Tag Archives: Walt Disney Stocks

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Recent Improvements In U.S. Trade Deficit But Will It Last?

Here’s today’s ‘Just A Minute’ bringing you a 60 second summary of what’s happening in the financial markets:

Main Trading Event Of The Day: U.S. Trade Balance @ 12.30 GMT

WHAT WE’RE WATCHING TODAY

Recent Improvements In U.S. Trade Deficit But Will It Last?

The U.S. trade deficit is expected to narrow to $40.1 billion from USD42.3bn in February which was its highest level in five months due to lower demand for American exports. U.S. exports plunged 1.1% to $190.4 billion as sales of commercial aircraft, computers and farm goods fell. Imports climbed 0.4% to $232.7 billion, mainly autos and clothing. The increase in deficit caused some economists to reduce their estimate for overall economic growth for the January-March quarter. However analysts believe deficit will shrink this year with the help of exports. We should be aware, however, that the key factor in the recent improvements has been the reduction in US net energy imports which is now at the lowest level in 20 years. Whilst recent improvements in the current account balance have been encouraging, in order to be sustainable, trade in non-petroleum goods will need to mirror trade dynamics elsewhere. With the recent weakness in the sector, this could be a tall order. Looking further out, an aging population drawing on pension funds and private nest eggs means further downward pressure on savings relative to consumption which suggests the current account may struggle to hold on to any gains.

Gold Pushes Higher As Ukraine Fighting Boosts Safe-Haven Appeal

Tensions in Ukraine and uncertainty in equities markets in the U.S. combined to lift gold’s safe-haven appeal which extended its run above three-week highs during Tuesday’s trading session. The Ukrainian situation is expected to continue to dominate and provide an element of support going into May, despite the current weakness that greeted the latest round of sanctions. The crisis is likely to get worse before it gets better, benefiting markets as gold, the dollar, the yen and U.S. Treasury’s at the expense of the euro and equities. Spot gold was little changed at $1,308.96 an ounce after gaining 2 percent in the last two sessions. On Monday, gold climbed to $1,315.60, its highest since April 15. Worsening tension in Ukraine is likely to see prices going higher from here but strong resistance is likely to be found at $1,317 according to analysts. Traders said they expect volatility in prices as the Ukraine situation develops, and that sentiment continues to be fragile due to outflows from gold funds. Gold is usually in demand as a safe-haven bet during times of political and economic uncertainty.

dollar gold

Stocks To Watch: Will Disney Earnings Ever Freeze?

Among the companies whose shares are expected to see active trade in today’s session is Walt Disney Co. which is projected to report second-quarter earnings of 96 cents a share. Investors have high expectations for Disney’s earnings growth. In recent months, investors have become even more bullish about Disney earnings, boosting their views on first-quarter earnings by $0.02 per share. The stock has climbed by 11% since late January. Much of the gain in Disney stock came from its fiscal first-quarter earnings. Disney net income jumped 33%, and adjusted earnings per share topped what investors had expected to see by $0.12 per share. The unexpected extent of the movie Frozen’s blockbuster success surprised the company and its shareholders, creating a worldwide phenomenon that included unparalleled demand for merchandise related to the movie.

That sums up today’s highlights! We hope you have a profitable day on the markets.

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Just A Minute!

Here’s today’s ‘Just A Minute’ bringing you a 60 second summary of what’s happening in the markets:

Main Trading Events Of The Day: USD New Home Sales @ 15.00 GMT

WHAT WE’RE WATCHING TODAY

New Home Sales Seen Declining For Third Month As Gold Holds Near 4-Month High

Weaker than expected data is being reported almost everywhere. New home sales likely declined 2.2% to a 405K rate in January, slumping for the third month in a row. The forecast for a decline in the pace of new home sales in January is based on declines in both starts and permits issued for new single-family homes during the month. Poor weather conditions appear to have negatively impacted residential construction activity and made it tough to pick out underlying trends for the housing market, as indicated in recent surveys from the National Association of Homebuilders’ Housing Market Index. A new study released today by the Demand Institute showed that the U.S. housing sector is likely to experience an uneven recovery over the next five years, with some local markets bouncing back faster than others. As the U.S. economy strengthens and employment rises, potential buyers will find entry into the market easier. However, the group also predicted that about 4 million households will fail to realise their current purchasing aspirations. The main driver of demand in the next five years is predicted to be the formation of new households.

new homes

Meanwhile, gold on Wednesday hovered close to a four-month high hit the day before as data raised questions about the strength of the U.S. economy, burnishing gold’s safe-haven appeal. Investors have poured back into the metal on worries about economic conditions in the United States and also China, which is now dealing with unprecedented growth in company debt. Gold eased 0.13 percent to $1,338.41 after rising to its strongest since October at $1,343.40 an ounce in its fourth day of gains. Despite recent gains, gold is still well below an all time high around $1,920 struck in 2011.

