Author Archive for Insider Scoop

Evercore ISI Raises 2019 Estimates For Lodging Stocks, Says Environment Favorable For Sector

Courtesy of Benzinga.

Evercore ISI Raises 2019 Estimates For Lodging Stocks, Says Environment Favorable For Sector

Evercore ISI is refining its estimates on lodging companies in the wake of first-quarter earnings reports and raised its 2019 EPS estimates across the board. 

The Analyst

Evercore ISI’s Rich Hightower.

The Ratings

  • DiamondRock Hospitality Company (NYSE: DRH) was downgraded from Outperform to In-Line with a price target lowered from $12.50 to $12. (See Hightower’s track record here.)
  • Hyatt Hotels Corporation (NYSE: H)’s price target was raised from $81 to $84. The analyst reiterated an In-Line rating.
  • Hilton Hotels (NYSE: HLT) was upgraded from In-Line to Outperform with a price target lifted from $80 to $86.
  • Host Hotels and Resorts Inc (NYSE: HST) was upgraded from In-Line to Outperform. The analyst raised the price target from $22 to $23.
  • LaSalle Hotel Properties (NYSE: LHO)’s price target was raised from $32 to $34. The analyst reiterated an In-Line rating.
  • Marriott International Inc (NASDAQ: MAR) was upgraded from In-Line to Outperform with a price target raised from $146 to $155.
  • Pebblebrook Hotel Trust (NYSE: PEB) was upgraded from In-Line to Outperform with a price target lowered from $39 to $38. 
  • Park Hotels & Resorts Inc (NYSE: PK) was maintained at Outperform with a $31 price target.
  • Sunstone Hotel Investors Inc (NYSE: SHO) was upgraded from Underperform to In-Line with a  price target lifted from $15.50 to $16.50.

The Thesis

Earnings estimates and the core operating forecast through 2019 were raised for lodging companies in Evercore ISI’s coverage universe. 

“We are now in-line with or slightly above consensus estimates for 2018 and 2019 in practically every case,” Hightower said. 

Economic growth, rising interest rates and more manageable industry supply pressures are making lodging an investor favorite, the analyst said. 

The biggest risk facing lodging equities —


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PayPal’s $2.2-Billion iZettle Acquisition Reassures A Sell-Side Bull

Courtesy of Benzinga.

PayPal's $2.2-Billion iZettle Acquisition Reassures A Sell-Side Bull

Paypal Holdings Inc (NASDAQ: PYPL)’s $2.2-billion acquisition of the Swedish company iZettle gave a KeyBanc Capital Markets added confidence in his bullish thesis for the payments stock. 

The Analyst

KeyBanc’s Josh Beck maintains an Overweight rating on PayPal with an unchanged $90 price target.

The Thesis

PayPal’s acquisition of iZettle, often referred to as the “Square of Europe,” will bolster its omnichannel capabilities at a time when the “lines separating commerce increasingly blur,” Beck said in a research report.

The scale offered by PayPal’s 19 million merchants could accelerate a variety of initiatives at iZettle, the analyst said:

  • The scaling up of its new e-commerce platform.
  • A focus on new geographic regions like Australia.
  • Further penetration in physical retail locations.

The overall potential for omnichannel synergies will likely more than offset the lower profitability profile associated with iZettle’s business over time, Beck said. 

PayPal’s acquisition will likely create “elevated competitive overlap” for rivals like Square Inc (NYSE: SQ) and Brazil-based PagSeguro Digital Ltd (NYSE: PAGS), the analyst said. The total addressable market is large enough to “support multiple beneficiaries,” he said. 

PayPal’s acquisition emphasizes the bullish case for owning the stock, according to KeyBanc. 

Price Action

Shares of PayPal were trading higher by 1.87 percent Friday morning.

Related Links:

Amazon And Payments: The Sell-Side Evaluates How PayPal, Credit Card Issuers Could Be Impacted

The Key To A Successful Fintech Partnership

Latest Ratings for PYPL

Date Firm Action From To
May 2018 UBS Assumes Neutral Buy
Apr 2018 Canaccord Genuity Maintains Hold Hold
Apr 2018 Credit Suisse Maintains Outperform Outperform

View More Analyst Ratings for PYPL


View the Latest Analyst Ratings

Posted-In: iZettleAnalyst Color Fintech News Price Target Reiteration M&A Analyst Ratings Best of Benzinga





Morgan Stanley: Tesla Fatalities Must Be Viewed In Context

Courtesy of Benzinga.

