Archive for 2017

The Year Of The Headless Liberal Chicken

Courtesy of ZeroHedge. View original post here.

Authored by CJ Hopkins via Counterpunch.org,

According to the Chinese zodiac, 2017 has been the Year of the Rooster. Myself, I’ve decided to designate it the Year of the Headless Liberal Chicken.

I don’t mean that to be insulting … or, all right, I guess I do, a little. But my heart goes out to liberals, seriously. At this point, the amount of utterly baseless, contradictory propaganda, mass hysteria, and just flat out insanity the ruling classes have demanded they swallow is more than any human mind, no matter how medicated, could possibly handle. Is it any wonder so many of them of lost it and started seeing Nazis and Russians coming out of the woodwork?

Just consider what the average liberal has been forced to try to cognitively reconcile since the tragic events of last November …

First came the overwhelming shock of Hillary Clinton’s loss to Trump, a repulsive, word salad-babbling buffoon with absolutely no political experience who the media had been portraying to liberals as the Second Coming of Adolf Hitler. This was a candidate, let’s recall, who jabbered about building a “beautiful wall” to protect us from the hordes of “Mexican rapists” and other “bad hombres” who were invading America, and who had boasted about grabbing women “by the pussy” like a prepubescent 6th grade boy. While he had served as a perfect foil for Clinton, and had provided hours of entertainment in a comic book villain kind of way, the prospect of a Donald Trump presidency was inconceivable in the minds of liberals. So, when it happened, it was like the Martians had invaded.

Mass hysteria gripped the nation. There was beaucoup wailing and gnashing of teeth. Liberals began exhibiting irrational and, in some cases, rather disturbing behaviors. Many degenerated into dissociative states and just sat there with their phones for hours obsessively reloading the popular vote count, which Clinton had won, on FiveThirtyEight. Others festooned themselves with safety pins and went out looking for defenseless minorities who they could “demonstrate solidarity” with. Owen Jones flew in from London to join his colleague Steven Thrasher, who was organizing a guerilla force to resist “the


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Analyst Raises Nike Price Target Ahead Of Q2 Print

Courtesy of Benzinga.

Analyst Raises Nike Price Target Ahead Of Q2 Print

Nike Inc (NYSE: NKE) just received some more good news from Wall Street.

Sentiment appears to be shifting on the world’s largest sportswear company after a host of upgrades and price target increases over the past week.

Shares have hit a new 52-week high.

The Expert

Scott Krasik of Buckingham Research reiterated a Buy rating and raised the price target from $64 to $71.

The Thesis

Although Nike’s upcoming earnings do not appear to be a catalyst for the stock, Krasik projects that Nike’s better-selling new products will scale; markdowns will diminish; and currency headwinds will shift to tailwinds by the second half of the fiscal year. (See Krasik’s track record here.) 

Potential for greater share repurchases exists if Nike elects to repatriate overseas cash, Krasik said. 

“Nike is investing to get closer to its consumer, which is margin-accretive in a digital world; at the same time, advanced manufacturing methods will drive product costs lower. At current levels, we view the risk/reward as favorable,” the analyst said. 

Buckingham Research’s channel checks in the second quarter were favorable in North America and China, but the analyst said there is sequential wholesale pressure in Western Europe.

Nike is set to report second-quarter earnings after the close Dec. 21. 

Price Action

Nike shares were up slightly at $64.97 at the time of publication. 

Related Links:

Nike Appears To Be Finally Turning The Corner; China Spurs Growth

Canaccord Genuity: Foot Locker’s Fortunes Are Turning Toward The Upside

Latest Ratings for NKE

Date Firm Action From To
Dec 2017 Argus Upgrades Hold Buy
Nov 2017 HSBC Downgrades Buy Hold
Oct 2017 Goldman Sachs Downgrades Buy Neutral

View More Analyst Ratings for NKE


View the Latest Analyst Ratings

Posted-In: Buckingham Research Scott KrasikAnalyst Color Price Target Reiteration Analyst Ratings Best of Benzinga





Mmm, Mmm Mergers: M&A In The Food Sector

Courtesy of Benzinga.

