Tuesday 28 February 2017

Feb 28, 2017 - Market Update

Short recap

Asia up on Wall Street and month-end flows
EU trading mixed
Trump met with Chinese official to talk about security and meeting with CN president
Abe/Kuroda – will keep stimulus in place
Some EU firms not able to repatriate profits from China (unconfirmed rumour)
But PBOC confirmed that companies use standard channels to do so


Saudis looking at crude oil around USD 60 level this year
Oil supported by OPEC cuts despite higher US production
But WTI may test 52.70 as the market can not break through 55.00
Banks refraining from commenting the political developments in order to avoid being biased
Fed’s Kaplan sent a strong message yesterday on rate hike (Mar 15 now priced at 50%)
Would need to have the same strong rhetoric from Yellen and Fisher as well
But FOMC may pre-confirm the May hike in March instead of rising rate
GE-FR spread contracts to 66 bps from 79 bps on Macron
Still some politics around new Scottish referendum

USDJPY

Likely range of 110-115 as a first reaction to Trump surprise good or bad
But all comes back to 10 yr US Trys yield

Data

Tue:
2nd estimate of US GDP expecting at 2.1% vs 1.9% last month
US: House prices – expecting at 5.3%
US: Consumer confidence – expecting no change
Fed’s Williams, Bullard speaking

Trump speaking (1100) – recorded interview on Fox to be released

Trump at joint session of Congress (0200-0330 Wed morning)
Likely to express opinions and plans closer to Congress way of thinking in order to get his plans through
If not, would need to fight with Congress to get them approved
Will touch taxes and infrastructure but more details on taxes on Mar 13-14 as a part of the budget

During the speech to watch the reaction of 10 yr Trys yield (currently 2.36%) as the rest of the market will just follow

Support levels: 2.30%, 2.15% and 2.00%
Resistance at 2.52%

Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom

Monday 27 February 2017

Feb 27, 2017 - Market Update

Short recap

Asia started on a bad note but recouped the losses
EU markets opened higher
Trump not to cut social welfare programs: Social Security and Medicare
US Treasury Sec Mnuchin – fiscal stimulus impact this year muted (not helping USD and yields)
Busy week with plenty of Fed speakers to be watched for clues on Mar 15 rate hike (priced at 40%)
If there are no really strong comments, especially from Yellen on Friday, we should look at May or June meeting rate hike
Chinese Navy will benefit from rich funding as China to challenge US on the sea


Speculative longs in WTI from HFs reaching new high at 443 mln barrels

Russell 2000 lagging S&P 500 on fiscal stimulus delayed till end of summer or later
Note that small to medium caps will benefit more from fiscal stimulus, thus are much more sensitive to any news
LSE & Deutsche Borse merger unlikely getting approved by EU Commission
Nokia 3310 is back (by the way, I love my BlackBerry Bold…)
Stada is opening the books as a part of acquisition process

Bond yields hitting the lows on risk off and disappointment on Trump
10 yr US Trys yield at support level of the 2.31-2.55% range

GBP not feeling well on a risk of new Scottish referendum

EURUSD still in a range of going nowhere (1.0500-1.0680)
With 1.0500 super strong and battle ground within the range of 1.0500-1.0520 on the downside
Trump’s speech or US PCE inflation can shed some light on further direction

USDJPY – still very sensitive and may react strongly on Trump if we see lots of pro-inflationary talk that will spur the yields rise
Below 1125.50 we have next target 111.60 if Trump doesn’t deliver
Take a not of shrinking Ichimoku cloud on daily chart
Market may be pre-positioning for disappointment
May hit 110 or 115 (chance are widely open)
Vols pretty cheap either direction

Gold – 200 DMA at 1262 ahead of us
May see some profit taking ahead of Trump tomorrow
Fibo levels: 1250 (50%) and 1279 (61.8%)

Data

Mon:
EZ: Business Climate Indicator – to decline slightly
EZ: Consumer confidence – to decline more
US: Durable Goods Orders – to rise
US: Pending home sales – expecting 1% increase
Fed’s Kaplan (1600) – Q&A session

