In today’s briefing:
- EQD | S&P500 E-Mini (ES) DAILY SHORT, Speculative High-Probability Trade
- Colgate-Palmolive: The Only Game In Town
- Marsh & McLennan Companies: Expanding Their Business with Acquisitions & Other Drivers
EQD | S&P500 E-Mini (ES) DAILY SHORT, Speculative High-Probability Trade
- The S&P500 E-Mini (ES) is approaching a DAILY resistance level at a point in time where it could perform a quick reversal – a SHORT trade opportunity.
- Watch the 4483-4525 price area, today is the 3rd consecutive day up, the reversal could begin in that area, today or tomorrow.
- The probability for a quick reversal, after 3 days up, in the 4483-4525 price area, is between 67% to 79%, depending on the resistance levels reached.
Colgate-Palmolive: The Only Game In Town
- Colgate-Palmolive’s share price performance over the past few years is not as grim as it might look on the surface.
- Improving gross margin remains the only game in town for future shareholder returns, according to the company.
- Colgate-Palmolive Company (NYSE:CL) is rarely seen as an attractive investment opportunity as the company significantly underperformed the S&P 500 and the consumer staples sector in particular over the past 5-year period.
Marsh & McLennan Companies: Expanding Their Business with Acquisitions & Other Drivers
- Marsh & McLennan managed to surpass the revenue expectations as well as the earnings expectations of Wall Street.
- The company had significant growth in most of its businesses, market sectors, and geographical areas, with Marsh, Guy Carpenter, and Mercer all experiencing faster underlying growth than in the previous quarter.
- Guy Carpenter’s revenue was $1.1 billion, driven by solid growth in all areas and worldwide specializations, reflecting tighter reinsurance market conditions.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
