Archive for the ‘Benzinga’ Category

Tyson Foods' Stock Ticks Higher Following Q1 Print

Courtesy of Benzinga.

Related TSN
7 Stocks You Should Be Watching Today
Earnings Scheduled For February 5, 2016
Tyson Foods beats by $0.26, misses on revenue (Seeking Alpha)

Shares of Tyson Foods, Inc. (NYSE: TSN) were trading higher by more nearly 4 percent early Friday morning after the company reported its first quarter results.

Tyson Foods earned $1.15 per share in the first quarter on revenue of $9.152 billion. Wall Street analysts were expecting the company to earn $0.89 per share on revenue of $10 billion.

Adjusted operating income for the quarter rose to $776 million from $564 million in the same quarter a year ago. The company also reported a record total company operating margin of 8.5 percent.

Tyson Foods noted that its record cash flow of $1.1 billion in the quarter allowed for $300 million of share repurchases in the quarter, bringing its total buybacks to $550 million over the past two quarters, plus an additional $200 million to date in the second quarter. As such, the company's Board of Directors authorizes an increase to its share buyback program of 50 million shares.

"Our on-going efforts to invest in and grow our Core 9 product lines are paying off as sales volume for the most recent four week period was up 4%," said Donnie Smith, president and chief executive officer of Tyson Foods. "The Core 9 product lines represent our strongest brands, greatest pricing power and best category growth opportunities and are major contributors to volume and profitability in the retail channel. The Core 9 is composed of nine retail product lines in the Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, State Fair® and Aidells® brands.

Looking forward to fiscal 2016, Tyson Foods is now guiding its fiscal 2016 earnings per share to a range of $3.85 to $3.95 – exceeding the $3.63 per share analysts were already estimating. The company also cut its full year sales outlook from $41 billion to $37 billion – short of the $39.8 billion analysts were already estimating.

Posted-In: Food Companies Food Margins food stocks Tyson FoodsEarnings News Guidance Movers

Could Tesla Motors Inc Stock Be Headed For Double Digits?

Courtesy of Benzinga.

Could Tesla Motors Inc Stock Be Headed For Double Digits?
Related TSLA
Watch Out Below? Tesla Motors Inc Is Breaking 5-Year Support Levels
Fitbit, Tesla Lead List Of Hot Stocks In Short-Selling Circles
Commodity Stocks Up; Healthcare Gutted – Bezek's Daily Briefing (Seeking Alpha)

Tesla Motors Inc (NASDAQ: TSLA) shares have distanced themselves from the $200 area since January 25. On that day, it peaked at $203.57 and sold off to the end the session at $193.56.

It did make one attempt on Monday to clear that important psychological technical level, but was was turned back at $199.52. In Friday's session, it can't find a bottom, continuing to make new lows for the day.

But even if it does rebound, is it only a matter of time before it crashes and burns and falls into double digits? For those Tesla bulls that want to dismiss this thesis as hogwash, let's take a gander at what's happening.

Around The Market

Many former high multiple or issues with exorbitant price-to-earnings ratios are being slaughtered. Investors are instead flocking to high-dividend cash cows such as AT&T Inc. (NYSE: T) (higher by 7 percent in 2016) and Verizon Communications Inc. (NYSE: VZ) (higher by 10 percent). Many utility stocks have also had impressive rallies.

Was is out of the question prior to its Q4 earnings report that LinkedIn Corp (NYSE: LNKD) would be trading near double digits?

Of course it was. With a close of $192.28, how bad would the report have to be cut the issue in half? Its Q4 beat with slightly better revenues was not the problem. However, the company slashed its FY 2016 EPS and sales guidance. The rest is history. At this time, it has found intra-day support at $110.01 and rebounded towards $120.

Related Link: Watch Out Below? Tesla Motors Inc Is Breaking 5-Year Support Levels

Along these lines, Tableau Software Inc (NYSE: DATA) is undergoing an unannounced 2-for-1 stock split in Friday's session. It fell from Friday's close ($81.75)…
continue reading

Fitbit, Tesla Lead List Of Hot Stocks In Short-Selling Circles

Courtesy of Benzinga.

