Author Archive for Insider Scoop

A Peek Into The Markets: US Stock Futures Flat Ahead Of Housing Starts, Current Account Data

Courtesy of Benzinga.

A Peek Into The Markets: US Stock Futures Flat Ahead Of Housing Starts, Current Account Data

Pre-open movers

U.S. stock futures traded mostly flat in early pre-market trade. Data on housing starts for August and the current account report for the second quarter will be released at 8:30 a.m. ET.

Futures for the Dow Jones Industrial Average fell 1 point to 26,273.00, while the Standard & Poor’s 500 index futures traded declined 2 points to 2,909.75. Futures for the Nasdaq 100 index slipped 1.5 point to 7,523.

Oil prices traded lower as Brent crude futures fell 0.18 percent to trade at $78.89 per barrel, while US WTI crude futures fell 0.07 percent to trade at $69.80 a barrel. The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is schedule for release at 10:30 a.m. ET.

A Peek Into Global Markets

European markets were mostly higher today, with the Spanish Ibex Index falling 0.12 percent, STOXX Europe 600 Index climbing 0.06 percent and German DAX 30 index gained 0.19 percent. The UK’s FTSE index was trading higher by 0.30 percent, while French CAC 40 Index rose 0.29 percent.

In Asian markets, Japan’s Nikkei Stock Average rose 1.08 percent, Hong Kong’s Hang Seng Index rose 1.19 percent, China’s Shanghai Composite Index climbed 1.14 percent and India’s BSE Sensex dipped 0.45 percent.

Broker Recommendation

Analysts at Jefferies upgraded E*TRADE Financial Corp (NASDAQ: ETFC) from Hold to Buy.

E*TRADE Financial shares rose 1.13 percent to $54.37 in pre-market trading.

Breaking News

  • Command Security Corporation (NYSE: MOC) agreed to be acquired by Prosegur for $2.85 per share.
  • IZEA (NASDAQ: AIZEA) priced its 1.407 million shares at $1.50 per share for gross proceeds of $2.111 million.
  • A-Mark Precious Metals Inc (NASDAQ: AMRK) reported downbeat earnings for its fourth quarter on Tuesday.
  • EVO Payments Inc (NASDAQ: EVOP) reported an offering of 6.022 million shares.

Posted-In: A Peek Into The Markets US Stock FuturesNews Eurozone Futures Global Pre-Market Outlook Markets





‘Growth Is Not Dead Ahead Of 5G,’ Longbow Says Of Skyworks Solutions

Courtesy of Benzinga.

'Growth Is Not Dead Ahead Of 5G,' Longbow Says Of Skyworks Solutions

American semiconductor company Skyworks Solutions Inc. (NASDAQ: SWKS) is a key supplier of radio frequency chips that are used in Apple, Inc. (NASDAQ: AAPL)’s iPhones.

The Analyst

Longbow Research analyst Shawn Harrison maintained a Buy rating on Skyworks Solutions with a $126 price target.

The Thesis

The newly launched iPhones strongly counter the bear case that has surrounded Skyworks shares, Harrison said in a Wednesday note. (See the analyst’s track record here.)

Skyworks anticipates a 10-percent rise annually in phone content driven by model launches ahead of the full 5G switch, the analyst said. 

The iPhone supplier does not consider 5G a step function, as the company pushed back against the bear thesis of limited growth until 5G, Harrison said.

“Management utilized the Sept. 12 launch of three new iPhones to highlight the adoption of three new LTE bands, 4×4 LTE MIMO, and 2×2 WiFI MIMO that it anticipates other OEMs will adopt in pre-5G models with upcoming launches.”

Skyworks anticipates a typical response from Apple products, as well as weak China shipments and overall stock softness, the analyst said

“SWKS expected China softness in its guidance, attributing weakness to the recent trend of smartphone OEMs avoiding the iPhone launch rather than any inventory correction that weak July and August MIIT data would imply.”

The need to diversify is understood, as Skyworks’ valuation is depressed, Harrison said.

The acquisition of Averna Technologies provided unique audio technology and talented management, he said.

“With SWKS appearing to develop a BAW product in house, the focus of future M&A is a further push into IoT and connected car (up to


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BankUnited Downgraded By Morgan Stanley On Headwinds Facing Mid-Cap Banks

Courtesy of Benzinga.

