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Tag: bullish

The way stocks are gliding higher could be a bullish sign for the year

The way stocks are gliding higher could be a bullish sign for the year

Finance
Compared to the rough ride down, stocks have much more quietly and gently recovered more than 13 percent of their losses from the Christmas Eve low. That's good news for bullish investors, who expect that the turbulent Christmas lows marked the bottom of the rout that took the S&P 500 down 20 percent on an intraday basis. The S&P 500 Friday closed out a fourth week of gains and was up 13.6 percent from the Christmas Eve close. "It's a grind higher, but I think that's classic. The market takes the stairs up and elevator down. The elevator was a horror show in December. The market is just grinding its way back," said Ar...
Bullish on natural gas, Shell announces new North Sea investment

Bullish on natural gas, Shell announces new North Sea investment

Business
Oct. 10 (UPI) -- Shell United Kingdom Ltd. announced on Wednesday an investment decision in the North Sea to develop a gas field, just a day after Royal Dutch Shell CEO said the group was bullish regarding expectations of natural gas demand growth. The company announced a "final investment decision for the Arran gas and condensate field" and said that it will become the operator of the project, in partnership with Rockrose Energy and Dyas U.K. Ltd. This is the fourth investment announcement by the company in the North Sea in 2018 "which will result in further production growth for Shell following the decision to redevelop the Penguins field in the northern North Sea, the Alligin field West of Shetland and the Fram field in the Central North Sea." At peak production, the area will produce ...
Boeing Q4 Earnings: Stock Price Soars On Bullish 2018 Outlook

Boeing Q4 Earnings: Stock Price Soars On Bullish 2018 Outlook

Finance
Shutterstock photoThe stellar earnings, this time around, proves that the slump that plagued Boeing ( BA ) through most of FY 2016 and FY 2017 has finally reversed. The company posted an adjusted EPS of about $ 4.80 buoyed by the tax cut, representing a near 94% increase year over year. Additionally, the airplane manufacturer managed to post revenues to tune of $ 25.37 billion, up by almost 9% year over year. Revenues were spurred on by a significant improvement in commercial and defense revenues. As of writing this article, Boeing's stock price is up close to 5%.The graphs below were made using Trefis Dashboards.Additionally, the company has gone on to give a very bullish outlook for 2018. For the full year, it expects earnings to rise to the range of $ 13.80-$ 14, while r...
Stock market investors with more than $1 million have reached a bullish peak

Stock market investors with more than $1 million have reached a bullish peak

Finance
By one closely watched measure of valuation, Alan Greenspan's irrational exuberance warning should be keeping investors near the sell button. But as the Dow Jones Industrial Average passes the 23,500 mark, there is no fear among investors with a million dollars or more in the market. New survey results show they are as confident in the U.S. economy and stocks as they have been at any point this year, with 74 percent of million-dollar market accounts bullish on the fourth quarter, up from 61 percent who were bullish in the prior quarter. Even as some readings show a wide gap between the bulls and bears — the biggest gap between market optimists and pessimists since Black Monday — the bullish mood is most pronounced among older million-dollar investors, who have been around for more than a f