Author Archive for Insider Scoop

Earnings Scheduled For August 28, 2015

Courtesy of Benzinga.

Earnings Scheduled For August 28, 2015

Related BIG
Friday's Top Two Earnings Reports To Watch: Big Lots And Regis
Benzinga's Top Upgrades
Undervalued Stocks Among Steven Cohen's Recent Buys (GuruFocus)

Related BNS
eResearch Reminds Readers Tech & Transport Stocks Enter Seasonal Strength Period In October, Cons. Staple & Telecoms Tend To Outperform Broad Market Into End Of year
US Stock Futures Edge Lower; GDP Report In Focus

Big Lots, Inc. (NYSE: BIG) is projected to report its quarterly earnings at $0.34 per share on revenue of $1.20 billion.

Bank of Nova Scotia (NYSE: BNS) is estimated to report its quarterly earnings at $1.45 per share on revenue of $6.16 billion.

Liberty Tax Inc (NASDAQ: TAX) is expected to post a quarterly loss at $0.69 per share on revenue of $8.23 million.

Posted-In: Earnings scheduleEarnings News Pre-Market Outlook Markets

Did 1 Billion People Really Use Facebook In 24 Hours?

Courtesy of Benzinga.

Did 1 Billion People Really Use Facebook In 24 Hours?
Related FB
Mark Zuckerberg Posts To His Facebook That Company Reached 1 Billion Serviced In One Day
Here's What Trip Chowdhry Likes After The Market Selloff
FACEBOOK (Investor’s Business Daily)

Facebook Inc (NASDAQ: FB) founder and CEO Mark Zuckerberg posted a message on Thursday to promote the company's newest milestone.

"For the first time ever, one billion people used Facebook in a single day," Zuckerberg wrote. "On Monday, 1 in 7 people on Earth used Facebook to connect with their friends and family. When we talk about our financials, we use average numbers, but this is different. This was the first time we reached this milestone, and it's just the beginning of connecting the whole world."

Investors didn't seem to notice (the stock was up less than 1 percent as of 5:30 p.m. ET), but Zuckerberg's followers sure did, providing thousands of shares and "Likes" regarding the news. Global Equities Research analyst Trip Chowdhry was a bit skeptical of the numbers. He does not believe this level of engagement could be achieved by Facebook alone.

"I would take it with a grain of salt," Chowdhry told Benzinga. "I don't think we are seeing the whole picture. I will not believe that [Facebook] had one billion on the same day. I think this statement is lacking some details."

Chowdhry said if the announcement had specified that this includes Instagram and WhatsApp, he would have believed the reported milestone.

"Engagement levels on Facebook, especially on desktop, [are] declining," said Chowdhry. "On mobile, Instagram and WhatsApp are growing at a faster rate and Facebook is declining. So I won't believe what he says at face value."

Patrick Moorhead, president and principal analyst at Moor Insights & Strategy, told Benzinga that he thinks Facebook's milestone is sustainable "but only with the additions of WhatsApp and Instagram."

"WhatsApp caters to emerging regions and Instagram caters to kids and millennials, the populations to either not use or are looking for the next, new brand and experience," Moorhead told Benzinga.…
continue reading

FBR's Dan Ives Still Loves Apple On Edge Of iPhone 6 Launch

Courtesy of Benzinga.

FBR's Dan Ives Still Loves Apple On Edge Of iPhone 6 Launch
Related AAPL
This Momentum ETF Bounced Back In A Hurry
Is Apple's September 9 Event Teasing A Major Siri Announcement?
Fitbit leads wearables in Q2 (Investor’s Business Daily)
  • Shares of Apple Inc. (NASDAQ: AAPL) have gained 9.47 percent since August 25, while rising almost 12 percent over the past year.
  • FBR’s Daniel H. Ives maintained an Outperform rating on Apple.
  • The company has officially sent out invitations for its Apple Launch Event, scheduled for September 9 in San Francisco.

Ives expects Apple to make a number of announcements and product launches at the event, including a 12.9 inch iPad Pro, the next gen Apple TV and the new iPhone 6s/6s+. Investors are expected to be specifically focused on the improvements in the iPhone 6s that could drive upgrades.

“We view this as a critical event for Apple to help turn the negative investor tide and help lay out its growth vision for the next year on the heels of the iPhone 6 super-cycle product tailwinds,” Ives stated.