Mmm, Mmm Mergers: M&A In The Food Sector

Monday’s session featured two notable M&A deals in the food sector. Hershey Co (NYSE: HSY) agreed to acquire Amplify Snack Brands Inc (NYSE: BETR) in a deal which values the company at $12 billion. And Campbell Soup Company (NYSE: CPB) agreed to acquire Snyder’s-Lance Inc (NASDAQ: LNCE) for $4.87 billion.

Hershey-Amplify

Hershey agreed to acquire Amplify for $12 per share in cash, which represents a premium of around 70 percent compared to the stock’s closing price on Friday.

The acquisition fits in with Hershey’s strategy of becoming an “innovative snacking powerhouse,” Hershey said in a press release. Moreover, the acquisition gives the chocolate company exposure to a key sub-segment of the warehouse snack aisle.

Hershey expects the deal to be accretive to its financial targets, as Amplify operates mostly in the fast-growing “better for you” snack category.

Campbell-Snyder’s

Campbell Soup agreed to acquire Snyder’s-Lance for $50 per share — a deal CNBC reported as being imminent last week.

The iconic soup company has seen sales of its simple meals and beverages segment, including soup and V8 beverages, fall on an annual basis since 2015, according to CNBC. But sales of its global biscuits and snacks division rose 3 percent in the recent quarter, so adding Snyder’s snack brands is expected to bolster the stronger food unit and create a bigger foothold in convenience stores.

“This acquisition will dramatically transform Campbell, shifting our center of gravity and further diversifying our portfolio into the faster-growing snacking category,” CEO Denise Morrison said in a Monday statement.

Related Links:

Here’s A Sweet Investment Idea: Buy Hershey To Play Falling Cocoa Prices

Campbell Soup’s New Acquisition Makes Sense But Comes At A Steep Price

Posted-In: food food stocks Healthy SnacksAnalyst Color News M&A Top Stories Analyst Ratings Best of Benzinga





Here’s What’s Coming Up On PreMarket Prep For December 18

Courtesy of Benzinga.

Here's What's Coming Up On PreMarket Prep For December 18

On today’s edition of PreMarket Prep, we’re discussing followthrough from Friday’s after-hours trading action, M&A in food and healthcare, and an upgrade for Twitter Inc (NYSE: TWTR). 

Get caught up on everything else you need to know this morning:

Watch PreMarket Prep LIVE in the video below:

PreMarket Prep is a daily trading ideas show hosted by former floor trader Joel Elconin and prop trader Dennis Dick. You can listen to the show live and participate in our chatroom every day from 8-9 a.m. ET here. The show is also available on YouTube Live. The podcast is available on iTunes, Soundcloud, and Stitcher.

Posted-In: PreMarket PrepTechnicals Previews Pre-Market Outlook Markets Media Trading Ideas





6 Stocks To Watch For December 18, 2017

Courtesy of Benzinga.

6 Stocks To Watch For December 18, 2017

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

  • Hershey Co (NYSE: HSY) is nearing a deal to acquire Amplify Snack Brands Inc (NYSE: BETR) for $12.00 per share, CNBC reported. Amplify Snack shares dropped 2.37 percent to close at $ 7.00 on Friday, while Hershey shares rose 0.69 percent to close at $114.14 on Friday.
  • Vipshop Holdings Ltd – ADR (NYSE: VIPS) shares surged over 36 percent in pre-market trading following announcement of $863 million investment by JD.com and Tencent. Vipshop shares jumped 36.26 percent to $11.50 in pre-market trading.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

  • Kellogg Company (NYSE: K) reported a $1.5 billion buyback plan. Kellogg shares dropped 0.09 percent to close at $64.99 on Friday.
  • Humana Inc (NYSE: HUM) and private equity firms are in advanced talks to acquire Kindred Healthcare, Inc. (NYSE: KND), Dow Jones reported. Kindred Healthcare shares gained 5.52 percent to close at $8.60 on Friday, while Humana shares rose 1.21 percent to close at $253.64 on Friday.

