Credit Suisse Adds to Focus List
The Credit Suisse Investment Policy Committee (IPC) is adding
The Credit Suisse Investment Policy Committee (IPC) is adding
Tuesday April 24 Commodities Review
The EURGBP continues to have a strong April moving steadily in a downtrend. Through today’s trading, the pair has moved as much as 214 pips lower from its monthly high at .8357.
With only a hour into trading we find 10 names with high volume compare to yesterday.
U.S. single-family home prices climbed for the first time in 10 months, in an encouraging sign the beaten sector is starting to stabilize.
3M (MMM, quote) thumps profit expectations with Q1 earnings per share of $1.59 vs $1.49 estimates.
AT&T thumps expectations with first quarter earnings of $0.60 per share versus forecasts of $0.57.
THE TAKEAWAY: 1Q Australian CPI Rose 0.1% QoQ and 1.6% YoY > Price Increase Fell Short of Analyst Estimates, Sending Traders Scurrying Away from the Aussie Dollar > AUDUSD Dropped
Monday April 22 Commodities Review
The S&P 500 is not fairing very well in early afternoon trading, down over 17 points at the time of this post has many traders running for cover. Its times like this I like to map the market and find if any names that are bucking the trend and find out why. Its these names that seem to be able to weather the turmoil better and warrant a look.
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