Author Archive for Insider Scoop

Earnings Scheduled For November 20, 2017

Courtesy of Benzinga.

Earnings Scheduled For November 20, 2017

Companies Reporting Before The Bell

  • Bitauto Hldg Ltd (ADR) (NYSE: BITA) is expected to report quarterly earnings at $0.29 per share on revenue of $335.93 million.
  • Star Bulk Carriers Corp. (NASDAQ: SBLK) is estimated to report a quarterly loss at $0.04 per share on revenue of $66.32 million.
  • Northern Technologies International Corp (NASDAQ: NTIC) is projected to report earnings for its fourth quarter.
  • Micronet Enertec Technologies Inc (NASDAQ: MICT) is expected to report earnings for its third quarter.
  • UTStarcom Holdings Corp (NASDAQ: UTSI) is estimated to report earnings for its third quarter.

Companies Reporting After The Bell

  • Agilent Technologies Inc (NYSE: A) is projected to post quarterly earnings at $0.62 per share on revenue of $1.17 billion.
  • Intuit Inc. (NASDAQ: INTU) is expected to post quarterly earnings at $0.05 per share on revenue of $855.22 million.
  • Beacon Roofing Supply, Inc. (NASDAQ: BECN) is projected to post quarterly earnings at $0.94 per share on revenue of $1.26 billion.
  • Palo Alto Networks Inc (NYSE: PANW) is estimated to post quarterly earnings at $0.69 per share on revenue of $489.27 million.
  • Urban Outfitters, Inc. (NASDAQ: URBN) is expected to post quarterly earnings at $0.33 per share on revenue of $859.95 million.
  • Vipshop Holdings Ltd – ADR (NYSE: VIPS) is projected to post quarterly earnings at $0.14 per share on revenue of $2.28 billion.
  • Cubic Corporation (NYSE: CUB) is expected to post quarterly earnings at $0.26 per share on revenue of $435.68 million.
  • Tarena International Inc(ADR) (NASDAQ: TEDU) is estimated to post quarterly earnings at $0.32 per share on revenue of $84.56 million.
  • Enanta Pharmaceuticals Inc (NASDAQ: ENTA) is expected to post quarterly earnings at $2.13 per share on revenue of $73.12 million.
  • Amtech Systems, Inc. (NASDAQ: ASYS) is projected to post quarterly earnings at $0.09 per share on revenue of $46.88 million.
  • ZTO Express (Cayman) Inc (ADR) (NYSE: ZTO) is expected to post quarterly earnings at $0.15 per share on revenue of $454.28 million.

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





2 Reasons First Data Was Just Upgraded By BMO Capital

Courtesy of Benzinga.

2 Reasons First Data Was Just Upgraded By BMO Capital

Shares of First Data Corp (NYSE: FDC) have pulled back since its third quarter earnings report, which prompted some analysts to become more constructive on the stock.

The Analyst

BMO Capital Markets’ Paulo Ribeiro upgraded First Data’s stock from Market Perform to Outperform with a price target raised from $19 to $21.50.

The Thesis

First Data’s stock has lost around 12 percent since its third quarter results and is now “attractive,” Ribeiro said in a Sunday upgrade note. The bullish case for owning First Data’s stocks is twofold, the analyst said:

  • A more visible path for global business solutions to reach industry level growth levels.
  • A higher valuation from improved net operating losses moving forward on normalized GAAP tax rate.

First, the GBS North American segment represents 44 percent of the entire company’s revenue and there is a “credible path” to achieve a mid-single digits growth rate in fiscal 2019, Ribeiro said. That path is a recovery in JV and SMB channels, and a high-teens growth rate contribution from the recently created integrated payments channel, he said. 

Second, the analyst’s valuation of the fintech company on an EV/EBITDA basis now values the company’s net operating loss carry-forwards, or NOLs, at $1.25 per share, which marks an increase from 50 cents.

