Archive for February, 2017

Mapping America’s Friends, Foes, & Frenemies

Courtesy of ZeroHedge. View original post here.

Subject to change…

Map created by reddit user ShilohShay

Via BrilliantMaps.com,

The map above shows which countries Americans consider their allies and friends and those they consider unfriendly or even their enemy.

The data is based off a YouGov poll conducted between January 28 – February 1, 2017, which asked 7,150 adults living in the United States the question:

“Do you consider the countries listed below to be a friend or an enemy of the United States?”

 

Reddit user ShilohShay explains that:

For the purpose of extrapolating more interesting data from the poll, I only added a country to “Don’t Know” in this map if 50% or more of Americans picked that option. Otherwise I went with the plurality opinion.

Top 10 US Allies were:

  1. Canada
  2. Australia
  3. UK
  4. France
  5. Italy
  6. Ireland
  7. Israel
  8. Norway
  9. Sweden
  10. Germany

Top 10 US Enemies were:

  1. North Korea
  2. Iran
  3. Syria
  4. Iraq
  5. Afghanistan
  6. Russia
  7. Libya
  8. Somalia
  9. Pakistan
  10. Palestine

While many of the enemies are the ones you’d expect, only 11% of Americans consider China their enemy and just 9% consider Cuba their enemy.





News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Treasuries Plunge After Fed Speakers Jolt March Hike Odds Higher (Bloomberg)

Treasuries plunged after comments from Federal Reserve officials led traders to ramp up bets that the central bank will raise interest rates in the middle of next month.

US Economy Grew Weak 1.9 Percent Rate In 4th Quarter (Associated Press)

The U.S. economy grew at an anemic 1.9 percent rate in the fourth quarter, unchanged from an initial estimate, although consumers performed better than first thought.

BMO sees bond sell-off on 'sea change' in Canadian growth outlook (Bloomberg)

Investors should brace for a sell-off in Canadian bonds because the country’s economy is doing better than most people think, according to BMO Capital Markets.

Fed's Kaplan: Trade relationship with Mexico has improved U.S. (CNBC)

In an CNBC.com exclusive, Dallas Fed President Robert Kaplan talks trade, oil, and the future of Dodd-Frank with CNBC's Steve Liesman.

China said to probe speculation in commodity futures rally (The Business Times)

China's top economic planner is investigating whether speculation has distorted commodity futures prices, due to concerns that the recent rally will drive inflation higher, according to people with knowledge of the matter.

U.S. Looks Set to Export First LNG on Canada's Behalf (Bloomberg)

A year after shipping its first cargo of shale gas overseas, the U.S. is looking to do the same for Canada.

Cheniere Energy Inc. said Tuesday that it’ll receive supplies from the Montney shale play, which straddles Alberta and British Columbia.

Icahn's $126 Million Gain on Biofuel Deal Prompts Criticism (Bloomberg)

Carl Icahn’s stake in a Texas refiner grew by as much as $126 million Tuesday after the billionaire investor and special adviser to President Donald Trump helped broker a proposal to alter U.S. biofuels policy.

Why ‘Rich Dad’ author Robert Kiyosaki still thinks the market is about to crash (Market Watch)

Robert Kiyosaki, author of the “Rich Dad” series of books, has for years predicted an epic market crash when baby boomers, forced by law,


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Mid-Afternoon Market Update: Weight Watchers Rises On Upbeat Earnings; Babcock & Wilcox Shares Drop

Courtesy of Benzinga.

Toward the end of trading Wednesday, the Dow traded up 1.63 percent to 21,150.38 while the NASDAQ climbed 1.38 percent to 5,905.84. The S&P also rose, gaining 1.52 percent to 2,399.67.

Leading and Lagging Sectors

Basic materials shares climbed by 2.37 percent in trading on Wednesday. Meanwhile, top gainers in the sector included Handy & Harman Ltd (NYSE: HNH), and Mechel PAO (ADR) (NYSE: MTL).

In trading on Wednesday, utilities shares fell by 0.08 percent. Meanwhile, top losers in the sector included FirstEnergy Corp. (NYSE: FE), down 3 percent, and TransAlta Corporation (USA) (NYSE: TAC), down 2 percent.

Top Headline

Best Buy Co Inc (NYSE: BBY) reported better-than-expected earnings for its fourth quarter, but sales missed estimates. The company also issued weak earnings forecast for the current quarter.