Ives also expressed a positive sentiment on the stock, mentioning that less than 30 percent of Apple’s customers have been upgrading to the iPhone 6 till date. There is also reason for optimism given that the launch of the iPhone 6s would lead to a major product cycle, China accounting for a $100 billion market opportunity over the coming three years and Apple’s current stock valuation.

Related Link: Is Apple's September 9 Event Teasing A Major Siri Announcement?

Although the Street consensus on the gross margin expansion opportunity afforded by the launch of the 6s has been muted, the FBR report noted that “persistent commodity components tailwinds and the potential use of cross-product materials” could limit gross margin compression.

On the other hand, Ives expects iPhone comps to become increasingly tough over the next few quarters, especially in the December quarter. Although iPhone 6/6 Plus revenues have increased over the past year, the company still has the opportunity to take share across several geographies given…
continue reading

Thursday's After-Hours Movers: Ulta Salon, Autodesk, Splunk And GameStop

Courtesy of Benzinga.

Related GME
7 Stocks To Watch For August 28, 2015
GameStop Q2 Profit Tops Expectations, Shares Rise
GAMESTOP (Investor’s Business Daily)

Related ULTA
7 Stocks To Watch For August 28, 2015
Keep an Eye on These 10 Stocks for August 27, 2015
Ulta Beauty Q2 Looks Good (Investor’s Business Daily)

Shares of GameStop Corp. (NYSE: GME) surged 1.85 percent Thursday, ahead of the announcement of the company’s second-quarter financial results. After the results were released, the stock, which was rising after-hours more than 4 percent, fell about 0.39 percent, before returning close to the closing price of $46.18.

The videogame retailer reported earnings of $0.31 per share on revenue of $1.762 billion, ahead of guidance, which called for earnings of $0.23 per share and the Street’s consensus estimate of $0.24 per share and $1.727 billion.

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA), which was up 1.39 percent during the day, continued to climb after-hours, moving 4.75 percent.

The surge followed the earnings release, which the company reported EPS of $1.15 on sales of $877 million, beating the Street’s projection of $0.82 and $711.44 million, and even ahead of guidance of $1.10 and $861 million.

Autodesk, Inc. (NASDAQ: ADSK) also reported its quarterly financial results. After the company beat estimates on the earnings front, but missed expectations on the revenue and guidance fronts, the stock lost more than 5 percent, and closed the day trading around $47.44.

Another mover in the tech sector was Splunk Inc (NASDAQ: SPLK), up 5 percent after the bell, after it had returned 4.49 percent during the regular session.

Second-quarter earnings came in at $0.03 per share on revenue of $148.33 million, beating the Street’s consensus, which called for EPS of $0.02 and revenue of $140.48 million.

Posted-In: News After-Hours Center Movers

Morgan Stanley Thinks Bearish Headlines Are Priced Into Oil Already, Expects More Upside On Coming Positive Headlines As Short Squeeze Takes Place

Courtesy of Benzinga.

Related USO
Crude Oil Futures Sharply Higher
Leverage Cuts Both Ways For These Oil ETFs
Oil skies 10% as Venezuela reportedly asks for emergency OPEC meeting (Seeking Alpha)

Bullish Catalysts for Oil Are:

  1. China stimulus,
  2. Stability in China FX or confirmation on direction of US rate hike,
  3. If Rig Counts start falling again, declining US Supply become dinner table talk again,
  4. Easing in OPEC production,
  5. Any form of "Emergency OPEC Meeting" headlines,
  6. Congressional vote against Iran deal – could undermine confidence in success of the deal,
  7. Data showing resilancey in US GDP.

Posted-In: Analyst Color Analyst Ratings

Mid-Morning Market Update: Markets Edge Lower; Big Lots Earnings Top Views

Courtesy of Benzinga.

Related BZSUM
Mid-Afternoon Market Update: Burlington Stores Gains On Strong Results; Dollar General Shares Slip
Mid-Day Market Update: Thursday's Movers; U.S. GDP Rises; China's Stocks Jump

Following the market opening Friday, the Dow traded down 0.30 percent to 16,605.56 while the NASDAQ declined 0.18 percent to 4,803.91. The S&P also fell, dropping 0.14 percent to 1,984.92.

Leading and Lagging Sectors

In trading on Friday, energy shares were relative leaders, up on the day by about 0.50 percent. Meanwhile, top gainers in the sector included Arch Coal Inc (NYSE: ACI), up 17 percent, and SandRidge Permian Trust (NYSE: PER), up 10 percent.

