Author Archive for Insider Scoop

5 Biggest Price Target Changes For Wednesday

Courtesy of Benzinga.

  • Goldman Sachs raised Groupon Inc (NASDAQ: GRPN) price target from $4.70 to $5.40. Groupon shares closed at $5.03 on Tuesday.
  • Barclays boosted the price target for Pure Storage Inc (NYSE: PSTG) from $19 to $22. Pure Storage shares closed at $16.16 on Tuesday.
  • Stifel increased the price target for Deere & Company (NYSE: DE) from $161 to $184. Deere shares closed at $167.54 on Tuesday.
  • Mizuho raised the price target on QUALCOMM, Inc. (NASDAQ: QCOM) from $65 to $75. QUALCOMM shares closed at $68.25 on Tuesday.
  • Telsey Advisory Group cut the price target for Ethan Allen Interiors Inc. (NYSE: ETH) from $33 to $27. Ethan Allen Interiors shares closed at $28.15 on Tuesday.

Posted-In: Price Target ChangesPrice Target Intraday Update Analyst Ratings





The Market In 5 Minutes: Apple Downgrade, Bitcoin Extends Fall, A Cannabis Genome

Courtesy of Benzinga.

The Market In 5 Minutes: Apple Downgrade, Bitcoin Extends Fall, A Cannabis Genome

IN THE NEWS

Regulations might be restricting targeted automakers, but the steel industry considers itself a beneficiary of heightened expectations: Link

Since acquiring MoviePass last year, Helios and Matheson Analytics Inc (NASDAQ: HMNY) has taken a lot of heat from critics. The MoviePass subscriber count continues to climb, however, and shareholders are hoping the numbers will eventually speak for themselves: Link

BlackBerry Ltd (NYSE: BB) introduced Jarvis, a cloud-based code analysis solution, at the North American International Auto Show Monday: Link

General Electric Co. (NYSE: GE) is considering breaking itself apart, a dramatic move that would mark the end of one of the oldest and largest U.S. conglomerates: Link $

A group of 21 U.S. state attorneys general filed suit to challenge the Federal Communications Commission’s decision to do away with net neutrality on Tuesday while Democrats said they needed just one more vote in the Senate to repeal the FCC ruling: Link

Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year: Link

For years, the likes of Apple Inc. (NASDAQ: AAPL) and Microsoft Corp. (NASDAQ: MSFT) have stashed billions of dollars offshore to slash their U.S. tax bills. Now, the tax-code rewrite could throw that into reverse: Link

The fledgling cannabis industry is full of wide-eyed claims about what pot can do. Outperform your favorite energy drink? Maybe. Cure cancer? Worth a try. The biggest believers and entrepreneurs make the plant sound almost magical. Now one startup has the key to keep the science from the hype: the first-ever full map of the cannabis genome: Link

Walmart (NYSE: WMT) is


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KBW Downgrades Citi On ‘Meaningful Gap’ In Outlook

Courtesy of Benzinga.

KBW Downgrades Citi On 'Meaningful Gap' In Outlook

Citigroup Inc (NYSE: C) reported fourth-quarter results Tuesday that beat top- and bottom-line expectations, but the results led at least one Wall Street analyst to turn neutral on the bank stock. 

The Analyst

Keefe, Bruyette & Woods’ Brian Kleinhanzl downgraded Citi’s stock rating from Outperform to Market Perform with a price target lowered from $90 to $82.

The Thesis

Citi’s Q4 report came in better than expected, but management’s outlook fell short of expectations, Kleinhanzl said in the downgrade note. (See the analyst’s track record here.) 

For example, revenue guidance was weaker than anticipated, which translates to higher efficiency ratio guidance came in above expectations, the analyst said. Citi will need to “pull harder” on expenses to hit the analyst’s forecast, he said. Revenue growth from Citi’s Cards segment could be negatively impacted from a deterioration in credit, Kleinhanzl said. 

Given the analyst’s concerns, KBW moved its 2018 EPS estimate for Citi lower from $6.70 to $6.45 and 2019′s numbers were lowered from $7.40 to $7.15 per share. A “meaningful gap” now exists between the 2019 estimates and management’s target for 2020, and there is no compelling reason to believe the bank can bridge that gap, the analyst said. 