Best Buy reported Q4 adjusted earnings of $1.95 per share on revenue of $13.482 billion. Analysts were expecting earnings of $1.67 per share on revenue of $13.62 billion.

Best Buy expects Q1 adjusted earnings of $0.35 to $0.40 per share, versus analysts’ estimates of $0.49 per share.

Equities Trading UP

Stone Energy Corporation (NYSE: SGY) shares shot up 294 percent to $27.40. On Tuesday, Stone Energy reported the successful completion of financial restructuring and emergence from bankruptcy. After a previous 10-to-1 reverse split in summer of 2016, the new restructuring will effectively result in another 5.67-to-1 reverse split for Stone shareholders. National Securities upgraded Stone Energy to Buy.

Shares of Skyline Medical Inc (NASDAQ: SKLN) got a boost, shooting up 27 percent to…
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Benzinga’s Option Alert Recap From March 1

Courtesy of Benzinga.

Benzinga Pro provides its subscribers with real-time alerts of potentially market-moving options activity.

Here’s a recap of the options alerts from Wednesday March 1, 2017. All time stamps are in Eastern Time.

  • 5:53:54pm: PSTG Pure Storage Mar 15.0 Calls Sweep: 957 @ ASK $0.10: 1001 traded vs 281 OI: Earnings today After Close $11.28 Ref
  • 5:33:38pm: FEYE FireEye Mar 24th 13.0 Calls Sweep: 779 @ ASK $0.09: 804 traded vs 2686 OI: Earnings 5/4 After Close (est) $11.06 Ref
  • 4:59:33pm: KR Kroger Mar 31.0 Calls: 2000 @ ASK $1.75: 3940 traded vs 70 OI: Earnings tmrrw Before Open $32.10 Ref
  • 4:57:00pm: BID Sotheby’s Apr 45.0 Puts Sweep: 1023 @ ASK $1.363: 1025 traded vs 64 OI: Earnings 5/8 Before Open (est) $46.97 Ref
  • 3:59:24pm: MRVL Marvel Tech Mar 18.0 Calls Sweep: 1000 @ ASK $0.09: 1015 traded vs 210 OI: Earnings tmrrw After Close $15.94 Ref
  • 3:35:55pm: WFM Whole Foods Mar 3rd 31.5 Calls Sweep: 640 @ ASK $0.07: 1348 traded vs 2946 OI: Earnings 5/3 After Close (est) $30.81 Ref
  • 3:34:06pm: FRO Frontline Mar 7.0 Calls Sweep: 898 @ ASK $0.195: 923 traded vs 1779 OI: $7.00 Ref
  • 3:23:47pm: FRED FRED Apr 25.0 Calls: 755 @ ASK $0.65: 22k traded vs 607 OI: Earnings 3/22 Before Open (est) $18.80 Ref
  • 3:22:06pm: CRBP Corbus Pharma Mar 7.5 Puts Sweep: 500 @ ASK $0.45: 760 traded vs 995 OI: Earnings 3/24 After Close (est) $9.02 Ref
  • 3:09:40pm: P Pandora Mar 14.0 Calls Sweep: 4454 @ ASK $0.13: 6051 traded vs 13k OI: Earnings 4/27 After Close (est) $12.22 Ref
  • 2:29:08pm: TWTR Twitter Mar 15.5 Put; 2231 @Bid @$0.27
  • 2:04:24pm: YPF YPF Mar 22.0 Calls Sweep: 500 @ ASK $0.35: 2000 traded vs 1296 OI: Earnings 3/9 After Close $21.18 Ref


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What The Sell Side Is Saying About Ramaco Resources

Courtesy of Benzinga.

Wall Street brokerages started coverage of Ramaco Resources Inc (NASDAQ: METC) on a bullish note, with both Credit Suisse and BMO Capital being Outperform rated on the stock.

Ramaco, which began trading in early February, is a metallurgical coal producer. The company is transitioning from development phase into production phase, with four projects expected to result in annual metallurgical coal production of about 1.1 million tons in 2017, growing to about 4.4 million tons by 2022.

Curt Woodworth of Credit Suisse says Ramaco offers compelling growth in the US / seaborne coking coal market with a cost structure that should provide meaningful FCF generation and dividend payouts once at scale.