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





Meet The Team Building North Korea’s Nuclear Missiles

Courtesy of ZeroHedge. View original post here.

In recent years, North Korea has frustrated the US intelligence community, which has struggled to determine exactly how Kim Jong Un and his regime have managed to make so much progress, so quickly in their quest to develop a nuclear weapon capable of striking the Continental US.

The international community has authorized one round of sanctions after another, and yet they appear to have little impact on the country’s economy. If anything, these efforts have only served to strengthen the Kim’s grip on power by feeding the narrative – taught to every North Korean child – that the US is an evil, imperialist antagonist bent on subjugating the North.

While the exact means by which the North has managed to survive such immense international pressure remain a mystery, the New York Times has a theory: North Korean leader Kim Jong Un has cultivated an aura of reverence and celebrity around the country’s nuclear scientists.

These celebrity scientists are known by nicknames like the “nuclear duo” and the “missile quartet”.

They also occupy a unique place in the North Korea power structure: While Kim, 33, has executed scores of senior officials – including his own uncle – he has turned the scientists into public heros. So far, not one nuclear scientist has been punished by the regime.

“We have never heard of him killing scientists,” said Choi Hyun-kyoo, a senior researcher in South Korea who runs NK Tech, a database of North Korean scientific publications. “He is someone who understands that trial and error are part of doing science."

As a result of this, each of the six nuclear tests conducted since 2006 has been more powerful than the last, an incredible feat of engineering, considering the restraints.

Kim has elevated science as an ideal in the regime’s propaganda and put his fondness for scientists and engineers on prominent display across North Korea.

One of the carrots Kim has offered his prized scientists is a street called “Future Scientists Street”. Opened four years after Kim assumed power in 2011, the street is reportedly filled with gleaming towers for scientists, engineers and their families.

Kim also opened a sprawling


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Newsweek: “U.S. Government Planned False Flag Attacks to Start War”

Courtesy of ZeroHedge. View original post here.

Mainstream Media Admits that False Flags Are Real

Last month, Newsweek ran an article headlined (all caps in original Newsweek title):

U.S. GOVERNMENT PLANNED FALSE FLAG ATTACKS TO START WAR WITH SOVIET UNION, JFK DOCUMENTS SHOW

The article notes:

The U.S. government once wanted to plan false flag attacks with Soviet aircraft to justify war with the USSR or its allies, newly declassified documents surrounding the assassination of President John F. Kennedy show.

***

False flag attacks are covert operations that make it look like an attack was carried out by another group than the group that actually carried them out.

The mainstream media is finally catching up with what historians have long documented …

After all, influential royal advisors have been advocating false flag attacks for more than 2,000 years … and false flag attacks are so common that U.S. officials commonly discuss them.

Indeed, there are now so many admissions by government officials of false flag terror that only the willfully ignorant still doubt the reality of the concept.





2018: The Year Central Banks Begin Buying Cryptocurrency

Courtesy of ZeroHedge. View original post here.

Authored by Eugene Etsebeth via CoinDesk.com,

Behind closed doors, G7 central banks are sluggish traders that buy and sell the same foreign currencies, marketable securities, special drawing rights (SDR) and gold day in and day out.

Central bank traders follow the investment policy enforced by the executive committees with specific asset allocation targets. In order of importance, the objective for foreign reserves trading generally is liquidity, security and returns (in last place).

Currently, the G7 is only concerned with the "appropriate regulation" of cryptocurrencies and not with the asset class potential of cryptocurrencies. Bitcoin, ether and zcash are nowhere to be found on the list of eligible instruments and currencies that central bankers are allowed to trade.

In 2018, things will be different. G7 central banks will start buying cryptocurrencies to bolster their foreign reserves.

The times they are a-changin'.

Background

One of the core functions of a central bank is to manage their nation-state, or union's, official gold and foreign exchange reserves.

