Cisco's Fiscal 1Q18 Earnings Beat Analyst Estimates

The US-based (SPY) tech (QQQ) heavyweight Cisco (CSCO) announced its fiscal 1Q18 results on November 15 and reported revenue of $12.1 billion.

Walmart Stock Soared 10.9% on Stellar 3Q Results

Walmart (WMT) stock rose 10.9% to $99.62 after the company reported better-than-expected fiscal 3Q18 results on Thursday, November 16, 2017. Several analysts raised their price targets on the stock.

Home Depot Raised 2017 Guidance after Strong 3Q17 Earnings

Home Depot (HD) posted adjusted EPS of $1.87 on revenues of $25.0 billion. Compared to 3Q16, the company’s EPS rose 16.9%, while revenues rose 8.1%.

Pre-Market Report: Global Markets Are Mixed on November 17

On November 17, the Shanghai Composite Index fell 0.48% and closed the day at 3,382.91. The SPDR S&P China (GXC) rose 1.8% on November 16.

RECENT Energy and Power RESEARCH

2013.02.26 - HDD Gas Non-Cum
Frigid temps support nat gas prices

Last week’s colder than normal weather provided support to natural gas prices and nat gas stocks.

2013.02.25 - Natural Gas Prices ST
Rise in natural gas prices on the week is short term positive for nat gas names

Last week’s upward move in natural gas prices was a positive short term catalyst for domestic natural gas producers.

2013.02.25 - WTI vs XLE vs EOG
Domestic producers such as EOG hurt by slide in WTI prices

Last week, WTI prices slid downward which is a negative short-term catalyst for domestic oil and gas producers.

2013.02.25 - Nat Gas Rigs
More natural gas supply depresses valuations of CHK, other domestic gas names

Rigs targeting natural gas rose by seven last week, an unusual data point as natural gas rigs have largely been decreasing in response to low natural gas prices since 3Q11. Continued increases in rigs drilling could further depress natural gas prices.

2013.02.25 - Oil Rig Count
Are oil producers feeling uneasy about the future?

Last week, the count of oil rigs drilling decreased by eight. A continuation of this trend could signal that oil producers are feeling uneasy about the oil price or operating environment and want to cut back production.

2013.02.21 - Nat Gas Inventories
Nat gas inventory draw slightly above expectations, positive for nat gas names

Natural gas inventories declined more than expected, which is a positive indicator of either more than expected natural gas demand or less than expected natural gas supply.

2013.01.27 - NG Production
Natural gas production not likely to curb soon, bearish for dry nat gas companies

Natural gas production has not slowed, despite persistently low natural gas prices.

2013.02.12 - US Crude Inventories
Crude inventories up less than expected in bullish indicator for oil companies

Crude inventories increased less than expected last week, which was a positive indicator for oil prices and oil producers.

2013.02.12 - WTI-Midland
WTI-Midland spreads tightened on the week, positive for Permian producers

Last week the spread between West Texas Intermediate (WTI) and Midland crude narrowed, which was positive for producers based in the Permian Basin in West Texas where Midland crude is priced.

2013.02.12 - HDD Nat Gas
Continued warmer weather last week weighs on nat gas prices and producers

Continued warmer weather last week implies less natural gas demand and lower prices, weighing on natural gas producer stocks.

2013.02.12 - EIA Brent Oil Prices
EIA raises oil price and demand forecast, positive for energy stocks and ETFs

On February 12, the Energy Information Administration raised its outlook for oil prices which is a positive signal for oil producers.

2013.02.12 - Crude vs XLE vs XOM
WTI prices down Brent prices up on the week, favors international over domestic producers

Domestic oil prices (WTI) fell last week while international (Brent crude) oil prices rose resulting in a negative catalyst for domestic producers and a positive catalyst for international producers.

2013.02.12 - Oil Rig Count
Oil rig counts down slightly last week, continuation of trend would be bearish signal

Oil rig counts were down slightly last week after last week’s strong increase. A continued drop of oil rigs would be a bearish signal from oil producers.

2013.02.12 - Nat Gas Rigs
Nat gas rigs continue decline, companies remain bearish on nat gas

Natural gas rigs drilling dropped again last week, however, no real rebound in sight for natural gas prices.

2013.02.11 - High Yield Bond Yields
Borrowing rates for high yield credit increased, negative for some companies with funding needs

Yields on high yield bonds moved higher last week. Continued moves upward in yields could mean that companies will have a higher cost of debt, which is most negative for companies that have significant near-term financing needs.

2013.02.11 - Nat Gas vs CHK vs KWK
Natural gas fell last week, bearish for nat gas stocks

Natural gas spot prices closed at $3.27/MMBtu (millions of British thermal units) on 2/8/13, down $0.03 from the prior week.

2013.02.21 - BAML H0A0
Yield compression in HY bonds last week positive for names with funding needs

Last week, the yield on the BofAML high yield bond index decreased, which is a positive sign for high yield companies with funding needs coming up.

2013.02.12 - US Crude Production
US crude production continues to rise, could result in further depressed WTI prices

US crude production continues to rise which could put supply pressure on crude oil prices.

2013.02.11 - Coal to Gas
Higher coal prices on the week positive indicator for coal-to-gas switching

Last week’s increase in coal prices relative to natural gas is a positive for coal-to-gas switching trends.

2013.02.21 - Crude Inventories
Crude inventories increased far more than consensus estimates, bearish for oil names

A larger than expected build in crude inventories caused oil prices to slide on the day, which is bearish for oil producer stocks.


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