“We are bullish on the medium-term fundamentals for seaborne coking coal driven by global growth in steel production and structural capacity reduction in China of coal and steel, which should support above-mid-cycle prices in 2017-19,” Woodworth wrote in a note.

Related Link: A Peek Into The Markets: U.S. Stock Futures Surge Ahead Of Economic Data

Woodworth, who has a price target of $14, also noted that Ramaco has virtually no debt, no legacy liabilities and has a strong management team.

Similarly, BMO’s David Gagliano noted that Ramaco expects cash costs below $60/t through 2025, which would place the company in the first quartile among US met coal producers selling domestically. The analyst has a price target of $15.

“In our view, Ramaco has compelling potential to be a lowcost US met coal producer with a clean balance sheet, significant organic growth, and longer-term free cash flow generation, translating to an attractive investment option for those seeking exposure to metallurgical coal markets,” Gagliano wrote in a note.

In a related development, Seaport Global also launched coverage of Ramaco with a Buy rating and $14 price target.

Shares of Ramaco closed Tuesday’s trading at $10.90.

Latest Ratings for METC

Date Firm Action From To
Feb 2017 Jefferies Initiates Coverage On Buy
Feb 2017 Credit Suisse Initiates Coverage On Outperform
Feb 2017 BMO Capital Initiates Coverage On Outperform

View More Analyst Ratings for METC


View the Latest Analyst Ratings

Posted-In: BMO Capital Credit Suisse Curt Woodworth DAvid GaglianoAnalyst Color Price Target Initiation Analyst Ratings





Lowe’s Delivers Beat And Raise, But Analysts Are Still Cautious

Courtesy of Benzinga.

Lowe's Delivers Beat And Raise, But Analysts Are Still Cautious

Lowe’s Companies, Inc. (NYSE: LOW) shares are up more than 9 percent after a fourth quarter earnings report that saw an impressive 5.1 percent increase in total and U.S. comparable sales, narrowing the gap with the company’s closest competitor Home Depot Inc (NYSE: HD) by 210 basis points.

According to Wedbush analysts, favorable weather, solid merchandising and execution likely drove stronger than expected sales. Softer gross margins by Lowe’s, likely due to the company’s 2016 acquisition of Canadian hardware retailer Rona, were more than offset by strong SCG&A leverage

Despite the solid quarter, Home Depot was able to deliver slightly higher comp growth of 5.8 percent. Lowe’s 2017 guidance came in above expectations with comps expected to increase around 3.5 percent.

Wedbush analysts were cautious about the industry moving forward however, maintaining a Neutral rating on Lowe’s with a $77 price target.

“While we believe the housing cycle still has legs, the best is likely behind us,” the analyst said. “A bevy of negative data points suggest a modest slowdown in underlying home improvement sales growth ahead…LOW’s operational and merchandising momentum may have slowed, making it challenging to close the comp gap with HD, which we believe is key for relative share price outperformance.”

Shares traded recently at $81.07. Wedbush has a Neutral ratings and $77 12-month price target on the stock.

Latest Ratings for LOW

Date Firm Action From To
Feb 2017 Bernstein Initiates Coverage On Underperform
Dec 2016 Citigroup Downgrades Buy Neutral
Nov 2016 Telsey Advisory Group Downgrades Outperform Market Perform

View More Analyst Ratings for LOW


View the Latest Analyst Ratings

Posted-In: WedbushAnalyst Color Earnings Guidance Analyst Ratings Best of Benzinga





Palo Alto Delivers Another ‘Messy’ Quarter

Courtesy of Benzinga.

UBS downgraded Palo Alto Networks Inc (NYSE: PANW) to Neutral from Buy as the company’s second quarter results were marred by execution issues and marked its third set of “messy” quarter in the last four.

Palo Alto reported second quarter revenue/non-GAAP EPS well below consensus and guided third quarter below Street. The disappointing results led the company to lower outlook to flat product growth (from +12-13 percent year-over-year).

Palo Alto also cut F2017 revenue growth guidance to 25 percent from 30-31 percent and non-GAAP EPS view to $2.45-$2.50 from $2.75-$2.80.

Following the weak quarterly print and tepid outlook, shares plunged more than 20 percent, pricing in the now anemic and de-risked FY growth.