Morgan Stanley: Tesla Fatalities Must Be Viewed In Context

Recent fatal crashes involving Tesla Inc (NASDAQ: TSLA) vehicles have ignited a debate about the company’s Autopilot technology. But the national attention afforded a small portion of U.S. crashes may not be painting an accurate picture of the relative safety of Teslas, according to Morgan Stanley. 

The Rating

Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an Equal Weight rating on Tesla stock with a $291 price target.

The Thesis

The novel technology and disproportionate share of the industry’s media attention may bring Tesla “an extraordinarily high level of scrutiny” that muddies perspective and fuels overreactions, the analysts said in a Friday note. 

The incident rate for the vehicles is relatively unconcerning considering the rising number of Tesla cars on the road, according to Morgan Stanley. 

The analysts count five fatal crashes over an estimated 5 billion miles of driving, and — given about 94 percent of traffic accidents are attributable to human error, according to the National Highway Traffic Safety Administration — it is unlikely that all Tesla-related incidents can be blamed on the brand.

As the firm ramps its fleet through 2020, Morgan Stanley expects more cars on the road to correlate with more incidents.

“If Tesla’s cars were to experience a fatality frequency equal to the U.S. national average as calculated by the Insurance Institute for Highway Safety Highway Loss Data Institute of 1.16 per 100 million vehicle miles, this would imply nearly 90 deaths per year (or 1.7 per week) when applied to our 2020 miles forecast,” Jonas and Sinkevicius said in the note. 

Operating on the assumption that Tesla vehicles are 80 percent safer in terms of fatalities per 100 million vehicle miles, the projected number of annual fatalities in the vehicles is just over 17, according to Morgan Stanley’s calculations. 

Price Action

Tesla shares were set to open down slightly at $284.54 Friday. 

Related Links:

Morgan Stanley Slices Tesla Price Target, Increases Capital Raise Estimate

Study: Tesla The Most Trusted Company In Autonomous


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No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks

Courtesy of Benzinga.

No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks

Cable stocks warrant a premium valuation, as the sector is a better business than wireless, KeyBanc Capital Markets said in an industrywide report.

The Analyst

KeyBanc’s Brandon Nispel and Maddie Schrage initiated coverage of the following stocks:

  • Altice USA Inc (NYSE: ATUS): Overweight, $25 price target.
  • Cable One Inc (NYSE: CABO): Sector Weight, $700 fair value.
  • Charter Communications Inc (NASDAQ: CHTR): Sector Weight, $280 fair value.
  • WideOpenWest Inc (NYSE: WOW): Sector Weight, $9 fair value.
  • Coverage of Comcast Corporation (NASDAQ: CMCSA) was transferred: Overweight rating, $38 price target.

The Thesis

The analysts named four reasons why the stocks remain more favorable to own:

  • Prospects for higher growth.
  • Lower capital intensity should result in expanding free cash flow profiles.
  • Superior profitability.
  • Less competition.

Cable broadband subscriber and market share growth is expected to slow, which implies investors may want to be more selective in their stock ownership, according to KeyBanc. 

Altice

  • Altice boasts an attractive broadband business which should generate steady or improving subscriber trends.
  • The recent end to a programming dispute should yield better products for customers. 
  • The company’s industry-leading adjusted EBITDA margins makes its business “more defensible.”

Cable One

  • Cable One’s growth prospects are “limited” in existing markets.
  • The company’s business is exposed to competition.
  • The company may need to establish a “more aggressive inorganic growth strategy” to finance its growth.

Charter

  • The premium awarded to Charter’s stock above-average broadband subscriber growth is “overvalued.”
  • Charter’s broadband growth is likely to decelerate at a faster rate compared to its peers.
  • The company’s lower bundled customer mix makes it less favorable to own compared to some of its peers.

WideOpen West

  • WideOpen faces the most competition in the broadband space.
  • While the company is improving organic broadband subscriber growth, it is also taking a rate increase.
  • Nevertheless, the stock’s valuation at 6.5x 2019 EBITDA estimates is a discount to cable peer average at 7.8x, so the stock is “relatively inexpensive.”

