Archive for 2015

Rovi Crosses $18 And Retreats

Courtesy of Benzinga.

Related ROVI
Mid-Day Market Update: Crude Oil Down Over 3%; Rovi Shares Jump Following Renewal Of Agreement With Sony
Rovi's Stock Surges Following Renewal Of Agreement With Sony
Stocks Open Lower, Trade Climbs; Early Risers: Disney, Rovi (Investor’s Business Daily)

Rovi Corporation (NASDAQ: ROVI) shares are trading higher by $1.90 at $17.76 in Monday’s session. The renewal of a patent agreement with Sony has the aided the issue in the green for the fifth day in a row.

Its high opening print of $16.20 has turned out to be the low for the session. The ensuing rally has taken the issue to $18.12 and it attempting to remain in the $18 handle.

This marks the first time over $18 for the issue since June 26, when it peaked at that exact number but ended the session at $17.52. From that day it continued lower until it finally bottomed on October 29 at $8.01.

Posted-In: Premarket outlookTechnicals Intraday Update Movers Trading Ideas

IHS Acquires CARPROOF For $460 Million, Notes Acquisition Will Be 'Highly' Accretive

Courtesy of Benzinga.

IHS Inc. (NYSE: IHS) announced on Monday it has agreed to acquire CARPROOF, a Canada-based company that offers products and services in vehicle history, appraisal and valuations, for C$650 million (approximately $460 million).

IH's acquisition is similar to its 2013 acquisition of CARFAX, a leading vehicle history database in the US.

"Like CARFAX, CARPROOF is a high-growth business and gives IHS the opportunity to expand our vehicle history report services into Canada," IH's Chairman and CEO Jerre Stead said in a press release. " By combining the capabilities of CARPROOF and CARFAX, we also will accelerate product development to better serve the needs of our customers."

Stead added that the CARPOOF acquisition will "add a highly accretive" revenue-growth and EBITDA margin business for IHS, and provide "significant room" for further growth.

Posted-In: CARFAX CARPROOF IHS Jerre SteadNews M&A

Vetr Crowd Upgrades Alibaba To 3.5-Star Stock

Courtesy of Benzinga.

Related BABA
Apple Pay Eyes Asian, Europe Market Following 'Slow' U.S. Adoption
Bob Peck's Top 10 Internet Investor Debate Topics For 2016
Stock Futures Sag On Oil, China; Fitbit Bolts On App Downloads (Investor’s Business Daily)

Shares of Alibaba Group Holding Ltd (NYSE: BABA) have gained more than 43 percent over the past three months but are still lower by around 20 percent since the start of 2015.

Heading into the final trading days of 2015, the Vetr crowd upgraded Alibaba’s stock rating to 3.5-stars out of a possible 5-stars. In fact, shares of Alibaba rose to $83.71 since the prior rating of 3.0-stars was issued just three days ago.

In addition to an upgrade, Alibaba’s stock remains popular among the Vetr crowd as more than 5 percent of the crowd are holding Alibaba in their watch-list.

The Vetr crowd proves to be even more split on Alibaba’s prospects as 52 percent of the crowd’s rating are bearish. On the other hand, the crowd-sourced price target of $88.96 implies an upside of nearly 8 percent.

Latest Ratings for BABA

Date Firm Action From To
Oct 2015 MKM Partners Maintains Buy
Oct 2015 Standpoint Research Downgrades Buy Hold
Oct 2015 Morgan Stanley Maintains Overweight

View More Analyst Ratings for BABA
View the Latest Analyst Ratings

Posted-In: Alibaba Vetr Vetr CrowdAnalyst Color Crowdsourcing Analyst Ratings General

Vetr Crowd Upgrades Coach To 4.5-Star Stock

Courtesy of Benzinga.