“But a sustained stock rebound is likely to be stifled by nebulous conviction on the extent of outperiod growth recovery and skepticism on prior MT/LT financial targets in our view, given the Mar’17 analyst day has now been postponed,” analyst Fatima Boolani wrote in a note.

Related Link: Here’s Why Citron’s Andrew Left Sees Palo Alto Going To $170

Palo Alto is facing strong competition from Cisco Systems, Inc. (NASDAQ: CSCO), while other peers Check Point Software Technologies Ltd. (NASDAQ: CHKP) and Fortinet Inc (NASDAQ: FTNT) too capped off strong CY16s.

Boolani, who cut her price target to $130 from $160, says Cisco’s improved execution would make it tough for Palo Alto to gain share. The analyst said it’s unlikely for the company to get to 30 percent operating margins in the next two years as she models only +200bps of expansion a year from current 20 percent levels.

That said, Boolani remains positive on Palo Alto’s ability to outgrow the firewall market by min. 2x – given the company has just about 40,000 customers in contrast to peers’ ranging from 150-300,000. But, the growth rate is likely to be more moderate given stronger competition.

The analyst noted the company must iron out…
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25 Stocks Moving In Wednesday’s Pre-Market Session

Courtesy of Benzinga.

Gainers

  • Clean Energy Fuels Corp (NASDAQ: CLNE) rose 34.7 percent to $3.30 in pre-market trading after BP plc (ADR) (NYSE: BP) agreed to pay $155 million for Clean Energy’s existing biomethane production facilities.
  • Dynavax Technologies Corporation (NASDAQ: DVAX) shares rose 28.9 percent to $5.80 in pre-market trading after the company reported the FDA acceptance for review of its November’s HEPLISAV-B CRL.
  • Neuroderm Ltd (NASDAQ: NDRM) rose 16.6 percent to $27.00 in pre-market trading after the company disclosed that it has achieved primary endpoint in ND0612H Phase 2 trial for advanced Parkinson’s disease.
  • Big 5 Sporting Goods Corporation (NASDAQ: BGFV) rose 15.2 percent to $15.50 in pre-market trading after the company reported upbeat Q4 earnings and issued a strong forecast.
  • Weight Watchers International, Inc. (NYSE: WTW) shares rose 12.6 percent to $16.20 in pre-market trading as the company posted stronger-than-expected results for its fourth quarter on Tuesday.
  • PDL BioPharma Inc (NASDAQ: PDLI) rose 12.2 percent to $2.40 in pre-market trading. PDL BioPharma reported a $30 million buyback plan.
  • Liquidity Services, Inc. (NASDAQ: LQDT) rose 11 percent to $9.05 in pre-market trading after dropping 0.61 percent on Tuesday.
  • Tribune Media Co (NYSE: TRCO) rose 9.5 percent to $37.80 in pre-market trading. Tribune Media reported Q4 earnings of $0.22 per share on sales of $529.6 million, and announced a $400 million buyback plan.
  • Calithera Biosciences Inc (NASDAQ: CALA) shares rose 8.3 percent to $9.75 in pre-market trading after dropping 0.55 percent on Tuesday.
  • PhotoMedex Inc (NASDAQ: PHMD) shares rose 7.8 percent to $2.35 in pre-market trading after dropping 6.03


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Intel’s Stock Downgraded: ‘The First Step Is Always Denial’

Courtesy of Benzinga.

Intel's Stock Downgraded: 'The First Step Is Always Denial'

Bernstein’s Stacy Rasgon believes Intel Corporation (NASDAQ: INTC) “is facing structural headwinds as datacenter weakens, quality growth becomes more elusive, and competition increases.”

The analyst downgraded the rating on the company from Market Perform to Underperform, while lowering the price target from $36 to $30.

Downward Spiral

Rasgon sees the stock as expensive, especially given that fundamentals are expected to worsen, while capex is expected to reach record highs.

“We may be a little early on this, but we don’t think we’re wrong; on the back of a potentially multi-year re-rating we believe the time has come to put a stake in the ground,” the analyst stated.

Rasgon believes Intel is at the beginning of a multi-year “structural case,” with Datacenter beginning to slow down, growth targets being reset and margins beginning to compress.

Related Link: Intel And AMD Going In Opposite Directions

Increasing Competition

In addition, the environment is becoming increasingly competitive, and the company continues to have high dependence on less attractive “adjacencies.”