Tue:
2nd estimate of US GDP expecting at 2.1% vs 1.9% last month
US: Consumer confidence – expecting no change
US: House prices – expecting 5.3%
Fed’s Williams, Bullard speaking

Trump at joint session of Congress (0200-0330 Wed)
Likely to express opinions and plans closer to Congress way of thinking than his ideas from presidential campaign

Wed:
US: Consumer spending – expecting 0.3% increase
US: Personal income – expecting 0.3% higher
ISM Manufacturing – expecting no change
Fed’s Kaplan, Brainard speaking
Beige Book

Thu:
Fed’s Mester speaking

Fri:
US: ISM Non-manufacturing activity index – expecting no change
US: NFPs only next week on Mar 10
Fed’s Yellen, Evans, Lacker, Powell, Fisher speaking

Super Wednesday Mar 15, 2017

Dutch elections
FOMC meeting
US debt ceiling deadline – if no agreement is reached as of Mar 16 the USD 20.1 trillion limit on federal debt is in place
What will stop Trump from his stimulus plans until the deal with Republicans is agreed

Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom

Sunday 26 February 2017

Feb 26, 2017 - Q4 Earnings - Week 7

Q4 Earnings – Week 2017-02-26

As we are moving closer to the end of earnings season we have got more international and medium to small companies reporting. Last week Royal Bank of Canada hit the CAD 3 bln earnings mark, actually for the first time. The investors were pleased by 24% rise in earnings, 5% hike in dividends. The good news was that all areas performed well.


Target – may not be the top performer this week as holiday season was hit by discounts and competition

Mylan – market is interested to see how the company is effected by ongoing price investigation and facing competition in generics

Salesforce.com – expecting better results on the back of overwhelming demand for sales and marketing software

Valeant Pharmaceuticals – nothing new here, the company is still struggling under enormous debt burden, likely the sales of non-core assets may not be sufficient

VTB Bank and Sberbank – the Trump stance on Russia is changing, Western sanctions being in place, domestic economic still not out of the woods but having better prospects for higher oil price, all of that has definitely a direct impact on financial sector in Russia. Let’s see how the banks do in this environment.

Name
Exchange
Date
Estimated EPS
Estimated Revenue
CST Brands
US
Mon
0.36
2,460
Perrigo
US
Mon
1.62
1,340
Priceline.com
US
Mon
13.01
2,330
VimpelCom
RU
Mon
0.04
2,210
BMO
CA
Tue
1.88
Bank of Nova Scotia
CA
Tue
1.57
Target
US
Tue
1.50
Valeant Pharmaceuticals
CA
Tue
1.83
2,330
MAN
GE
Wed
BestBuy
US
Wed
1.67
ENI
IT
Wed
Evraz
RU
Wed
3,700
Lowe's
US
Wed
0.79
Luxottica
IT
Wed
Mylan
US
Wed
1.42
3,220
National Bank of Canada
CA
Wed
1.26
Office Depot
US
Wed
0.10
2,730
VTB Bank
RU
Wed
Anheuser Busch Inbev
BE
Thu
0.83
13,690
Canadian Natural Resources
CA
Thu
0.10
3,140
Costco
US
Thu
1.36
Deutsche Telekom
GE
Thu
Embraer
BR
Thu
0.73
1,870
LafargeHolcim
CH
Thu
Sberbank
RU
Thu
TD Bank
CA
Thu
1.27
Parmalat
IT
Fri

Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmail.com

Feb 26, 2017 - (Weekly Tech Overview) AUDUSD, EURAUD, AUDJPY

Hi All,

Let's have a look at aussie charts...I know again but let's do it together:

No change in my view, still bearish medium and long term. One can argue: come on Piotr, check the charts and see how strong AUD is.

Well, that's the reason I went through AUD charts again....

Patience is extremely important especially, when one is trying to speculate in FX over medium and long term as we have to wait weeks or months to catch great entry ( with tight stop at the same time, which is not easy on higher TF ).