Related COH
Cowen Upgrades Coach, Says Improved Marketing And Promos Are Driving Traffic
Benzinga's Top Upgrades
Coach Longer Term Drivers Up Against Near-Term Macro Issues (Seeking Alpha)

Shares of Coach Inc (NYSE: COH) have lost more than 13 percent since the start of 2015. Despite the relative under-performance, the Vetr crowd is optimistic in the stock’s prospects heading into the new year.

The Vetr crowd upgraded Coach’s stock rating to 4.5-stars out of a possible 5-stars. Coach’s stock has risen to $32.65 since the prior rating of 4.0-stars was issued just two days ago.

In addition to an upgrade into clear bull territory, 64 percent of the Vetr crowd’s ratings are bullish and the crowd-sourced price target of $37.65 implies a potential upside of more than 15 percent.

Tania Hansraj, a member of the Vetr crowd, noted that the market is “aware” of Coach’s transformation plans for the future which will improve the stock’s outlook.

Latest Ratings for COH

Date Firm Action From To
Dec 2015 Cowen & Company Upgrades Market Perform Outperform
Dec 2015 Piper Jaffray Upgrades Neutral Overweight
Oct 2015 Cantor Fitzgerald Maintains Hold

View More Analyst Ratings for COH
View the Latest Analyst Ratings

Posted-In: Coach Turnaround Plan Fashion Stocks Vetr Vetr CrowdAnalyst Color Crowdsourcing Analyst Ratings General

BlackBerry Shares Gain On Low Volume Day After Christmas

Courtesy of Benzinga.

BlackBerry Shares Gain On Low Volume Day After Christmas

Related BBRY
Jim Cramer Advises His Viewers On Under Armour, GameStop, Mobileye, Harman International And BlackBerry
Why Blackberry, BBCN Bancorp And Targa Are Trending On Wall Street

BlackBerry Ltd (NASDAQ: BBRY) shares have seen great improvement over the past two weeks. The stock is up more than 25 percent with its recent news spurring a year-end rally for the company's stock.

Blackberry's shares are have been up significantly since its $5.96, 52-week lows. The stock traded at $9.39 on Monday afternoon, up 3.2 percent.

The company's new smartphone, the BlackBerry PRIV, had received great reviews. PRIV is also expected to gain more approvals at the upcoming 2016 Consumer Electronic Show.

Blackberry's Executive Chairman and Chief Executive Officer John Chen recently stated, "I am pleased with our continued progress on BlackBerry's strategic priorities, leading to 14 percent sequential growth in total revenue for Q3. We delivered accelerating growth in enterprise software and higher revenue across all of our areas of focus."

"Our new PRIV device has been well received since its launch in November, and we are expanding distribution to additional carriers around the world in the next several quarters," Chen said.

BlackBerry reported financial results on December 18. The company had nearly 70 percent of recurring third quarter software revenue.

For investors, Blackberry is the stock to watch now for the remainder of this week. The company anticipates more growth outcomes from its continued software investments and additional PRIV launches.

Posted-In: News Intraday Update Movers Tech Best of Benzinga

Must Watch Stocks for Today

Courtesy of Benzinga.

Must Watch Stocks for Today

Related PBY
Benzinga's Weekend M&A Chatter
Bridgestone, Pep Boys Agree on Amended Terms to Merger Agreement

Related DST
Cigna Renews Relationship With Argus Health For Pharmacy Solutions
DST System 8-K Filing: Completes Sale And Leaseback Transaction, Proceeds Were $107.3M; Enters Similar Agreement & May Generate Proceeds Of $21.7M

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

Bridgestone Americas, Inc. and Pep Boys-Manny Moe and Jack (NYSE: PBY) announced Friday that Bridgestone had raised the offer price to acquire all the outstanding shares of Pep Boys common stock from $15.50 per share to $17.00 per share in cash. Pep Boys shares rose 0.63 percent to close at $17.51 on Thursday.

