Wells Fargo’s stock has gained approximately 7% YTD as compared to the 5% drop in the S&P500 index over the same period. Further, at its current price of $51 per share, it is trading 16% below its fair value of $61 – Trefis’ estimate for Wells Fargo’s valuation. The mortgage banking giant posted... more...
"One key data marker is March retail sales early Wednesday. So far this year, this benchmark has delivered mixed results, but traditional brick and mortar stocks have done well. In February, retail sales fell 0.1%.""There’s also the Producer Price Index on Wednesday morning, and the Consumer Price Index on Thursday. Both PPI and CPI fell in February, but core CPI, which excludes volatile food and energy components, rose in both January and ...
Germany’s Deutsche Bank dodged over $100 million in federal taxes, according to allegations in a lawsuit filed by the U.S. Attorney’s office in the Southern District of New York Monday afternoon. “Through fraudulent conveyances involving shell companies, Deutsche Bank tried to make its potential tax liabilities disappear. This was nothing more than a shell game,” said Manhattan U.S. Attorney Preet Bharara. The lawsuit alleges ...
PolyFit Derivative ---------- PolyFitDerivative_v3 indicator was created for Premium Trading Forum. This is the most advanced MTF indicator with a lot of useful options: ability to pre-smooth the data and to plot the signal line with using of 25 types of MAsability to build the Overboug/Oversold tevels using 4 ways: Standard Deviation Channel, Fractal Zone, High/Low Channel, Dynamic Zone. ...
Ocean Theory Tools ---------- UniNMA_v1 indicator and UniNMA lookback_v1 indicator were created for Premium Trading Forum. UniNMA or Universal Natural Moving Average is using the UniEMA instead of the EMA, and this is an adaptive moving average with an original algoritm of the lookback period calculation. All kinds of alert incl email alert are included. ---------- ...