The bank’s capital return and return improvement stories have now “largely played out,” and an absence of any notable catalysts is prompting the analyst to move to the sidelines, he said. 

Price Action

Shares of Citigroup were trading lower by 0.5 percent at the time of publication. 

Related Links:

Buckingham Reviews ‘Best In Class’ JPMorgan’s Q4 Beat

The Week Ahead: Brace Yourself, Earnings Season Is Coming

Latest Ratings for C

Date Firm Action From To
Jan 2018 Vertical Group Downgrades Buy Hold
Jan 2018 Keefe Bruyette & Woods Downgrades Outperform Market Perform
Oct 2017 Societe Generale Downgrades Hold Sell

View More Analyst Ratings for C


View the Latest Analyst Ratings

Posted-In: bank earnings banks Brian Kleinhanzl KBWAnalyst Color Downgrades Price Target Analyst Ratings Best of Benzinga





Argus: Las Vegas Locals Will Drive Boyd Gaming Higher

Courtesy of Benzinga.

Argus: Las Vegas Locals Will Drive Boyd Gaming Higher

Boyd Gaming Corporation (NYSE: BYD) is an owner and operator of gaming entertainment properties in multiple states. The company’s Las Vegas properties are mostly located away from the tourist Strip area, and this is a good thing, according to Wall Street’s newest bull analyst.

The Analyst

Argus Research Company’s John Staszak initiated coverage of Boyd Gaming’s stock with a Buy rating and $44 price target.

The Thesis

The case for owning casino-themed stocks that aren’t located on the tourist Strip in Las Vegas is quite simple, Staszak said in the initiation note. (See the analyst’s track record here.) 

Boyd Gaming’s market of Las Vegas “locals” will improve from population growth, increased employment and a favorable business environment, Staszak said. The company’s two biggest properties, the Gold Coast and the Orleans, were singled out to benefit from higher room rates and an increase in tourist traffic, while the downtown properties will also benefit from higher tourist traffic, the analyst said.

Over the longer term, Boyd’s operating margin is likely to increase due to favorable operating leverage at the Las Vegas properties and other regional casinos, Staszak said. 

The analyst’s $44 price target implies an EV/EBITDA multiple of 10.9x, which is in the upper half of the stock’s historical average range of 7x to 12x — and justified given the strength of the Las Vegas local market and the opportunity for improvements at regional casinos, according to Argus. 

Price Action

Shares of Boyd Gaming were up 2.02 percent at the time of publication Wednesday and are up nearly 85 percent over the past year.

Related Links:

BofA Bets On Boyd Gaming’s Growth, Potential

Vegas Gaming Slumps In November, Strip Continues To See Impact From Shooting

Photo by anetode/Wikimedia. 

Latest Ratings for BYD

Date Firm Action From To
Jan 2018 Argus Initiates Coverage On Buy
Jan 2018 Bank of America Upgrades Neutral Buy
Oct 2017 Stifel Nicolaus Maintains Hold

View More Analyst Ratings for BYD


View the Latest Analyst Ratings

Posted-In: Argus Research Company casino casino stocks casinosAnalyst Color Price Target Initiation Analyst Ratings Best of Benzinga





Viacom, CBS Are Better Off Apart, Says Rosenblatt Securities

Courtesy of Benzinga.

Viacom, CBS Are Better Off Apart, Says Rosenblatt Securities

The on-again, off-again merger talks between Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS) have resumed, according to a report from TheWrap last week.

The Analyst

Rosenblatt Securities’ Alan Gould maintains a Sell rating on Viacom’s stock with no assigned price target and a Buy rating on CBS’ stock with a $78 price target.

The Thesis

National Amusements, the Redstone family’s private company that holds a controlling stake of both CBS and Viacom, explored a potential combination of the two companies in the past and reports of renewed discussions surfaced again last week, Gould said in a Tuesday note. (See the analyst’s track record here.) 

But even if the two companies do reunite, it is unlikely to maximize value, as both are too small in the “consolidating media environment,” the analyst said. 

The combination of Viacom and CBS is unlikely to create any notable synergies, and the two companies are not “optimal partners” for each other, Gould said. In the analyst’s view, CBS would be better off partnering with a company like Verizon Communications Inc. (NYSE: VZ), which is likely seeking programming expertise with a strong sports position. 