The analyst also believes Intel “needs growth to maintain manufacturing scale as core PCs decline, resulting in significantly increased spending but nothing they have on the table for growth is as good as their current businesses have been.”

Rasgon pointed out that “the world seems to be moving against Intel’s strengths,” with growing importance being given to design and architectural expertise.

The company has continued to focus on process, while experiencing delays. On the other hand, its competitors are focused on developing competitive products on processes that seem to be “worse” in theory, although are not necessarily so in practice.

The gross margin and EPS estimates for 2018 and 2019 have been lowered.

Latest Ratings for INTC

Date Firm Action From To
Mar 2017 Bernstein Downgrades Market Perform Underperform
Feb 2017 Canaccord Genuity Downgrades Buy Hold
Jan 2017 Morgan Stanley Upgrades Underweight Equal-Weight

View More Analyst Ratings for INTC


View the Latest Analyst Ratings

Posted-In: Bernstein Stacy RasgonAnalyst Color Downgrades Price Target Top Stories Analyst Ratings Tech Best of Benzinga





March Rate Hike Odds Surge to 80 Percent: New Standard for “Surprisingly Strong” Economy

Courtesy of Mish.

Rate hike odds surged as high as 80% following comments today from two Fed presidents. The odds are 62% as I am typing now. Let’s investigate the spike.

dudley-rate-hike

The Financial Times reports Market Odds of March Rise in US Interest Rates Hit 80%.

The market odds of a March increase in US interest rates shot up to 80 percent on Tuesday as Federal Reserve policymakers insisted they did not need to see Republican tax reforms and other policies before they act.

William Dudley, influential head of the New York Federal Reserve, said that the prospects for adding to the December 2016 rate increase had become “a lot more compelling”.

“It seems to me that most of the data we’ve seen over the last couple months is very much consistent with the economy continuing to grow at an above-trend pace, job gains remain pretty sturdy, inflation has actually drifted up a little bit as energy prices have increased,” he said in an interview with CNN.

Mr. Dudley is typically considered to be a dove on the Fed’s policy-setting board, so his remarks were “significant”, according to Thomas Simons, a money market economist at Jefferies, the investment bank.

“For Dudley, this is as hawkish and specific as you’re going to get,” he said

John Williams, president of the San Francisco Fed, said on Tuesday that a move would be “very much on the table for serious consideration” in March.

Parking the question of higher rates until June, on the other hand, would mean another half-year will have passed since the last rate rise in spite of surprisingly strong economic data.

New Standard for “Surprisingly Strong” Economy

I have no idea what “surprisingly strong” economic data they are referring to given that 4th quarter GDP is 1.9%, and the Atlanta Fed GDPNow model suggests 2.5% for first quarter.

Is 2% the new standard for”surprisingly strong” growth?

Yields Jump

Yields jumped across the board, but rates on the short end rose more than the 30-year long bond.

One-Year Treasuries


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Phil's Favorites

Coronavirus: the blow to the Chinese economy could be felt for years

 

Coronavirus: the blow to the Chinese economy could be felt for years

Courtesy of Chusu He, Coventry University

Investors are still being fairly complacent about the novel coronavirus. After the number of new daily cases suddenly shot up to more than 15,000 on February 12 following more than a week of decline, there were some jitters in the markets. With Chinese authorities saying the increase was due to a decision to broaden the definition for diagnosing people, there were falls in the region of 1% in European markets, and smaller retrenchments in Asia and North America.

It is...



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Biotech & Health

Coronavirus: the blow to the Chinese economy could be felt for years

 

Coronavirus: the blow to the Chinese economy could be felt for years

Courtesy of Chusu He, Coventry University

Investors are still being fairly complacent about the novel coronavirus. After the number of new daily cases suddenly shot up to more than 15,000 on February 12 following more than a week of decline, there were some jitters in the markets. With Chinese authorities saying the increase was due to a decision to broaden the definition for diagnosing people, there were falls in the region of 1% in European markets, and smaller retrenchments in Asia and North America.

It is...



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Zero Hedge

China Adopts 'Cultural Revolution-Style' Social Controls To Crush Outbreak As Death Toll Nears 2,000

Courtesy of ZeroHedge View original post here.