The improved valuation is mostly due to expectations that the reversal of valuation allowances will take place sooner than expected, according to BMO. First Data has yet to record any federal book taxes in the U.S., and the deferred tax asset could be used to offset any pretax income, likely through fiscal 2020, Ribeiro said. 

Price Action

Shares of First Data have gained 18 percent since the start of 2017 and are up 4.6 percent since the company’s 2015 IPO.

Related Links:

From Visa To PayPal: Which Payment Sector Stocks Will Pay Off?

Credit Suisse Adjusts Its Top Picks List In A Record-Breaking Market

Latest Ratings for FDC

Date Firm Action From To
Nov 2017 BMO Capital Upgrades Market Perform Outperform
Nov 2017 Nomura Maintains Neutral
Oct 2017 Wedbush Upgrades Neutral Outperform

View More Analyst Ratings for FDC


View the Latest Analyst Ratings

Posted-In: BMO Capital First Data Paul RibeiroAnalyst Color Upgrades Price Target Analyst Ratings Best of Benzinga





The Bull And Bear Cases For Hudson Pacific Properties

Courtesy of Benzinga.

The Bull And Bear Cases For Hudson Pacific Properties

Hudson Pacific Properties Inc (NYSE: HPP) reported in-line earnings results Nov. 2 and the stock has rallied around 5 percent since the event.

The Analyst

Goldman Sachs’ Andrew Rosivach downgraded Hudson Pacific Properties from Buy to Hold and reduced the price target from $39 to $36.50.

The Thesis

The stock is fairly valued given the slowdown in West Coast office employment growth and significant near-term leasing risk, Rosivach said in a Monday note. (See Rosivach’s track record here.) 

Goldman Sachs’ 2018 FFO per-share expectations are 4 percent below consensus, mainly due to the end of the Cisco Systems, Inc. (NASDAQ: CSCO) lease at Campus Center in Milpitas, California, the analyst said. 

In the bull case scenario, Rosivach said he sees a possibility for stronger-than-expected releasing activity with higher spreads and/or higher releasing volumes. On the other hand, a bear case scenario is likely in the event of more significant macro deterioration leading to lower-than-expected occupancy and releasing spreads, the analyst said. 

The Price Action

The stock opened the trading session 2.82 percent lower Monday, but spiked immediately and it is currently trading 0.1 percent higher.

Related Links:

Analyst Loves Acadia Realty’s Strategy, But Not Its Valuation

3 REITs To Get Bullish On In 2018 

Latest Ratings for HPP

Date Firm Action From To
Nov 2017 Goldman Sachs Downgrades Buy Neutral
Aug 2017 Barclays Maintains Overweight
Mar 2017 Mizuho Downgrades Buy Neutral

View More Analyst Ratings for HPP


View the Latest Analyst Ratings

Posted-In: Andrew Rosivach CiscoAnalyst Color REIT Downgrades Price Target Analyst Ratings Real Estate Best of Benzinga





10 Stocks To Watch For November 17, 2017

Courtesy of Benzinga.

10 Stocks To Watch For November 17, 2017

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Foot Locker, Inc. (NYSE: FL) to report quarterly earnings at $0.81 per share on revenue of $1.83 billion before the opening bell. Foot Locker shares rose 1.73 percent to $32.40 in after-hours trading.
  • Shoe Carnival, Inc. (NASDAQ: SCVL) reported better-than-expected results for its third quarter. Shoe Carnival shares surged 19.73 percent to $24.70 in the after-hours trading session.
  • Gap Inc (NYSE: GPS) posted stronger-than-expected earnings for its third quarter and increased its FY17 guidance. Gap shares jumped 7.71 percent to $29.60 in the after-hours trading session.
  • Analysts are expecting Abercrombie & Fitch Co. (NYSE: ANF) to have earned $0.22 per share on revenue of $818.66 million in the latest quarter. Abercrombie & Fitch will release earnings before the markets open. Abercrombie & Fitch gained 0.16 percent to $12.57 in after-hours trading.
  • Splunk Inc (NASDAQ: SPLK) reported upbeat results for its third quarter and raised its FY18 sales outlook. Splunk shares climbed 13.59 percent to $78.72 in the after-hours trading session.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