Viacom is mostly a network company and would fit better with another global network company like Sony Corp (ADR) (NYSE: SNE), which has an interest in expansion, Gould said. 

“If there isn’t much synergy, then the negotiations become more of a zero-sum game,” the analyst said. “The only way this becomes a good deal for CBS shareholders is if it becomes a bad deal for VIA shareholders.”

Price Action

Shares of Viacom lost more than 4 percent early Tuesday morning while CBS’ stock gained more than 1 percent.

Related Links:

Viacom Left Behind In Fundamental Media Shift, Macquarie Says

Analyst: How Lower NFL Ratings Cost CBS

Photo by Coolcaesar/Wikimedia. 

Latest Ratings for VIAB

Date Firm Action From To
Jan 2018 Macquarie Downgrades Neutral Underperform
Nov 2017 Deutsche Bank Upgrades Sell Hold
Nov 2017 UBS Maintains Buy

View More Analyst Ratings for VIAB


View the Latest Analyst Ratings

Posted-In: Alan Gould entertainment RedstoneAnalyst Color Price Target Reiteration Analyst Ratings Media Best of Benzinga





Stifel Sees Potential For A 20% Return In Allegiant

Courtesy of Benzinga.

Stifel Sees Potential For A 20% Return In Allegiant

Allegiant Air parent company Allegiant Travel Company (NASDAQ: ALGT) has been awarded Stifel’s highest rating. 

The Analyst

Stifel analyst Joseph DeNardi upgraded Allegiant Travel from Hold to Buy and upped the price target from $150 to $200, suggesting roughly 20-percent upside from the $165.50 level at which the stock closed Friday.

The Thesis 

Allegiant Travel shares are trading at 13 times Stifel’s 2019 earnings per share estimate of $15.50, DeNardi said in a Monday note. (See the analyst’s track record here.) 

Stifel’s estimate incorporates a 2.5-percent total operating unit revenue increase, 1-percent average decline in cost per available seat mile and a $2.15/gallon jet fuel price in 2018 and 2019. 

Against this backdrop, the company faces a relatively lower-risk revenue outlook, as 80 percent of its routes are in non-competitive markets, DeNardi said. The analyst projects that Allegiant’s ramping revenue initiatives in 2018 — namely improved revenue management and increasing contributions from its co-branded credit card — contributing about 3 points to year-over-year unit revenue.

“An improving revenue outlook combined with lower operational risk and the prospects for compelling cost leverage in 2018/2019 gives us confidence in ALGT’s margin profile both relative to its [ultra low cost-carrier] peers and on an absolute basis,” DeNardi said.

Allegiant has stronger near-term revenue trends with less downside risk, even if competitive dynamics worsen, DeNardi said.  The company also has industry-best CASMx trends, he said. 

Price Action

Allegiant Travel is down about 7 percent over the past year.

At the time of writing, Allegiant Travel was rallying 2.48 percent at $169.60. 

Related Links:

3 Airlines Bank of America Expects To Fly Higher In 2018

What Airport Costs Say About Airlines’ Margins, Competitiveness

Latest Ratings for ALGT

Date Firm Action From To
Jan 2018 Stifel Nicolaus Upgrades Hold Buy
Jan 2018 Bank of America Upgrades Neutral Buy
Dec 2017 Deutsche Bank Upgrades Hold Buy

View More Analyst Ratings for ALGT


View the Latest Analyst Ratings

Posted-In: airlines Joseph DeNardiAnalyst Color Upgrades Price Target Travel Analyst Ratings General Best of Benzinga





Vetr Crowd Upgrades Exxon Mobil

Courtesy of Benzinga.

The Vetr community upgraded Exxon Mobil Corporation (NYSE: XOM) from 2.5 stars (Sell) to 3 stars (Hold). Crowd confidence reflected this sentiment, with 50 percent of Vetr users giving the stock a Hold rating, 33.3 percent a Sell, and 13.7 percent a Buy, indicating mixed outlooks on the stock.

See how crowdsourced ratings could help you time the market

This crowd upgrade came as shares of the oil company closed at $86.79. The Vetr community and analysts alike remained slightly bullish, with Vetr users setting a $87.51 target price and analysts setting target prices within the $80-$90 range.

