Buy recommendation. Analyst Price Forecast Suggests 62.84% Upside As of April 24, 2023, the average one-year price target for Team17 Group is 589.48. The forecasts range from a low of 479.75 to a high of $924.00. The average...
© Reuters. A security guard stands outside a First Republic Bank branch in San Francisco, California, U.S. April 28, 2023. REUTERS/Loren Elliott By Chris Prentice, Saeed Azhar, Lananh Nguyen and Paritosh Bansal (Reuters) – U.S. regulators are trying to clinch a sale of First Republic Bank (NYSE:) over the weekend, with roughly half a dozen...
An interesting Seasonality Timing System was developed by Yale Hirsh of the Stock Trader’s Almanac. It was based upon the observation that stock market seasonality is broken into two six-month periods. The favorable period begins on November 1 and ends on April 30. The unfavorable period begins on May 1 and ends on October 31....
Pfizer (NYSE: PFE) is scheduled to report its Q1 2023 results on Tuesday, May 2, and we expect it to see higher levels, with its revenue and earnings expected to exceed the consensus estimates. Its Covid-19 vaccine and the antiviral pill will see a significant drop in sales. The combined revenue from these two products...
© Reuters. FILE PHOTO: A Tesla Model X car (front) and Model S (2nd L) are photographed at a Tesla electric car dealership in Sydney, Australia, May 31, 2017. REUTERS/Jason Reed (Reuters) – Tesla (NASDAQ:)’s Model S and Model X were not available for order in some Asia-Pacific countries, including Australia, Thailand, Singapore and New...
Below is just one of several headlines about stagflation we have seen this week. From April 27, 2023, TheStreet.com: “Stagflation Risks In Focus As U.S. Economy Slows, But Inflation Stays High” “The coveted soft landing is looking increasingly difficult to achieve and we are now getting towards a position where the market may become concerned that stagflation...
Sundry Photography/iStock Editorial via Getty Images Chip designer Arm (ARMHF) said it confidentially submitted a draft registration statement with U.S. Securities and Exchange Commission for an initial public offering. The size and price range for the proposed offering have yet to be determined, Arm (ARMHF) said in a statement on Saturday. ARM, which is owned...
Fintel reports that on April 28, 2023, Keefe, Bruyette & Woods maintained coverage of First Financial Northwest (NASDAQ:FFNW) with a Market Perform recommendation. Analyst Price Forecast Suggests 33.27% Upside As of April 25, 2023, the average one-year price target for First Financial Northwest is 16.19. The forecasts range from a low of 15.15 to a...