Fitbit, Tesla Lead List Of Hot Stocks In Short-Selling Circles
Related CALM
Structural Volatility Won't End For Several Years, Derivatives Strategist Says
11 Different Ways To Play The Bear Market (From 11 Traders)
Eggs Paying Dividends (Seeking Alpha)
Related DDD
Desktop 3D Printers Shown To Emit Hazardous Gases, New Report Says
Why Did Jefferies Cut Targets On Stratasys And 3D Systems?
3D printing stocks see strong two-day rally following Voxeljet's guidance (Seeking Alpha)

Sungard's Astec Analytics delivers valuable market information to financials institutions involved in securities borrowing, lending and short selling.

Here is a list of 6 'hot stocks' Sungard's Karl Loomes highlighted.

Top Pick: Fitbit

According to Loomes, there is no "shortage of competition" within the wearable technology space and Fitbit Inc (NYSE: FIT)'s stock is the top pick in his 'hot stocks' list as Fitbit's stock has been punished since peaking back in August 2015.

Meanwhile, borrowing volume has increased 2 percent over the past week alone. However, Loomes noted that borrowing volume as a proportion of the shares available rose 5 percent which indicates that the supply has decreased. He added that this could be seen as an "indicator of falling institutional ownership."

Number 1: Tesla Motors

Tesla Motors Inc (NASDAQ: TSLA) held on to the top spot for another week.

Loomes noted that borrowing volume fell around 5 percent over the past week, but the borrowing volume as a proportion of shares available fell just 1 percent. In addition, the borrowing costs remain high but short sellers are still being "rewarded" given the ongoing decline in Tesla's stock.

Related Link: Pacific Crest: Avoid Tesla

No. 2: U.S. Steel

United States Steel Corporation (NYSE: X) re-entered Loomes' 'hot stocks' list as continued demand to short the stock and a diminishing supply have resulted in borrowing costs surging 25 percent higher.

Shares of U.S. Steel have lost more than 60 percent over…
continue reading

Qihoo 360 Interested In Opera Software? Deal Might Make Sense, Analysts Say

Courtesy of Benzinga.

Qihoo 360 Interested In Opera Software? Deal Might Make Sense, Analysts Say

Related QIHU
The9 Limited: The Stock That Ignores News?
US Stock Futures Surge Ahead Of Economic Data

On Thursday night, E24 reported Opera Software (OTC: OPESY) shares were halted in Norway pending a company announcement. Speculation from the report is that Qihoo 360 Technology Co Ltd (NYSE: QIHU) may be interested in the security company.

Analysts Benzinga spoke with who wish to remain anonymous said a deal might make sense under $500 million, adding that Qihoo may only be interested in Opera's mobile platform.  Aside from that, the deal does not make much sense given China's restrictions on who can sell security products within the country.

Chinese regulators have reportedly been cracking down on foreign investor ownership of Chinese National financial institutions and security firms.

Neither company immediately responded to a request for comment.

Shares of Qihoo are trading down 0.40 percent on Friday morning, while shares of Opera are up 5.4 percent on the Oslo exchange.

Latest Ratings for QIHU

Date Firm Action From To
Apr 2015 Summit Research Initiates Coverage on Buy
Feb 2015 Stifel Nicolaus Maintains Buy
Feb 2015 Jefferies Downgrades Buy Hold

View More Analyst Ratings for QIHU
View the Latest Analyst Ratings

Posted-In: Analyst Color Long Ideas News Rumors M&A Market-Moving Exclusives Exclusives Analyst Ratings Best of Benzinga

Barclays Is A Buyer Of ConocoPhillips, Shares Should Recover In A Few Weeks

Courtesy of Benzinga.

Barclays Is A Buyer Of ConocoPhillips, Shares Should Recover In A Few Weeks

Related COP
Earnings Recap For February 4
Mid-Afternoon Market Update: Kohl's Drops On Lowered Forecast; Glu Mobile Shares Spike Higher
Wall Street Breakfast: Market Awaits Jobs Report (Seeking Alpha)

  • The share price of ConocoPhillips (NYSE: COP) have declined 37.31 percent over the last three months, touching a low of $34.20 on January 25.
  • Barclays’ Paul Y. Cheng has maintained an Overweight rating on the company, with a price target of $50.
  • Although the 4Q15 results could have a negative impact on the stock in the near term, Cheng expects the shares to recover over the following couple of weeks and outperform peers.