Related Links:

Altice Has 50% Upside Potential, Buckingham Says In Bullish Initiation

Charter Communications Succeeds In Turnaround Effort, Wells Fargo Says In Upgrade

Posted-In: Brandon Nispel broadband cable Cable StocksAnalyst Color Price Target Initiation Analyst Ratings Best of Benzinga





A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Housing Starts, Industrial Production Data

Courtesy of Benzinga.

A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Housing Starts, Industrial Production Data

Pre-open movers

U.S. stock futures traded slightly higher in early pre-market trade, ahead of earnings from Macy’s, Inc. (NYSE: M). Data on housing starts and permits for April will be released at 8:30 a.m. ET, while data on industrial production for April will be released at 9:15 a.m. ET. Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 8:30 a.m. ET, while St. Louis Fed President James Bullard will speak at 6:30 p.m. ET.

Futures for the Dow Jones Industrial Average rose 17 points to 24,677.00, while the Standard & Poor’s 500 index futures gained 2 points to 2,711.25. Futures for the Nasdaq 100 index climbed 8.25 points to 6,899.50.

Oil prices traded lower as Brent crude futures fell 0.69 percent to trade at $77.89 per barrel, while US WTI crude futures declined 0.22 percent to trade at $71.14 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 0.85 percent, STOXX Europe 600 Index gaining 0.15 percent and German DAX 30 index gaining 0.41 percent. The UK’s FTSE index was trading higher by 0.17 percent, while French CAC 40 Index rose 0.06 percent.

In Asian markets, Japan’s Nikkei Stock Average fell 0.44 percent, Hong Kong’s Hang Seng Index slipped 0.13 percent, China’s Shanghai Composite Index dropped 0.71 percent and India’s BSE Sensex slipped 0.44 percent.

Broker Recommendation

Analysts at Jefferies downgraded 3M Company (NYSE: MMM) from Buy to Hold.

3M shares


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5 Reasons Susquehanna Is No Longer Bearish On AMD

Courtesy of Benzinga.

5 Reasons Susquehanna Is No Longer Bearish On AMD

Despite downgrading Advanced Micro Devices, Inc. (NASDAQ: AMD) to Negative in March, Susquehanna has reversed course with an upgrade, saying “A lot can change in two months.”

The Analyst

Although not quite a bull yet, Susquehanna’s Christopher Rolland issued a note upgrading AMD shares from Negative to Neutral with a price target raised from $8 to $11.

The Thesis

March’s downgrade was in response to what Rolland saw as more than 20 percent of first-quarter revenue stemming from weakening Ethereum-related GPU prospects.

Since then, a number of factors including ones pertaining to Ethereum have changed the analyst’s view of the company.

  1. Bitmain’s new Ethereum ASIC chips, which had previously been concerning to Rolland, have had their value proposition “destroyed” by recent price hikes. The ASIC’s new $2,150 price tag has slashed its price-to-performance ratio by two-thirds, clearing some of the way for AMD.
  2. Ethereum prices have roughly doubled since bottoming on April 6. This has driven a slight reacceleration in GPU purchases for mining.
  3. AMD reported better-than-expected first-quarter earnings. EPS and sales came in at 11 cents and $1.65 billion, respectively, both beating consensus estimates. These results were driven in noticeable part by non-cryptocurrency mining products.
  4. Wall Street has considerably cut back its estimates for Q3, bringing them below seasonality and de-risking some crypto headwinds.
  5. Most importantly, Intel Corporation (NASDAQ: INTC) announced it would push out volume production of its 10nm processors into 2019. This presents AMD the chance to compete at a similar process technology “for the first time in decades,” Rolland said. AMD is expects to sample its 7nm Zen 2 processors by the end of the year.

Price Action

Shares of AMD opened Wednesday up 1.9 percent, and were trading higher by more than 3.5 percent to $12.89 at time of publication.

Related Links:

Cryptocurrency Mining Grew Faster Than Expected, Bernstein Says In Semiconductor Roundup

Wall Street Reacts To Nvidia’s Quarter

Latest Ratings for AMD

Date Firm Action From To
May 2018 Susquehanna Upgrades Negative Neutral
Apr 2018 JP Morgan Maintains Neutral Neutral
Apr 2018 Stifel Nicolaus Maintains Buy Buy

View More Analyst Ratings for AMD


View the Latest Analyst Ratings

Posted-In: Bitmain Christopher Rolland EthereumAnalyst Color Upgrades Price Target Top Stories Analyst Ratings Best of Benzinga





Economic Data Scheduled For Tuesday

Courtesy of Benzinga.

