Author Archive for Insider Scoop

36 Biggest Movers From Friday

Courtesy of Benzinga.

Gainers

  • Quotient Limited (NASDAQ: QTNT) rose 29 percent to close at $6.05 following commencement of EU blood grouping field trial.
  • Mannatech, Incorporated (NASDAQ: MTEX) climbed 22.64 percent to close at $19.50 on Friday after the company reported commencement of modified Dutch auction cash tender for up to $16 million of common stock.
  • Shineco, Inc. (NASDAQ: TYHT) gained 19.41 percent to close at $2.03 following Q3 results. Shineco posted Q3 earnings of $0.21 per share on sales of $13.3 million.
  • Evolus, Inc. (NASDAQ: EOLS) shares surged 18.86 percent to close at $15.38 on Friday.
  • AgEagle Aerial Systems, Inc. (NASDAQ: UAVS) gained 16.11 percent to close at $2.45.
  • T2 Biosystems, Inc. (NASDAQ: TTOO) shares rose 13.89 percent to close at $8.20 on Friday.
  • Sea Limited (NYSE: SE) shares gained 11.33 percent to close at $13.07.
  • Orchids Paper Products Company (NYSE: TIS) shares gained 10.87 percent to close at $6.12.
  • Rexahn Pharmaceuticals, Inc. (NYSE: RNN) shares climbed 10.7 percent to close at $2.38.
  • Aqua Metals, Inc. (NASDAQ: AQMS) shares gained 10.25 percent to close at $3.55.
  • Westport Fuel Systems Inc. (NASDAQ: WPRT) shares surged 9.93 percent to close at $2.99 on Friday.
  • The Container Store Group, Inc. (NYSE: TCS) jumped 9.88 percent to close at $8.01.
  • Tandem Diabetes Care, Inc. (NASDAQ: TNDM) gained 9.75 percent to close at $12.83 on Friday.
  • Dover Downs Gaming & Entertainment, Inc. (NYSE: DDE) shares rose 7.92 percent to close at $2.18. The stock spiked more than 14 percent Thursday near the close as traders circulate word the Delaware lottery is planning to introduce full sports betting in June.
  • Cronos Group Inc. (NASDAQ: CRON) gained 7.41 percent to close at $6.23.


Losers

  • Agile Therapeutics Inc (NASDAQ: AGRX) shares tumbled 72.4 percent to close at $0.69 on Friday after the FDA announced significant concerns regarding the adhesion of Twirla.
  • LiveXLive Media, Inc. (NASDAQ: LIVX) shares tumbled 28.92 percent to close at $4.94 on Friday after climbing 64.50 percent on Thursday.


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Wabtec, GE Transportation Merge To Form Transportation Systems Holdings In $11 Billion Deal

Courtesy of Benzinga.

Wabtec, GE Transportation Merge To Form Transportation Systems Holdings In $11 Billion Deal

Westinghouse Air Brake Technologies Corp (NYSE: WAB) will merge with the transportation segment of General Electric Company (NYSE: GE) to create Transportation Systems Holdings, a rail equipment, services and software supplier, according to a Monday announcement.

“Both businesses are expected to benefit from the cyclical tailwinds they are experiencing as industry conditions improve,” the press release read. “Complementary businesses and large global installed base will create additional opportunities for cross-selling, aftermarket services growth and new solutions in a rapidly evolving industry.”

Wabtec will close the transaction with 49.9 percent of the combined entity, higher margins, $8 billion in revenues, and about 15-percent bottom-line accretion in one year.

GE will receive $2.9 billion in cash, own 50.1 percent of Wabtec, and grow adjusted earnings before interest, tax, depreciation and amortization (EBITDA) an estimated 20 percent over the next year.

“GE Transportation is positioned for a substantial rebound,” the release read.

The parties expect the $11.1 billion transaction to generate annual run-rate synergies of $250 million with free cash flow supporting rapid debt reduction and maintenance of Wabtec’s regular dividend.

GE shares popped 2.5 percent and Wabtec 2.2 percent in pre-market trading on the news.

Related Links:

JPMorgan Dismisses Buffett-GE Buyout Rumor

JPMorgan Lowers General Electric Price Target, Says EPS Guidance Is ‘Not A Credible Number’

Photo courtesy of GE.

Posted-In: GE Transportation Transportation Systems HoldingsNews M&A Top Stories Best of Benzinga





Berenberg’s Packaged Food Pair Trade: Buy Twinkie’s Parent Company, Hold Flowers Food

Courtesy of Benzinga.

Berenberg's Packaged Food Pair Trade: Buy Twinkie's Parent Company, Hold Flowers Food

The dynamics of the entire food packaging business changed after Kellogg Company (NYSE: K) decided to exit its direct store delivery snack network to operate a warehouse model. The distribution method that packaged food companies use is becoming increasingly important to investors, according to Berenberg.

The Analyst

Berenberg Capital Markets’ Adam Mizrahi initiated coverage of Hostess Brands Inc (NASDAQ: TWNK) with a Buy rating and $15 price target. The analyst also initiated coverage of Flowers Foods, Inc. (NYSE: FLO) with a Hold rating and $19 price target.

