Friday, 12 February 2016

The last week on Financial Orbit

Well that was a volatile last week - and in keeping with such fluctuating movements just as a global index bear market was called after the US market closed on Thursday...a big up day (outside of Japan) resulted on Friday.

Financial Orbit Macro chronicled every business day morning the evolving macroeconomic scene. My favourite charts of the week?  Probably the two below highlighting value on a price: book basis versus history...
(h/t @callum_thomas)

...but are investors optimistic about prospects?  Actually...not at all: 

(h/t @MktOutperform)

Add onto this big fluctuations in the Japanese yen, fear in the financial sector, the world's leading central banker in an extended question and answer session and a rampant gold price equated to fascinating times as covered by Financial Orbit Macro

The last week or so has been a very heavy corporate results period with multiple numbers and related updates for Financial Orbit Stocks to appraise.  Among the stocks and themes covered in the once a business day updates on the two Financial Orbit preferred lists included:
  • 'mention of today’s excellent Randgold Resources numbers'
  • 'updates from Nokia and Thomas Cook are worth reviewing.  Additionally some insights for BHP Billiton from Rio Tinto numbers and thoughts on AP Moeller-Maersk whose results I wrote up yesterday'
  • 'update thoughts on Randgold Resources, LafargeHolcim, UBS, Thomas Cook, Nokia and Barclays among other names'

Finally Financial Orbit Immediate also covered the global earnings season generally outside the range of my preferred stocks.  A selection of the topics written up is below - what a busy week!
  • Thoughts from the Rio Tinto earnings which are out today.
  • the annual BP Energy Outlook to 2035. 
  • A write-up of three US corporates that reported: Interpublic, ITT and Davita Healthcare
  • views on the results from Disney after hours yesterday
  • views on the results earlier today from Coca-Cola
  • A few quick thoughts on two consumer (PepsiCo and Kellogg’s) and two agricultural sector (Bunge and Mosaic) names. 
  • A write-up of the Rolls Royce full year numbers today…a company which has had prior to today 5 profit warnings in around a 2 year period.  

If you would like to receive any of the above reports or join any of the above mailing lists then contact me (or read more here or at the tab above). 

Chris Bailey
Founder, Financial Orbit
Twitter: @financial_orbit

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