  • Before the markets open, Hibbett Sports, Inc. (NASDAQ: HIBB) is estimated to report quarterly earnings at $0.22 per share on revenue of $219.69 million. Hibbett Sports shares dropped 0.34 percent to $14.80 in after-hours trading.
  • Ross Stores, Inc. (NASDAQ: ROST) reported stronger-than-expected results for its third quarter and raised its Q4 sales guidance. Ross Stores shares surged 8.08 percent to $71.00


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Morgan Stanley Thinks Ross Stores Was ‘Stellar Across The Board’

Courtesy of Benzinga.

Morgan Stanley Thinks Ross Stores Was 'Stellar Across The Board'

Ross Stores, Inc. (NASDAQ: ROST) reported Thursday its third quarter earnings, which exceeded expectations by a notable margin.

The Analyst

Morgan Stanley’s Kimberly Greenberger maintains an Overweight rating on Ross Stores’ stock with a price target boosted from $70 to $77.

The Thesis

Ross Stores’ earnings report was “stellar across the board” and exceeded even the “most bullish expectations,” Greenberger said in a note. For instance, the off-price retailer’s 4 percent comp not only came in ahead of expectations of a 1-2 percent comp, but could prove to be “one of the best results in our coverage” on both a one-year and two-year basis. The company also benefited from both traffic and units per transaction, which is particularly impressive at a time when the retail environment as a whole is volatile.

Management’s fourth quarter comp guidance of 2 to 3 percent is merely “icing on the cake” and could prove to be conservative given the strong momentum seen in the third quarter, the analyst said. Investors could expect to see “significantly more” earnings upside and the market will “continue to reward the stock.”

Off-price retailers like Ross Stores continue to steal market share from department stores and specialty retailers and there are “no signs of the beat and raise story stopping in 4Q or 2018.”

Price Action

Shares of Ross Stores were trading higher by more than 8 percent Friday morning at $71.50, which is above the stock’s 52-week high of $69.81.

Related Links:

Amazon Can’t Win The Battle Against Off-Price Retailers

TJX, Ross And Burlington Will Open The Same Number Of Stores Macy’s, Sears And JC Penney Are Closing

Latest Ratings for ROST

Date Firm Action From To
Nov 2017 Morgan Stanley Maintains Overweight
Oct 2017 Buckingham Assumes Neutral
Sep 2017 JP Morgan Upgrades Neutral Overweight

View More Analyst Ratings for ROST


View the Latest Analyst Ratings

Posted-In: Department Stores Kimbergly Greenberger Morgan Stanley Off Price Retailers retail earningsAnalyst Color Price Target Analyst Ratings Best of Benzinga





A Peek Into The Markets: U.S. Stock Futures Edge Lower Ahead Of Earnings

Courtesy of Benzinga.

A Peek Into The Markets: U.S. Stock Futures Edge Lower Ahead Of Earnings

Pre-open movers

U.S. stock futures traded slightly lower in early pre-market trade, ahead of earnings from Abercrombie & Fitch Co. (NYSE: ANF) and Buckle Inc (NYSE: BKE). Data on housing starts for October will be released at 8:30 a.m. ET, while report on e-commerce retail sales for the third quarter is schedule for release at 10:00 a.m. ET. The Kansas City Fed manufacturing index for November will be released at 11:00 a.m. ET. San Francisco Federal Reserve Bank President John Williams is set to speak in Berkeley, California at 12:45 p.m. ET.

Futures for the Dow Jones Industrial Average dropped 28 points to 23,396.00, while the Standard & Poor’s 500 index futures declined 3 points to 2,582.00. Futures for the Nasdaq 100 index fell 1.25 points to 6,339.75.

Oil prices traded higher as Brent crude futures rose 1.06 percent to trade at $62.01 per barrel, while US WTI crude futures gained 1.49 percent to trade at $55.96 a barrel. The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.