BankUnited Downgraded By Morgan Stanley On Headwinds Facing Mid-Cap Banks

Mid-cap banks are plagued by multiple issues that are hurting growth, according to Morgan Stanley.

The Analyst

Analyst Ken Zerbe downgraded shares of BankUnited (NYSE: BKU) from Overweight to Equal-weight and lowered the price target from $46 to $42.

The Thesis

The primary headwind for mid-cap banks is weaker commercial real estate growth, Zerbe said in the Tuesday downgrade note. (See his track record here.)

The shift is driven by aggressive pricing and terms from non-bank lenders such as insurance companies and debt funds that are leading CRE borrowers away from banks, the analyst said.

Some of the other headwinds for mid-cap banks include the negative impact of tariffs on material costs, weaker consumer lending and lower commercial-line utilization, in Morgan Stanley’s view. 

Zerbe sees the potential for net interest margin pressure, as he said a lower average 1-month LIBOR poses incremental risk to Q3 earnings. The analyst expects a mere 1-basis point increase in NIMs in Q3 compared to a 6-point increase in Q2.

Citing the weaker loan growth and NIM pressure, Morgan Stanley said it is reducing EPS estimates for 18 of its 28 banks under coverage. 

BankUnited is facing the greatest risk from the heightened competition and its decision to de-emphasize New York City CRE, given that the CRE portfolio accounted for 43 percent of its loans compared to 27 percent for peers, Zerbe said. 

Morgan Stanley expects the bank’s CRE balances to decline 2.4 percent in 2018.

The CRE declines exacerbate BankUnited’s slowing overall core loan growth, the analyst said. 

Morgan Stanley is also skeptical of whether bank’s deposit-gathering strategies are helping to meaningfully improve its NIM.

The Price Action

BankUnited shares have lost about 7 percent year-to-date.

Related Links:

Benzinga’s Top Upgrades, Downgrades For September 18, 2018

Macquarie Downgrades Wells Fargo, Comerica, Sees Peak Bank Margins Ahead

Photo by Dustin Blitchok. 

Latest Ratings for BKU

Date Firm Action From To
Sep 2018 Morgan Stanley Downgrades Overweight Equal-Weight
Jul 2018 Morgan Stanley Maintains Overweight Overweight
Apr 2018 Sandler O’Neill Upgrades Hold Buy

View More Analyst Ratings for BKU


View the Latest Analyst Ratings

Posted-In: banks Finance Ken Zerbe mid-cap banksAnalyst Color Downgrades Price Target Analyst Ratings Best of Benzinga





A Peek Into The Markets: US Stock Futures Up Ahead Of Housing Market Index

Courtesy of Benzinga.

A Peek Into The Markets: US Stock Futures Up Ahead Of Housing Market Index

Pre-open movers

U.S. stock futures traded higher in early pre-market trade. The housing market index for September will be released at 10:00 a.m. ET.

Futures for the Dow Jones Industrial Average climbed 48 points to 26,150, while the Standard & Poor’s 500 index futures traded rose 4.75 points to 2,900.75. Futures for the Nasdaq 100 index gained 17 points to 7,482.00.

Oil prices traded higher as Brent crude futures rose 1.22 percent to trade at $79.00 per barrel, while US WTI crude futures gained 1.18 percent to trade at $69.72 a barrel.

A Peek Into Global Markets

European markets were higher today, with the Spanish Ibex Index rising 0.18 percent, STOXX Europe 600 Index climbing 0.08 percent and German DAX 30 index gained 0.13 percent. The UK’s FTSE index was trading higher by 0.15 percent, while French CAC 40 Index rose 0.21 percent.

In Asian markets, Japan’s Nikkei Stock Average rose 1.41 percent, Hong Kong’s Hang Seng Index rose 0.56 percent, China’s Shanghai Composite Index climbed 1.82 percent and India’s BSE Sensex dipped 0.78 percent.

Broker Recommendation

Analysts at Pivotal Research downgraded Discovery Communications Inc. (NASDAQ: DISCA) from Hold to Sell.

Discovery shares fell 1.97 percent to $31.39 in pre-market trading.

