Monthly Archives: February 2014

LCM Dawn Patrol – 18.02.14 – LCM Strategy, Air Liquide numbers, JPM ups Aixtron and likes temp work, DB sees hope in EM, TUESGEAR (boring)

Bonjour, Asian stocks are mixed in morning trade. As expected, the BoJ left policy unchanged. The yen weakened after the release, which caused the Nikkei to jump from around +1% to +2%. The Australian market is flat as earnings season ramps up. Greater Chinese markets are lower after the PBoC unexpectedly removed CNY48B of liquidity. […]

LCM Dawn Patrol – 17.02.14 – JPM Views on EM, Barcap on Asia, JPM likes BNP, GS on Peugeot, and much more.

Bonjour, Asian equity markets traded higher to begin the week, following a strong US overnight lead from Friday. Data was in focus today as China reported January lending data over the weekend and Japan came out with preliminary GDP numbers this morning. Credit growth in China came in higher than expectations for January. The data […]

LCM Dawn Patrol – 13.02.14 – Too much… BNP looks bad, ABB too. JPM dgrades KERING, PUMA, GS ups ABI… More…

Bonjour, US equities finished narrowly mixed in fairly uneventful trading on Wednesday. The political backdrop improved today as the House and Senate both passed clean debt ceiling bills. The earnings calendar drove some notable stock specific moves today, though aggregate takeaways were limited, as is typically the case in the latter stages of earning season. […]

LCM Dawn Patrol – 12.02.14 – Earnings: SocGen (Ok), Telenor, Norsk, ING, Kuka…. Barclays back on EM, Yellen and more…

Bonjour, US equities finished sharply higher on Tuesday. The market seems happy with the new Fed Chair Yellen testimony as they were no sursprises. In addition, a number of the other dynamics are positive for stocks, including oversold conditions, position and sentiment resets, the impact of weather on US recovery momentum and favorable Q4 earnings […]

LCM Dawn Patrol – 11.02.14 – Numbers, L’Oreal stake, LCM Strat, MS on BG, Alcatel and Suez, GS on BNP… More.

Bonjour, US equities finished slightly higher on Monday. Activity remained subdued throughout the day, marking a stark contrast from the volatility of last week. With little macro news to drive markets today, investors were seemingly awaiting Janet Yellen’s first Congressional testimony today to provide some direction. It was also a fairly quiet day on the […]

LCM Dawn Patrol – 10.02.14 – JPM becoming less bullish, GS’ lists of rich cash names to own, JPM on banks and on Nestlé/L’Oréal… More

Bonjour, Markets in Asia are generally higher this morning. The quarterly monetary policy statement from the PBOC reiterated its intent to keep policy stable in the coming year however noted that interest rate volatility should remain. Chinese automakers are leading the China market after news of a subsidiary extension for electric cars. The Japanese current […]

LCM Dawn Patrol – 08.02.14 – Week End. JPM stays bullish. Arcelor OK, Earnings by Barclays, MS likes Air Liquide, GS on Grifols, MORE….

Ciao, Seemed like a long week… US equities finished higher on Thursday with the S&P 500 posting its biggest one-day percentage gain since 18-Dec. Despite the magnitude of the move, there did not seem to be any meaningful drivers behind today’s price action. While monetary policy grabbed a lot of headlines today, commentary from both […]