A Peek Into Global Markets

European markets were mostly higher today, with the Spanish Ibex Index falling 0.37 percent, STOXX Europe 600 Index declining 0.21 percent and German DAX 30 index gaining 0.05 percent. The UK’s FTSE index was trading higher by 0.09 percent, while French CAC 40 Index rose 0.04 percent.

In Asian markets, Japan’s Nikkei Stock Average rose 0.20 percent, Hong Kong’s Hang Seng Index climbed 0.62 percent, China’s Shanghai Composite Index dipped 0.48 percent and India’s BSE Sensex climbed 0.71 percent.

Broker Recommendation

Analysts at RBC Capital upgraded L Brands Inc (NYSE: LB) from Sector Perform to Outperform.

L Brands shares rose 1.10 percent to $49.66 in…
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Foot Locker Up 20% After Q3 Beat

Courtesy of Benzinga.

Foot Locker, Inc. (NYSE: FL) shares are trading higher by $7.55 (22 percent) at $39.40 in Friday’s session.

The catalyst for the rally is a Q3 EPS beat of 7 cents along with a sales beat of $40 million.

Related Link: These Battle-Scarred Retailers Have More Downside To Come

After a much higher open, Foot Locker’s stock rallied another 40 cents to $41.73 before reversing course. The ensuing decline took the stock to $38.26 and the rebound off that low has been capped at $40.30.

The stock hasn’t closed over $40.00 since Aug. 17, when it ended that session at $47.70. The following day it swooned to $34.38 after reporting a huge Q3 loss on lower sales.

Posted-In: Technicals Intraday Update Movers Trading Ideas





Elon Musk Takes Another Shot At Tesla Short Sellers, Calls Them ‘Jerks Who Want Us To Die’

Courtesy of Benzinga.

Elon Musk Takes Another Shot At Tesla Short Sellers, Calls Them 'Jerks Who Want Us To Die'

In a new interview with Rolling Stone, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk once again took shots at Tesla short sellers for what he says is “hurtful” behavior. It’s not the first time Musk has lashed out at short sellers, a topic most CEOs rarely acknowledge.

The Blame Game

“They’re jerks who want us to die,” Musk said in the Rolling Stone interview. “They’re constantly trying to make up false rumors and amplify any negative rumors. It’s a really big incentive to lie and attack my integrity. It’s really awful.”

Musk has a long history of speaking up about Tesla’s short sellers and teasing them when Tesla stock rises. After Tesla’s first quarter earnings beat back in April, Musk took to Twitter to taunt short sellers.

Stormy weather in Shortville …

— Elon Musk (@elonmusk) April 3, 2017

Musk tweeted a nearly identical message taunting short sellers back in 2013.

Seems to be some stormy weather over in Shortville these days

— Elon Musk (@elonmusk) April 25, 2013

Tesla’s Unique Position

While short selling is part of the equation for every single public company, Tesla is in a unique situation due to the overwhelming size of the bearish bets against the company. According to financial analytics firm S3 Partners, Tesla’s total global short interest currently stands at $8.6 billion, making it the most heavily shorted stock in the entire U.S. market.

So far in 2017, Musk has gotten the best of his “hurtful” short selling counterparts. “Tesla shorts have been the ones who have been hurting for almost two years, maybe now the shoe is on the other foot,” S3 analyst Ihor Dusaniwsky said.

The End Of An Era?

Earlier this week, hedge fund manager Jim Chanos said he expects Musk to resign from his position as…
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46 Biggest Movers From Yesterday

Courtesy of Benzinga.