Do Emerging Markets Now Offer Good Value?

After months of fund outflows, analysts believe that emerging markets offer solid value. Emerging markets have been beaten up a lot recently and have consequently seen a brutal sell-off this year after sharp falls in the value of the Argentine peso, Turkish lira, South African rand and Brazilian real triggered panic selling across the asset class. Analysts largely blame the turbulence on the Federal Reserve’s move to begin tapering its asset purchases. Funds have flowed out of emerging market equity funds for 13 consecutive weeks with a total $18.76 billion exiting the segment so far this year. But while concerns about tapering and the potential for higher interest rates have decked emerging market assets, not everyone is certain this will hurt economies. Kelvin Tay from UBS Wealth Management believes instead, that the Fed’s easy money policy spurred a lot of borrowing by companies in Asia and Latin America, adding that if the rates go up gradually, he did not see a risk to the systems here or in Latin America - only if the rates were to go up very sharply would there be a problem. Analysts are selective on which emerging markets to play, preferring the Asian region and tipping South Korea and China as value plays.

Disney Starts Online Movie Service in ITunes Alliance

Walt Disney Co. has started an online movie service, Disney Movies Anywhere, with Apple Inc. iTunes to increase sales of films such as “Toy Story” that can be stored in Web-based accounts. Movies can be played on Apple’s iPad, iPhone and iPod Touch, as well as through the Internet. Users will be able to link to iTunes and import films they’ve previously purchased there to Disney Movies Anywhere accounts. The service cements a longstanding TV and film alliance between Disney, the world’s largest entertainment company, and Apple. Analysts have said that “Disney Movies Anywhere” could stabilise Disney’s home-entertainment business, which has experienced lower results for five consecutive years and recommend buying Disney stock. Disney fell 0.6 percent to $80.21 at the close in New York. The shares have advanced 5 percent in 2014.

disney

That sums up Wednesday’s highlights! We hope you have a profitable day on the markets.

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Just A Minute!

Welcome to Wednesday’s ‘Just A Minute’. Here’s a 60 second summary what’s happening in the markets today:

  • Main trading events of the day: U.S. ADP Non-Farm Employment Change @ 08.15, CAD Building Permits m/m @ 08.30 & @ U.S. ISM Non-Manufacturing PMI @10.00 GMT
  • Stocks to watch: GlaxoSmithKline PLC, Twitter Inc, Walt Disney Company
  • Trader Tip For The Day: Watch Twitter & Walt Disney prices as earnings releases are expected today

What We’re Watching Today: Stock Markets

A big earnings day today as Twitter is due to post its first quarter report. Most analysts remain cautious on the stock, which some see as overvalued. We’re also still keeping an eye on the S&P and emerging stocks. U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding following the biggest drop since June and added 0.8 percent. Turkey’s lira led gains among emerging-market currencies but overall, a gauge of stocks in developing nations extended its worst-ever start to a year.

Today’s Headline:

Emerging Markets Turmoil Sparks Credit Crunch Fears

Very much in the news right now, we continue to monitor the activities of emerging markets and possible economic repercussions. As economic growth slows in Brazil, India and China, there are fears that capital outflows out of these countries could be the first signs of a credit crunch — and the third stage of the global financial crisis after the U.S. subprime rout and the euro zone’s debt woes. lberto Gallo, who heads European macroeconomic credit research at RBS, said the outflows were indicators that two major emerging market economies, Brazil and China, were already in the early stages of a credit crunch. Banks create a credit crunch when they become more cautious to lend out and push up the cost of borrowing, making it harder and harder for companies to borrow to grow their businesses. A credit crunch is normally a sure sign a country’s economy is heading into stormy waters. Some analysts are even referring to the current emerging market turmoil as the “third leg” of the global financial crisis that struck in 2007.

BRIC flags

Tech:

Google Wallet

Here’s an interesting one for our app fans. While Google Wallet has allowed you to store physical loyalty cards inside its app for some time, having to type in a long series of numbers tended to discourage people from adding them. An update that rolls out on iOS today (and on Android last week) uses your smartphone’s camera to take a picture of the barcode and then adds the loyalty card to your digital wallet. The app can also alert you via push notification when you pass by a store where you have enrolled in the loyalty program. Given how often people abandon their loyalty programs, it could also help people get the rewards they dreamed of getting when they first signed up for a card. Google Wallet has until now been a troubled product but today’s updates make it far more useful. Keep an eye on Google prices today (when don’t we!)

That sums up Wednesday’s highlights! Remember, watch for those important earnings announcements today and keep in touch with us on Facebook, Google+ & Twitter for all the latest news, information, tips and more! Trade with the experts and become a superior trader!

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