Archive for 2015

Swing trading portfolio – week of February 9th, 2015

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

Optrader 

Swing trading virtual portfolio

Reminder: OpTrader is available to chat with Members, comments are found below each post.</p></body></html>

 





Stocks Hitting 52-Week Highs

Courtesy of Benzinga.

Related MAS
UPDATE: Masco Q4 Earnings Top Views
Earnings Scheduled For February 9, 2015
Masco Corporation Beats on Earnings – Tale of the Tape (Zacks)

Related CTB
FBR Initiates Coverage On Auto Parts Manufacturers
Benzinga's Top Initiations

Masco Corporation (NYSE: MAS) shares reached a new 52-week high of $26.76 after the company reported stronger-than-expected earnings for the fourth quarter.

Cooper Tire & Rubber Co. (NYSE: CTB) shares rose 1.31% to touch a new 52-week high of $36.44. Cooper Tire’s PEG ratio is 1.53.

Esperion Therapeutics, Inc. (NASDAQ: ESPR) shares gained 4.75% to reach a new 52-week high of $62.21. Esperion Therapeutics shares have jumped 281.68% over the past 52 weeks, while the S&P 500 index has gained 14.57% in the same period.

G&K Services Inc. (NASDAQ: GK) shares touched a new 52-week high of $73.24. G&K Services’ trailing-twelve-month ROE is 13.69%.

Posted-In: 52-Week HighsNews Intraday Update Markets Movers





UPDATE: Wunderlich Securities Downgrades Abercrombie & Fitch On Slashed Estimates

Courtesy of Benzinga.

Related ANF
These 6 Stores Are 'Disappearing' From Malls
How LikeFolio Predicted Good News For Bebe Stores

In a report published Monday, Wunderlich Securities analyst Eric Beder downgraded the rating on Abercrombie & Fitch Co. (NYSE: ANF) from Hold to Sell, and lowered the price target from $30.00 to $17.00.

In the report, Wunderlich Securities noted, “We are slashing our estimates and target on Abercrombie & Fitch (ANF) and cutting our rating to Sell (from Hold) as we believe Street expectations (hopes) for any type of turn in FY16 are overdone and that ANF will remain under material pressure in both the domestic and international spheres on numerous levels. We believe both Abercrombie and Hollister have been unable to retain any pricing power as they switch away from logo-driven product, despite material cost cutting and store pruning. On the international front, we are worried over FX issues and what has been a domestic business highly dependent upon tourist-driven traffic. When combined with weak management credibility, we believe the pieces are in place for material disappointments when 4Q results are announced on March 4.”

Abercrombie & Fitch closed on Friday at $25.78.

Latest Ratings for ANF

Date Firm Action From To
Feb 2015 Wunderlich Downgrades Hold Sell
Feb 2015 Wunderlich Downgrades Hold Sell
Dec 2014 Morgan Stanley Maintains Equal-weight

View More Analyst Ratings for ANF
View the Latest Analyst Ratings

Posted-In: Eric Beder Wunderlich SecuritiesAnalyst Color Downgrades Price Target Analyst Ratings





Morgan Stanley Downgrades Marsh & McLennan Companies To Equal-weight

Courtesy of Benzinga.

Related MMC
UPDATE: Morgan Stanley Downgrades Marsh & McLennan Companies As Strong Dollar Weighs On 2015 EPS Growth
UPDATE: Marsh & McLennan Posts In-Line Q4 Earnings
Marsh & McLennan Companies' (MMC) CEO Dan Glaser on Q4 2014 Results – Earnings Call Transcript (Seeking Alpha)

Analysts at Morgan Stanley downgraded Marsh & McLennan Companies, Inc. (NYSE: MMC) from Overweight to Equal-weight.

The price target for Marsh & McLennan has been lowered from $68 to $58.

Marsh & McLennan shares have surged 20.82% over the past 52 weeks, while the S&P 500 index has gained 14.57% in the same period.

Marsh & McLennan’s shares fell 0.70% to close at $55.43 on Friday.

Latest Ratings for MMC

Date Firm Action From To
Feb 2015 Morgan Stanley Downgrades Overweight Equal-weight
Jan 2015 Barclays Maintains Overweight
Dec 2014 JP Morgan Initiates Coverage on Overweight

View More Analyst Ratings for MMC
View the Latest Analyst Ratings

Posted-In: Morgan StanleyDowngrades Analyst Ratings





Stifel Nicolaus Upgrades Conn's To Buy

Courtesy of Benzinga.

