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#PreMarket Prep Guest List For The Week Of December 22, 2014

Courtesy of Benzinga.

Brian Kelly, Curtis Erickson and Jerremy Newsome will all be guests on this shortened week of Benzinga's #PreMarket Prep broadcast, sponsored by Nadex.

Be sure to tune in at 8:00 am EST Monday-Friday here to tune in to the exciting show.

Don’t miss our #FedForecast2015 event either!

You can learn more about that here.

Monday, December 22, 8:35 a.m.

Jonathan Corpina (@JonathanCorpina), Senior Managing Partner at Meridian Equity Partners

Jonathan Corpina manages trading and sales on the Meridian NYSE trading desk. A NYSE member since 2001, Corpina is an elected executive floor governor, president of the Organization of Independent Floor Brokers and a board member of the Floor Members Emergency Fund.

9 a.m.
Dan Cook (@Nadex_US), Director of Business Development at Nadex
Dan Cook started trading equities in the 1990s before moving into futures and currencies in the 2000s. He’s worked with hundreds of individuals as a coach and mentor utilizing a technical approach to the markets with an absolute focus on risk management.

9:20 a.m.
Rev. Emmanuel Lemelson (@Lemelson), Chief Investment Officer of Lemelson Capital Management
Rev. Emmanuel Lemelson is the founder and president of the Lantern Foundation and also the Chief Investment Officer of Lemelson Capital Management. He writes extensively on the psychology of investment policy as well as on the ethics of contemporary legal and economic issues and has been quoted in USA Today, TheStreet, ValueWalk, Seeking Alpha and countless other places.

Tuesday, December 23, 8:35 a.m.

Nic Chahine (@racernic), Creating income with options spreads
Nic Chahine joins the show every Tuesday to discuss the week's options outlook.

9 a.m.

Jerremy Newsome (@newsomenuggets), CEO of RealLifeTrading.com

Jerremy Newsome is a 26-year-old trader and CEO of Real Life Trading. He used to have a college radio show called The Crockpot, and has done stand-up comedy and Brazilian jiu jitsu since he was 16.

9:20 a.m.

Curtis Erickson (@CurtisErickson), CEO of Erickson Wealth & Tax Management
Since 1986, Curtis has been working with Seattle area clients,…
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UBS Initiates Capitala Finance With Buy

Courtesy of Benzinga.

Related CPTA
Capitala Finance Corp. Announces Second Quarter Activity

Analysts at UBS initiated coverage on Capitala Finance Corp. (NASDAQ: CPTA) with a Buy rating.

The target price for Capitala Finance is set to $21.

Capitala Finance’s shares closed at $18.72 yesterday.

Latest Ratings for CPTA

Date Firm Action From To
Dec 2014 UBS Initiates Coverage on Buy
Nov 2014 Barclays Maintains Overweight
Nov 2014 Deutsche Bank Maintains Buy

View More Analyst Ratings for CPTA
View the Latest Analyst Ratings

Posted-In: UBSInitiation Analyst Ratings





Benzinga's Top Upgrades

Courtesy of Benzinga.

Related RYAAY
US Stock Futures Up Ahead Of Earnings
Imperial Capital Upgrades Ryanair Holdings To Outperform

Related UNM
Why Unum Group Was Upgraded At Compass Point
Compass Point Upgrades Unum To Buy

Imperial Capital upgraded Ryanair Holdings (NASDAQ: RYAAY) from In-line to Outperform. The price target for Ryanair Holdings has been raised from $60.00 to $85.00. Ryanair Holdings’ shares closed at $67.62 yesterday.

Compass Point upgraded Unum Group (NYSE: UNM) from Neutral to Buy. The price target for Unum has been raised from $38.00 to $40.00. Unum’s shares closed at $34.24 yesterday.

Analysts at Bank of America upgraded NVIDIA Corporation (NASDAQ: NVDA) from Underperform to Neutral. The price target for NVIDIA has been raised from $19.00 to $22.00. NVIDIA’s shares closed at $20.22 yesterday.

Analysts at SunTrust Robinson Humphrey upgraded CVS Health Corporation (NYSE: CVS) to Buy. The price target for CVS Health is set to $110. CVS Health’s shares closed at $95.52 yesterday.

Latest Ratings for RYAAY

Date Firm Action From To
Dec 2014 Imperial Capital Upgrades In-line Outperform
Jun 2014 DA Davidson Initiates Coverage on Buy
May 2014 Imperial Capital Downgrades Outperform In-line

View More Analyst Ratings for RYAAY
View the Latest Analyst Ratings

Posted-In: top upgradesUpgrades Analyst Ratings





#PreMarket Movers From December 19, 2014: NQ Mobile, BlackBerry, CarMax And More

Courtesy of Benzinga.