Federal Reserve Bank of Dallas President Robert Kaplan is set to speak at 8:00 a.m. ET.

Data on retail sales for April will be released at 8:30 a.m. ET.

The Empire State manufacturing index for May is schedule for release at 8:30 a.m. ET.

The Johnson Redbook Retail Sales Index for the latest week will be released at 8:55 a.m. ET.

Data on business inventories for May will be released at 10:00 a.m. ET.

The housing market index for May is schedule for release at 10:00 a.m. ET.

Federal Reserve Bank of San Francisco President John Williams will speak at 1:10 p.m. ET.

The Treasury International Capital report for March is schedule for release at 4:00 p.m. ET.

The Treasury is set to auction 4-week bills at 1:00 p.m. ET.

Posted-In: News Economics Pre-Market Outlook Markets





Some Familiar Names Among Short Sellers’ Top Stocks

Courtesy of Benzinga.

Some Familiar Names Among Short Sellers' Top Stocks

FIS Astec Analytics released its latest list of the most popular stocks among short sellers. This week’s list includes some under-the-radar stocks, as well as several that traders know all-too-well.

Here’s a rundown of the hottest stocks among short sellers.

Top Pick: Gogo

In-flight connectivity and entertainment stock Gogo Inc (NASDAQ: GOGO) has been a huge win for short sellers, dropping to a new all-time low of $5.05 within the past week. FIS Astec said short sellers have consistently utilized 90 percent of the available supply of shares over the past 12 months, even when new shares become available.

1. J.C. Penney

Short sellers are hoping for more ugly numbers from J C Penney Company Inc (NYSE: JCP) when it reports earnings on Thursday. FIS Astec reports that short sellers have maxed out their positions with a 100 percent utilization rate on JC Penney shares over most of the past three weeks.

2. Tesla

With its litany of Model 3 production delays and cash burn problems, Tesla Inc (NASDAQ: TSLA) has been a regular on the FIS Astec list. Although utilization rates have eased from their 52-week high of 94 percent earlier this month, Tesla’s utilization rate remains elevated, closing out last week at 85 percent.

3. Frontier Communications

FIS Astec reported that Frontier Communications Corp (NASDAQ: FRT) short interest volume declined 10 percent last week as some holders may have cashed out their positions following a 35 percent rally in the previous week. Short sellers appear to be sticking to their guns, utilizing 83 percent of available shares.

4. Snap

Following its disastrous first-quarter earnings report, Snap Inc (NYSE: SNAP) stock is now flirting with the single digits. Short sellers seem to think it’s only a matter of time, and short interest volume grew 16 percent last week alone.

5. Achaogen

Even with borrowing costs in the double-digits, determined short sellers are biting the bullet to bet against biopharmaceutical company Achaogen Inc (NASDAQ: AKAO). FIS Astec reported that Achaogen’s utilization rate is now 96 percent of available shares.

Related Links:

4 Stocks That Appear To Have Just Started Downtrends

Jim Chanos Reveals Short Thesis On A Couple Of Fast-Food Stocks

Image credit: Miosotis Jade (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Posted-In: FIS Astec Analytics Jim ChanosAnalyst Color Short Sellers Short Ideas Analyst Ratings Trading Ideas Best of Benzinga





Bernstein: ‘Almost 0%’ Chance Of A CBS-Viacom Reunion

Courtesy of Benzinga.

Bernstein: 'Almost 0%' Chance Of A CBS-Viacom Reunion

CBS Corporation (NYSE: CBS)’s move to sue its parent company, National Amusements, brings the likelihood of a combination with Viacom, Inc. (NASDAQ: VIAB) from around 80 percent to “almost 0 percent,” according to Bernstein.

The Analyst

Bernstein’s Todd Juenger upgraded CBS from Market Perform to Outperform with a $65 price target.

The Thesis

CBS’ suit against its parent company and majority shareholder should be seen as encouraging move for corporate America whereby a board of director is standing up for the best interest of shareholders, Juenger said in a note. Specifically, a tie-up with Viacom would generate a “bad outcome” for CBS shareholders and result in downside to the stock to the analyst’s prior $56 price target.