Related CONN
Lower Gas, Better Weather Boost Retailers' January Sales
Worst Performing Industries For January 9, 2015
Big comeback on Conn's forecast (Seeking Alpha)

Stifel Nicolaus upgraded Conn’s Inc. (NASDAQ: CONN) from Hold to Buy.

The price target for Conn’s is set to $33.

Conn’s shares have dropped 61.29% over the past 52 weeks, while the S&P 500 index has surged 14.57% in the same period.

Conn’s shares rose 3.33% to $23.24 in pre-market trading.

Latest Ratings for CONN

Date Firm Action From To
Feb 2015 Stifel Nicolaus Upgrades Hold Buy
Dec 2014 Canaccord Genuity Downgrades Buy Hold
Sep 2014 Canaccord Genuity Maintains Buy

View More Analyst Ratings for CONN
View the Latest Analyst Ratings

Posted-In: Stifel NicolausUpgrades Analyst Ratings





Stifel Terminates Coverage On Oncolytics Biotech Due To Reallocation Of Resources

Courtesy of Benzinga.

Related ONCY
US Stock Futures Up Ahead Of Existing-Home Sales Data
US Stock Futures Up Ahead Of Auto Sales, Construction Spending Data

In a report published Monday, Stifel analyst Brian Klein terminated coverage on Oncolytics Biotech (NASDAQ: ONCY).

In the report, Stifel noted, “Due to a reallocation of resources, we are discontinuing coverage of Oncolytics Biotech Inc. (ONCY). Our most recent rating of Hold should no longer be used as an indicator for the company going forward.”

Oncolytics Biotech closed on Friday at $0.42.

Latest Ratings for ONCY

Date Firm Action From To
Sep 2013 Needham Initiates Coverage on Buy
Mar 2013 Piper Jaffray Initiates Coverage on Overweight
Dec 2012 Bloom Burton & Co. Downgrades Buy Hold

View More Analyst Ratings for ONCY
View the Latest Analyst Ratings

Posted-In: Brian Klein StifelAnalyst Color Termination Analyst Ratings





UPDATE: Keefe, Bruyette & Woods Downgrades Regions Financial

Courtesy of Benzinga.

Related RF
UPDATE: Wunderlich Securities Downgrades Regions Financial On 4Q EPS Miss
UPDATE: Compass Point Lowers Price Target On Regions Financial Following 4Q14 Earnings Release
Rate hikes coming? Financials up big after jobs number (Seeking Alpha)

Keefe, Bruyette & Woods on Monday downgraded Regions Financial Corp (NYSE: RF) from Market perform to Underperform. The firm's price target on Regions Financial is $9.50.

Analysts Christopher Mutascio and Daniel Coffman wrote, "We believe the rally on a decent jobs report is overdone. We still don't envision the Fed raising interest rates until late 2015 and then moving at an incredibly slow pace thereafter….It is hard for us to see the Fed moving in any significant manner while the rest of the world is fighting off deflationary risks and slowing economies by devaluing their currencies as fast as possible. In other words, we don't see the Fed providing an earnings catalyst for RF any time soon."

Keefe, Bruyette & Woods estimates that Regions Financial will report earnings of $0.74 and $0.81 for 2015 and 2016, respectively, are 8 percent below the consensus EPS estimates of $0.80 and $0.88. Regions Financial is currently trading at its price target, thus analysts see substantial downside risk to the current consensus EPS estimates in both 2015 and 2016.

Regions Financial closed Friday at $9.56, up 3.91 percent.

Latest Ratings for RF

Date Firm Action From To
Feb 2015 Keefe Bruyette &amp; Woods Downgrades Market Perform Underperform
Jan 2015 Jefferies Maintains Buy
Jan 2015 Wunderlich Downgrades Buy Hold

View More Analyst Ratings for RF
View the Latest Analyst Ratings

Posted-In: Christopher Mutascio Daniel Coffman Keefe Bruyette & WoodsAnalyst Color Downgrades Price Target Analyst Ratings





Here's Why Morgan Stanley Downgraded Deckers Outdoor

Courtesy of Benzinga.