Related BBRY
#PreMarket Primer: Friday, December 19: U.S. Debates A Response To Sony Hackers
Earnings Scheduled For December 19, 2014
BlackBerry CEO Talks 'Classic' Debut, Strategy (Fox Business)

Aratana Therapeutics Inc (NASDAQ: PETX) +35% – Late Thursday, the company announced positive top-line results from AT-001 Pivotal Field study.

Red Hat Inc (NYSE: RHT) +11% – Shares are higher following the company’s financial results. In addition, Morgan Stanley and Bank of America raised the price target on shares of Red Hat.

CarMax, Inc (NYSE: KMX) +9.5% – The company reported favorable financial results Friday morning.

American Apparel Inc (NYSE: APP) +14% – The company is mentioned as a possible takeover candidate by the New York Post.

NVIDIA Corporation (NASDAQ: NVDA) +1.7% – Bank of America upgraded shares of NVIDIA to Neutral.

Celgene Corporation (NASDAQ: CELG) +1.5% – The company announced its has received a positive opinion for continuous oral treatment with REVLIMID from the European Medicines Agency’s Committee.

ImmunoGen, Inc. (NASDAQ: IMGN) -47% – Shares are sharply lower following the company announcement that Roche has announced top-line results of its Phase III MARIANNE study.

Teekay Tankers Ltd. (NYSE: TNK) -14% – The company announced a 20 million share offering. UBS downgraded the shares to Neutral.

Finish Line Inc (NASDAQ: FINL) -12% – The company reported third quarter results, missing EPS estimates.

BlackBerry Ltd (NASDAQ: BBRY) -10% – Shares are trending lower amid the company’s financial results, conference call.

Seadrill Ltd (NYSE: SDRL) -5% – Goldman Sachs downgraded Seadrill to Sell.

NQ Mobile Inc (ADR) (NYSE: NQ) -10% – Shares are lower following the company’s announcement of financial results for the first three quarters of 2014.

Nike Inc (NYSE: NKE) -2% – Shares a lower following the company’s financial results reported on Thursday after hours.

Posted-In: Pre-Market Outlook Movers





Oppenheimer Initiates Coverage On Twitter, Believes Stock Is Appropriately Priced At Current Levels

Courtesy of Benzinga.

Analysts at Oppenheimer initiated coverage of Twitter Inc (NYSE: TWTR) Friday by issuing a Perform rating and setting a $36.00 price target. Twitter is a global social networking platform with over 280 million active users.

The Numbers

While Oppenheimer analysts fully recognize the strength in Twitter as a company, they believe that Twitter’s stock is appropriately priced at current levels. “While TWTR is the best Internet platform for real-time content discovery, we believe that the stock’s current valuation of 10x 2015E sales, a 52% premium to peers, fully reflects future prospects based on current growth rates.”

Insider Dumping

Between November and December 2014, Twitter insiders have sold more than $75 million of Twitter stock at prices ranging between $36 and $42 per share.

Modest Downside

Twitter stock is up about 1 percent  at $37.37 on the news. Oppenheimer's $36 price target represents about a 2.7 percent downside for the stock from current levels. Twitter stock has had a rough 2014, down more than 41 percent year-to-date.

Other Analyst Action

In November, Monness Crespi & Hardt initiated Twitter stock at Neutral and set a $40 price target. Earlier this week, Pivotal Research Group upgraded Twitter from Hold to Buy and issued a $42 target.

Latest Ratings for TWTR

Date Firm Action From To
Dec 2014 Pivotal Research Upgrades Hold Buy
Dec 2014 Evercore ISI Maintains Buy
Dec 2014 JMP Securities Initiates Coverage on Market Outperform

View More Analyst Ratings for TWTR
View the Latest Analyst Ratings

Posted-In: OppenheimerAnalyst Color Short Ideas Price Target Initiation Analyst Ratings Trading Ideas





Evercore ISI Initiates Marriott International With Hold

Courtesy of Benzinga.

Related MAR
Citigroup Sees Marriott International Benefiting From U.S. Growth, Hikes Price Target
Benzinga's Top Downgrades
Making Money With Charles Payne: 11/13/14 (Fox Business)

Analysts at Evercore ISI initiated coverage on Marriott International, Inc. (NASDAQ: MAR) with a Hold rating.