Breaking News

  • AutoZone, Inc. (NYSE: AZO) reported better-than-expected earnings for its fourth quarter.
  • General Mills, Inc. (NYSE: GIS) reported upbeat earnings for its first quarter, while sales missed views.
  • Oracle Corporation (NYSE: ORCL) reported upbeat earnings for its first quarter, while sales missed estimates. The company also announced it was adding $12 billion to its buyback plan.
  • Univar Inc (NYSE: UNVR) announced plans to acquire Nexeo Solutions Inc (NASDAQ: NXEO) in a cash and stock transaction valued at $11.65 per share.

Posted-In: A Peek Into The MarketsNews Eurozone Futures Contracts Global Pre-Market Outlook Markets





Discovery Communications’ 20% Gain Difficult To Justify, Pivotal Says In Downgrade

Courtesy of Benzinga.

Discovery Communications' 20% Gain Difficult To Justify, Pivotal Says In Downgrade

Discovery Communications Inc. (NASDAQ: DISCA) shares have gained 20 percent over the past month, a move that’s difficult to justify, according to Pivotal Research Group. 

The Analyst

Pivotal’s Brian Wieser downgraded Discovery Communications from Hold to Sell with an unchanged $26 price target.

The Thesis

Discovery Communications’ stock moved higher over the past month after announcing new agreements with Hulu and and a new distribution with Sling, Wieser said in the downgrade note. (See the analyst’s track record here.)

In addition, the management team presented at an industry conference and offered positive commentary on cost savings related to the Scripps acquisition and positive advertising trends, the analyst said. 

This begs the question: are these encouraging catalysts compelling enough to boost the stock higher by 20 percent?

The answer is no, as the new deals won’t meaningfully change Discovery’s fundamentals, Wieser said. The national TV advertising business remains challenging, and any near-term revenue boost is more a result of an industry-leading increase in ad loads.

The synergies generated from Scripps are notable, yet the company faces higher costs for content production, higher marketing costs and technology expenses for its direct to consumer services, the analyst said. The synergies won’t be able to offset incremental expenses, and the company is likely to show margin erosion, he said. 

Discovery’s 2019 outlook does look incrementally better after a series of encouraging announcements, but they aren’t compelling enough to justify the recent uptick in valuation, according to Pivotal Research. 

Price Action

Discovery Communications shares were down 2 percent at $31.38 at the time of publication Tuesday. 

Related Links:

After 30% Gain, Pivotal Says The Time To Buy Discovery Communications Has Passed

Imperial Capital: Discovery Communications Sell-Off ‘Unnecessary’

Latest Ratings for DISCA

Date Firm Action From To
Sep 2018 Pivotal Research Downgrades Hold Sell
Sep 2018 Macquarie Maintains Outperform Outperform
Sep 2018 Bank of America Maintains Buy Buy

View More Analyst Ratings for DISCA


View the Latest Analyst Ratings

Posted-In: advertising Brian Wieser Hulu Pivotal Research GroupAnalyst Color Downgrades Price Target Analyst Ratings Best of Benzinga





Earnings Scheduled For September 17, 2018

Courtesy of Benzinga.

Earnings Scheduled For September 17, 2018

Companies Reporting Before The Bell

  • Newater Technology, Inc. (NASDAQ: NEWA) is projected to report financial results for the first six months in 2018.
  • MamaMancini’s Holdings, Inc. (OTC: MMMB) is expected to report earnings for its second quarter.

Companies Reporting After The Bell

  • FedEx Corporation (NYSE: FDX) is estimated to post quarterly earnings at $3.82 per share on revenue of $16.88 billion.
  • Oracle Corporation (NYSE: ORCL) is projected to post quarterly earnings at $0.69 per share on revenue of $9.31 billion.

Posted-In: Earnings ScheduledEarnings News Pre-Market Outlook Markets





Bank Of America Raises JPMorgan Price Target, Sees Multiple Growth Avenues

Courtesy of Benzinga.

Bank Of America Raises JPMorgan Price Target, Sees Multiple Growth Avenues

When a company like JPMorgan Chase & Co (NYSE: JPM) has performed as such a high level for so long, investors are often right to start to question how the company and the stock can continue to impress the market.

One analyst said Monday that JPMorgan investors have no reason to worry.

The Analyst

Bank of America analyst Erika Najarian reiterated a Buy rating on JPMorgan and raised the price target from $126 to $132.