Gainers

  • MoSys Inc. (NASDAQ: MOSY) shares jumped 112.42 percent to close at $1.45 on Tuesday after third-quarter earnings came in well ahead of estimates. The company also beat sales estimates by nearly $1 million.
  • Veritone Inc (NASDAQ: VERI) shares gained 37.74 percent to close at $28.98 on Tuesday. Veritone reported the immediate availability of its aiWARE™ platform on AWS Marketplace.
  • Ossen Innovation Co Ltd (ADR) (NASDAQ: OSN) shares rose 34.76 percent to close at $2.83.
  • Remark Holdings, Inc. (NASDAQ: MARK) surged 29.65 percent to close at $4.81 on Tuesday. Remark Holdings reported Q3 loss of $0.58 per share on revenue of $19.4 million.
  • Buffalo Wild Wings (NASDAQ: BWLD) shares climbed 23.97 percent to close at $145.35 on a $2.3 billion takeover bid submitted by private-equity firm Roark Capital. The firm’s bid for the restaurant chain is worth over $150 per share.
  • Kulicke and Soffa Industries Inc. (NASDAQ: KLIC) shares jumped 20.39 percent to close at $28.52 after reporting stronger-than-expected quarterly results.
  • Image Sensing Systems, Inc. (NASDAQ: ISNS) climbed 17.54 percent to close at $3.35 on Tuesday after reporting third-quarter EPS and revenue growth year-over-year.
  • Phoenix New Media Ltd ADR (NYSE: FENG) gained 17.35 percent to close at $6.29. Phoenix New Media reported Q3 adjusted earnings of $0.07 per share on revenue of $64 million.
  • Advance Auto Parts, Inc. (NYSE: AAP) gained 16.29 percent to close at $95.72 after the company reported better-than-expected profit for its third quarter.
  • International Game Technology (NYSE: IGT) shares gained 15.09 percent to close at $27.45 as the company reported stronger-than-expected earnings for its third quarter.
  • Ominto Inc (NASDAQ: OMNT) shares rose 14.91 percent to close at $3.70.
  • Famous Dave’s of America, Inc. (NASDAQ: DAVE) shares jumped 14.10 percent to close at $4.45. Craig-Hallum upgraded Famous Dave’s of America from Hold to Buy.
  • Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) shares rose 11.07 percent to close at $13.45. Zynerba Pharmaceuticals reported a Q3 loss of $0.63 per share.
  • SemiLEDs Corporation (NASDAQ: LEDS) surged 10.95 percent to close at $2.80. SemiLEDs is expected to release Q4 results on November


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8 Stocks To Watch For November 15, 2017

Courtesy of Benzinga.

8 Stocks To Watch For November 15, 2017

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Target Corporation (NYSE: TGT) to report quarterly earnings at $0.86 per share on revenue of $16.54 billion before the opening bell. Target shares rose 0.60 percent to $60.45 in after-hours trading.
  • Analysts expect Cisco Systems, Inc. (NASDAQ: CSCO) to post quarterly earnings at $0.6 per share on revenue of $12.11 billion after the closing bell. Cisco shares slipped 0.26 percent to $33.95 in after-hours trading.
  • Sorl Auto Parts, Inc. (NASDAQ: SORL) reported strong results for its third quarter. The company reported Q3 EPS of 44 cents, up from 17 cents in the same quarter of last year. The company reported sales of $101.33 million, up from $63.7 million in the same quarter of last year. Sorl Auto shares surged 38.9 percent to $8.32 in the after-hours trading session.
  • Analysts are expecting Childrens Place Inc (NASDAQ: PLCE) to have earned $2.47 per share on revenue of $480.28 million in the latest quarter. Childrens Place will release earnings before the markets open. Childrens Place shares gained 0.52 percent to $114.50 in after-hours trading.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

  • Beazer Homes USA, Inc. (NYSE: BZH) reported better-than-expected results for its fourth quarter on Tuesday. Beazer Homes shares climbed 4.13 percent to $22.45 in the after-hours trading session.
  • Wall Street expects L Brands Inc (NYSE: LB) to post quarterly earnings at $0.29 per share on revenue of $2.57 billion after the closing bell. L Brands shares gained 1.14 percent to $49.83 in after-hours trading.
  • Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) reported a proposed secondary offering of common stock. Achillion Pharmaceuticals shares dropped 7.86 percent to $3.40 in the after-hours trading session.
  • After the markets close, NetApp Inc. (NASDAQ: NTAP) is estimated to post quarterly earnings at $0.69 per share on revenue of $1.38 billion. NetApp shares rose 1.86 percent to $46.47 in after-hours trading.