Buy Hostess Brands

Hostess Brands, the parent company behind the popular Twinkies snack, operates a warehouse model — as opposed to DSD — that’s “underappreciated” by investors, Mizrahi said in the Monday initiation note. Hostess’ focus on corporate culture along with marketing and innovation is well-known, but its supply chain shift shows it is also willing to “work closely” with important retail customers, the analyst said. 

A warehouse model for Hostess has resulted in the company achieving an industry-leading EBITDA margin at a time when its marketing levels are above average levels, Mizrahi said. The company stands apart from packaged food competitors that are notable for their complacency and high-cost DSD networks, he said.  

Hostess’ key structural advantage should help generate organic sales growth even at a time of industrywide headwinds, according to Berenberg. 

Related Link: Credit Suisse’s Winners And Losers In The Food Space

Flowers Foods

Flowers Foods, the parent company behind brands like Nature’s Own and Tastykake, operates a business that is mostly exposed to bread but with a small sweet baked goods business, Mizrahi said. The company’s DSD network is more necessary since it deals with perishable food, the analyst said. 

Flowers Foods is now able to focus on rationalizing its operating structure to better compete after decades of consolidating the “highly fragmented and regionalized” industry, Mizrahi said. But any earnings upside is limited, as the company has a history of struggling to offset any raw material inflation through pricing measures, presenting potential downside risk to the company’s performance beyond fiscal 2018, he said. 

Berenberg’s $19 price target implies a target P/E multiple of 16x on 2019 estimates, which is a discount to Hostess


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8 Stocks Moving In Monday’s After-Hours Session

Courtesy of Benzinga.

Gainers

  • Pernix Therapeutics Holdings Inc (NASDAQ: PTX) shares are up 10 percent reversing a 4 percent loss seen in the regular trading session. The company on May 10 announced a first-quarter earnings report that saw profits up significantly year-over-year
  • Micron Technology (NASDAQ: MU) shares are up 4 percent after announcing a $10 billion buyback plan.
  • Container Store Group Inc (NYSE: TCS) shares are up 6 percent, reversing a nearly 6 percent loss seen in the regular session.
  • Halcon Resources Corp (NYSE: HK) shares are up 3 percent. No news was immediately available.

Losers

  • Libbey Inc. (NYSE: LBY) shares are down 26 percent after announcing the suspension of its quarterly dividend. The company cited the prioritization of debt reduction and strategic investments as a reason for the move.
  • Melinta Therapeutics, Inc. (NASDAQ: MLNT) shares are down 8 percent after announcing a $75 million common stock offering.
  • Pure Storage Inc (NYSE: PSTG) shares are down 8 percent despite reporting a first-quarter earnings and sales beat. Adjusted earnings in the quarter came in at $(0.07), beating estimates by 5 cents. Sales came in at $256 million, beating estimates by $4 million. The company issued relatively in-line second quarter sales and earnings guidance.
  • Ardelyx Inc (NASDAQ: ARDX) shares are down 4 percent after announcing a $50 million common stock offering.

Posted-In: News After-Hours Center Movers Trading Ideas





A Bull-Bear Look At Turtle Beach

Courtesy of Benzinga.

A Bull-Bear Look At Turtle Beach

Turtle Beach Corp (NASDAQ: HEAR) stock has been on an incredible run in recent weeks, as the explosive popularity of battle royale games has created a huge demand for the company’s headsets and other hardware. With the stock up 278 percent in the past month, Turtle Beach has earned its fair share of followers, cheerleaders and skeptics.

The Bear Case

On May 15, TheStreetSweeper made the argument why Turtle Beach’s amazing run may could come to a painful end. The unexpected rise in the popularity of “Fortnite” was the primary driver of Turtle Beach’s big first-quarter earnings beat, but the company will be back to reporting quarterly losses in Q2, according to TheStreetSweeper.

Much of the recent move was technical in nature and driven by a massive short squeeze that is already subsiding, according to the short seller. 

TheStreetSweeper said Turtle Beach’s products simply aren’t that great.

“Turtle Beach products did not make the cut among headsets recently rated by Digital Trends, Wiki.ezvid.com, BestAdvisor, IGN and, perhaps most significantly, PC Gamer,” the firm said.

The Bull Case

Wedbush analyst Alicia Reese reiterated her bullish stance on Turtle Beach in a Monday note. Reese said battle royale-style games aren’t going anywhere, and Turtle Beach is well-positioned for impressive revenue growth and margin expansion. The company has a lucrative, untapped market in China, Reese said.  

Battle royale-style gamers tend to gain competitive advantages by interpreting positional audio, making high-quality headsets a must, the analyst said. 

“We think battle royale-style games are gaining traction and attracting a massive number of new gamers to the shooter genre, requiring high quality communications in order to participate.” 

Not only is Turtle Beach benefiting from the explosive 78-percent market growth in gaming headsets so far in 2018, but Reese said the company is also gaining precious market share from competitors as well.

What’s Next?