Analyst Paul Cheng believes that management’s decision to lower the dividend to $0.25 per share per quarter has repositioned ConocoPhillips as “one of the lowest breakeven cost producers in the E&P sector and it has also become one of the lowest balance sheet risk companies in the group.”

Along with the dividend cut, the company has also lowered its capex budget from the earlier $7.7 billion to $6.4 billion. Cheng believes that this was possible partly due to the decrease in drilling activity in the Lower 48.

Related Link: ConocoPhillips Stock Going Crazy After Q4 Miss, Dividend Cut

“We estimate COP's cash burn will be a very manageable $3 billion annually in 2016 and 2017 under a $35 oil price environment,” Cheng stated.

According to the Barclays report, the dividend not only improves ConocoPhillips’ long-term competitive position, it also significantly enhances the company’s financial and operational flexibility.

The company’s new value proposition is “modest production growth and strong cash return over the cycle,” the report added.

Image Credit: Public Domain

Latest Ratings for COP

Date Firm Action From To
Feb 2016 Societe Generale Downgrades Buy Hold
Jan 2016 Nomura Maintains Neutral
Jan 2016 Deutsche Bank Maintains Buy

View More Analyst Ratings for COP
View the Latest Analyst Ratings

Posted-In: Analyst Color Long Ideas News Dividends Dividends Commodities Reiteration Markets

Credit Suisse Downgrades Amid 'Sluggish Near-Term Outlook'

Courtesy of Benzinga.

Related CYOU
Earnings Recap For February 1
Earnings Scheduled For February 1, 2016
Sohu, Changyou slump following Q4 beats, soft Q1 guidance (Seeking Alpha)
  • Having declined steadily for a month, Changyou.Com Ltd (ADR) (NASDAQ: CYOU) shares have lost 29 percent since January 5.
  • Credit Suisse’s Dick Wei downgraded the rating for the company to Neutral, while reducing the price target from $25 to $17.
  • Wei expressed concern regarding revenues cut on account of uncertainties in the game business outlook.

Changyou reported its 4Q revenue at $162mn, down 25 percent y/y and 14 percent q/q. Despite the decline, it was better than expected. Non-GAAP net income stood at $46mn, ahead of the Credit Suisse estimate of US$34mn.

The company guided to weak revenues for the next quarter at $120-$130mn, representing a 20-26 percent y/y decline and below the Credit Suisse estimate of $150mn due to “lack of traction in its new game titles and launches of expansion packages,” analyst Dick Wei mentioned.

PC game revenue declined 18 percent y/y in 4Q. the company had earlier decided to not launch any new PC games, and thus PC game revenue is unlikely to recover in the future, Wei said. Changyou added 1,300k monthly active accounts and 300k active paying accounts with new mobile game titles. However, ARPU of paying accounts was down by more than 50 percent q/q due to “the lighter nature of the two games.”

The analyst wrote, “We expect mobile gaming revenue to continue declining by 23% QoQ or 60% YoY in 1Q16, and will only see meaningful recovery in 4Q16 after the launch of new TLBB.”

The company now has a strategy of "Big IP, Top Games, and Mass Marketing" for 2016. Changyou intends to prioritize game quality and focus on making the next hit game. “As a result, we expect a lighter mobile game pipeline,” the Credit Suisse report noted.

The company also plans to continue to explore popular IPs, especially related to TV and movie. “We remain conservative as the track record of converting media IPs to mobile game is weak across the…
continue reading

What Happened To Virtu Financial On Thursday?

Courtesy of Benzinga.

Related VIRT
Virtu Financial Reports Q4 EPS Miss, Trading Revs Down 18%; Sets Aside $5.4 Million For 'Legal Matter'
Virtu Financial Announces Commencement of Secondary Offering, 6.473M Shares
Virtu Financial's (VIRT) CEO Douglas Cifu on Q4 2015 Results – Earnings Call Transcript (Seeking Alpha)

Shares of Virtu Financial Inc (NASDAQ: VIRT) were trading lower by nearly 9 percent Thursday afternoon after the company reported its fourth-quarter results.

Virtu Financial said that it earned $0.27 per share in the fourth quarter on revenue of $176.09 million. Wall Street analysts were expecting the company to earn $0.29 per share on revenue of $115.15 million.

