@jinglese:$Secoo(SECO)$ Secoo Group (NASDAQ: SECOO), Asia's leading online and offline boutique lifestyle platform, today announced that Secoo Group and Jinan Shanzaicheng Development Co., Ltd. (hereinafter referred to as "Shanzaicheng Company"), a subsidiary of Shandong Mingshui Guokai Development Group Co., Ltd. (hereinafter referred to as "Guokai Group"), have reached a deep cooperation. Both parties will invest their own superior resources in the luxury goods supply chain, international trade, Jinan and Shandong regional market development Cooperate in the operation and consumption upgrading of physical stores to achieve industrial expansion and upgrading and win-win results for both sides. In this cooperation, Shanzaicheng is expected to invest a
@Ultrahisham:CPI data day It is CPI day again when the FOMC gets to see if their medicine is working! As usual, everyone is waiting for the results as well hopefully hoping that the results are good enough to either taper or even stop the medicine. Looking at the market behaviour over the pastfew sessions, it looks like some bullishness and optimism is back. Whether this is sustainable remains to be seen. However, technicals do indicate that market might be overbought so the CPI data must be super good on order for a wave 3 breakout to occur. As of now, the market looks in need of a pull back before that. As such, I am expecting the market to retreat post CPI data if it is not as bullish as market wants it to be or even in line. Thanks for reading!
@Ultrahisham:Mid Term elections day No matter how apolitical you might think the market is or should be, we cannot deny that market policies and government spending etc are ultimately decided by politicians. Hence, the direction they are taking in terms of steering the country and the implications will ripple onto and into the very fabrics of the society they are leading and that of course includes the economy as well. That is why the decisions they make impact livelihoods and hence the big responsibities they shoulder. The markets like stability. And a clear direction. Hence, it would be in the best interest of the market to see a clear and undivided leadership. And in terms of US politics, that means control of the house and senate by the same party that the president belongs to. The logic
@Ultrahisham:Mid Term elections day No matter how apolitical you might think the market is or should be, we cannot deny that market policies and government spending etc are ultimately decided by politicians. Hence, the direction they are taking in terms of steering the country and the implications will ripple onto and into the very fabrics of the society they are leading and that of course includes the economy as well. That is why the decisions they make impact livelihoods and hence the big responsibities they shoulder. The markets like stability. And a clear direction. Hence, it would be in the best interest of the market to see a clear and undivided leadership. And in terms of US politics, that means control of the house and senate by the same party that the president belongs to. The logic
@Mexicools:$Antero Midstream Corporation(AM)$ Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: βEPS: US$0.18 (down from US$0.19 in 3Q 2021). βRevenue: US$248.7m (up 2.6% from 3Q 2021). βNet income: US$84.0m (down 5.8% from 3Q 2021). βProfit margin: 34% (down from 37% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 6.8%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 95% per year but the companyβs share price has only increa