In this series, we’ll examine the final services PMI for the US, the UK, Japan, France, Germany, Spain, and the Eurozone for October 2017. We’ll also look at the US consumer confidence level.
The EIA issued its natural gas inventory report on November 9, 2017. Natural gas inventory was 3,790 Bcf which is 0.4% more than 3,775 Bcf for the week ended October 27, 2017.
Besides the impact of interest rates, there are also other global indicators that could play on precious metals—the most important being the US dollar.
U.S. Steel and ArcelorMittal posted better-than-expected revenues and profits in 3Q17, but AK Steel missed consensus estimates for its top and bottom lines.
Whiting Petroleum (WLL) stock fell 1.1% in the week ended November 10. On November 8, Whiting announced a one-for-four reverse stock split.
In this series, we’ll take a look at institutional investors’ utility holdings in 3Q17.
Antares Pharma’s (ATRS) products include Vibex, a pressure-assisted autoinjector. The global injectable drug delivery market is expected to grow to $624.5 billion by 2021.
Refining stocks like Marathon Petroleum (MPC), Andeavor (ANDV), Valero Energy (VLO), and Phillips 66 (PSX) have posted strong performances in 3Q17.
In the 44th week of 2017, total rail freight traffic in the United States recorded a ~0.9% fall. Overall volumes, including intermodal, decreased to ~539,000 units.
So far this week (starting November 13, 2017), natural gas (UNG) (BOIL) prices are leading a decline in energy commodities.
On November 14, 2017, US crude oil (USO) (OIIL) December futures fell 1.9% and closed at $55.7 per barrel.
On November 13, 2017, Patterson-UTI Energy (PTEN) was trading at $20.58. It has fallen ~24% since the beginning of 2017.
Facebook published its 3Q17 results on November 1, again reporting revenue and earnings growth and comfortably surpassing the consensus estimate.
In this series, we’ll discuss the top ten S&P 500 (SPY) companies with the lowest dividend growth. The energy sector comprises 70% of the list.
Deere (DE) will announce its fiscal 4Q17 earnings on November 22, 2017, before the market opens. The announcement will be followed by a conference call.
In order to analyze the performance of the precious metals market, it’s important to look at the core mining stocks and their technical details.
US crude oil (USO) (USL) futures contracts for December delivery fell 1.8% to $55.70 per barrel on November 14, 2017.
Vivint Solar posted $75.1 million in revenues in 3Q17, up by 82% on a YoY (year-over-year) basis.
Tyson Foods (TSN) announced better-than-expected fiscal 4Q17 results on Monday, November 13, 2017. The company’s sales and EPS easily surpassed Wall Street’s expectations.
Macy’s (M) stock surged about 11% on November 9 in reaction to its fiscal 3Q17 results. However, the company’s stock continues to be in the red on a YTD (year-to-date) basis.