During the quarter, trading revenues fell to $166.901 million from $204.351 a year ago, while technology services revenue rose to $2.889 million from $2.561 million a year ago. Revenue from interests and dividends rose to $7.114 million from $6.636 million a year ago.

Related Link: Virtu Financial Reports Q4 EPS Loss, Trading Revs Down 18%; Sets Aside $5.4M For “Legal Matters”

Virtu Financial stated that as of the end of December 2015, the company was connected to more than 230 unique market venues across 35 countries and made markets in over 12,000 financial instruments.

Virtu Financial also reported it has set aside $5.440 million in reserve for a “legal matter.”

“2015 was a seminal year in Virtu’s history. We completed our Initial Public Offering in April. We ended the year with our company present on more than 230 unique venues in 35 countries. Although fourth quarter volumes and volatility trailed the pace set in the third quarter, we began 2016 in a very strong fashion and have benefitted from the sustained elevated volatility and volume levels seen in January,” said Douglas Cifu, Chief Executive Officer of Virtu Financial.

Posted-In: Douglas Cifu market makersEarnings Long Ideas News Short Ideas Movers Trading Ideas

Benzinga's Top Upgrades

Courtesy of Benzinga.

Benzinga's Top Upgrades

Related W
What's Coming For Internet Earnings: From Amazon To Wayfair
Citi Upgrades Wayfair To Buy, Cites Near-Term Opportunities Ahead Daily Round Up 2/3/16: Phillips 66, Dolby Labs, Liberty Interactive, General Finance (Seeking Alpha)

Related ATW
Barclays Cuts Offshore Drillers En Masse, Sets $0.50 Price For Ocean Rig
Mid-Afternoon Market Update: Crude Oil Down Over 5%; Sarepta Therapeutics Shares Drop Amid Efficacy Concern Related To Eteplirsen
Atwood Oceanics (ATW) Robert J. Saltiel on Q1 2016 Results – Earnings Call Transcript (Seeking Alpha)

Analysts at Goldman Sachs upgraded Wayfair Inc (NYSE: W) from Neutral to Buy. Wayfair shares closed at $40.24 on Wednesday.

Analysts at KLR Group upgraded Atwood Oceanics, Inc. (NYSE: ATW) from Hold to Accumulate. The target price for Atwood Oceanics has been raised to $6.75. Atwood Oceanics shares closed at $5.62 on Wednesday.

Citigroup upgraded Yahoo! Inc. (NASDAQ: YHOO) from Neutral to Buy. The target price for Yahoo! has been raised to $32. Yahoo! shares closed at $27.68 on Wednesday.

Analysts at Brean Capital upgraded Zumiez Inc. (NASDAQ: ZUMZ) from Hold to Buy. The target price for Zumiez is set to $24. Zumiez shares closed at $18.20 on Wednesday.

Goldman Sachs upgraded Whirlpool Corporation (NYSE: WHR) from Neutral to Buy. Whirlpool shares closed at $134.94 on Wednesday.

Analysts at Stifel Nicolaus upgraded Hub Group Inc (NASDAQ: HUBG) from Hold to Buy. Hub Group shares closed at $30.13 on Wednesday.

Analysts at Longbow Research upgraded Kennametal Inc. (NYSE: KMT) from Underperform to Neutral. Kennametal shares closed at $17.53 on Wednesday.

Analysts at Stifel Nicolaus upgraded ArcBest Corp (NASDAQ: ARCB) from Hold to Buy. ArcBest shares closed at $17.63 on Wednesday.

Argus Research upgraded Mattel, Inc. (NASDAQ: MAT) from Sell to Buy. The target price for Mattel is set to $38. Mattel shares closed at $31.76 on Wednesday.

Raymond James upgraded C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) from Market Perform to Outperform. C.H. Robinson shares closed at $64.91 on Wednesday.

Latest Ratings for W

Date Firm Action From To
Feb 2016 Goldman Sachs Upgrades Neutral Buy
Jan 2016 Citigroup Upgrades Neutral Buy
Jan 2016 Baird Initiates Coverage on Neutral

View More Analyst Ratings for W
View the Latest Analyst Ratings

Posted-In: top upgradesUpgrades Analyst Ratings

GoPro Inc Makes New All-Time Low, Rebounds

Courtesy of Benzinga.