Reserves are integral to ensuring that a nation-state can service its foreign exchange liabilities and maintain confidence in its monetary and exchange rate policies. Overall, the financial stability that comes from hording gold and foreign reserves has historically protected the economic well-being of citizens in the event of external shocks.

Gold is commonly held because it is used as protection against black swan economic events. It can be used as a buffer against calamity because of its high liquidity, currency attributes and its diversification benefits.

Foreign exchange is also highly liquid and has diversification benefits (compared to a central bank's own currency). Foreign exchange is mainly accumulated through buying of foreign exchange in the spot market, conducting money market swaps in foreign exchange for investing and domestic liquidity management in term and call deposit accounts with foreign banks.

Interconnectedness

The G7 countries are interconnected through a lattice of political, financial and trade agreements.

This club of countries hold massive reserves of each other's currencies – called foreign exchange reserves. Most of these countries also hold vast warehouses of gold reserves. Canada is the exception, as they


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Artist’s Impression Of Mainstream Media In 2017

Courtesy of ZeroHedge. View original post here.

Chasing tall tales…

Source: Ben Garrison
 





Poll Shows Nation Divided Between ‘America First’ And ‘Blame America First’

Courtesy of ZeroHedge. View original post here.

Authored by Ginni Thomas via The Daily Caller,

Despite the real possibilities of alienating paying customers, the NFL, Starbucks, Target, Chick Fil-A and a host of entertainers continue choosing sides in an escalating culture war centering on America’s past and future. As a new poll documents, citizens increasingly fear expressing their love of country or expressing their political views, for instance by wearing a Make America Great Again cap.

George Barna, executive director of the American Culture and Faith Institute, recently released a patriotism poll documenting a surprising degree of polarization and politicization of Americans after the first year of President Donald Trump’s governance.

Different world views, values and even meanings of words fragment the citizenry…

For conservatives, according to the poll, the most patriotic organizations and individuals include the National Rifle Association, Chick-Fil-A, the Republican Party, Fox News and Hobby Lobby. The least patriotic to conservatives are: CNN, The New York Times, NFL, Planned Parenthood, Target, Starbucks, Colin Kaepernick, Michael Moore, Rachel Maddow and Al Sharpton.

Liberals think the most patriotic institutions and people are the Democratic Party, Colin Kaepernick, the U.S. Supreme Court, Planned Parenthood, Michael Moore, The New York Times, and the NFL. The least patriotic to liberals are Chick-Fil-A, Fox News and Hobby Lobby.

To Barna, the NFL “take a knee” controversy was a cultural flashpoint demanding citizens and leaders to take a stand. His survey showed that conservatives were offended by the NFL while liberals were excited about the courage of those making a stand. Trump, Barna says, did the right thing to weigh in, as elected leaders have the responsibility to make sense of the reality unfolding around them.

Ninety-one percent of who Barna labels as SAGECONS (spiritually active, governance engaged, Christian conservatives) turned out to vote in the presidential election in 2016, and 93 percent of them voted for Trump. While only 9 percent of SAGECONS supported Trump in June 2015, 93 percent of them voted for him in November 2016. Also surprising, Barna says, is that while 58 percent of Americans voted nationwide, 91 percent of these faith-based voters came out to vote. These faith-driven voters “had a


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Insider Scoop

10 Stocks To Watch For November 12, 2019

Courtesy of Benzinga

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

  • Wall Street expects D. R. Horton Inc (NYSE: DHI) to report quarterly earnings at $1.25 per share on revenue of $4.86 billion before the opening bell. D.R. Horton shares rose 1.3% to $53.31 in after-hours trading.
  • Analysts expect Skyworks Solutions, Inc. (NASDAQ: SWKS...


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Phil's Favorites

How To Spend $45,000 On A $27,000 Car

Courtesy of Mike Shedlock, MishTalk

As cars become more expensive, and trade-ins worth less and less, buyers go deeper in debt on new cars.

Please consider taking a $45,000 Loan for a $27,000 Ride.

Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon—referred t...



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Zero Hedge

How To Spend $45,000 On A $27,000 Car

Courtesy of Mike Shedlock, MishTalk

As cars become more expensive, and trade-ins worth less and less, buyers go deeper in debt on new cars.

Please consider taking a $45,000 Loan for a $27,000 Ride.

Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon—referred t...



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The Technical Traders

Welcome to the Zombie-land Of Investing - Part I

Courtesy of Technical Traders

This current market environment is very reminiscent of the 2006-08 market environment where price rotated into weakness on technicals and continued to establish new all-time price highs in the process – creating what we are calling a “zombie-land melt-up”.  This very dangerous price action is indicative of money chasing a falling trend.  Where technicals and fundamentals are suggesting that price is actually weakening quite substantial, yet the process of price exploration is continually biased towards the upside as investors continue to pile onto the back of the beast expecting a further melt-up.

Let’s take a look at what happened to the ES and Gold in 2006 an...



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Kimble Charting Solutions

Gold Indicator Sending Fresh Bearish Message, Says Joe Friday!

Courtesy of Chris Kimble

Could the Gold/US Dollar ratio be sending a fresh concerning message to Gold bulls this week? Joe Friday says Yes!

This chart looks at the Gold/Dollar ratio over the past 8-years.

The intersection of two long-term channel met at (1) a few months ago. The ratio was testing the bottom of one as resistance and the top of another as resistance at the same time.

As the ratio was testing both channels as resistance, a sizeable bearish reversal pattern took place at (1).

Since the reversal pattern took place, the ratio has been heading lower.

Joe Friday Just The Facts Ma’am; The ratio is breaking below...



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Digital Currencies

3 Reasons Why One Trader Didn't "Manipulate" Bitcoin Price To $20K

Courtesy of ZeroHedge View original post here.

Authored by William Suberg via CoinTelegraph.com,

Bitcoin price highs in 2017 were not the result of a single trader on an exchange, the CEO of payment company Circle claims. In a series of tweets on Nov. 4, Jeremy Allaire disputed ...



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Chart School

Gold Gann and Cycle Review

Courtesy of Read the Ticker

Gold has performed well, golden skies are here again. In fact it has been a straight line move, and this is typically unusual and a pause can be expected.

It seems the markets are happy again, new highs in the SP500, US 10 year interest rates look to re bound, negative interest may soften. The US FED has reversed their QT and now doing $250BN (not QE) repo. The main point is the FED has stopped QT, and will do QE forever. The evidence now is the FED put is under market risk and the possibility of excessive losses do not exist. 

Point: If in future if there is market risk, the FED will print it's way out of it.
Subject To: In this blog view. The above is so until the amount required rocks confidence in the US dollar as a reserve currency.&n...



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Lee's Free Thinking

Today's Fed POMO TOMO FOMC Alphabet Soup Unspin

Courtesy of Lee Adler

But make no mistake, if the Fed wants money rates to stay down by another quarter, it will need to imagineer even more money.

That’s on top of the $281 billion it has already imagineered into existence since addressing its “one-off” repo market emergency on September 17. This came via  “Temporary” Repo Man Operations money, and $70.6 billion in Permanent Open Market Operations (POMO) money.

By my calculations that averages out to $7.4 billion per business day. That works out to a monthly pace of $155 billion or so.

If they keep this up, it will be more than enough to absorb every penny of new Treasury supply. That supply had caused the system to run out of money in mid September.  This flood of paper had been inundati...



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Biotech

The Big Pharma Takeover of Medical Cannabis

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

 

The Big Pharma Takeover of Medical Cannabis

Courtesy of  , Visual Capitalist

The Big Pharma Takeover of Medical Cannabis

As evidence of cannabis’ many benefits mounts, so does the interest from the global pharmaceutical industry, known as Big Pharma. The entrance of such behemoths will radically transform the cannabis industry—once heavily stigmatized, it is now a potentially game-changing source of growth for countless co...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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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...



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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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