Tuesday, December 6, 2016

Euro banks

(by market cap)                        
      Ticker           Company name    Mkt Cap

  • HSBC  
HSBC Holdings       
  • SAN       
Banco Santander
  • UBS    
UBS Group
  • ING      
ING Groep
  • LYG   
Lloyds Banking Group
  • BCS
  • BBVA
Banco Bilbao Vizcaya Argentaria
Societe Generale   
  • RBS
Royal Bank of Scotland
  • CS
Credit Suisse   
  • DB
Deutsche Bank

(Updated 12/6/16)

Tuesday, September 13, 2016

Market update: Market volatility picks up (13 Sept 2016)

Market volatility has picked up after more than 40 consecutive days of below 1% daily moves.


Sunday, September 4, 2016

Company profiles

Market update: The technology sector (XLK)

The technology sector (XLK) has been very strong on a relative basis since the middle of 2013 and just recently that relative strength reappeared. Check out the longer-term absolute performance of the XLK and how it's performed relative to the S&P 500:

From the price low in the summer of 2011, the XLK has been performing very well.  But it didn't began outperforming the S&P 500 until July 2013 and that relative outperformance is shown above with the blue line.  There have been several industry groups within technology that have helped lead the group at various times, but currently that leadership role certainly belongs to semiconductors.

Wednesday, August 17, 2016

Market update: FOMC minutes from the July meeting.

A joint meeting of the Federal Open Market Committee and the Board of Governors was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, July 26, and on Wednesday, July 27, 2016.

  • Stocks finished slightly higher today after the FOMC minutes showed a Fed divided over whether to hike interest rates.

  • Traders interpreted the minutes from the July 26-27 FOMC meeting to be slightly dovish. The meeting occurred before the release of a slew of U.S. economic data (Q2 GDP, July jobs report, July retail sales, PPI, CPI, industrial production, housing starts, etc.), so the fact that members generally wanted to see more data before hiking rates again is less relevant than it otherwise might be. New York Fed President William Dudley (FOMC voter) will give a press conference on Thursday morning and Fed Chair Yellen speaks at Jackson Hole on August 26.

    Nest day, Thur 8/18/16:

    SPY daily

    SPY weekly

    Sunday, July 31, 2016

    Company profile: Kroger (KR)

    The Kroger Co. (KR) is the world’s largest supermarket chain with more than 2,700 stores in 35 states. The company has done well merging with other grocery retailers such as the Harris Teeter merger in 2014 and has made great strides towards becoming best in breed for the grocery industry.
    • HQ: Cincinnati, Ohio 
    • Grocery store chain operates its namesake brand, as well as  Ralph’s, Fred Meyer, Food 4 Less and other branded grocery chains.
    • Shares of Kroger have doubled over the past three years, while the S&P 500 has risen just 26%.
    • Market cap: $31 billion
    • Projected to see revenue rise 5.5% to $34.88 billion.
    • Offers investors a 1.5% dividend yield helping protect from downside movement.

    The supermarket industry in on the verge of a major shift thanks to Internet of Things (IoT) and Kroger is ideally positioned to take advantage. The company is already known for incorporating new technologies into its business plan being the first grocer to test an electronic scanner. But it's not just technology that Kroger is adapting to - it's changing consumer preferences.

    KR monthly (click for live chart)

    Americans, Millenials in particular, are demanding more authentic food options preferring fresh and organic to cheap and manufactured. Supermarkets like Whole Foods are becoming more popular and Kroger has already identified this change and is quickly becoming the grocer of choice for consumers who are looking for a more upscale selection.

    Kroger continues to expand its Simple Truth natural and organic foods line, which as of late 2015 accounted for $11 billion in revenue. It’s trying to counter intense competition in recent years from Whole Foods Market (WFM), Sprouts Farmers Market (SFM) and others catering to the consumer trend toward fresher, more natural foods.

    Whole Foods Market in June 2015 debuted the 365 by Whole Foods Market store concept, which involves smaller, value-oriented stores targeting millennials.

    On May 25, Whole Foods opened its latest 365 store, a 28,000-square-foot outlet in the Silver Lake area of Los Angeles. It plans to open 10 more by the end of 2017. Also last month, Kroger launched My 365, a digital loyalty program that gives customers up to 10% discounts.

    ©Artremis / Eva Sawicka (10/16)

    Friday, July 1, 2016

    Electric cars : BMW iNext

    Mobileye (MBLY) and Intel (INTC) are providing technology that BMW (BAMXY) will use in a fleet of self-driving cars it plans to introduce in 2021, the companies announced on 1 July 2016.

    BMW said it will use Mobileye and Intel technology for "highly and fully automated driving" in the BMW iNext, an all-electric vehicle. It will be the foundation for BMW Group's autonomous driving strategy and set the basis for fleets of fully autonomous vehicles "for the purpose of automated ride-sharing solutions," the announcement said.

    BMW initially announced the iNext at its annual shareholder meeting in May. CEO Harald Krueger told shareholders the iNext will be the company's "new innovation driver, with autonomous driving, digital connectivity, intelligent lightweight design, a totally new interior and ultimately bringing the next generation of electro-mobility to the road."

    "Today marks an important milestone for the automotive industry as we enter a world of new mobility," Mobileye Chairman Amnon Shashua said in the companies' press release. "Together with BMW Group and Intel, Mobileye is laying the groundwork for the technology of future mobility that enables fully autonomous driving to become a reality within the next few years."

    He said Mobileye will provide its "expertise in sensing, localization and driver policy to enable fully autonomous driving in this cooperation."

    Intel said it will provide "a broad set of in-vehicle and cloud computing, connectivity, safety and security, and machine-learning assets to this collaboration, enabling a truly end-to-end solution."

    Apple is rumored to be developing autonomous car technology. Apple hasn't confirmed those reports, but it recently invested $1 billion in Didi Chuxing, a ride-hailing service competing with Uber in China. Analysts theorize that its $1 billion investment in Didi is seen as part of those plans.