Join Us and check how and what we are doing
FREE LIVE TRADING ROOM - click here

AUDJPY

This is a great example if we are talking about the patience. Please check our previous update from 23rd of October 2016 available here or only chart below:


...and current AUDJPY weekly chart:





EURAUD Weekly

Here bulls should decide if they want to move back above 1,40 or give up. Weekly chart is showing some buyers are trying to step in ( lower shadows at the bottom of the channel ), we should get few answers during the week:



AUDUSD Weekly

Last example and here, the patience is really needed:


Please don't hesitate to contact Us should you have additional questions.

We are here to help you, just contact us at: landoftradingATgmailDOTcom


Happy Trading

Mr Price Action



 DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom, Blog: landoftrading.blogspot.com

Friday 24 February 2017

Feb 24, 2017 - Market Update

Short recap

Asian shares lower, hit by slide in material shares on falling copper, iron ore and other commodities
EZ risks still present, Japanese investors own 13% of French bonds
If the Le Pen headlines continue we may see more EURJPY downside


Trichet on global debt and DM crisis coming in 10-15 years  video (talking about debt from 13th minute)
Pace of growth of DM debt slowed down but EM accelerating, especially China

Trump – Obamacare & tax reform this year (tax laws in Aug), infrastructure plan in 2018
Actually, he is getting a strong competition as he is not the only Champion in the room but China has become the Grand Champion
Doesn’t really matter that in FX manipulation in this case

New top trading partner for Germany is China as US slipped to third day after France
US oil production rising, replacing OPEC cut deliveries in Asia
Bunds supported by reinvestments, US Trys up on lower expectations of March hike

Peugeot-Opel – Peugeot to implement its own small car platform across Opel models
Royal Bank of Canada expected to report better results supported by division of capital markets
Its US activities will be in focus due to lighter regulation
Advent International improving the offer for Stada (EUR 3.6 bln)
UniCredit EUR 13 bln shares issue almost fully subscribed

NY Fed primary dealers expecting Fed to move in May or eventually later
March hike at 36%
May or later at 78%

We saw a bit of hesitation in US stocks yesterday what may result in a correction before Mar 15 FOMC
If we it does it can be a good signal that market is ready for rate hike

EURUSD – just touching support at 1.0500 or is there anything else?
Critical 1.0515 (year open) and than 1.0460
If we manage to close below then we are ready for more downsize even lower towards parity
Range 1.0500/20 is the battleground

Gold – 1250 (61.8%) and 1260 (200 DMA)

Data

US: Consumer Sentiment – to decline a bit

US: New Home Sales – expecting a new impulse


Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom


Thursday 23 February 2017

Feb 23, 2017 - Market Update

Short recap

Asian stocks took a breather
Europe opened mixed

FOMC Minutes showing cautiousness (not to forget that the meeting took place right after Trump inauguration that was accompanied with huge uncertainty)
But lots has happened since then
May rate hike priced at 50%
10-yr US Trys yield at 2.40% after FOMC


FR elections: Bayrou pulling out and expressing support for Macron
GE-FR spreads down by 10 bps as a reaction
Demand for Bunds (politically driven vs strong momentum in stocks from good macro data)…something fishy here

EURUSD – experienced short squeeze on the news but jump was more about hitting strong support around psychological 1.0500 level

AUDUSD – not sure about the direction
Reflation and commodity story to push higher
Rate spreads to weight on the cross

Nissan Motors – Carlos Ghosn to step down as CEO after 15 yrs with the company
Airbus looking at easing penalties from EU govs for delay in military aircraft contract
Tesla to start Model 3 production in Sep, reporting smaller loss
Bayer expecting agri products (pesticides) business flat this year
Focussing on Monsanto takeover completion (USD 66 bln)

More HFs warning about Trump stock rally being overdone
While EU political risks not priced in

UK Brexit – Australia and Israel to expand trade and investments
US Trs Sec Mnuchin making vague comments about effects of strong USD
UK and Canadian regulators to assist FinTech

