Stock Market Today


 

Below is a list of the 40 largest companies set to report earnings this week. Tesla (TSLA) and Time Warner (TWX) are the two key names to watch on Wednesday, and then there really aren’t any mega-cap companies reporting on Thursday or Friday that will draw a significant amount of coverage.

AAPL Apple companies earnings estimates report Sanofi SNY Tesla TSLA

 

The Securities Appellate Tribunal (SAT) on Friday upheld regulator Sebi's order cancelling the registration of Mutual Fund, saying the latter no longer met the 'fit and proper' criterion for this business.

In 2015, the Securities and Exchange Board of India (Sebi) had passed an order against India Financial Corporation and Asset Management Company, declaring them not 'fit and proper'.

fit fund India key ordered proper regulator Sebi Securities Tribunal

 

Teck (NYSE:TECK) is engaged in the extraction, processing, and sale of basic materials. The largest diversified resource company in Canada, it was formed as a result of the merger of Teck and Cominco in 2001.

Canada dollar financial growth materials metals mining NYSE resource TECk

 

A glance at AMD earnings.

AMD (AMD) posted very nice numbers and beat expectations (as we suspected they would) due to the worldwide demand for GPUs and Ryzen.

AMD call Goldman GPU market options put Ryzen stock Vega

 

NEW DELHI: Regulator Sebi today said it will undertake a comprehensive review of technology and systems at all market institutions including stock exchanges to safeguard the marketplace from cyber threats and technical glitches At a meeting held against the backdrop of the recent case of technical glitch at leading bourse NSE , due to which trading had to be halted for over three hours on July 10, Sebi chief Ajay Tyagi also asked the exchanges and other institutions to keep a constant vigil on cyber threats globally and take lessons to put in place necessary safeguards.As for the technical glitch, the NSE informed the regulator that based on internal assessment, processes are being strengthened to further reduce the response time for recovery and also adoption of automated processes. Recently, a slew of dreaded ransomware attacks like WannaCry and Petya had impacted the computer systems worldwide.

cyber exchanges glitch institutions regulator safeguard Sebi Systems Technical threats

 

A valuation of the current portfolio and recent investment from Biotech Value Fund suggest that the market is significantly undervaluing XOMA’s assets. From this XOMA currently has a portfolio of 27 programs that are being actively developed by external companies.

future Ligand million portfolio potential product programs stock strategy XOMA

 

As Trump weighs firing one or both of Attorney General Jeff Sessions and special counsel Robert Mueller, a pair of GOP senators ...

Attorney counsel firing General Jeff Robert Sessions special Trump weighs

 

OMAB has rallied sharply off the lows, but the run is hardly over yet.

My first venture into the Mexican airports came last spring with Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB), which I called seemingly overvalued but still worth buying at $47/share.

airport growth market Mexican Mexico OMAB stock traffic Trump year

 

After a series of new all-time highs – at which point we really can’t draw a Fibonacci Grid to target pullbacks – we ARE seeing a decent pullback today to a key “first Fibonacci” target.

Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.

all bull draw Fibonacci Grid highs pivot pullback time trade

 

One positive factoid, seats are still increasing, at least part of the underlying growth mechanics are still there. But some warning lights might have gone off already as it was also below the EPS of last year's quarter, which came in at $0.54.

adjustment earnings growth market miss non GAAP Q2 quarter Revenue stock

 

GDP Bounce as Expected, Spending Jumps [0.08]

Posted on July 28, 2017, 3:31 p.m. by MishTalk @ [source]

The consensus opinion got GDP right this month for the first time in three quarters. The FRBNY Nowcast predicted 2.04% overall, but that report has no breakdown so we do not know where or by how much they got things wrong.

estimate GDP GDPNow initial PAT quarter report revised revision rose

 

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acquire Agreement Briefing changed com extensive licensing Reader rights Terms

 

The brutes who allegedly dragged a shark behind a speedboat apparently documented other vile stunts with ocean wildlife — including posing for a picture while pouring beer into the mouth of a grouper.

allegedly apparently brutes documented dragged Ocean shark speedboat stunts vile

 

Oil ETFs saw massive gains this week among the world of ETFs we track daily, with USO and DBO up almost 9% and 7%, respectively.

Bespoke provides Bespoke Premium and Bespoke Institutional members with a daily ETF Trends report that highlights proprietary trend and timing scores for more than 200 widely followed ETFs across all asset classes.

Bespoke ETF gains massive oil Premium report top track Trend

 

Q2 GDP +2.6 [0.06]

Posted on July 28, 2017, 3:22 p.m. by Crossing Wall Street @ [source]

The government gave its first report on second-quarter GDP this morning.

The government will update this figure next month, and again in September.

annualized economy expansion figures gave GDP government morning update years

 

Sebi asks exchanges to keep vigil on cyber threats [0.14]

Posted on July 28, 2017, 3:21 p.m. by Markets @ [source]

The regulator advised exchanges and other infrastructure institutions (MIIs) to have a collaborative approach in dealing with technological challenges including cyber threats.

The meeting was called following the technical glitch faced by NSE earlier this month.

advised collaborative Exchange glitch infrastructure institutions meeting MIIs NSE regulator

 

The father of the victim told ABC News he "would like to know why it happened if it was supposed to be safe and inspected by everyone" as officials investigate why the fair's Fire Ball ride broke apart mid-air.

ABC father happened inspected news officials safe supposed told victim

 

Gasps filled the Senate when John McCain voted against his own party’s bill to repeal and replace Obamacare. Here is why the Republican Senator decided not to back the GOP’s ‘skinny’ health care bill.

Bill filled Gasps John McCain party repeal replace Senate voted

 

An argument over a parking job in a Walmart lot turned ugly when a white woman threatened three Somalian girls. The enraged woman can be seen on camera saying, "We’re gonna kill all of ya.

argument job parking Somalian threatened turned ugly Walmart White woman

 

Q2 GDP: Investment [-0.04]

Posted on July 28, 2017, 3:12 p.m. by Calculated Risk @ [source]

First, the BEA released revisions of GDP data from 2014 through Q1 2017.

The first graph below shows the contribution to GDP from residential investment, equipment and software, and nonresidential structures (3 quarter trailing average).

equipment GDP investment non nonresidential released residential residential investment RI structure