FlowBank

1044 days ago

There is a ramp up in demand for chinese equities

While the CSI Index’s trades are largely contained within a trading envelope, at least one indicator tells a different story. The percentage of shares with a buy signal based on the moving-average convergence-divergence pattern has recovered to the highest level since early March. Those with a sell signal are on a declining trend.

#Stocks

1045 days ago

S&P 500 companies are beating earnings estimates at a record clip

With Q1 earnings season essentially wrapped up, worth noting that nearly 90% of S&P 500 companies beat profit estimates

#Stocks
S&P 500 companies are beating earnings estimates at a record clip

1045 days ago

Still not many short-sellers in US stocks out there

Short interest in US stocks remains near a two-decade low, making the market vulnerable to downside gaps.

#Stocks
Still not many short-sellers in US stocks out there

1045 days ago

BoA upgrades Teledyne Tech to buy rating (PO:$500)

Teledyne is a specialized industrial company that makes sensors and transmitters. Revenues are of $3.1B a year. The firm is a specialized industrial firm doubling down on Imaging technology--digital imaging is set to swell revenues and represent 60% of sales. Over the past five years operation margins have grown 437bps and with the FLIR acquisition could reach 20%. TDY's EPS grew at a 14% CAGR since 2015.

#Stocks

1045 days ago

Peloton investing $400M to build manufacturing facility in Ohio

In the quarter ended March 31 Peloton saw revenues surge 141% to $1.26B from half a billion last year. Like we've notice before, Peloton is not short on cash. Sales this quarter should be equivalent to $915M despite share price falling yesterday slightly, and despite a 35% drop YTD. 

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