Posted-In: VetrUpgrades Analyst Ratings





3 Factors Prompt Susquehanna Downgrade Of Silicon Motion Technology

Courtesy of Benzinga.

Silicon Motion Technology Corp. (ADR) (NASDAQ: SIMO), which develops flash controller ICs for solid-storage devices and specialty RF ICs for mobile devices, could be hit by a triple whammy.

The Analyst

Susquehanna’s Mehdi Hosseini downgraded Silicon Motion from Positive to Neutral and reduced his price target from $60 to $48.

The Thesis

Though not subscribing to the idea that Silicon Motion’s largest customer is going to develop components in-house, Hosseini said NAND bit growth estimate is capped at 40 percent. Hosseini expects NAND manufacturers to continue to struggle with the 3D NAND migration.

This 40 percent growth, according to the analyst, is premised on improving 64L yields and the use of QLC with 64L 3D NAND. However, the analyst is of the view that this is inadequate to drive upside.

Overall revenues that are expected to be capped at $600 million and a lack of meaningful P&L leverage will limit earnings to $4, Hosseini said.

The 25 percent run up and a lack of visibility on the company’s long-term revenue growth drivers and operating leverage were the main premises behind the downgrade, Susquehanna said.

While increasing December quarter estimates in-line with the company’s preliminary results released Jan. 5, Hosseini lowered his 2018 estimates for the company. The analyst also introduced 2019 estimates, which are below his previous 2018 estimates.

Price Action

Shares of Silicon Motion are up about 7 percent over the past year.

Reacting to the downgrade, the stock was trading down 9.6 percent to $45.83.

Related Links:

Semiconductors: Which Stock Positions To Add To, Which To Take Profits In

Jefferies: Lattice Semiconductor Now An Attractive M&A Target

Latest Ratings for SIMO

Date Firm Action From To
Jan 2018 Susquehanna Downgrades Positive Neutral
Dec 2017 Summit Redstone Partners Upgrades Hold Buy
Oct 2017 Loop Capital Maintains Buy

View More Analyst Ratings for SIMO


View the Latest Analyst Ratings

Posted-In: Mehdi Hosseini SusquehannaAnalyst Color Downgrades Price Target Analyst Ratings





Here’s Why Goldman Upgraded Adtran Despite Near-Term Risks

Courtesy of Benzinga.

Here's Why Goldman Upgraded Adtran Despite Near-Term Risks

Shares of ADTRAN, Inc. (NASDAQ: ADTN), a small-cap provider of networking and communications equipment, have lost more than 15 percent over the past three months. While the stock has a “heightened degree of uncertainty” and more near-term downside, according to Goldman Sachs, the firm dropped its bearish stance on the stock Tuesday.

The Analyst

Goldman Sachs’ Doug Clark upgraded Adtran’s stock rating from Sell to Neutral with an unchanged $17 price target.

The Thesis

One of the biggest overhangs to Adtran’s stock comes from its key customer Centurylink Inc (NYSE: CTL) putting its business with Adtran on hold as it conducts a 60-to-90 day review, Clark said in the upgrade note. (See the analyst’s track record here.) 

CenturyLink accounts for around 25 to 30 percent of Adtran’s total sales, and it is possible that CenturyLink will resume its multiyear vectoring upgrades, which represent around $35 million in quarterly revenue for Adtran, Clark said. 

Major telecom companies like AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ) could once again become major customers, the analyst said. AT&T started to deploy its G.fast equipment from Adtran in out of-region locations, and Adtran could see an expansion to in-region G.fast deployments in mid-2018, according to Goldman. And Adtran is engaged in trials with Verizon for its NG-PON2 technology, which could see early deployment this year.

Despite the uncertainty with a key customer, a combination of potential new customer gains from AT&T, Verizon and others creates a “more balanced risk-reward” profile for Adtran, Clark said. 

Price Action

Shares of Adtran were trading down slightly at $19.68 late in Tuesday’s trading session. 