Telecommunications services shares slipped by 1.08 percent in Friday’s trading. Meanwhile, top losers in the sector included China Telecom Corporation Limited (ADR) (NYSE: CHA), down 3 percent, and Telecom Italia SpA (ADR) (NYSE: TI), off 3 percent.

Top Headline

Big Lots, Inc. (NYSE: BIG) reported better-than-expected earnings for the second quarter on Friday.

The Columbus, Ohio-based company reported quarterly net income of $17.64 million, or $0.34 per share, compared to $19.94 million, or $0.36 per share, in the year-ago quarter. On an adjusted basis, the company’s income from continuing operations rose to $0.40 per share from $0.31 per share.

Its net sales gained 1.2 percent year-over-year to $1.21 billion. However, analysts were expecting earnings of $0.34 per share on revenue of $1.20 billion.

Equities Trading UP

Ashford Hospitality Prime Inc (NYSE: AHP) shares shot up 14 percent to $13.97 after the company announced its plans to explore strategic alternatives for increasing holder value.

Shares of Big Lots, Inc. (NYSE: BIG) got a boost, shooting up 12 percent to $47.10 after the company reported better-than-expected earnings for the second quarter.

Smith & Wesson Holding Corp (NASDAQ: SWHC) shares were also up, gaining 9 percent to $17.72 after the company reported upbeat results for its fiscal first quarter.

Equities Trading DOWN

Regis Corporation (NYSE: RGS) shares tumbled 11 percent to $11.77 after the company reported…
continue reading

Benzinga's Top Initiations

Courtesy of Benzinga.

Benzinga's Top Initiations

Related AVG
How Hackers Might Make You Rich
Have Cybersecurity Stocks Peaked?

Related UNFI
Stephens Analyst: United Natural Foods Is My New Best Idea
United Natural Foods Is Cheaper Than Sysco For Only The Second Time Since 2008

Analysts at Pivotal Research initiated coverage on United Natural Foods, Inc. (NASDAQ: UNFI) with a Sell rating. The target price for United Natural Foods is set to $36. United Natural Foods shares closed at $49.60 yesterday.

Analysts at Roth Capital initiated coverage on Cerulean Pharma Inc (NASDAQ: CERU) with a Buy rating. The target price for Cerulean Pharma is set to $9. Cerulean Pharma shares closed at $3.53 yesterday.

Analysts at Maxim Group initiated coverage on Domino’s Pizza, Inc. (NYSE: DPZ) with a Buy rating. The target price for Domino’s Pizza is set to $124. Domino’s Pizza shares closed at $107.80 yesterday.

Dougherty & Company initiated coverage on AVG Technologies NV (NYSE: AVG) with a Buy rating. AVG Technologies shares closed at $23.58 yesterday.

Wells Fargo initiated coverage on Columbia Pipeline Group Inc (NYSE: CPGX) with a Market Perform rating. Columbia Pipeline shares closed at $25.17 yesterday.

Analysts at Baird initiated coverage on Apple Hospitality REIT Inc (NYSE: APLE) with a Outperform rating. The target price for Apple Hospitality REIT is set to $20. Apple Hospitality REIT shares closed at $17.44 yesterday.

Analysts at First Analysis initiated coverage on Anika Therapeutics Inc (NASDAQ: ANIK) with a Equal-weight rating. Anika Therapeutics shares closed at $35.61 yesterday.

Analysts at Macquarie initiated coverage on SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) with a Neutral rating. The target price for SS&C Technologies is set to $74. SS&C Technologies shares closed at $68.00 yesterday.

Analysts at Leerink initiated coverage on Novo Nordisk A/S (ADR) (NYSE: NVO) with a market Perform rating. Novo Nordisk shares closed at $56.12 yesterday.

Analysts at Maxim Group initiated coverage on Dunkin Brands Group Inc (NASDAQ: DNKN) with a Buy rating. The target price for Dunkin Brands is set to $61. Dunkin Brands shares closed at $51.53 yesterday.

Latest Ratings for AVG

Date Firm Action From To
Aug 2015 Dougherty & Company Initiates Coverage on Buy
Jun 2015 JMP Securities Maintains Market Outperform
Jun 2015 JMP Securities Reiterates Market Outperform

View More Analyst Ratings for AVG
View the Latest Analyst Ratings

Posted-In: Top InitiationsInitiation Analyst Ratings

Stifel Upgrades CSX, Marten Transport, Kansas City Southern; Cites Recent Market Volatility

Courtesy of Benzinga.