Summary:

  • Taiwan reports 1st coronavirus death
  • Hubei reports 1,933 new cases, 100 deaths
  • Hubei health officials report 1,933 new cases, 100 new deaths
  • Taiwan taxi driver who died from virus carried passengers from mainland, Hong Kong, Macau
  • Singapore reports 3 more cases
  • Total cases aboard 'Diamond Princess' climbs to 355 as US prepares to evacuate citizens
  • Indonesia says 6 passengers from Westerdam cruise ship tested negative
  • There are now at least 68,500 cases worldwide, and at least 1,665 de...


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Members' Corner

How to Stop Bill Barr

 

How to Stop Bill Barr

We must remove this cancer on our democracy.

Courtesy of Greg Olear, at PREVAIL, author of Dirty Rubles: An Introduction to Trump/Russia

...



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The Technical Traders

Is The Technology Sector Setting Up For A Crash? Part I

Courtesy of Technical Traders

One thing that continues to amaze our research team is the total scale and scope of the Capital Shift which is taking place across the globe.  For almost 5+ years, foreign investors have been piling into the US stock market chasing the stronger US dollar and continued advancement of US share prices. It is almost like there is no other place on the planet that will allow investors to pool capital into such a variety of strong assets while protecting against foreign capital risks.  Yet the one big question remains – when will a price reversion event hit the US stock
market?

So many researchers, even our team of researchers, believe we have found the keys to unloc...



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Kimble Charting Solutions

Joe Friday Says Germany (DAX) Could Rally 30%, Happy Valentines Day For The Bulls!

Courtesy of Chris Kimble

German DAX Index “weekly” Chart

The German DAX is one of the more important global stock market indices, as it represents the largest economy / market in the Euro Zone.

So it would be a real treat for the bulls to see this stock market index breakout as we celebrate Valentine’s Day.

The facts, Ma’am. Just the facts; The German DAX looks to have formed a bullish ascending triangle over the past 3 years and it is currently attempting to breakout above the top at (1)....



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Insider Scoop

Nissan Shares Tumble To Decade Low After Q3 Earnings Miss

Courtesy of Benzinga

The shares of Nissan Motor Co. Ltd. (OTC: NSANY) dropped to a decade low on Thursday after the company missed third-quarter earnings estimates and significantly cut its annual forecast for the financial 2019 year.

What Happened

Nissan, on Thursday, reported a net loss o...



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ValueWalk

Russell 2000 Index (RUT) hits an almost one-month high

By Gorilla Trades. Originally published at ValueWalk.

Ad the Russell 2000 Index (INDEXRUSSELL: RUT) hit an almost one-month high today, commenting on today’s trading Gorilla Trades strategist Ken Berman said:

Q4 2019 hedge fund letters, conferences and more

Russell 2000 Index (INDEXRUSSELL: RUT) Outperforms Large-Cap Benchmarks

While the overnight session was nothing short of scary stocks held on to most of yesterday's gains and small-caps even extended their winning streak. The Russell 2000 Index (INDEXRUSSELL: RUT) hit an almost one-month high today, finishing higher for the fourth day in a row while outperforming the large-cap benchmarks, and since the Volatility...



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Chart School

Dow theory warning from the Utilities Index

Courtesy of Read the Ticker

Charles Dow died in 1902, and the investors should thank him for his ever lasting Dow Theory Analysis.

Carrying on this blog theme looking at the Utility stocks. Previous post.
Dow Jones Utility index could trade like the FANGs
Formula for when the Great Stock Market Rally ends



You can learn about Dow Theory here

This post is concerned wi...

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Digital Currencies

Bitcoin Price May Hit $27K All-Time High By Summer, Predicts Fundstrat's Tom Lee

Courtesy of ZeroHedge View original post here.

Authored by William Suberg via CoinTelegraph.com,

Bitcoin is primed for average gains of almost 200% over the next six months, one of its best-known supporters has told mainstream media. 

...



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Lee's Free Thinking

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

 

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

Courtesy of  

The repo market problem isn’t the problem. It’s a sideshow, a diversion, and a joke. It’s a symptom of the problem.

Today, I got a note from Liquidity Trader subscriber David, a professional investor, and it got me to thinking. Here’s what David wrote:

Lee,

The ‘experts’ I hear from keep saying that once 300B more in reserves have ...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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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

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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...

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