The Thesis

JPMorgan should have no problem generating double-digit earnings growth in 2019 and 2020 thanks to expanding its presence in new markets, improving its operating efficiency and continuing its aggressive capital return strategy, Najarian said in a Monday note. (See her track record here.)

Investors may not fully appreciate JPMorgan’s growth opportunities in consumer and commercial banking, the analyst said. JPMorgan has more than 60 million credit card customers, but is nowhere near the largest U.S. bank branch operator in terms of physical branch locations, she said. Branch expansion into markets such as Boston, Philadelphia and Washington, D.C. could help JPMorgan add new customers, in the analyst’s view. 

New products and services could help the company better monetize its massive existing customer base, Najarian said. 

“The company’s recent product launches (e.g., You Invest, Sapphire Banking) should help JPM penetrate its current consumer customer base and make a splash in new markets.” 

Even modest regulatory reform could help JPMorgan reach 19-percent returns on tangible common equity by 2020, the analyst said. 

Price Action

JPMorgan shares were up 0.3 percent at $113.84 at the close Monday. 

Related Links:

With The ‘Easy Trade’ In Financials Now Over, BMO Sees 4 Cheap Bank Stocks With Catalysts

A Concerning Weakness In Bank Stocks

Photo by M.O. Stevens/Wikimedia. 

Latest Ratings for JPM

Date Firm Action From To
Sep 2018 Bank of America Maintains Buy Buy
Jul 2018 DZ Bank Upgrades Hold Buy
Jul 2018 BMO Capital Maintains Market Perform Market Perform

View More Analyst Ratings for JPM


View the Latest Analyst Ratings

Posted-In: Bank of America Merrill Lynch Erika NajarianAnalyst Color Price Target Reiteration Analyst Ratings Best of Benzinga





SunTrust Continues To See Upside Potential In Netflix’s Q3

Courtesy of Benzinga.

SunTrust Continues To See Upside Potential In Netflix's Q3

The bullish case for streaming video platform Netflix, Inc. (NASDAQ: NFLX) remains unchanged after the latest round of monthly data showed encouraging subscriber growth trends, according to SunTrust Robinson Humphrey. 

The Analyst

Analyst Matthew Thornton maintained a Buy rating on Netflix with an unchanged $410 price target.

The Thesis

SunTrust’s proprietary “Search Tracker” data from the first two months of the third quarter supports the following assumptions for the third and fourth quarters, Thorton said: 

  • Domestic Q3 subscriber adds of 0.72 million versus the consensus estimate of 0.67 million and management’s guidance of 0.65 million.
  • International Q3 subscriber adds of at least 5.03 million versus a consensus estimate of 4.44 million and management’s guidance of 4.35 million.
  • Search interest for originals released in the third quarter are up year-over-year.
  • The consensus estimate for fourth-quarter domestic subscriber adds of 1.63 million is “reasonable but not a low hurdle.”
  • The consensus estimate for fourth-quarter international subscriber adds of 6.14 million is ”reasonable.”

Netflix’s second quarter subscriber miss could be attributed to the underperformance of “13 Reasons Why” and competition from the World Cup, the analyst said. Looking forward, the latest round of subscriber data makes it clear subscriber trends not only rebounded but could come in ahead of expectations.

Price Action

Netflix shares were down 2.73 percent at $354.57 at the time of publication Monday. 

Related Links:

Buy Netflix On The Pullback, SunTrust Says

Netflix Vs. Amazon Vs. Nvidia: Picking A Tech Stock For The Long Haul

Latest Ratings for NFLX

Date Firm Action From To
Sep 2018 RBC Capital Maintains Outperform Outperform
Aug 2018 SunTrust Robinson Humphrey Upgrades Hold Buy
Jul 2018 Barclays Maintains Overweight Overweight

View More Analyst Ratings for NFLX


View the Latest Analyst Ratings

Posted-In: Matthew Thornton streaming videoAnalyst Color Price Target Reiteration Crowdsourcing Analyst Ratings General Best of Benzinga





Earnings Scheduled For September 14, 2018

Courtesy of Benzinga.

Earnings Scheduled For September 14, 2018

Companies Reporting Before The Bell

  • Dave & Buster’s Entertainment, Inc. (NASDAQ: PLAY) is estimated to report quarterly earnings at $0.67 per share on revenue of $315.25 million.