The target price for Marriott is set to $79.

Marriott shares have surged 60.81% over the past 52 weeks, while the S&P 500 index has gained 11.23% in the same period.

Marriott’s shares rose 0.60% to close at $76.74 yesterday.

Latest Ratings for MAR

Date Firm Action From To
Dec 2014 Evercore ISI Initiates Coverage on Hold
Dec 2014 Citigroup Maintains Buy
Nov 2014 UBS Downgrades Buy Neutral

View More Analyst Ratings for MAR
View the Latest Analyst Ratings

Posted-In: Evercore ISIInitiation Analyst Ratings





Bank of America Upgrades Cepheid To Buy

Courtesy of Benzinga.

Related CPHD
UPDATE: Citigroup Reiterates On Cepheid Following Positive Data
Cepheid Receives FDA Clearance For Xpert Norovirus, The First On-Demand Molecular Test For Detection of Norovirus

Analysts at Bank of America upgraded Cepheid (NASDAQ: CPHD) from Neutral to Buy.

The price target for Cepheid has been raised from $56 to $60.

Cepheid shares have jumped 6.69% over the past 52 weeks, while the S&P 500 index has gained 11.23% in the same period.

Cepheid’s shares rose 4.71% to close at $49.79 yesterday.

Latest Ratings for CPHD

Date Firm Action From To
Dec 2014 Bank of America Upgrades Neutral Buy
Dec 2014 Citigroup Maintains Buy
Dec 2014 Oppenheimer Maintains Outperform

View More Analyst Ratings for CPHD
View the Latest Analyst Ratings

Posted-In: Bank of AmericaUpgrades Analyst Ratings





Keefe, Bruyette & Woods On Citigroup's Emerging Market Exposure

Courtesy of Benzinga.

Related C
Why Wells Fargo Stands Out From Every Other Mega-Bank (In 6 Charts)
Morgan Stanley Expects A Big Year For This Big Bank In 2015
In Biggest LBO of '14, BC Partners to Buy PetSmart (Fox Business)

Keefe, Bruyette & Woods issued an update on Citigroup Inc (NYSE: C) Wednesday and maintained a Market Perform rating and $54 price target.

Analysts Brian Kleinhanzl and Matthew Dinneen commented that “Citi’s shares have been weak relative to peers lately—down 9.2 percent from December 8th through yesterday versus 5.6 percent for peers, on average—and we believe geopolitical and currency risks in Russia have been a leading reason for C’s underperformance.”

Kleinhanzl believed “that the four countries that are most at risk of further weakening include: Venezuela, Russia, Argentina, and Brazil. The increased risk in these four regions (EM Group of Four) is largely oil related but it also pertains to capital flight risks, slowing economies, and deficits.”

“Although Russia is in focus these days, Citi actually has larger exposure to Brazil which has $27.4 billion of disclosed assets that represent 1.4 percent of the company’s total assets. Russia would be the second largest hot spot since Citi has $1.6 billion of net investment in Russia and total third-party assets of $7.4 billion in the company’s Russia subsidiary,” according to the analyst note.

Kleinhanzl estimated that a "70 percent write-down on Citi’s sovereign holding of Russia, Brazil, Argentina, and Venezuela securities would be $0.95 per share or 1.7 percent of TBV. Based on 20 percent security writedowns and 10 percent higher NCOs on C’s remaining exposure to Group of Four countries would be $2.33 billion, or $0.77 per share which is 1.3 percent of TBV ($57.53 at 3Q14)."

Citigroup closed Wednesday at $52.45, up 2.50 percent.

Latest Ratings for C

Date Firm Action From To
Oct 2014 Argus Research Upgrades Sell Hold
Oct 2014 Keefe Bruyette & Woods Reiterates Market Perform
Oct 2014 Oppenheimer Maintains Outperform

View More Analyst Ratings for C
View the Latest Analyst Ratings

Posted-In: Brian Kleinhanzl Keefe Bruyette & Woods Matthew DinneenAnalyst Color Analyst Ratings





Benzinga's Volume Movers

Courtesy of Benzinga.

Related PTRY
Quebec-Based Alimentation Couche-Tard Acquires The Pantry For $1.7 Billion
Stocks Hitting 52-Week Highs

Related OVAS
OvaScience Soars 35% Amid Positive Corporate Goals, Wedbush Upgrade
Morning Market Movers

The Pantry, Inc. (NASDAQ: PTRY) surged 2.57% to $36.43. The volume of Pantry shares traded 1616% higher than normal. Pantry agreed to be acquired by Couche-Tard for $36.75 per share in cash.