Goldman Sachs expecting crude oil stocks to keep falling
OPEC is tightening but US shale production is rising on better effectiveness and cheap funding
Don’t really see the signs of improved demand
Commodities need more real demand & lower inventories to rally further
Most vulnerable are copper and longs in oil

Data

GE: Gfk Consumer Climate Index – out slightly higher
UK: CBI Distributive Trades Index as a leading indicator for retail spending should point slightly higher
US: Initial/Continuing weekly unemployment claims – expected marginally higher
US: Chicago Fed National Activity Index – expected slightly higher
US: FHFA House Price Index
US: Kansas City Fed Manufacturing Index

ECB Praet speaking (0855)
Atlanta Fed Lockhart speaking (1335) – likely to provide a recap of his 10 yrs at Fed as he retires soon
Dallas Fed Kaplan (voter) speaking (1800)

Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom
  

Wednesday 22 February 2017

Feb 22, 2017 - (Video) Risk - bit more + Land Of Trading Live Trading Room Edu

Hi,

This time we did it a bit different.
We went through majors and then I was trying to explain tacticts related to risk management, especially useful for daytraders (aggressive traders).

 Trading Plan + 2nd part related to Risk ( first part available here )



Join Us and check how and what we are doing
FREE LIVE TRADING ROOM - click here



Please don't hesitate to contact Us should you have additional questions.
We are here to help you, just contact us at: landoftradingATgmailDOTcom.

Happy Trading
Mr Price Action


DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom, Blog: landoftrading.blogspot.com

Feb 22, 2017 - Market Update

Short recap

Asian markets on positive note
EU to open higher
BoJ planning to be more transparent with announcing specific dates for bond buying operations (likely to avoid recent surprise moves)
Kuroda: ready to easy more


US Treasury Secretary Mnuchin-IMF Lagarde: IMF to evaluate FX levels and police FX policies
Fed Mester – at full employment, prices raising but don’t want to surprise the markets
US VP Pence delivered the marketing message of support for EU and NATO this weekend
But week earlier Chief Strategist Bannon had a different view
Spain is really firing at all cylinders with 2016 exports of EUR 255 bln from EUR 160 bln in 2009
Proof that the reforms they did earlier with weaker EUR work well for them

DAX to push higher behind 12 000 mark on strong data
US stocks with strong momentum but getting overvalued
Usually stocks grow with rising bond yields until 10 yr US Trys hit the levels around 3.9%
So there is still room but since US election we’ve got too high to fast

Daimler planning to build a plant near Moscow to produce Mercedes-Benz cars
It is a first major investment after announcing sanctions
Verizon agreed with Yahoo on lower takeover offer due to cyber attacks on Yahoo

EUR weakness not USD strength
Daily pivot: 1.0558
1st daily support: 1.0502
2nd daily support: 1.0468
3rd daily support: 1.0412
76.4% Fibo: 1.0455, the level 1.0450/60 next strong support range
Low from 1997 at 1.0416
Then the lows of 1.0340 only

Gold weakness seen more against EUR than USD
XAUEUR printing new highs

Brent crude getting tighter as we get closer to potential squeeze
As calendar spreads for upcoming expiries rose substantially
What in turn can make the storing of oil outside US a losing trade

10 yr US Trys yields lower on softer PMI data yesterday but erased the loses later on
Currently at 2.45%, still below important resistance at 2.51/52%
GE-FR spread hitting 78 bps again on Le Pen

Data

GE: Ifo Business Climate Survey – to confirm the overall strength of GE economy, no big surprises expected
US: Existing Home Sales – set to surprise on positive side

FOMC Minutes – markets still not taking the Mar 15 meeting seriously despite Yellen’s testimony from last week
Minutes can shed a bit more light on whether Fed is eyeing to raise rates in March

Fed Powell speaking today, as he is a possible successor of Yellen
It is worth to watch him as he may provide additional clues on March hike amid strong figures from US


Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom

Tuesday 21 February 2017

Feb 21, 2017 - Market Update

Short recap

Asian stocks mixed despite some speculations about China getting back on track
EU to open lower with some caution ahead of Flash PMIs and after day off in US/CA
Volatility staying extremely low (as mentioned yesterday), no trigger in sight yet (may be Trump before Congress on Feb 28)
Difficult to time as the substantial rise in VIX is always steep


Oil supported by substantial jump in long speculative positions from managed accounts reaching record highs
Difficult to imagine what will happen if we experience sudden unwinding of positions
Seeing battle between OPEC cuts, higher demand from China vs rising US production

Iron ore higher today as per increased demand for higher graded steel from China

US homebuilders experiencing shortage of skilled workers

BHP Billiton reported higher profit on commodities rally
Warned about risks for metals and iron ore rally in the short term

HSBC disappointed as it struggles in its core markets, had a one off write-down, pre-tax profit down 62%
EM and China hitting the results

More and more speculative longs in Rubble sound like speculative accounts betting on rising oil

10 yr US Trys yield at 2.44%, we may see some selling pressure as US comes back
2 yr auction ahead of us can be a good gauge
Bunds range bound 164.07/164.94
GE-FR spread was widened again yesterday on Le Pen advance in polls
But new polls show Macron winning in 2nd round (this one counts)

Some progress on Greece – bailout auditors coming to Greece again

But nothing else as EU officials do not want to irritate EZ public with Greece write off headlines ahead of crucial elections this year

Data

EZ: Composite PMI – expected slightly lower but still reaffirm the growth
US: Manufacturing PMI – expected higher

Will have FOMC Minutes and some Fed officials speaking this week but it shouldn’t be that relevant to the market after Yellen last week

Good luck Champs!

Mr Hawk




DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom

Monday 20 February 2017

Feb 20, 2017 - Market Update

Short recap

US markets closed on Monday on account of President’s Day (not to get confused with Trump, reference is to George Washington birthday)  :o)
CA markets closed as well on account of Family Day

DXY not reacting to Mar 15 hike increased likelihood (40%)
Fed likes to see the probability of rate hike above 75% to act
Will see whether Fed officials will be convincing enough to increase the probability before Mar 15


Kraft Heinz buying Unilever for USD 143 bln is off
US shale oil producers facing a rising costs (first time after couple of years)
Battle for German drug producer Stada keeps heating up with the latest Bain Capital acquisition proposal for USD 3.8 bln. The shares trading at new historic highs below EUR 58.
DAX likely to test 12 000 as strong underlying momentum continues

EURUSD – jumped from 1.0530 (61.8% Fibo) but range trading
Markets like to see the cross below 1.0700, pressured by political risks as well
1.0500/25 key for further testing below 1.0350

Lower Bund yields can be seen as risk off in EZ
10 yr Trys yields struggling to break 2.50% level, will see how market will react to hawkish comments from Fed officials

USDJPY – support around 112.50 + 23.6% Fibo + support in the form of descending trend line connecting high of Jan 3 & Jan 27
Then lows around 111.60

XAUUSD – still range bound 1220 (38.2% Fibo) and 1245/1250 (50% Fibo)

Data

UK: CBI Industrial Trends Survey – hard to say after Dec negative surprise but Brexit impact is more and more visible
EZ: Consumer Confidence Indicator – expected to stay steady but upcoming elections in EZ could weigh on sentiment
EZ FinMin meeting today, no resolution expected on Greece

Feb 28 – Trump before Congress, is he going to disappoint?

Putin supporting the EZ or EU collapse? Not really...

Putin is definitely not interested in collapse of EZ
36% of Russian foreign currency reserves are in EUR (USD 48%)
Russian businessmen invested heavily in EU
EU is the largest trading partner for Russia with exports worth of almost USD 100 bln to EZ, what equals to exports to the rest of the world
Foreign direct investments to Russia from EZ total 70% of all FDI flowing to Russia

Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom

Feb 20, 2017 - (Chart of the Day) PLN hit supply, what next for USDPLN, EURPLN and CHFPLN

Hi All,

after few weeks of positive flow ( correction / profit taking - whatever you want to name it ) PLN hit wall of supply and looks like Friday / last week Price Action suggest lower levels to come.