Companies Reporting After The Bell

  • MAM Software Group, Inc. (NASDAQ: MAMS) is projected to post quarterly earnings at $0.08 per share on revenue of $9.3 million.

Posted-In: Earnings ScheduledEarnings News Pre-Market Outlook Markets





Raymond James: Axon Still Underappreciated After 170% Pop

Courtesy of Benzinga.

Raymond James: Axon Still Underappreciated After 170% Pop

Axon Enterprise Inc (NASDAQ: AAXN) has surged 169 percent since the beginning of the year — and the Taser manufacturer has more runway ahead, according to Raymond James. 

The Rating

Analyst Brian Gesuale initiated coverage of Axon with an Outperform rating and $79 price target.

The Thesis

As it is, Gesuale considers Axon something of a game-changer. (See the analyst’s track record here.) 

“The company has covered a lot of ground since it launched its successful but episodic Taser hardware business three decades ago and is more recently on a path to build a recurring subscription business that will transform the supply chain of information from the cop to courtroom and redefine engagements between law enforcement and citizens,” the analyst said, crediting Axon with improving police productivity and reducing lethal force.

By his estimation, the firm’s transition from hardware and software sales to recurring-revenue software subscriptions; its insulation from economic and political volatility; and its exit from a low-profit period of high research and development investment merit a constructive outlook.

“The investments (EBIT losses) peaked in 2017 and should improve every year until the crossover to profitability that we are modeling in 2020, with mature margins in that segment by 2022,” Gesuale said. 

An upcoming cloud-based records platform for law enforcement could double Axon’s total addressable market in the next few years, according to Raymond James. 

Price Action

Axon shares were up nearly 2 percent at $72.84 at the time of publication Friday. 

Related Links:

Time For Axon’s Stock To Take A ‘Breather,’ JPMorgan Says

Taser Offers One-Year Free Body-Cam Trial To Every Police Officer In America

U.S. Army photo via Wikimedia. 

Latest Ratings for AAXN

Date Firm Action From To
Sep 2018 Raymond James Initiates Coverage On Outperform
Aug 2018 Imperial Capital Upgrades In-Line Outperform
Aug 2018 Craig-Hallum Downgrades Buy Hold

View More Analyst Ratings for AAXN


View the Latest Analyst Ratings

Posted-In: Brian Gesuale Raymond JamesAnalyst Color Price Target Initiation Analyst Ratings Best of Benzinga





 
 
 

Phil's Favorites

How many Americans really misuse opioids? Why scientists still aren't sure

 

How many Americans really misuse opioids? Why scientists still aren't sure

Defining opioids. Darwin Brandis/shutterstock.com

Courtesy of Joseph Palamar, New York University Langone Medical Center

With rates of prescription opioid use disorder and opioid-involved overdose deaths on the rise, the U.S. opioid crisis appears to be continuing unabated.

Data on overdose and de...



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Kimble Charting Solutions

King Dollar Created Multi-Year Topping Pattern?

Courtesy of Chris Kimble.

The currency markets often play a role in asset management for investors. And one key asset that pays close attention to the US Dollar is Gold (and precious metals). Could a near-term trend change be in store for the US Dollar… and its counterpart, the Euro? Precious metals bulls would love to see the US Dollar topping and the Euro bottoming.

In the chart below, you can see that the two currencies are showing similar reversal patterns – a traditional head and shoulders top for the US Dollar Index and an inverted head and shoulders bottom for the Euro.

BUT, they need to confirm these pattern by breaking down / up.

It’s worth noting that NOTHING has been proved so far, but the potential of both creating longer-term reversal patterns is there and traders should stay tuned.

US D...



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Zero Hedge

Italy's 5 Star Threatens To Ditch Coalition Over Budget Talks, Italian Bonds Slide

Courtesy of ZeroHedge. View original post here.

While the market turmoil over Italy's budget has quieted down in recent weeks as a result of soothing words by the ruling coalition that it would comply with European demands, that snapped moments ago when DPA reported that the leader of Italy's Five Star Movement has threatened to pull the plug on the country's populist government if it cannot find money to implement election campaign promises.

"If we do not find the resources to do what we have said, then it is better for us to go home, there is no point in...