Shares of Relypsa Inc (NASDAQ: RLYP) surged over 3 percent Thursday as Daily Mail reported that AstraZeneca plc (ADR) (NYSE: AZN) was reportedly interested in a deal for $46 per share of Relypsa stock. Activist OrbiMed cut its stake in Relypsa from 19 percent to 17.75 percent. Relypsa shares jumped 3.44 percent to close at $28.89 on Friday, while AstraZeneca shares rose 0.50 percent to close at $34.13 on Thursday.

ALPS, a subsidiary of DST Systems, Inc. (NYSE: DST) and Kaufman Rossin Fund announced Thursday, they have agreed that ALPS will acquire KRFS for $95 million in cash. DST Systems shares slipped 0.05 percent to close at $115.10 on Thursday.

Posted-In: Stocks To WatchNews M&A Pre-Market Outlook Markets Trading Ideas

Shares Of Feeport-McMoRan Lower By 3%, Co-Founder Steps Down From Board Of Directors

Courtesy of Benzinga.

Related FCX
Benzinga's Top #PreMarket Gainers
Benzinga's Top #PreMarket Gainers
Freeport-McMoRan: Impact Of Oil And Gas Asset Divestment On Valuation (Seeking Alpha)

Shares of Freeport-McMoRan Inc (NYSE: FCX) fell early Monday morning after the company announced a change in its leadership structure.

Freeport-McMoRan announced that James R. Moffett will step down from the company's Board of Directors and as Executive Chairman.

Shares of Freeport-McMoRan were trading lower by 3.30 percent at $7.32 following the announcment.

Moffett, along with two associates, founded McMoRan Oil & Gas Co. in 1969. The executive led the effort to merge the company with Freeport Minerals.

Moffett has agreed to become a consultant to Freeport-McMoRan's Boarde of Directors and provide advisory services and has been named Chairman Emeritus.

Gerald J. Ford has been elected as Non-Executive Chairman and has served as the company's Lead Independent Director since 2013. Richard Adkerson will continue service as President and Chief Executive Officer.

Posted-In: Freeport-McMoran James MoffettNews Movers

FBR Slashes Cliffs Price Target To $1.00, Sees 37% Downside

Courtesy of Benzinga.

Related CLF
Mid-Afternoon Market Update: Dow Surges Over 1%; Bed Bath & Beyond Shares Slip On Lowered Q3 Outlook
Mid-Day Market Update: Crude Oil Down 4%; Adamas Pharmaceuticals Shares Jump Following Positive Phase 3 Results

  • Shares of Cliffs Natural Resources Inc (NYSE: CLF) have declined 75.49 percent year-to-date, dropping close to their 52 week low on December 21 at $1.55.
  • Lucas N. Pipes of FBR & Co. has reiterated a Market Perform rating on the company, while lowering the price target from $3 to $1.
  • The company announced the sale of its two remaining low volume met coal mines on December 22 to Seneca Coal Resources.

Analyst Lucas Pipes explained that Cliffs Natural Resources has entered into an agreement to seal its Pinnacle and Oak Grove mines for $268 million in liabilities, along with "a potential $50 million earn-out based on terms of revenue sharing through 2020.”

“Seneca Coal Resources plans to produce 4.4 million tons of met coal in 2016, implying no significant reduction in the two mines’ current production rates,” Pipes mentioned.

Although Cliffs Natural Resources has previously stated that it would not build out longwall panels anymore, Pipes expects the timing of the sale to allow Seneca Coal to continue production at these mines, uninterrupted, without reducing production in 2017 or later.

“We believe that the company has more flexibility to mend its own future than the market is suggesting. Cliffs’ “intangible” assets include the company’s position as the largest supplier of iron ore to the North American steel industry,” the FBR report stated.

Latest Ratings for CLF

Date Firm Action From To
Dec 2015 Deutsche Bank Downgrades Hold Sell
Oct 2015 Deutsche Bank Maintains Hold
Sep 2015 Macquarie Maintains Outperform

View More Analyst Ratings for CLF
View the Latest Analyst Ratings

Posted-In: FBR & Co. Lucas N. PipesAnalyst Color Price Target Analyst Ratings

Guest Post: Has There Ever Been A More Selfish Generation?