OvaScience, Inc. (NASDAQ: OVAS) shares rose 35.91% to $47.51. The volume of OvaScience shares traded was 1065% higher than normal. OvaScience shares surged following its announcement on Wednesday that it achieved its 2014 corporate goals.

MacroGenics, Inc. (NASDAQ: MGNX) shares moved up 6.22% to $31.07. The volume of MacroGenics traded was 655% higher than normal. MacroGenics’ PEG ratio is 0.09.

Sesa Sterlite Limited (NYSE: SSLT) shares climbed 3.54% to $13.16. The volume of Sesa Sterlite shares traded was 291% higher than normal. Sesa Sterlite shares have dropped 1.85% over the past 52 weeks, while the S&P 500 index has gained 11.23% in the same period.

Posted-In: volume moversNews Intraday Update Markets Movers





Analysts, Investors In The Dark On NQ Mobile

Courtesy of Benzinga.

Related NQ
NQ Mobile Stakeholder Is Not Necessarily Bullish, Sees Potential Value In Convertibles
Rosenblatt Securities Analyst On NQ Mobile Audit: 'I Think The Clean 20F Already Speaks For Itself'

NQ Mobile Inc (NYSE: NQ) has analysts and investors in the dark about its performance ahead of plans to unveil results for no less than its three most recent three quarters on Thursday night.

Rosenblatt Securities Jun Zhang said that regardless of the numbers, there isn't much downside risk lurking in recent results.

The Chinese Internet service provider, accused of fraud more than a year ago by short-seller Carson Block's Muddy Waters LLC, is off more than 65 percent year-to-date.

NQ shares closed Thursday at $5.03, up 3.5 percent. In the after-hours session, share were up 3.4 percent at $5.20.

Zhang said the company's release of its 2013 audited results in October after a series of painful delays have already put to rest fraud allegations.

"[It] just says the company is clean, no matter what," Zhang said.

The December 10 departure of NQ's co-chief executive Henry Yu Lin is "a tough thing to see, even if they give you the excuse of it was not related to the company,” Dinsmore Capital's James Dinsmore told Benzinga.

NQ said Lin left for "family reasons."

Dinsmore, a top 10 shareholder in NQ Mobile, said he's "not necessarily bullish," but called the release of recent results "a step in the right direction" toward regaining investor confidence.

But since the company hasn't posted results in nearly a year, regaining that confidence will require a "re-education" of investors, Topeka analyst Frederick Ziegel told Benzinga.

"The story is going to be dramatically different than it was a year ago," Ziegel said, adding that without recent numbers he "has no idea" how the company is performing.

“My guess is revenues will be higher than people had thought previously," Ziegel said, "and I suspect margins will be lower.”

Latest Ratings for NQ

Date Firm Action From To
Nov 2013 Topeka Capital Maintains Buy
Nov 2013 Topeka Capital Maintains Buy
Oct 2013 Oppenheimer Downgrades Outperform Perform

View More Analyst Ratings for NQ
View the Latest Analyst Ratings

Posted-In: Dinsmore Capital Frederick Ziegel James Dinsmore Jun ZhangAnalyst Color Previews Analyst Ratings Trading Ideas





 
 
 

Zero Hedge

THe INTeRViEW...

Courtesy of ZeroHedge. View original post here.

Submitted by williambanzai7.

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Who knows what evil lurks in the minds of Un...

 

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What do you think would happen if someone dared to produce a movie about a plot to ass-asinate the Butt-tard in Chief?

 

 

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Misdirection: Instead of torture victims, we are now supposed to feel sorry for a hacked politically incorrect Hollywood studio...

...

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Chart School

Can you make a living trading Springs and UpThrusts?

Courtesy of Read the Ticker.

We tell the truth about trading springs and upthrusts, no holding back!

More from RTT Tv

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net Investing Quote...

..“The market always tells you what to do. It tells you: Get in. Get out. Move your stop. Close out. Stay neutral. Wait for a better chance. All these things the market is continually impressing upon you, and you must get into the frame of mind where you are in reality taking your orders from the action of the market itself — from the tape.”…

Richard D. Wyckoff
.."Markets are constantly in a state of unce...



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Phil's Favorites

Evolution of YouTube: Will it Supplant Mainstream TV, Vanish, Evolve, or Languish?

Courtesy of Mish.

What will become of YouTube?

It started from nowhere about 10 years ago as an idea with no revenue and no content, then pretty quickly lots of content coupled with a plethora of copyright infringement lawsuits.