Stifel Upgrades CSX, Marten Transport, Kansas City Southern; Cites Recent Market Volatility
Related CSX
Oil's Next Act: Transportation
Morning Market Gainers
Triple-Threat Investing: CSX Corporation (Seeking Alpha)
Related KSU
Benzinga's Top Upgrades
Macquarie Analyst Downgrades Union Pacific, Upgrades Kansas City Southern: What You Should Know
Mr. Buffett, Would You Please Buy This Railroad, Too? (Seeking Alpha)

With investor attention mostly focused on technology, social media, energy and other "hot" sectors following the recent market selloff, they may be missing out on opportunities within the trucking/logistics and rail sectors.

In separate reports published on Wednesday, John Larkin of Stifel upgraded shares of Marten Transport, Ltd (NASDAQ: MRTN), Kansas City Southern (NYSE: KSU) and CSX Corporation (NYSE: CSX).

Marten Transport: Growing Sector, Attractive Fundamentals

According to Larkin, the truckload segment has been growing in terms of volume and core pricing at a mid-single digit throughout 2015 and is expected to continue doing so for at least the remainder of the year.

Marten Transport has demonstrated volume and rate increases and continues to improve its margins. The company's stock has been hit as of late in what the analyst described as an "inappropriate interrelation" between the spot market and the contract market. The spot market, he argued, is "soft" but does not influence the contract market as shippers fear further capacity issues.

Meanwhile, shares of Marten are now trading just below the middle of its historical range on an absolute basis, and just above the bottom on a basis relative to the S&P, and above parity to the broader truckload space.

Bottom line, the stock has lost over 21 percent following the recent selloff which makes the upside case more attractive.

Shares were upgraded to Buy from Hold with an unchanged $24 price target.

Kansas City: Stock Is Now ‘Sufficiently Beaten Down'

Larkin's position on Kansas City is simple enough: the stock has been "sufficiently beaten down."

Larkin noted that he…
continue reading

Credit Suisse Analysts Very Impressed With Six Flags Great America And Management

Courtesy of Benzinga.

Related SIX
Credit Suisse Calls Six Flags Mgmt One Of The Strongest In It's Coverage Universe, Glowing Over Recent Company Meeting, Reiterates Outperform & $58 PT
Credit Suisse's Top 10 Consumer Discretionary Stocks

  • Six Flags Entertainment Corp. (NYSE: SIX) has seen a little over an 18 percent rise in its share price over the past year.
  • Credit Suisse’s Joel Simkins reiterated an Outperform rating and price target of $58 on Six Flags.
  • A visit to Six Flags' Great America park left Simkins impressed, given that it was well maintained and offered an attractive ride package to the Chicago market.

Of the top four parks visited, season-to-date, Simkins expressed a bullish sentiment on the long-term positioning of Great America, given that the park benefits from “an attractive location, in close proximity to key suburban feeder markets.”

The past offers an attractive mix of family entertainment and thrill rides, including some of the major roller coasters that have been added over the past few years and a water park.

Simkins also reported that the top leadership at Six Flags and park management were optimistic about the company’s business prospects over the next few years, as well as about the “improving health of the consumer, and continued opportunities for season pass demand/ticket pricing improvement.”

“We also left the meeting with a view that mgmt. is highly focused on enhancing shareholder value and is attuned to some of the recent key investor themes,” Simkins mentioned, adding that the strong management team at Six Flags was focused on FCF and margin expansion, and that the business had a clear path to sustained organic growth.

Latest Ratings for SIX

Date Firm Action From To
Jul 2015 B. Riley Maintains Buy
May 2015 Wedbush Initiates Coverage on Outperform
Apr 2015 Goldman Sachs Downgrades Buy Neutral

View More Analyst Ratings for SIX
View the Latest Analyst Ratings

Posted-In: Credit SuisseAnalyst Color Reiteration Analyst Ratings

Garnero Group to Merge with Grupo Colombo, Deal Value AT $330M

Courtesy of Benzinga.

Garnero Group Acquisition Company (NASDAQ: GGAC), a public investment vehicle formed for the purpose of effecting a merger, acquisition or similar business combination, and Grupo Colombo (“Grupo Colombo” or “GC”), a leading apparel retailer in Brazil, announced today that they have entered into a definitive investment agreement to merge the companies in a transaction valued at approximately $330 million. The combined company will remain listed on the NASDAQ Stock Market and be renamed “Garnero Colombo Inc.”