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Submitted by David Haggith via The Great Recession blog,

It’s a good question to ask on the days after Christmas, when we have all used our credit cards to buy gifts for others. In spite of this seasonal gift buying, I think there has never been a more selfish generation.

What is so selfish about this generation?

What other generation has been so amenable toward letting future generations pay for their lavish lifestyles? Many live in MacMansions purchased with thirty-year loans they won’t live to repay. With minds at peace, they leave those mortgages to their children and grandchildren. Even those in the US who do not live in veneered mansions enjoy a lifestyle made possible only by compounding the greatest mountains of rotting, stinking national debt mankind has ever heaped. This rubbish is their gift to posterity as, again, they have no thought whatsoever of attempting to pay off this debt.

It is not just politicians who are responsible for creating this debt. The average citizen slavishly votes for either Democrats or Republicans, knowing full well both parties have done their share to pile up debt. They either vote for the party that makes them feel generous to the poor or the party that makes them feel strong in defending our country; but the fact is they are not putting their own financial strength into either of those noble goals.

Our generation has decided the next generation can pay the bill for all of our generosity. We create welfare programs that we finance far into the future. We do this so that we can feel like we take care of our poor, but we hand the actual burden of paying for our largess off to our children and grandchildren! We would never undertake these programs if we had to pay for them fully as we go. We also let the next generation pay for our security. We are not bravely defending ourselves by our own strength. We are sapping the strength of our grandchildren to defend ourselves now.

We are generous with other people’s money — people who are not even alive today and who have no say in these decisions that they shall pay for. The majority remain committed to government that finances its love and war far into the future with piles of debt that no one can repay.

Not a dime’s worth of difference between Republicans and Democrats

The US Congress has stated over and over that it is just kicking the…
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Gold D Wave completed, next !

Courtesy of Read the Ticker.

gold-d-wave-completed-nextThe metals analyst with the big head insisted this be published.

Previous post Gold pullback now equals 1976 pullback

The D-WAVE from in the chart below.

Guess we shall find out if this time is different!

Click for popup. Clear your browser cache if image is not showing.

Dwave gold

Chart from previous gold post.

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GLD Channel

And momentum needs to change!

NOTE: does allow users to load objects and text on charts, however some annotations are by a free third party image tool named

Investing Quote…

…”I learned early that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I’ve never forgotten that.”..

Jesse Livermore

..“If it’s obvious, it’s obviously wrong.”..

Joe Granville

..”A market is the combined behavior of thousands of people responding to information, misinformation and whim”..

Kenneth Chang

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

Nobel Laureate for Economics Paul Samuelson

…“To me, the ‘tape’ is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!”…

Martin Zweig


Zero Hedge

Americans' Economic Hope Has Collapsed

Courtesy of ZeroHedge. View original post here.

Which came first, the confidence or the stock market rally?

One thing is for sure, the crash in stocks in December has crushed the hope of Americans that their economic future is going to be better under President Trump.

Overall confidence dipped to 58.1 - a 4-month low, but, U.S. consumers this month were the most downbeat on the economy since November 2016, a third straight drop after expectations reached a 16-year high just three months earlier, as the partial government shutdown wears on toward a fourth week.


more from Tyler

Kimble Charting Solutions

Triple Breakout Test In Play For S&P 500!

Courtesy of Chris Kimble.

Is the rally of late about to run out of steam or is a major breakout about to take place in the S&P 500? What happens at current prices should go a long way in determining this question.

This chart looks at the equal weight S&P 500 ETF (RSP) on a daily basis over the past 15-months.

The rally from the lows on Christmas Eve has RSP testing the top of a newly formed falling channel while testing the underneath side of the 2018 trading range and its falling 50-day moving average at (1).

At this time RPS is facing a triple resistance test. Wil...

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Phil's Favorites

Brexit deal flops, Theresa May survives -- so what happens now?


