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Equity Strategy 18 June 2014
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FedEx: Buy. Second Phase Of Uptrend Has Started

FedEx: Buy. Second Phase Of Uptrend Has Started

* FedEx Corp. forecast an annual profit range with a midpoint that exceeded analysts’ estimates as it reaps the benefits of a three-year turnaround plan and foresees moderate economic growth * Earnings for the current fiscal year ending in May will be $8.50 to $9 a share, the Memphis, Tennessee-based company said in a statement today. That compares with the average […]

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Equity Strategy 11 June 2014
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Tencent Holdings: Buy. 2nd Phase Of Uptrend Has Begun

Tencent Holdings: Buy. 2nd Phase Of Uptrend Has Begun

* Socjen-Ji Asia: Tencent Upgraded on Mobile Gaming, Ads Growth;  Major drivers should come from new initiatives on Weixin, Mobile QQ platforms and under-developed online advertising business, analyst Daniel Wang wrote in report yday.  Raised to buy from neutral, PT HK$132 SocGen-Ji Asia sees plenty room for growth in avg revenue per user, proportion of paying accounts for mobile […]

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FX Strategy 10 June 2014
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USD/MXN: +2.24%. Liquidate Short Positions

USD/MXN: +2.24%. Liquidate Short Positions

* On 28 Feb 2014, we advised to Buy the Mexican Peso: http://www.bluephoenixfinancials.com/foreign-exchange-strategies/mexican-peso-buy-profit-potential-9-575/ * On 3 Mar 2013, the Mexican Peso traded as low as 13.3495 against the Dollar * On 6 June 2014, the Mexican Peso traded as high as 12.8193 against the US Dollar  * NOTE: On 6 June 2014 Mexico conducted a surprise […]

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Equity Strategy 10 June 2014
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Apple. Buy. Uptrend Has Started

Apple. Buy. Uptrend Has Started

* On 6 June 2014 we advised to liquidate Apple before the stock split with a profit of 26.84%: http://www.bluephoenixfinancials.com/track-records/apple-26-84-profit-3-months/ * On 9 June 2014, Apple’s stock was split into 7 parts to attract buying interest from a wider audience of Investors * Apple has today broken above the resistance level of $94.20 * We now […]

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