Headquartered in Sao Paulo, Grupo Colombo is one of Brazil’s leading retailers focusing on menswear, with over 400 stores throughout the country. Founded in 1917, Grupo Colombo is the largest retailer of men’s shirts and suits in Brazil with net revenues of R$550 million ($234 million1) and EBITDA2 of R$133 million ($57 million) in 2014. GC has recently diversified from formalwear into smart casual clothes and has strengthened its online presence to become one of the three most valuable brands within the Brazilian apparel retail sector.

Transaction Summary

Pursuant to the terms of the proposed business merger, GGAC will become the owner of 100% of the equity of GC by issuing 6,000,000 GGAC shares to GC’s existing shareholders. After the closing of the transaction, the current shareholders and management of GC will own approximately 25%3 of the combined company.

In connection with the transaction, the companies have engaged a syndicate of global investment banks to raise up to $100 million in a private placement of new GGAC shares to close simultaneously with the business combination. Additionally in support for the transaction, the shareholders of GC have committed to purchase $30 million of GGAC shares in the public market or through the private placement.

Mario Garnero will remain Executive Chairman of Garnero Colombo Inc. and Alvaro Jabur Jr., GC’s Chief Executive Officer, will be appointed as Member of the Board of the merged company. Mr. Jabur will keep his role as Chief Executive Officer to manage the operation in Brazil with the current senior management of Grupo Colombo.

The boards of directors of both GGAC and Grupo Colombo have unanimously approved the terms of the transaction, which is expected to be completed by year’s end. The transaction is subject to GGAC shareholder approval, applicable regulatory approvals and other customary closing conditions.

“I created…
continue reading


Zero Hedge

Fed Kocherlakota: 2015 Rate Rise Not Appropriate, Open To More Stimulus

Courtesy of ZeroHedge. View original post here.

Submitted by Pivotfarm.




more from Tyler

Market News

News You Can Use From Phil's Stock World


Financial Markets and Economy

U.S. stocks set for bumpy end to a wild week (CNN)

After some of the wildest days on markets in recent memory, the weekend can't come soon enough for many. Panicked selling Monday and Tuesday gave way to a scramble to buy Wednesday and Thursday.

While Many Panicked, Japanese Day Trader Made $34 Million (Bloomberg)

While a lo...

more from Paul

All About Trends

Mid-Day Update

Reminder: David is available to chat with Members, comments are found below each post.

Click here for the full report.

To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

more from David

Phil's Favorites

Fed Queen Race: Personal Income Rises 0.4% as Expected; Good for Rate Hikes? GDP?

Courtesy of Mish.

Personal income for July rose as expected in today's Personal Income and Outlays report. Consumer spending rose nearly as expected, led of course by auto sales. Price pressure was nonexistent.
There's no hurry for a rate hike based on the July personal income and outlays report where inflation readings are very quiet. Core PCE prices rose only 0.1 percent in the month with the year-on-year rate moving backwards, not forwards, to a very quiet plus 1.2 percent. Total prices are also quiet, also at plus 0.1 percent for the monthly rate and at only plus 0.3 percent the yearly rate.

On the consumer, the data are very solid led by a 0.4 percent rise in income that includes a 0.5 percent rise in wages & salaries which is the largest since November last year. Other income ...

more from Ilene

Kimble Charting Solutions

Dangerous Place for a kiss of resistance, says Joe

Courtesy of Chris Kimble.

Anyone noticed its been a wild week? Has anything been proven with all the volatility the past 5-days?

What happens at (1) below, could tell us a good deal about what type of damage did or didn’t take place this week!


The large decline on Monday cause the S&P 500 to break support of this rising channel.

The mid-week rally pushed the S&P higher and as of this morning it is kissing the underside of old support as resistance now, near the 50% retracement level of the large decline over the past few weeks.

Why could th...

more from Kimble C.S.

Chart School

Shorts Rally - But For How Long?

Courtesy of Declan.

A second day of gains keeps pressure on shorts in squeezing them out of their positions, but is also looking to sucker shorts into trying to second guess when this rally will end.

The S&P is heading fast towards 2,044. Given the speed at which it has enjoyed this advance it will be there by Tuesday! In reality, it will likely slow before it gets there. When markets do head lower it will be important they do so slowly to sow further doubt into shorts.