Brexit deal flops, Theresa May survives -- so what happens now?

Courtesy of Victoria Honeyman, University of Leeds

As the clock ticks down to March 29 2019, all of the political manoeuvring, negotiating, arguing and fighting is coming to a peak. In the two and a half years since the 2016 EU referendum, views on both sides have hardened and agreement still seems as far away as it was the day after the referendum.

With Theresa May’s withdrawal agreement disliked by all sides, and voted down by an unprecedented majority in the House of Commons, everyone is wondering what can and should be done next?


more from Ilene

Digital Currencies

Crypto-Bubble: Will Bitcoin Bottom In February Or Has It Already?

Courtesy of Michelle Jones via

The new year has been relatively good for the price of bitcoin after a spectacular collapse of the cryptocurrency bubble in 2018. It’s up notably since the middle of December and traded around the psychological level of $4,000... so is this a sign that the crypto market is about to recover?

Of course, it depends on who you ask, but one analyst discovered a pattern which might point to a bottom next month.

A year after the cryptocurrency bubble popped


more from Bitcoin


D.E. Shaw Investment Calls For Leadership Change At EQT

By ActivistInsight. Originally published at ValueWalk.

Elliott Management has offered to acquire QEP Resources for approximately $2.1 billion, contending the oil and gas explorer’s turnaround efforts have done little to lift the company’s share price. The company responded and said that a thorough review of the proposition is imperative in order to properly act in the best interests of shareholders, “taking into account the company’s other alternatives and current market conditions.” The news came only a month after Travelport Worldwide agreed to sell itself to Siris Capital Group and Elliott’s private equity arm Evergreen Coast Capital for $4.4 billion in cash and two months after Athenahealth was bought by Veritas and Evergreen for $5.7 bi...

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Insider Scoop

UBS Says Disney's Streaming Ambition Gives It A 'New Hope'

Courtesy of Benzinga.

Related DIS Despite Some Risks, Analysts Still Expecting Double Digit Growth From Communications Services In Q4 ... more from Insider

Chart School

Weekly Market Recap Jan 13, 2019

Courtesy of Blain.

In last week’s recap we asked:  “Has the Fed solved all the market’s problems in 1 speech?”

Thus far the market says yes!  As Guns n Roses preached – all we need is a little “patience”.  Four up days followed by a nominal down day Friday had the market following it’s normal pattern the past nearly 30 years – jumping whenever the Federal Reserve hints (or essentially says outright) it is here for the markets.   And in case you missed it the prior Friday, Chairman Powell came back out Thursday to reiterate the news – so…so… so… patient!

Fed Chairman Jerome Powell reinforced that message Thursday during a discussion at the Economic Club of Washington where he said that the central bank will be “fle...

more from Chart School

Members' Corner

Why Trump Can't Learn


Bill Eddy (lawyer, therapist, author) predicted Trump's chaotic presidency based on his high-conflict personality, which was evident years ago. This post, written in 2017, references a prescient article Bill wrote before Trump even became president, 5 Reasons Trump Can’t Learn. ~ Ilene 

Why Trump Can’t Learn

Donald Trump by Gage Skidmore (...

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Opening Pandora's Box: Gene editing and its consequences

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


Opening Pandora's Box: Gene editing and its consequences

Bacteriophage viruses infecting bacterial cells , Bacterial viruses. from

Courtesy of John Bergeron, McGill University

Today, the scientific community is aghast at the prospect of gene editing to create “designer” humans. Gene editing may be of greater consequence than climate change, or even the consequences of unleashing the energy of the atom.


more from Biotech

Mapping The Market

Trump: "I Won't Be Here" When It Blows Up

By Jean-Luc

Maybe we should simply try him for treason right now:

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.

By Asawin Suebsaeng and Lachlan Markay, Daily Beast

The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the nationa...

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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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Free eBook - "My Top Strategies for 2017"



Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:


·       How 2017 Will Affect Oil, the US Dollar and the European Union


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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.

Market Shadows >>