Related GPRO
Can GoPro Replace Your Smartphone Camera? Analysts Wary Of 2016 Outlook
Mid-Day Market Update: GoPro Slides Following Earnings Miss; Carpenter Technology Shares Surge
Action Camera Maker GoPro Mauled By Bears After Q4 Earnings (Investor’s Business Daily)

GoPro Inc (NASDAQ: GPRO) shares are trading lower by $0.71 at $10 in Thursday's session. The catalyst for the decline is Q4 EPS of $0.08 on significantly lower revenues. The company also slashed FY 2016 sales guidance.

After a lower open, it immediately bottomed at $9.01 and worked its way back into the lower end of Wednesday's range, peaking at $10.20. If shares close under $10.24, it will post its all-time closing low.

Posted-In: Technicals Intraday Update Movers Trading Ideas

Analyst: WWE 15% Spike Likely A 'Mistake' Market Order, Says 'There's No News'

Courtesy of Benzinga.

Analyst: WWE 15% Spike Likely A 'Mistake' Market Order, Says 'There's No News'

Related WWE
WWE Discloses Multi-Year Extension For Video Game Properties With 2K; Shares Higher
2K, WWE Announce Multi-Year Extension for WWE Video Game Properties; Terms Not Disclosed

Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) spiked sharply on Wednesday evening. A trade happened at 5:14 p.m. ET, moving the stock up more than 15 percent.

Wedbush analyst James Clement told Benzinga in an email it was probably all a mistake.

"I'm only seeing that 600 shares changed hands," Clement wrote on Thursday. "Somebody probably mistakenly put in a market order into a stock with a $3 bid/ask spread!"

Clement acknowledged that he "certainly" could be wrong, but bets "someone made a mistake. There's no news."

The stock traded at $19.16, up 15.2 percent in Thursday's pre-market session. It closed at $16.63 and hasn't hit the $19 level since early November.

Related Link: WWE Investors: Tread Carefully, Stock Can Be 'Brutally Volatile' During Wrestlemania

Clement told Benzinga last week that WWE investors should tread carefully with the sports entertainment company's stock.

"[T]raders are probably going to be more cognizant of the last two year's WrestleMania selloffs and possibly take profits weeks before the Mania number is ever reported," Clement said at the time. "Retail investors should tread very carefully.This stock can be brutally volatile and probably will be."

The Wedbush analyst holds a Neutral rating and 12-month price target of $18 on the stock.

WrestleMania 32 takes place on April 3 from Dallas, Texas.

Latest Ratings for WWE

Date Firm Action From To
Aug 2015 Macquarie Maintains Neutral
Jul 2015 Hilliard Lyons Downgrades Long-term Buy Neutral
Jul 2015 Wells Fargo Initiates Coverage on Outperform

View More Analyst Ratings for WWE
View the Latest Analyst Ratings

Posted-In: Analyst Color News Top Stories Market-Moving Exclusives Exclusives Pre-Market Outlook Analyst Ratings Movers Best of Benzinga


Phil's Favorites

Global Shipping Rates Run Dry


Global Shipping Rates Run Dry

Courtesy of Dana Lyons

A key index of global shipping prices is nearly 50% below its previous record low level.

We swore we wouldn’t devote any more Charts Of The Day to the Baltic Dry Index (BDI) after it broke its all-time low in November. Things are really getting out of hand now, though, so it deserves at least a mention. The previous record low in the BDI was 553, set back in 1986. Upon breaking that low in November, the BDI continued to crater. As of today, the Baltic Dry Index is listed at 303.00 – nearly a full 50% below its previous all-time low.



So what is the ...

more from Ilene

Zero Hedge

And Now "Some Important News About JPMorgan's New Cash Policies"

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Want to deposit cash at JPMorgan Chase? Then prepare to be treated if not like a criminal, then certainly a suspect of a very serious crime. The charge: being in possession of that "barbarous relic" known as cash.

Soon, as cash becomes increasingly frowned upon, cash deposits will be slowly but surely phased out in their entirety forcing those few savers left in Obama's grand economic "recovery" experiment, to engage in commerce only in a way that allow...

more from Tyler

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...

more from David

Kimble Charting Solutions

S&P could reach 1,600 if this gives way, says Joe Friday

Courtesy of Chris Kimble.