The Nasdaq will be testing resistance tomorrow, and is close to coming up against its 200-day MA.  Those who bought the low will be very happy.


more from Chart School


Sector Detector: Finally, market capitulation gives bulls a real test of conviction, plus perhaps a buying opportunity

Reminder: Sabrient is available to chat with Members, comments are found below each post.

Courtesy of Sabrient Systems and Gradient Analytics

The dark veil around China is creating a little too much uncertainty for investors, with the usual fear mongers piling on and sending the vast buy-the-dip crowd running for the sidelines until the smoke clears. Furthermore, Sabrient’s fundamentals-based SectorCast rankings have been flashing near-term defensive signals. The end result is a long overdue capitulation event that has left no market segment unscathed in its mass carnage. The historically long technical consolidation finally came to the point of having to break one way or the other, and it decided to break hard to the downside, actually testing the lows from last ...

more from Sabrient


Swing trading portfolio - week of August 24th, 2015

Reminder: OpTrader is available to chat with Members, comments are found below each post.


This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...

more from OpTrader


Some Hedge Funds "Hedged" During Stock Market Sell Off, Others Not As Risk Focused

By Mark Melin. Originally published at ValueWalk.

With the VIX index jumping 120 percent on a weekly basis, the most in its history, and with the index measuring volatility or "fear" up near 47 percent on the day, one might think professional investors might be concerned. While the sell off did surprise some, certain hedge fund managers have started to dip their toes in the water to buy stocks they have on their accumulation list, while other algorithmic strategies are actually prospering in this volatile but generally consistently trending market.

Stock market sell off surprises some while others were prepared and are hedged prospering

While so...

more from ValueWalk

Digital Currencies

Bitcoin Battered After "Governance Coup"

Courtesy of ZeroHedge. View original post here.

Naysyers are warning that the recent plunge in Bitcoin prices - from almost $318 at its peak during the Greek crisis, to $221 yesterday - is due to growing power struggle over the future of the cryptocurrency that is dividing its lead developers. On Saturday, a rival version of the current software was released by two bitcoin big guns. As Reuters reports, Bitcoin XT would increase the block size to 8 megabytes enabling more transactions to be processed every second. Those who oppose Bitcoin XT say the bigger block size jeopardizes the vision of a decentralized payments system that bitcoin is built on with some believing ...

more from Bitcoin


Baxter's Spinoff

Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.

Baxter Int. (BAX) is splitting off its BioSciences division into a new company called Baxalta. Shares of Baxalta will be given as a tax-free dividend, in the ratio of one to one, to BAX holders on record on June 17, 2015. That means, if you want to receive the Baxalta dividend, you need to buy the stock this week (on or before June 12).

The Baxalta Spinoff

By Ilene with Trevor of Lowenthal Capital Partners and Paul Price

In its recent filing with the SEC, Baxter provides:

“This information statement is being ...

more from Pharmboy

Mapping The Market

An update on oil proxies

Courtesy of Jean-Luc Saillard

Back in December, I wrote a post on my blog where I compared the performances of various ETFs related to the oil industry. I was looking for the best possible proxy to match the moves of oil prices if you didn't want to play with futures. At the time, I concluded that for medium term trades, USO and the leveraged ETFs UCO and SCO were the most promising. Longer term, broader ETFs like OIH and XLE might make better investment if oil prices do recover to more profitable prices since ETF linked to futures like USO, UCO and SCO do suffer from decay. It also seemed that DIG and DUG could be promising if OIH could recover as it should with the price of oil, but that they don't make a good proxy for the price of oil itself. 


more from M.T.M.


Watch the Phil Davis Special on Money Talk on BNN TV!

Kim Parlee interviews Phil on Money Talk. Be sure to watch the replays if you missed the show live on Wednesday night (it was recorded on Monday). As usual, Phil provides an excellent program packed with macro analysis, important lessons and trading ideas. ~ Ilene


The replay is now available on BNN's website. For the three part series, click on the links below. 

Part 1 is here (discussing the macro outlook for the markets) Part 2 is here. (discussing our main trading strategies) Part 3 is here. (reviewing our pick of th...

more from Promotions

Help One Of Our Own PSW Members

"Hello PSW Members –

This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible.  Feel free to contact me directly at with any questions.

Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts.  After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.)  Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.

Thank you for you time!

FeedTheBull - Top Stock market and Finance Sites

About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

Learn more About Phil >>

As Seen On:

About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

Market Shadows >>