Juenger said CBS will likely see success in its suit as Delaware case law says a “dominant shareholder owes a fiduciary duty to the corporation that precludes him/her from abusing his power of control to extract value from minority shareholders.”

In CBS’ case, a special committee of independent members and a vote by minority shareholders would be needed for any merger to proceed. A special committee has already been appointed by CBS who unanimously concluded a merger with Viacom is against the best interest of CBS shareholders.

National Amusements could in theory overhaul the CBS board with new members but doing so would be extremely suspect, the analyst said. If so-called “independent” members are found to be loyal to one particular party, they could be “personally liable for billions of dollars in damages.”

Price Action

Shares of CBS were trading higher by 1.4 percent at $54.44.

Related Links:

The Latest CBS Drama Series Is Playing Out On The Board, Not On TV

Production Machine: Analyst Feels Comfortable With CBS As Top Pick After Exec Dinner

Latest Ratings for CBS

Date Firm Action From To
May 2018 Bernstein Upgrades Market Perform Outperform
Mar 2018 Citigroup Maintains Buy Buy
Mar 2018 Loop Capital Initiates Coverage On Buy

View More Analyst Ratings for CBS


View the Latest Analyst Ratings

Posted-In: Bernstein National AmusementsAnalyst Color Upgrades Price Target Top Stories Analyst Ratings Media Best of Benzinga





Here’s Where Legal US Sports Betting Is Coming First

Courtesy of Benzinga.

Here's Where Legal US Sports Betting Is Coming First

The U.S. gambling market got some big news Monday when the Supreme Court overturned a ban on sports betting outside of Nevada. The decision opens the door for legalized NFL gambling this season in seven states with regulatory legislation already in place, and more states sure to follow suit.

Congress Slow To Act

Sen. Orrin Hatch (R-UT) is reportedly working on a bill that would implement federal regulations on sports betting rather than leave each state to determine its own set of rules. However, Height Capital Markets analyst Stefanie Miller says it’s unlikely Hatch’s legislation gets passed anytime soon.

“This year, we expect the appetite across enough members in both chambers of Congress to address the issue is extremely low ahead of an election,” Milles wrote on Tuesday.

Miller said sports gambling isn’t a high-priority issue, and gaming regulations have historically been a state-by-state responsibility. She said there may eventually be federal legislation, but it will likely be a long, drawn-out process.

“We do expect members will introduce legislation, however, as policymakers often will introduce bills that never become law either for political reasons or to build what is often a multi-year approach to advancing policies that requires many misses before legislation ever gets a hit,” she said.

Coming To A State Near You

In the meantime, Miller said the states of Nevada, Delaware, New Jersey, New York, Pennsylvania, Mississippi and West Virginia will all likely to have some form of sports betting operation up and running by the time the 2018 NFL season starts in August.

In addition, Miller said the states of Rhode Island, Illinois, Louisiana and Missouri are likely to have some form of sports betting available by the end of 2018.

The states of California, Connecticut, Iowa and Oklahoma have also expressed interest in sports betting, but Miller said they are unlikely to get legislation passed this year.

Related Links:

Be Careful With The Casino ETF After The Supreme Court’s Sports Betting Ruling

Vegas Strip Revenue Jumps 9% In March

Posted-In: Height Capital MarketsAnalyst Color Government Regulations Sports Top Stories Analyst Ratings General Best of Benzinga





 
 
 

Zero Hedge

"This Can Sneak Up On Us Quickly": Morgan Stanley Has Another Warning For The Bulls

Courtesy of ZeroHedge. View original post here.

In Morgan Stanley's latest Sunday Start note, the bank's chief equity strategist, who toward the end of 2017 turned decidedly gloomy on the US stock market after being one of its biggest bulls a year earlier, said that at the beginning of 2018 his view was out of consensus: "while we agreed 2018 would be a year of robust earnings growth, we differed by arguing that risk markets would not be rewarded for it. For US equities, we envisioned flat to modest positive returns as multiple contraction offset earnings growth."

And, to be sure, for a while he looked w...



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Phil's Favorites

Truth is Stranger than Fiction

 

Truth is Stranger than Fiction

Courtesy of 

Imagine Jamie Dimon made a killing shorting J.P. Morgan stock during the Great Financial Recession? And imagine he didn’t get in any trouble for it?