USDPLN ( you can check our Trade Idea here ) Weekly chart:
 

Daily chart:
 

30min chart:
   
Join Us and check how and what we are doing:
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  EURPLN daily chart:
 

30min chart:
 

CHFPLN Daily chart:
 

30min chart:
 


Please don't hesitate to contact Us should you have additional questions. We are here to help you, just contact us at: landoftradingATgmailDOTcom.

 Happy Trading Mr Price Action

 DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmailDOTcom, Blog: landoftrading.blogspot.com

Sunday 19 February 2017

Feb 19, 2017 - Q4 Earnings - Week 6

Q4 Earnings – Week 2017-02-19

Markets are still heavily skewed to watching Trump headlines and professional investors are more and more often adding the so called “Trump factor” to their expected return calculations. Some valuations are overstretched, especially financials while the energy is on negative too with the heavy debt load and current outlook for oil.


On the other hand, the cost of protectionc and hedging is pretty low with VIX trading around 11.50. Such a low level provides us with an interesting opportunity to hedge stock portfolios in case Trump doesn’t deliver on Feb 28 when the joint committee session before US Congress takes place. Then we have Mar 15 with FOMC and G10 FinMin and central bankers meeting right after on Mar 17-18.

But what are we up to this week apart from FOMC Minutes that can provide some clues about potential Mar 15 rate hike that is priced at 40%?

Wall-Mart Stores – investors are curious about effects of pushing strongly e-commerce and consolidation of store sales with e-sales

Home Depot – expected to report better numbers as the real estate market and related sales are strong in US. As the chain is relying on imports from Mexico, any comments on Trump border tax initiative will be watched as it is the case of Wall-Mart Store as well.

First Solar – to report loss due to write-offs and restructuring

HP – market is expecting a rise in profit from increased stability in PC market, effects of job and cost cutting and strong sales of hardware

Tesla – investors are looking at increase in revenue on growing sales. What definitely, will not pass by unnoticed are the comments from Elon Musk on company plans for 2017 including update on its Gigafactory, Model 3and SolarCity developments.

Baidu – markets are expecting smaller revenue growth due to new regulation in advertising and will listen closely to upcoming projects and artificial intelligence efforts

Barclays – investors will be interested to see how the UK based banks cope with upcoming Brexit negotiations. With this respect Barclays has already put Berlin on the top of its preferred location list for its HQ covering EU activities.

Name
Exchange
Date
Estimated EPS
Estimated Revenue
Anglo American
UK
Tue
9,600
BHP Billiton
UK
Tue
15,940
First Solar
US
Tue
0.528
HSBC
UK
Tue
0.04
24,180
Home Depot
US
Tue
1.33
21,793
Intesa Sanpaolo
IT
Tue
Macy's
US
Tue
1.96
8,624
Medtronic
US
Tue
1.11
7,224
Wall-Mart Stores
US
Tue
1.29
131,218
Airbus Group
FR
Wed
1.35
Bayer
GE
Wed
0.44
13,050
Gazprom
RU
Wed
HP
US
Wed
0.37
Iberdola
ES
Wed
Lloyds Banking Group
UK
Thu
0.01
8,650
Tesla
US
Wed
-0.42
2,240
BAE Systems
UK
Thu
9,860
BASF
GE
Thu
Baidu
CN
Thu
0.90
18,660
Barclays
UK
Thu
0.01
8,560
CIBC
CA
Thu
1.92
Centrica
UK
Thu
13,570
Glencore
UK
Thu
79,890
Henkel
AU
Thu
Vale
US
Thu
0.26
20,680
Veolia Environment
FR
Thu
Husky Energy
CA
Fri
-0.01
4,440
Magna International
CA
Fri
1.79
9,140
RBS
UK
Fri
5,630
RBC
CA
Fri
1.77
Standard Chartered
UK
Fri
3,610
Telefonica
ES
Fri

Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmail.com