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Looming Fed Announcement May Lead To Choppy Trading On Wall Street

Looming Fed Announcement May Lead To Choppy Trading On Wall Street
The major U.S. index futures are pointing to a roughly flat opening on Wednesday after the major averages edged up to new record closing highs in the previous session. Traders are likely to be reluctant to make significant moves ahead of the Federal Reserve’s monetary policy announcement this afternoon. The announcement from the Fed is due at 2 pm ET,... Read More

FedEx Corporation: Q1 Earnings Plunge After a Cyberattack

FedEx Corporation: Q1 Earnings Plunge After a Cyberattack
Three months ago, package delivery giant FedEx (NYSE: FDX) posted excellent fourth-quarter results , soaring well past analysts’ expectations. At the time, FedEx’s management was very optimistic about the 2018 fiscal year. As CFO Alan Graf noted, the company’s outlook for the new fiscal year called for strong earnings growth. However, the very next week, a ransomware cyberattack devastated the... Read More

In The Wake Of The Carnage

In The Wake Of The Carnage
While most market participants will be paying close attention to results of the latest FOMC meeting today and tomorrow – where interest rates are expected to remain unchanged but an unwinding of the Fed’s $4.5 trillion balance sheet looks to begin in earnest – those in the Caribbean still recovering from Hurricane Irma two weeks ago now face another Category... Read More

Will Oil Hold Above $50 This Time?

Will Oil Hold Above $50 This Time?
With everything else that is going on, it is possible that many investors have missed the strong rally in oil over the last couple of weeks. After initially falling on disruption to refineries that resulted from Hurricane Harvey, West Texas Intermediate (WTI), the main benchmark for U.S. oil, has climbed over ten percent in the last two weeks to over... Read More

Validea Joseph Piotroski Strategy Daily Upgrade Report – 9/20/2017

Validea Joseph Piotroski Strategy Daily Upgrade Report – 9/20/2017
The following are today’s upgrades for Validea’s Book/Market Investor model based on the published strategy of Joseph Piotroski. This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria. OFFICE DEPOT INC ( ODP ) is a mid-cap value stock in the Retail (Specialty) industry. The rating... Read More

Validea Motley Fool Strategy Daily Upgrade Report – 9/20/2017

Validea Motley Fool Strategy Daily Upgrade Report – 9/20/2017
The following are today’s upgrades for Validea’s Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundamentals and strong price performance. CNO FINANCIAL GROUP INC ( CNO ) is a mid-cap value stock in the Insurance (Life) industry. The rating according to our strategy based on Motley... Read More

It's the Fed's Move Now

It's the Fed's Move Now
Stocks don’t seem too concerned about tomorrow’s Fed announcement after yet another positive session with all-time highs…but you can bet that they’ll be watching Chair Yellen’s comments closely. Once again, the Committee is not expected to raise rates during this meeting. However, there are many ways that they can move the markets, including with the plan to start reducing its... Read More