For now, investors are watching and waiting to see if the 270-percent run in


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M&A Activity Prompts Argus To Upgrade Sempra Energy

Courtesy of Benzinga.

M&A Activity Prompts Argus To Upgrade Sempra Energy

San Diego-based utility holding company Sempra Energy (NYSE: SRE)’s acquisition of a majority stake in Texas’ largest utility Oncor negatively impacted its first-quarter earnings, but Argus is bullish on the longer-term outlook.

The Analyst

Argus’ Jacob Kilstein upgraded Sempra Energy from Hold to Buy with a new $119 price target.

The Thesis

Sempra’s management team expects its new majority stake in Oncor to lift its annual earnings per share by 10 cents to 20 cents over the next four years and add $320 to $360 million to net 2018 earnings, Kilstein said in a note. Over time, the company’s operation stands to benefit for multiple reasons, including favorable regulation, a growing rate base at the company’s California utilities, investments in Mexican midstream infrastructure and the eventual completion of the Cameron LNG project.

The bullish case for Sempra’s stock can also be justified amid expectations for continued dividend growth at an annual rate of 8 to 9 percent per year over the next five years, the analyst wrote.

Shares of Sempra are trading at an 18.7x multiple on the analyst’s 2018 EPS estimate, which is a premium compared to the 17.3 median for comparable utilities. The multiple is also near the low end of its five-year historical range of 16.5x-25.4x and a $119 price target is based on a multiple of 22x, which is closer to the mid-point of the five-year range.

Price Action

Shares of Sempra Energy were trading around $102.56 on Monday afternoon.

Related Links:

Utilities Slump Could Be Nearing Its End

Goldman Sachs’ 3 Top Utilities Stocks In 2018

Posted-In: Argus Jacob Kilstein Utilities utility stocksAnalyst Color Upgrades Price Target Analyst Ratings Best of Benzinga





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





 
 
 

Phil's Favorites

AI slaves: the questionable desire shaping our idea of technological progress

 

AI slaves: the questionable desire shaping our idea of technological progress

Charles Taylor/Shutterstock.com

Courtesy of Beth Singler, University of Cambridge

From high impact Hollywood dystopic accounts such as the infamous Terminator films to public responses to the story of a burger flipping robot being “fired”, the stories we tell ourselves about AI are important. These narratives have an impact on our conception and development of the technology, as well as expressing elements of our unconscious understanding of AI. Recognising the shaping effect of stories – whether fic...



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Zero Hedge

JCPenney Crashes After CEO Unexpectedly Quits To Join Lowe's

Courtesy of ZeroHedge. View original post here.

In the great race between JCPenney and Sears of which retailer will be the world's slowest melting icecube, and who will file Chapter 11 (or 7) first, today the former took a decisive lead when JC Penney’s CEO Marvin Ellison unexpectedly announced he is leaving the near-insolvent department store operator to join home improvement retailer Lowe’s.

The shocking announcement came less than 3 years after Ellison took the top job at JC Penney, following an activist attempt by Bill Ackman to "fix" JCPenney ended in disaster.

The ...



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Chart School

Narrow Trading Ranges Set Up New Breakout Opportunities

Courtesy of Declan.

The past few days have seen markets shape narrow mini-trading ranges, each following breakouts from larger consolidations. Large Caps show this best

The S&P cleared a dual 4-month and 6-week consolidation before shaping the past 8-day 'flag'. Look for a break of 2,740 and a push to challenge the next swing high at 2,800 - although a test of this should be enough to go on and challenge all-time highs.


The Dow Jones Index could be considered to have broken from its mini-consolidation. Volume was...

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Biotech

Could this be the year for a Canadian Breakthrough Prize in Life Sciences?

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

 

Could this be the year for a Canadian Breakthrough Prize in Life Sciences?

Courtesy of John Bergeron, McGill University

In 2013, Kyoto University’s Shinya Yamanaka was awarded one of the first Breakthrough Prizes in Life Sciences for his discovery of “induced” stem cells that enabled researchers to convert adult cells back into stem cells.

The Breakthrough Prize is not to be sneezed at. Founded in 2013, the prize “honours transformative advances toward understanding living systems and extending human life.” It’s also the most financially attractive aw...



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Insider Scoop

8 Stocks Moving In Monday's After-Hours Session

Courtesy of Benzinga.

Related PTX Benzinga's Daily Biotech Pulse: FDA Panel Nod For Akcea, Synergy's Revenue Miss, FDA Warns E-Liquid Makers Again 18 Stocks Moving In Friday's Pre-Market Session Related 36 Biggest Movers From Friday ...

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Digital Currencies

5 Factors That Drive Bitcoin's Ups & Downs

Courtesy of ZeroHedge. View original post here.

By Kayla Matthews via Hackernoon.com

The price of Bitcoin has been wildly volatile. From November to December 2017, it increased by 223 percent. It fell by 59 percent between January and February 2018, increased by 64 percent from February to March and then dropped again during March by 40 percent.

While this isn&r...



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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.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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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...

Learn more About Phil >>


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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 >>