Related DECK
Social Alert: GoPro Sentiment Is 95% Positive Heading Into Earnings
Benzinga's Top Upgrades

Jay Sole of Morgan Stanley on Monday downgraded shares of Deckers Outdoor Corp (NYSE: DECK) to Equal-weight with an $82 price target, as the stock lacks the necessary drivers needed to warrant an Overweight rating.

"Deckers Outdoor has fallen 11 percent since its 3Q report, but we don't see a major rebound occurring," Sole wrote. "We don't see significant earnings per share revision potential or a catalyst which may stimulate a re-rating until next Holiday."

Sole also notes that the UGG brand equity is "eroding" as Google search and comScore data imply third-quarter results were due to an emerging brand equity erosion and not due to weather comparisons and other one-time factors. The analyst also adds that a more diversified product line isn't attracting enough customers and that international growth may not be as large as previously assumed.

Bottom line, Sole is lowering his five-year earnings per share compounded annual growth rate forecast to 10 percent from 15 percent given a more mature phase of its growth.

Latest Ratings for DECK

Date Firm Action From To
Feb 2015 Morgan Stanley Downgrades Overweight Equal-weight
Feb 2015 Goldman Sachs Upgrades Neutral Buy
Jan 2015 Citigroup Maintains Buy

View More Analyst Ratings for DECK
View the Latest Analyst Ratings

Posted-In: comScore Jay Sole Morgan Stanley UGGAnalyst Color Downgrades Analyst Ratings





Deutsche Bank Reiterates Hold, Raises Price Target On Kraft Foods On 4Q14 Earnings Preview

Courtesy of Benzinga.

Related
From Coca-Cola To Tesla, Here Are The 68 Most Important Earnings Expectations For The Week
Will Twitter Surprise Tomorrow?
My DGI Plan Portfolio 2014 Fourth Quarter Review (Seeking Alpha)

In a report published Monday, Deutsche Bank analyst Eric Katzman reiterated a Hold rating on Kraft Foods Group Inc (NASDAQ: KRFT), and raised the price target from $57.00 to $61.00.

In the report, Deutsche Bank noted, “Though some view mgmt changes as signaling future value creation, we are wary given valuation. We continue to see a tough environment and believe investors are overly optimistic on strategic options. While we view a 3.5% div. yield and solid B/S (2.5x net debt/EBITDA) as providing support, we see fundamental challenges in 2015. HOLD.”

Kraft Foods closed on Friday at $66.77.

Latest Ratings for KRFT

Date Firm Action From To
Jan 2015 Goldman Sachs Upgrades Neutral Conviction Buy
Jan 2015 Citigroup Downgrades Neutral Sell
Dec 2014 Credit Suisse Maintains Neutral

View More Analyst Ratings for KRFT
View the Latest Analyst Ratings

Posted-In: Deutsche Bank Eric KatzmanAnalyst Color Price Target Analyst Ratings





Benzinga's Top Upgrades

Courtesy of Benzinga.

Benzinga's Top Upgrades

Related MOS
Morgan Stanley Upgrades Mosaic To Overweight
UPDATE: Morgan Stanley Upgrades Mosaic Company On Multiple Positive Factors

Related PFE
BMO Capital Upgrades Pfizer To Outperform
US Stock Futures Signal Lower Start On Wall Street
Pfizer's Acquisition Of Hospira Looks Good (Seeking Alpha)

Analysts at Morgan Stanley upgraded Mosaic Co (NYSE: MOS) from Equal-weight to Overweight. The price target for Mosaic is set to $56. Mosaic’s shares closed at $49.70 on Friday.

Analysts at BMO Capital upgraded Pfizer Inc. (NYSE: PFE) from Market Perform to Outperform. The price target for Pfizer has been raised from $33 to $36. Pfizer’s shares closed at $33.17 on Friday.

Stifel Nicolaus upgraded Conn’s Inc (NASDAQ: CONN) from Hold to Buy. The price target for Conn’s is set to $33. Conn’s shares closed at $22.49 on Friday.

Analysts at Hamburger Sparkasse upgraded Intel Corporation (NASDAQ: INTC) from Sell to Neutral. Intel’s shares closed at $33.29 on Friday.