Posted-In: Stocks To WatchEarnings News Pre-Market Outlook Markets Trading Ideas





 
 
 

Zero Hedge

Why Is The DOJ Downplaying Reports Of Proof Linking Obama And Clinton To Russian Corruption

Courtesy of ZeroHedge. View original post here.

Following the release of the identity of the FBI informant, Justice Department officials in recent days said that informant William Campbell’s prior work won’t shed much light on the U.S. government’s controversial decision in 2010 to approve Russia’s purchase of the Uranium One mining company and its substantial U.S. assets.

...



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Phil's Favorites

COP 23: three ways cities are leading the fight against climate change

 

COP 23: three ways cities are leading the fight against climate change

Courtesy of Barbara NormanUniversity of Warwick

Mettus / Shutterstock.com

The global population is predicted to rise to 10 billion by 2050, and the majority of those people will live in cities. Given that cities ...



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Digital Currencies

As Bitcoin Tops $8,200, Only 39% Of Survey Respondents Say It's A Bubble

Courtesy of ZeroHedge. View original post here.

Having first surged above $8000 overnight amid Zimbabwe's chaos, it appears uncertainty in the core of Europe has driven further demand for cryptocurrencu protection, sending Bitcoin to a new record high of $8247 - up 50% from the 'Bitcoin Cash' crash weekend lows.

...



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Insider Scoop

Earnings Scheduled For November 20, 2017

Courtesy of Benzinga.

Companies Reporting Before The Bell
  • Bitauto Hldg Ltd (ADR) (NYSE: BITA) is expected to report quarterly earnings at $0.29 per share on revenue of $335.93 million.
  • Star Bulk Carriers Corp. (NASDAQ: SBLK) is estimated to report a quarterly loss at $0.04 per share on revenue of $66.32 million.
  • Northern Tech...


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Chart School

Weekly Market Recap Nov 19, 2017

Courtesy of Blain.

Monday, Tuesday, and Friday saw the now usual “no volatility” days – while bears finally saw some action on Wednesday, bulls came right back Thursday with even bigger gains.  So while we have been cautious on the market for 3 weeks now all that has meant is consolidation in the market (granted the Russell 2000 has taken some hits).  For the week the S&P 500 fell 0.3% while the NASDAQ gained 0.5%. Economic news was light (we cover retail sales below), and earnings are coming to their tail end so we are in a bit of a news vacuum as negotiations about the tax reform bills will take the reigns.

Retail sales slowed in October, rising...



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Biotech

The two obstacles that are holding back Alzheimer's research

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

 

The two obstacles that are holding back Alzheimer's research

Courtesy of Todd GoldeUniversity of Florida

Family members often become primary caregivers for loved ones with Alzheimer’s disease. tonkid/Shutterstock.com

Thirty years ago, scientists began to unlock the mysteries regarding the cause of Alzheimer’...



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ValueWalk

Robert Mugabe Under House Arrest, Military Takes Control Of Zimbabwe

By Andjela Radmilac. Originally published at ValueWalk.

Zimbabwe’s head of state, 93-year-old Robert Mugabe, has been placed under house arrest after what seems to be a military coup took place in the nation’s capital.

By U.S. Navy photo by Mass Communication Specialist 2nd Class Jesse B. Awalt/Released [Public domain], via Wikimedia CommonsRobert Mugabe is safe

Following numerous reports on social media late Thursday night about the increased military presence in Harare, the capital of Zimbabwe, the country’s military took...



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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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Mapping The Market

Puts things in perspective

Courtesy of Jean-Luc

Puts things in perspective:

The circles don't look to be to scale much!

...

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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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