Related Links:

40 Stocks Moving In Tuesday’s Mid-Day Session

Mid-Day Market Update: Blackhawk Surges On News Of Acquisition By Silver Lake; Eiger Biopharmaceuticals Shares Slide

Latest Ratings for ADTN

Date Firm Action From To
Jan 2018 Goldman Sachs Upgrades Sell Neutral
Jul 2017 Needham Maintains Buy
Apr 2017 Argus Research Upgrades Hold Buy

View More Analyst Ratings for ADTN


View the Latest Analyst Ratings

Posted-In: Doug Clark G.Fast Goldman Sachs NG-PON2Analyst Color Upgrades Price Target Analyst Ratings Best of Benzinga





46 Biggest Movers From Yesterday

Courtesy of Benzinga.

Gainers

  • Chinanet Online Holdings Inc (NASDAQ: CNET) shares climbed 26.84 percent to close at $6.38 on Thursday. ChinaNet Online named Mr. Zhongyi Liu as Chief Strategy Officer for blockchain and business development.
  • New Age Beverages Corp (NASDAQ: NBEV) shares rose 24.07 percent to close at $3.17 on Thursday after climbing 15.09 percent on Wednesday. The company disclosed that it has commenced shipment of its XingTea portfolio of ready-to-drink teas to CVS Health.
  • Community Health Systems (NYSE: CYH) shares gained 23.63 percent to close at $4.97. Shanda Group raised investment in Community Health Systems.
  • U.S. Gold Corp. (NASDAQ: USAU) shares rose 21.89 percent to close at $2.84 after the company announced updated Copper King PEA.
  • Checkpoint Therapeutics, Inc. (NASDAQ: CKPT) shares jumped 21.34 percent to close at $3.98.
  • Cerecor Inc (NASDAQ: CERC) shares gained 20.54 percent to close at $2.70.
  • Ryerson Holding Corp (NYSE: RYI) shares jumped 18.23 percent to close at $12.00.
  • Energy XXI Gulf Coast, Inc. (NASDAQ: EXXI) shares rose 16.28 percent to close at $7.50.
  • China Information Technology, Inc. (NASDAQ: CNIT) shares climbed 16.28 percent to close at $3.00.
  • Ossen Innovation Co., Ltd. (NASDAQ: OSN) shares rose 16.18 percent to close at $3.23.
  • Bravo Brio Restaurant Group, Inc. (NASDAQ: BBRG) shares climbed 15.91 percent to close at $2.55.
  • TG Therapeutics, Inc. (NASDAQ: TGTX) shares climbed 15.76 percent to close at $10.65 on Thursday.
  • Progress Software Corporation (NASDAQ: PRGS) gained 15.75 percent to close at $50.55 after the company reported upbeat results for its fourth quarter. The company also issued strong first quarter and FY18 guidance.
  • Richardson Electronics, Ltd. (NASDAQ: RELL) rose 14.72 percent to close at $7.95 following Q2 results. Richardson Electronics reported Q2 adjusted earnings of $0.01 per share on revenue of $39.1 million.
  • CounterPath, Corp. (NASDAQ: CPAH) gained 14.34 percent to close at $5.98 after the company disclosed a distribution agreement with Soft Solutions to reach new markets.
  • Yulong Eco-Materials Limited (NASDAQ: YECO) gained 14.24 percent to close at $3.45 on Thursday after


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Phil's Favorites

Amazon Unveils 20 City Finalists For HQ2, Expects To Create 50,000 Jobs In Winning City

 

Amazon Unveils 20 City Finalists For HQ2, Expects To Create 50,000 Jobs In Winning City

Courtesy of Zero Hedge 

On Thursday morning, Amazon announced that it had reviewed 238 proposals from across the U.S., Canada, and Mexico to host HQ2, the company’s second headquarters in North America, and has has chosen the following 20 metropolitan areas to move to the next phase of the process (in alphabetical order):

  • Atlanta, GA
  • Austin, TX
  • Boston, MA
  • Chica...


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Zero Hedge

China GDP Beats, Retail Sales Slump (Amid Renewed Fake Data Fears)

 

China GDP Beats, Retail Sales Slump (Amid Renewed Fake Data Fears)

Courtesy of Zero Hedge

China bond yields rose ahead of the macro data avalanche tonight (following a leaked upside surprise print for GDP). GDP, Industrial Production, and Fixed Asset Investment all beat expectations but Retail Sales missed dramatically - growing at its slowest since Feb 2004.

