Definitely thin liquidity but European stocks in demand again with record highs on the Dax.. EURGBP strong support at 0.8330. Yen weakness continues. ACB demand for EURUSD as ever. General USD weakness.
Take your pick of reasons !
Stop loss buying reported above 1.3810 then more offers at 1.3830-50
Currently 1.3797
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LRCX surges 86.6% on strong margins & ROIC, but trades at 39.7x P/E. Is it too frothy?
SLB's 53% rally to $55.78 is tempered by weak margins & 19.8x P/E. Analysts prefer other plays.
Industrial REITs beat S&P 500 since '94 (13.5% vs 12.3%), offering dividends & lower volatility.
Ford's Bronco sales surge 33.7%, topping Wrangler. High-margin lifestyle vehicle, but affordability concerns loom.
FFIN lags S&P 500 with 2.4% return, 4.7% EPS growth, and 2.1x forward P/B valuation.
OXY & ASC surge on earnings, but risks remain. ASC's P/E < 5, OXY's < 11. Dividends boost returns.
RDDT's 19.6% drop vs S&P's 10% gain. Trades at 19.4x EV/EBITDA. Is it a buy?
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