Tuesday, 27 January 2015

Financial Orbit wrap 27/01/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 hours across the website, twitter account and anything else thought about...

1. In hindsight not the greatest start to what turned out to be a downward volatile day...

Chinese Industrial Profits (Dec) Y/Y -8.0% vs. Prev. -4.2%; biggest fall on record....StatsBureau blames HIGHER COSTS & LOWER PRICES



2. So earnings were generally shabby with a mixed bag from names like Philips and Siemens in Europe...and then the US got very messy.  United Technologies complained about the impact of the strong US dollar...

3.  ...as did P&G (even if it did retain options for the income investor).  


4. Meanwhile the signalling from Caterpillar was just plain poor (but I covered some of my short with the share kicking around 3 year lows): 


5. A billion-and-one other numbers too...with the Microsoft shocker worthy of note.  An Alibaba spin-off appears to be helping Yahoo and meanwhile with Apple:

Apple logs fiscal Q1 profits of $3.06 a share, zooming by views of $2.61. Sales of $74.6B easily beat estimates of $67.5B

Volatility is the only conclusion (good and bad)...

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