This actually happened 90 years ago at Chase Manhattan Bank, while Albert Wiggin was at the helm. This story was marvelously told in Once in Golconda, by John Brooks.

...

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Insider Scoop

Evercore ISI Raises 2019 Estimates For Lodging Stocks, Says Environment Favorable For Sector

Courtesy of Benzinga.

Related DRH Benzinga Pro's 5 Stocks To Watch Today Benzinga's Top Upgrades, Downgrades For March 29, 2018 Related ...

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Chart School

Bulls Step In - Easing Bearish Concerns as Small Caps Breakout

Courtesy of Declan

Monday offered the bearish doji / swing high set up which had looked like it was going to create the 3-day bearish evening star set up across markets; this pattern did present itself Tuesday with the gap downs but today (Wednesday) saw rallies which were enough to close these gaps but not enough to negate the 'bearish evening star' setups. However, the bearish 'evening star' is typically a reliable setup and the lack of follow through lower suggests more upside is to come

The S&P had its breakout last week with supporting technicals all bullish, with the exception of relative performance. Despite this, look for a continuation of this rally.
 

...

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Biotech

Studying poop samples, scientists find clues on health and disease

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

 

Studying poop samples, scientists find clues on health and disease

Though examining poop samples scientists working on the American Gut Project are getting a new perspective on the microbes in our guts. By Christos Georghiou/Shutterstock.com

Courtesy of Daniel McDonald, University of California San Diego

Have you ever wondered what’s going on in your poop? Perhaps not. But thi...



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Digital Currencies

HSBC Completes First Trade-Finance Deal Using Blockchain, Opening $9 Trillion Market For Mass Adoption

Courtesy of ZeroHedge. View original post here.

Just a few hours after German online bank Bitbond announced it now allows users to transfer loans anywhere in the world using bitcoin and other cryptos, a move which we said would result in a rapid adoption of blockchain technologies within the bank-disintermediation space, the FT reported that in a somewhat parallel ...



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ValueWalk

Buffett At His Best

By csinvesting. Originally published at ValueWalk.

Bear with me as I share a bit of my history that helped me create SkyVu and the Battle Bears games. The University of Nebraska gave me my first job after college. I mostly pushed TV carts around, edited videos for professors or the occasional speaker event. One day, Warren Buffet came to campus to speak to the College of Business. I didn’t think much of this speech at the time but I saved it for some reason. 15 years later, as a founder of my own company, I watch and listen to this particular speech every year to remind myself of the fundamentals and values Mr. Buffett looks for. He’s addressing business students at his alma mater, so I think his style here is a bit more ‘close to home’ than in his other speeches. Hopefully many of you find great value in this video like I have. Sorry for the VHS...



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Kimble Charting Solutions

The Stock Bull Market Stops Here!

 

The Stock Bull Market Stops Here!

Courtesy of Kimble Charting

 

The definition of a bull market or bull trends widely vary. One of the more common criteria for bull markets is determined by the asset being above or below its 200 day moving average.

In my humble opinion, each index above remains in a bull trend, as triple support (200-day moving averages, 2-year rising support lines, and February lows) are still in play ...



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Members' Corner

Cambridge Analytica and the 2016 Election: What you need to know (updated)

 

"If you want to fundamentally reshape society, you first have to break it." ~ Christopher Wylie

[Interview: Cambridge Analytica whistleblower: 'We spent $1m harvesting millions of Facebook profiles' – video]

"You’ve probably heard by now that Cambridge Analytica, which is backed by the borderline-psychotic Mercer family and was formerly chaired by Steve Bannon, had a decisive role in manipulating voters on a one-by-one basis – using their own personal data to push them toward voting ...



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Mapping The Market

The tricks propagandists use to beat science

Via Jean-Luc

How propagandist beat science – they did it for the tobacco industry and now it's in favor of the energy companies:

The tricks propagandists use to beat science

The original tobacco strategy involved several lines of attack. One of these was to fund research that supported the industry and then publish only the results that fit the required narrative. “For instance, in 1954 the TIRC distributed a pamphlet entitled ‘A Scientific Perspective on the Cigarette Controversy’ to nearly 200,000 doctors, journalists, and policy-makers, in which they emphasized favorable research and questioned results supporting the contrary view,” say Weatherall and co, who call this approach biased production.

A second approach promoted independent research that happened to support ...



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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

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

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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.

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