Shayne Heffernan

Hollywood Stocks to Rally on Earnings DIS, TWX, LGF

Walt Disney (NYSE:DIS), Time Warner (NYSE:TWX), Lions Gate Entertainment (NYSE:LGF) Hollywood is back this week with some strong financial performances expected. Time Warner (NYSE:TWX), owner of Warner Bros. movie studio Heffernan Capital Management expect to outperform the 2010 earnings on Feb. 8. We expect Time Warner (NYSE:TWX)to post a 33% jump in earnings per share [...]

Shayne Heffernan Global Market Outlook

Shayne Heffernan Global Market Outlook “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.” Warren Buffett has said, and this week that is good advice. On the markets I suggest some caution, markets have seen a long rally and the posibility or Euro non-sense hitting [...]

Walt Disney NYSE:DIS Earnings Preview

Walt Disney (NYSE:DIS) Started 2012 with a hit, the Muppet movie franchise, Heffernan Capital Management expect Disney to report solid first-quarter earnings Feb. 7. The Muppet movie franchise brought in $29.5 million over the three-day Thanksgiving weekend and garnered about $110 million in worldwide sales since its release. Heffernan Capital Management are expecting Disney to [...]

US Major Markets: Support and Resistance

DJIA close: 12,705.41 Resistance 12,754 the July 2011 intra-day high 12,876 the May 2011 high 13,058 the May 2008 high Support 12,391 the February 2011 high The 50-Day EMA: 12,308 12,284 the October 2011 high 12,258 the December 2011 high 12,110 the March 2007 closing low 12,094 the April 2011 low The 200-Day SMA at [...]

On the Economic Front in the USA

On the Economic Front in the USA February 7th Tuesday Consumer Credit, December (15:00): $8.5-B expected, $20.4-B past February 8th Wednesday MBA Mortgage Index, 02/04 (7:00): -2.9% past Crude Oil Inventories, 02/04 (10:30): 4.175-M past February 9th Thursday Initial Claims, 02/04 (8:30): 370-K expected, 367-K past Continuing Claims, 01/28 (8:30): 3475-K expected, 3437-K past Wholesale [...]

US Major Market Sentiment: the Bulls vs. Bears

US Major Market Sentiment: the Bulls vs. Bears Sentiment Indicators Watching the VIX. the VIX has fallen to 17 from 30 back in December. The VIX sold as the market rallied as expected. It is down here and it is not signaling a sell-off. Remember correlation? Now there is none. So it can move further [...]

Paul Ebeling on Asian Markets

Asian investors will be focused Chinese consumer price data this week to gauge the likelihood of more monetary policy easing from Beijing. Economists widely expect the data, due on Thursday, to show Chinese consumer prices moderated to grow at around 4% in January on an annual basis. That would represent an easing from the 4.1% [...]

Trouble Looms for South Africa Mining

ANC Study said to propose South Africa mine Resource-Rent Tax A study into mine nationalization ordered by South Africa?s ruling African National Congress proposes a 50% resource-rent tax rather than taking over operations, a party official who has seen the document said Saturday. Previous ANC discussion documents defined resource-rent taxes as a levy triggered once [...]

China Economic Outlook Update

China’s economy to expand 8.1% this year, and up to 8.7% in 2013 China’s economic growth will decelerate to around 8.1% this year and edge up to 8.7% in Y 2013, Stephen Green, economist with Standard Chartered Bank (China), said Saturday. He said in an interview that China’s manufacturing activity is far from optimistic despite [...]

EUR/USD Trading

Despite intra-day brief bounce to 1.3206, as the single currency has       retreated after faltering below resistance at 1.3219 in part due to       dollar?s broad-based strength after the release of better-than-expected       NFP, retaining our view that further choppy consolidation would take place       and weakness to 1.3050 cannot be ruled out, however, only break of this       week?s [...]