Today, YouTube gets 300 million hours of watching every day. Top content producers have millions of followers and make millions of dollars.

But where to from here?

New Play Button

The New York Times tackles that question in a fascinating story YouTube’s Chief, Hitting a New ‘Play’ Button.

The article is about Susan Wojcicki, the chief executive of YouTube, how she got her start, and in turn how Google got its s...



more from Ilene

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...

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Insider Scoop

#PreMarket Prep Guest List For The Week Of December 22, 2014

Courtesy of Benzinga.

Brian Kelly, Curtis Erickson and Jerremy Newsome will all be guests on this shortened week of Benzinga's #PreMarket Prep broadcast, sponsored by Nadex.

Be sure to tune in at 8:00 am EST Monday-Friday here to tune in to the exciting show.

Don’t miss our #FedForecast2015 event either!

You can learn more about that here.

Monday, December 22, 8:35 a.m.

Jonathan Corpina (...



http://www.insidercow.com/ more from Insider

Digital Currencies

Chart o' the Day: Don't "Invest" in Stupid Sh*t

Joshua commented on the QZ article I posted a couple days ago and perfectly summarized the take-home message into an Investing Lesson. 

Chart o’ the Day: Don’t “Invest” in Stupid Sh*t

Courtesy of 

The chart above comes from Matt Phillips at Quartz and is a good reminder of why you shouldn’t invest in s...



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OpTrader

Swing trading portfolio - week of December 15th, 2014

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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Sabrient

Sector Detector: Energy sector rains on bulls' parade, but skies may clear soon

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

Courtesy of Scott Martindale of Sabrient Systems and Gradient Analytics

Stocks have needed a reason to take a breather and pull back in this long-standing ultra-bullish climate, with strong economic data and seasonality providing impressive tailwinds -- and plummeting oil prices certainly have given it to them. But this minor pullback was fully expected and indeed desirable for market health. The future remains bright for the U.S. economy and corporate profits despite the collapse in oil, and now the overbought technical condition has been relieved. While most sectors are gathering fundamental support and our sector rotation model remains bullish, the Energy sector looks fundamentally weak and continues to ran...



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Stock World Weekly

Stock World Weekly

Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.

Here's this week's Stock World Weekly.

Click here and sign in with your user name and password. 

 

...

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Option Review

SPX Call Spread Eyes Fresh Record Highs By Year End

Stocks got off to a rocky start on the first trading day in December, with the S&P 500 Index slipping just below 2050 on Monday. Based on one large bullish SPX options trade executed on Wednesday, however, such price action is not likely to break the trend of strong gains observed in the benchmark index since mid-October. It looks like one options market participant purchased 25,000 of the 31Dec’14 2105/2115 call spreads at a net premium of $2.70 each. The trade cost $6.75mm to put on, and represents the maximum potential loss on the position should the 2105 calls expire worthless at the end of December. The call spread could reap profits of as much as $7.30 per spread, or $18.25mm, in the event that the SPX ends the year above 2115. The index would need to rally 2.0% over the current level...



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Market Shadows

Official Moves in the Market Shadows' Virtual Portfolio

By Ilene 

I officially bought 250 shares of EZCH at $18.76 and sold 300 shares of IGT at $17.09 in Market Shadows' Virtual Portfolio yesterday (Fri. 11-21).

Click here for Thursday's post where I was thinking about buying EZCH. After further reading, I decided to add it to the virtual portfolio and to sell IGT and several other stocks, which we'll be saying goodbye to next week.

Notes

1. th...



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Pharmboy

Biotechs & Bubbles

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

Well PSW Subscribers....I am still here, barely.  From my last post a few months ago to now, nothing has changed much, but there are a few bargins out there that as investors, should be put on the watch list (again) and if so desired....buy a small amount.

First, the media is on a tear against biotechs/pharma, ripping companies for their drug prices.  Gilead's HepC drug, Sovaldi, is priced at $84K for the 12-week treatment.  Pundits were screaming bloody murder that it was a total rip off, but when one investigates the other drugs out there, and the consequences of not taking Sovaldi vs. another drug combinations, then things become clearer.  For instance, Olysio (JNJ) is about $66,000 for a 12-week treatment, but is approved for fewer types of patients AND...



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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 jennifersurovy@yahoo.com 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.

http://www.youcaring.com/medical-fundraiser/help-get-shadowfax-out-from-the-darkness-of-medical-bills-/126743

Thank you for you time!




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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 >>


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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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