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ValueWalk

How Soon Will A.I. Replace All The Traders: Q&A With Gaurav Chakravorty, CIO Of Qplum

By Jacob Wolinsky. Originally published at ValueWalk.

VW: Tell our readers, what is Qplum?

Qplum is an AI-driven investment management firm. We manage money for individuals, families, and institutions. We actively manage investments using machine learning and deep learning technology.

Our three product lines are:

  1. Wealth, servicing the financial needs of individuals and families via separately managed accounts.
  2. Alpha, for institutional clients only, where we offer different products like GTAA (Global Tactical Asset Allocation), managed futures program, etc. and
  3. Solutions, where we work on customized tactical asset allocation solutions for pension funds and family offices to target a dual loss-aversion and return-seeking investment mandate.

[REITs]

...

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Digital Currencies

Mania to Mania

 

Mania to Mania

Courtesy of 

“Russell rarely played the stock market and had little investing experience when he put around $120,000 into bitcoin in November 2017.”

This comes from a CNN money article, Bitcoin crash: This man lost his savings when cryptocurrencies plunged. From January 2017 through the peak in early 2018, Ethereum gained 16,915%.

Any time you have something go vertical, you just know that some peopl...



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Insider Scoop

A Peek Into The Markets: US Stock Futures Flat Ahead Of Housing Starts, Current Account Data

Courtesy of Benzinga.

Pre-open movers

U.S. stock futures traded mostly flat in early pre-market trade. Data on housing starts for August and the current account report for the second quarter will be released at 8:30 a.m. ET.

Futures for the Dow Jones Industrial Average fell 1 point to 26,273.00, while the Standard & Poor’s 500 index futures traded declined 2 points to 2,909.75. Futures for the Nasdaq 100 index slipped 1.5 point to 7,523.

Oil prices traded ...



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Chart School

Weekly Market Recap Sep 16, 2018

Courtesy of Blain.

Slow and steady drip up all this past week in a very quiet news environment.  A gap down top open the day Tuesday (which was recovered quickly) and a gap up Thursday (which held) were the highlights!

The latest on TRADE WARS!(tm):

Tuesday, news hit that China vowed to retaliate and plans to ask the World Trade Organization next week for permission to impose sanctions on the U.S. for Washington’s noncompliance with a ruling in a dispute over U.S. dumping duties, Reuters reported. That’s part of a dispute that goes back to 2013.

“Trade wars are certainly a concern, but I don’t know that they’re a one...



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Members' Corner

Nike, Colin Kaepernick and the pitfalls of 'woke' corporate branding

 

Adding this article to Members Corner, in case anyone wants to share their opinions on Nike and Kaep, or on divisiveness in general. Also see the article I mentioned in the comments section, "A Warning From Europe: The Worst Is Yet to Come" and What’s behind the current wave of ‘corporate activism’? ~ Ilene

Nike, Colin Kaepernick and the pitfalls of 'woke' corporate branding

Courtesy of Simon Chadwick, University of Salford...



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Biotech

Gene-editing technique CRISPR identifies dangerous breast cancer mutations

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

 

Gene-editing technique CRISPR identifies dangerous breast cancer mutations

Breast cancer type 1 (BRCA1) is a human tumor suppressor gene, found in all humans. Its protein, also called by the synonym BRCA1, is responsible for repairing DNA. ibreakstock/Shutterstock.com

By Jay Shendure, University of Washington; Greg Findlay, ...



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Mapping The Market

Mistakes were Made. (And, Yes, by Me.)

Via Jean-Luc:

Famed investor reflecting on his mistakes:

Mistakes were Made. (And, Yes, by Me.)

One that stands out for me:

Instead of focusing on how value factors in general did in identifying attractive stocks, I rushed to proclaim price-to-sales the winner. That was, until it wasn’t. I guess there’s a reason for the proclamation “The king is dead, long live the king” when a monarchy changes hands. As we continued to update the book, price-to-sales was no longer the “best” single value factor, replaced by others, depending upon the time frames examined. I had also become a lot more sophisticated in my analysis—thanks to criticism of my earlier work—and realized that everything, including factors, moves in and out of favor, depending upon the market environment. I also realized...



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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 ...



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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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All About Trends

Mid-Day Update

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

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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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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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 >>