ASML’s Q2 Earnings and Sales Beat the Estimate, But the Stock is Down 10%: Should You Sell?
ASML (ASML) reported second-quarter earnings that surpassed Wall Street’s expectations on both the top and bottom lines and yet, the market responded by sending shares 10% lower. The Dutch semiconductor manufacturer saw a surge in demand for the quarter, beating its original forecast and culminating in the following results: Sales: $6.79 billion vs $6.53 billion consensus. Earnings: $4.36 a [...]
The Current Trends and Price Drivers of Crude Oil – and Their Economic Implications
At the time of writing, the crude oil market - like many other markets around it - is highly volatile thanks to the uncertain economic backdrop within which we currently live. At the moment, the world is characterized by a number of short term influences that are impacting the prices of many asset classes - oil being no exception. [...]
Activist Investor Takes 6.5% Stake in Tinder Parent Company – Should You Buy MTCH Too?
Shares of the Tinder parent company, Match Group Inc. (MTCH) are up after hedge fund Starboard Value took a massive stake in the company, over 6.5% to be exact. The stock climbed 9% in extended trading yesterday and picked up where it left off this morning, resulting in a 14% gain on the week so far. Starboard Value was [...]
Goldman Sachs’ Earnings Beat Fueled By Uptick in Fixed Income Trading: 3 Other Reasons to Buy GS
Goldman Sachs (GS) reported its second-quarter earnings Monday morning, sending shares higher on the heels of earnings and revenue beats. The company benefited from an increase to fixed income trading along with lower loan loss provisions than originally anticipated. Here are the Q2 results along with the analyst estimates: Earnings: $8.62/share vs $8.34/share expected. Revenue: $12.73 billion vs $12.46 [...]
Weekly Market Recap: Navigating Economic Signals and Corporate Earnings
Monday: The trading week began on a cautious note with mixed market performance as investors braced for Federal Reserve Chair Jerome Powell's upcoming testimony to Congress. The Dow slightly declined by 0.1%, while the S&P 500 edged up by 0.1%, and the Nasdaq saw a modest increase of 0.3%. Tuesday: Markets continued to display mixed reactions as Jerome Powell [...]
THE VECTORVEST INVESTOR COMMUNITY
Written by: Angela Akers As it relates to investors, community is defined as “a body of persons of common and especially professional interests scattered through a larger society,” ie. the investment community. In the late 90s, Dr. DiLiddo started and ran the first VectorVest User Group here in the Northeast Ohio area. The purpose, of course, was to teach [...]