Latest Ratings for MOS

Date Firm Action From To
Feb 2015 Morgan Stanley Upgrades Equal-weight Overweight
Jan 2015 CIBC Downgrades Sector Perform Sector Underperform
Nov 2014 Citigroup Maintains Neutral

View More Analyst Ratings for MOS
View the Latest Analyst Ratings

Posted-In: top upgradesUpgrades Analyst Ratings





 
 
 

Phil's Favorites

Congress is considering privacy legislation - be afraid

 

Congress is considering privacy legislation – be afraid

Courtesy of Jeff Sovern, St. John's University

Supreme Court Justice Louis Brandeis called privacy the “right to be let alone.” Perhaps Congress should give states trying to protect consumer data the same right.

For years, a gridlocked Congress ignored privacy, apart from occasionally scolding companies such as Equifax and Marriott after their major data breaches. In its absence, ...



more from Ilene

Zero Hedge

Key Events This Week: Trade War, EU Elections, Durables, PMIs And Fed Minutes

Courtesy of ZeroHedge

Looking at this week's key events, Deutsche Bank's Craig Nicol writes that while the unpredictable nature of US-China trade developments will likely continue to be the main focus for markets again next week, we also have the European Parliament elections circus to look forward to as well as various survey reports including the flash May PMIs which may offer some insight into the impact of trade escalation on economic data. The FOMC and ECB meeting minutes are also due, along with a heavy calendar of Fed officials speaking.

The European Parliament elections will kick off next Thursday with voting continuing into the weekend across the continent, with results expected on Sunday. With the elections surrounded by internal and external challenges for the EU, members di...



more from Tyler

Kimble Charting Solutions

Will S&P 500 Double Top Derail The Rally?

Courtesy of Chris Kimble.

The rally off the December stock market lows has been strong, to say the least. The S&P 500 rallied 25 percent before hitting and testing the 2018 high.

The old highs proved to be formidable resistance and ushered in some volatility in May… and a 5 percent pullback.

In today’s 2-pack, we look at that resistance level – could that be a double top? We can see similar patterns develop on the S&P 500 Index and its Equal Weight counterpart.

Both indexes are testing short-term Fibonacci retracement levels of the recent decline at point (2).

What takes place here after potential double top highs will be important. Stay tuned...



more from Kimble C.S.

Insider Scoop

60 Biggest Movers From Friday

Courtesy of Benzinga.

Gainers
  • Fastly, Inc. (NYSE: FSLY) shares jumped 50 percent to close at $23.99 on Friday. Fastly priced its 11.25 million share IPO at $16 per share.
  • Outlook Therapeutics, Inc. (NASDAQ: OTLK) shares climbed 37.3 percent to close at $2.10 on Friday after the stock rose over 68 percent Thursday following an Oppenheimer initiation at Outperform with a price target of $12.
  • Cray Inc. (NASDAQ: CRAY) shares rose 22.5 percent to close at $36.52 after Hewlett Packard Enterpri...


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

Chart School

Weekly Market Recap May 18, 2019

Courtesy of Blain.

China – U.S. trade talk continued to dominate the week.   A heavy selloff Monday was followed by 3 up days, with Friday moderately down.

On Monday, Chinese officials announced retaliatory tariffs against the U.S., hitting $60 billion in annual exports to China with new or expanded duties that could reach 25%.

Then on Wednesday:

The Trump administration plans to delay a decision on instituting new tariffs on car and auto part imports for up to six months, according to media reports.

...

more from Chart School

Digital Currencies

Cryptocurrencies are finally going mainstream - the battle is on to bring them under global control

 

Cryptocurrencies are finally going mainstream – the battle is on to bring them under global control

The high seas are getting lower. dianemeise

Courtesy of Iwa Salami, University of East London

The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what ...



more from Bitcoin

Biotech

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

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

 

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

A map of DNA with the double helix colored blue, the landmarks in green, and the start points for copying the molecule in red. David Gilbert/Kyle Klein, CC BY-ND

Courtesy of David M. Gilbert, Florida State University

...



more from Biotech

ValueWalk

More Examples Of "Typical Tesla "wise-guy scamminess"

By Jacob Wolinsky. Originally published at ValueWalk.

Stanphyl Capital’s letter to investors for the month of March 2019.

rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...



more from ValueWalk

Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



more from Our Members

Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



more from M.T.M.

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 ...



more from OpTrader

Promotions

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

...

more from Promotions





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 >>