S&P 500 tops in 2000 and 2007 took place 91 one months apart. Did another top take place 91 months after the 2007 top. So far it looks very possible.

If you double that time frame, you get 182 months. What is the odds that the NDX 100 topped 182 months after the 2000 high, at the SAME price it hit in 2000?

We applied monthly momentum to the charts above, reflecting that momentum for the S&P is back at 2000 and 2007 highs and turning lower and the momentum for the NDX is back at 2000 levels.


more from Kimble C.S.

Market News

News You Can Use From Phil's Stock World


Financial Markets and Economy

Tech-stock wreck destroys $514B this year (USA Today)

The bad year for stocks is getting worse by the minute - and tech investors are feeling the brunt of the pain.

The 462 information technology stocks in the broadRussell 3000 index have shredded a total of $514 billion this year thanks to their average decline of 13.4%, according to a USA TODAY analysis of data from S&P Capital IQ.

Citi: 'We Should All Fear Oilmageddon' (Bloomberg)

A feedback loop of the U.S. dollar, crude, capital flows, and emerging markets....

more from Paul


Why Most Investors Fail in the Stock Market


Why Most Investors Fail in the Stock Market

Courtesy of ValueWalk, by  

Throughout the past 30 days of wild volatility, here’s what I didn’t do.

Panic. Worry. Sell.

In fact, the best I did was add to a couple of positions yesterday. The world was already in an uncertain state for the past 3+ years. It’s just that with the market rising, we pushed the issue to the back of our  mind and ignored it.

If you read Howard Marks latest memo, ...

more from ValueWalk

Insider Scoop

Tyson Foods' Stock Ticks Higher Following Q1 Print

Courtesy of Benzinga.

Related TSN 7 Stocks You Should Be Watching Today Earnings Scheduled For February 5, 2016 Tyson Foods beats by $0.26, misses on revenue (Seeking Alpha)

Shares of Tyson Foods, Inc. (NYSE: TSN) were trading higher by more nearly 4 percent early Friday morning after the company reported its ... more from Insider

Chart School

Pause in Action

Courtesy of Declan.

Small Gains as indecision held sway. The S&P finished inside the range of last Friday's breakout and held rising support, but the index did the minimum to pacify bulls.

The Nasdaq breakout has eased alongside former resistance turned support. Volume was lighter, and the spinning top finish marks indecision. While Thursday's action offered no side an advantage, a push towards 4,900 would appear to be the favoured path.

The Russell 2000 is caught inside t...

more from Chart School


Swing trading portfolio - week of February 1st, 2016

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

Digital Currencies

2016 Theme #3: The Rise Of Independent (Non-State) Crypto-Currencies

Courtesy of Charles Hugh-Smith at Of Two Minds

A number of systemic, structural forces are intersecting in 2016. One is the rise of non-state, non-central-bank-issued crypto-currencies.

We all know money is created and distributed by governments and central banks. The reason is simple: control the money and you control everything.

The invention of the blockchain and crypto-currencies such as Bitcoin have opened the door to non-state, non-central-bank currencies--money that is global and independent of any state or central bank, or indeed, any bank, as crypto-currencies are structurally peer-to-peer, meaning they don't require a bank to function: people can exchange crypto-currencies to pay for goods and services without a bank acting as a clearinghouse for all these transactions.

This doesn't just open t...

more from Bitcoin


Sector Detector: New Year brings new hope after bulls lose traction to close 2015

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

Chart via Finviz

Courtesy of Sabrient Systems and Gradient Analytics

Last year, the S&P 500 large caps closed 2015 essentially flat on a total return basis, while the NASDAQ 100 showed a little better performance at +8.3% and the Russell 2000 small caps fell -5.9%. Overall, stocks disappointed even in the face of modest expectations, especially the small caps as market leadership was mostly limited to a handful of large and mega-cap darlings.

Notably, the full year chart for the S&P 500 looks very much like 2011. It got off to a good start, drifted sideways for...

more from Sabrient


PSW is more than just stock talk!


We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more! features the most important and most interesting news items from around the web, all day, every day!

News: If you missed it, you can probably find it in our Market News section. We sift through piles of news so you don't have to.   

If you are looking for non-mainstream, provocatively-narrated news and opinion pieces which promise to make you think -- we feature Zero Hedge, ...

more from Promotions


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.

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 >>