As a reminder, these numbers are landing amid some renewed concern over the integrity of Chinese data, with a nationwide audit of city and county governments last year finding a slew inflated fiscal revenues.

 

The last couple of months have seen upside surprises for Chinese...



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ValueWalk

How Motivation Works

By joniferdingcong. Originally published at ValueWalk.

In this complimentary webinar, learn about the power of motivation in the workplace from Columbia University Professor of Psychology and Business Tory Higgins, an expert on motivation and decision-making.

]]> Get The Full Henry Singleton Series in PDF

Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

You’ll learn:

- Why “carrots” and “sticks” incentives are not enough to motivate people to do better work
- How promotion-focused and prevention-focused people pursue goals differentl...



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Digital Currencies

How a Criminal Defense Attorney Thinks About Crypto Currency

 

How a Criminal Defense Attorney Thinks About Crypto Currency

Courtesy of 

You are all in for a very special treat today. On the heels of last week’s guest post, in which the Unassuming Banker looked at crypto from a traditional IB’s view, I’ve got a new guest post from a friend of mine who is about to give you a perspective on the nascent asset class you’ve not read before. 

...



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Insider Scoop

5 Biggest Price Target Changes For Wednesday

Courtesy of Benzinga.

  • Goldman Sachs raised Groupon Inc (NASDAQ: GRPN) price target from $4.70 to $5.40. Groupon shares closed at $5.03 on Tuesday.
  • Barclays boosted the price target for Pure Storage Inc (NYSE: PSTG) from $19 to $22. Pure Storage shares closed at $16.16 on Tuesday.
  • Stifel increased the price target for Deere & Company (NYSE: DE) from $161 to $184. Deere shares closed at $167.54 on Tuesday.
  • Mizuho raised the price target on QUALCOMM, Inc. (NASDAQ: ...


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Chart School

Weekly Market Recap Jan 14, 2017

Courtesy of Blain.

After 3 days of mild “rest” – and the first down day of the year (!!) for the S&P 500, bulls came back with bells on Thursday and Friday, driving indexes to record highs yet again.  This is starting to get “parabolic”… some shades of the type of things we saw in 1999.  (See the S&P 500 and NASDAQ charts below)  The S&P 500 gained 1.6% and the NASDAQ 1.7% for the week.

“This reminds me of January 2000,” said Kent Engelke, chief economic strategist, at Capitol Securities Management, which manages $4 billion in assets, referring to the nearly unceasing climb to records for stocks and the unease it can inspire.  “It’s scary, the unrelenting advance,” he added.

“The move isn’t about fundamentals...



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Biotech

How Alzheimer's disease spreads throughout the brain - new study

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

 

How Alzheimer's disease spreads throughout the brain – new study

Courtesy of Thomas E CopeUniversity of Cambridge

Harmful tau protein spreads through networks. Author provided

Alzheimer’s disease is a devastating brain illness that affects an estimated 47m people worldwide. It is the most common cause of dementia in the Western world. Despite this, there are currently no treatments that are effective in curing Alzheimer’s disease or preventing its relentless progressio...



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Mapping The Market

Trump Admin Bans CDC From Using Words Like 'Science-Based,' 'Diversity'

By Jean-Luc

These are the policies of a theocracy, not a modern democracy:

Trump Admin Bans CDC From Using Words Like ‘Science-Based,’ ‘Diversity’

The Trump administration has prohibited the Centers for Disease Control and Prevention (CDC) from using words like “science-based,” “diversity,” and “transgender” in their official documents for next year’s budget, according to the Washington Post.

Senior CDC budget leader Alison Kelly met with the agency’s policy analysts on Thursday to announce ...



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Members' Corner

An Interview with David Brin

Our guest David Brin is an astrophysicist, technology consultant, and best-selling author who speaks, writes, and advises on a range of topics including national defense, creativity, and space exploration. He is also a well-known and influential futurist (one of four “World's Best Futurists,” according to The Urban Developer), and it is his ideas on the future, specifically the future of civilization, that I hope to learn about here.   

Ilene: David, you base many of your predictions of the future on a theory of historica...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

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 ...



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Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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All About Trends

Mid-Day Update

Reminder: Harlan 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...

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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...

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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.

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